Hello to all and welcome to my ICO review . For those of you who don't know me yet, let me introduce myself. My name is Funke and I'm an experienced writer who enjoys what he does very much. I'm here to give you all the information you might need or want about The Business Marketplace for Everyone. I plan to make them “easy read, to the point” because what's important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.
Today, let us all learn and experience together all about LEXIT. If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it's best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.
LEXIT project is launching first global M&A marketplace that allows entrepreneurs to trade intellectual property, copyrights and technology from discontinued projects, and even sell whole startups. Blockchain-based tokenization models and the disintermediation of appraisement and matchmaking services allow LEXIT to make Mergers & Acquisitions as easy as selling a car or real-estate. LEXIT Marketplace will increase accessibility to global M&A opportunities by allowing sellers of any kind to create auction listings for their companies and IP. #LEXITco
WHY LEXIT IS DIFFERENT FROM OTHERS?
The LEXIT’s architecture allows smart contracts to communicate seamlessly and securely with the platform’s web service and business logic. This includes a sophisticated, searchable database to enable buyers to quickly and accurately identify a comprehensive universe of acquisition targets.
When transactional data is stored on a tamper-proof, immutable shared ledger, platform security and transparency are increased. Because smart contracts self-execute automatically, users across the world can conduct large transactions without worrying about breach of contract. In order to keep transactions as cost-efficient as possible, the P2P transactions offered by blockchain technology and LEXIT’s internal cryptocurrency eliminate third-party processing fees. This can help to reduce transaction cost and increase transaction speed.
I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind LEXIT ”. If the team behind the product or service in question haven't the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:
Who are the people/team behind this?
What experience and knowledge do they possess?
Okay, so, because I've already done all the research needed beforehand and thoroughly LEXIT I can very happily confirm that this company has a fabulous team onboard. Here they are:
WHY THE PROJECT LEXIT?
Lexit is here to solve all the underlisted problems encountered from other M&A
High Transaction Costs:
Transaction costs represent a significant barrier to M&A participation for small businesses and startups, which are often cash-strapped. The right guidance is also expensive. A traditional M&A transaction usually takes up to two years to close—from the day the acquirer discovers its target to the day ownership is transferred. The length of process is therefore a major deterrent.
Difficult Pricing:
One of the most taxing parts of an M&A negotiation is arriving at an acceptable valuation. Buyers want to ensure that they are not overpaying while sellers are naturally angling for the highest reasonable price. Without proper guidance, either end of an M&A transaction could have unrealistic expectations that sour the deal.
Intellectual Property Challenges:
Because of the intangible and sometimes inscrutable nature of intellectual property, it can be particularly difficult to discover and value these types of assets. Due to the il-liquid nature of current IP markets, a considerable amount of intellectual property is left unused across the world. Small and midsized companies, individual inventors, and universities often lack the knowledge, the legal expertise, and the financial resources to engage with the opaque IP market.
Reaching out to Experts and Counterparties:
It can be difficult for an inexperienced company to navigate this rigid, esoteric system without the right guidance, yet the right guidance is hard to find. In today’s M&A marketplace, a lack of connections can put either side of the transaction at a disadvantage. From discovering transaction opportunities to ensuring the company’s interests are well represented, the old system often requires an inner circle of experts who can guide the process.
With the aforementioned problems, LEXIT endeavors to break down the barriers to M&A(Mergers & Aquisitions) so that even those individuals and companies that, in the past, were not traditional participants can now access the benefits of M&A transactions.
THE ECOSYSTEM
LEXIT Revolutionizes Mergers & Acquisitions by replacing expensive and inefficient mediators with a distributed network of independent assessors and matchmakers. Lexit offers dedicated solution for sellers, assessors, and buyers. Sellers are able to use the Lexit platform to list their projects, verify them, and collect offers, which then can be used to finalize lucrative exit deals. Examples of sellers include a company with a patent portfolio or a professor who manages the IP of his or her research institution.
Whereas, Buyers are companies or investors that intend to purchase IP, assets, or entire companies for growth or investment purposes.
THE MARKET PLACE
TOKEN AND ICO DETAILS
LEXIT is launching a native currency token to be used on the LEXIT platform.The LXT token powers the LEXIT platform and its services.
Token: LXT
Base price of LXT token is set for, 1 ETH= 1200 LXT.
Soft cap: 2,000 ETH
Hard cap: 30,000 ETH
Minimum investment: 0.01 ETH
Get 25% bonus if you participate in the sale right now: https://sale.lexit.co/ which ends in 26 days- 31 August, 2018.
Total supply of 160 millions LXT tokens where 50% (80 millions) are for the public sale.
Platform: Ethereum
Accepting: ETH
ROADMAP
In conclusion, LEXIT Solution allows for M&A processes to be concluded four times as fast, at about a quarter of the traditional costs. Entrepreneurs are empowered to discover the true value of their assets on a vibrant and highly liquid marketplace, without having to bear overpriced prepayments. And most importantly - for the first time an efficient market for IP and patents is established, allowing companies to trade assets as conveniently as one would buy or sell a car or real estate.
For more information, kindly visit the below links:
WEBSITE: https://www.lexit.co/
WHITE PAPER: https://www.lexit.co/resources/whitepaper
ANN THREAD: https://bitcointalk.org/index.php?topic=2494585.60
TELEGRAM: https: //t.me/LEXITco
FACEBOOK: https://www.facebook.com/LEXITco/
TWITTER: https://twitter.com/LEXITco
REDDIT: https://www.reddit.com/r/LEXITofficial/
Author : funkyies
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1971452
It is really interesting to see how blockchain technology is renewing the current system. And money is only a tiny part of what it really is capable of. Thanks for this article.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit