Over the past years Mergers and acquisitions (M&A) has been known to provide companies with strategic management, they make transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities. M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. However the purpose and parformance of M&A have been shattered, buyers and sellers are been disappointed compared with results predicted or expected. Numerous empirical studies show high failure rates of M&A deals. M&A problems includes intransparency, high fee and ineffectiveness. LEXIT will bring all of this to an end solving the available and future problems. LEXIT aims to increase the efficiency and liquidity to M&A transactions, all within one secure space. How LEXIT plan to solve the problem;
1.With a marketplace that brings buyers and sellers together, giving themglobal access to assets and opportunity.
2.Through the addition of assessors and field experts who help appraise assets.
3.With a secure, digital deal room where transactions are finalized quickly.
WHAT IS LEXIT
LEXIT is a marketplace for IP and companies. LEXIT allows entrepreneurs to trade intellectual property, copyrights, and technology from discontinued projects and even sell whole startups. LEXIT is built on the Blockchain, this will provide transparency, high security and low fees to users, Blockchain-based tokenization models and the disintermediation of appraisement and matchmaking services allow LEXIT to make M&A as easy as selling a books . LEXIT is disrupting the way in which companies and their IP are being bought, sold, and licensed. All of this will be done in the LEXIT Ecosystem.
LEXIT ECOSYSTEM
LEXIT have analysed the problems M&A encounters, Pricing Is Difficult, Transaction Costs Are High, Intellectual Property Challenges and intransparency, this problems will be solve through the LEXIT ecosystem on the LEXIT platform. The platform is a fully functional and secure with friendly user interface, it comprises of the marketplace, allowing sellers to create auction listings for their companies and IP. Once sellers post their listings, buyers can either Browse through all the sell offers or search for offers with specific attributes, like industry or location. After receiving bids, the seller makes the final decision regarding which bid to accept. Buyers can also communicate with sellers before bidding in order to get more information about the listing.Throughout the Marketplace phase, both buyers and sellers can obtain support from LEXIT platform experts as described in the “Participants” section below. Artificial intelligence will also evaluates patterns in IP in order to provide automated information about a listing’s potential value. After the seller accepts a buy offer, the transaction transitions to the Deal Room phase.
The Deal Room is a secured space where all transactions can be made between the seller and the buyer and with the implementation of blockchain transactions are secured, transparent and fast, this will create trust within the ecosystem. The platform will also be equipped with assessors which give views about to sellers and buyers on listings and transactions, With all of this said LEXIT has implemented Anti-Fraud Detection Team so no monitor the activities on the platform and notify the team.
LEXIT TOKEN
LEXIT token was created to make all transactions seamless within the Lexit ecosystem, the company will make use of the token LXT. The primary reason for launching the token is to avoid any major value fluctuations in pricing that are commonly associated with cryptocurrencies.
Platform: Ethereum
Type: ERC20
Token: LXT
Total Supply: 160,000,000 LXT
Soft Cap: 2,000 ETH
Hard cap: 30,000 ETH
Price in ICO: 1 LXT = 0.00083 ETH
ROADMAP
TEAM
Advisors
CONCLUSION
As the M&A been disappointing businesses have also been dieing but with the implementation of LEXIT they will change and reshaping it, offering users the best.
For more information about #LEXITco , kindly use the links below:
Website: https://www.LEXIT.co
Whitepaper : https://www.lexit.co/resources/whitepaper
Telegram: https://t.me/LEXITco/
Twitter: https://twitter.com/LEXITco
Facebook: https://www.facebook.com/LEXITco/
Writer
Name: Biodun Atteh
Email: [email protected]
Congratulations @atteh! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Award for the number of upvotes received
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @atteh! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit