There are tens of thousands of different startups that exist on the blockchain platform. They all come with unique and viable ideas but lack the whim to survive competition. Over 85% of these startups fail to succeed which makes them lose valuable concept.
Over the course of their development, most startups leave disruptive technology. Asides having an unfulfilled dream, many startups do not have an exit strategy that shows their true worth as well as the effort they have put together in creating the platform.
This will be changed by introducing a new blockchain based mergers and acquisitions platform. This will make available to buyers, sellers and assessors a detailed platform that makes it possible to reuse, reconnect, and re-strategize innovative and worthy startup concepts.
Introducing Lexit
Lexit is a new marketplace based on the blockchain technology with the aim of making entrepreneurs able to absorb processes, ideas, technologies and concepts from abandoned projects into another new, successful context.
With this platform as well, users will be able to create and execute profitable exit deals. Lexit will ensure ideas never goes to waste by offering, using blockchain models for token alongside a broad distributed spectrum network of appraisers. Sellers, appraisals and buyers will all be offered dedicated solution on the Lexit platform.
• On the lexit platform, sellers will be able to list and verify their project. They will also collect their offers which will help them close profitable deals.
• Appraisals will use the Lexit platform to make sense of the evaluation and verification platform.
• Buyers will have access to a marketplace of project, with the ability to evaluate and make offers.
The three processes described above will be made possible by the creation and distribution of a token known as LXT, which will be based on quality, transparency and fairness. The Lexit platform ensures that only independent contractors screened and verified, with a very high reputation, are allowed by the assessors to work on the platform.
Market forces and network dynamics is very active in the Lexit ecosystem. This will render corporate assets like technology, trademarks, patents, into highly liquid assets with the ability to be easily traded, licensed and rented. The Lexit team reports that the improved liquidity alongside market efficiency will be very beneficial for promoting innovation and growth support. In addition to this, overhead cost and risks will be relegated, thereby increasing potential profitability.
LEXIT also allows the Mergers and Acquisition process to be concluded faster and at a reduced cost as well. Entrepreneurs will be able to ascertain the real value of their assets on a thriving and highly liquid marketplace, at a very reasonable fee. And above all, a fruitful market for patents and IP will be established for the first time. This will allow companies to transact with IP assets just as one will buy or sell a piece of cloth.
Features of the Lexit Platform
The lexit was organized with the aim of fulfilling two primary functions. These are:
• Marketplace
The Lexit platform will serve as a marketplace that will give users the opportunity to present their company branches, IP’s as well as startups for sale. This will be possible via something called filer mechanism. Buyers interested will have the chance to scan through available opportunities and pick the ones they prefer.
• Native Ecosystem
The Lexit has made available it’s very own ecosystem in a bid to make the whole exchange process easy. Asides, the marketplace will further be accessible and functional to interested members of the public. Also, Lexit will attract new members via bonuses and incentives. Lexit will make available “legal assistance” to its members for preparation of its mergers and acquisition transaction.
How the Mergers & Acquisitions Works on LEXIT Blockchain Marketplace
Listings can be created by the seller using the web interface within the Lexit ecosystem. This is done only after the legitimacy of the person and the company has been established.
As soon as the listing has been established,, interested buyers can utilize same platform to look up assets that are pleasing to them.
Should there be many offers from diverse buyers; sellers can proceed to the transaction history of the various buyers in order to determine which of them they would like to do business with.
The deal will then be closed by mainly experts, knowledgeable in certain fields as value estimation, due diligence and more. Asides, the app interface are designed to guide each party through what is expected of them to make this happen.
On completing the essential groundwork, Lexit allows the user to create data entries with which the deal is finalized. This data entry records all aspects of human interaction that goes with every transaction.
Lexit as a platform stands out with many advantages over the common mergers and Acquisition platform. This makes Lexit a superior platform with many value proportions.
The LEXIT Token
Lexit will make use of a cryptocurrency called the LXT as its token, this will help ensure transparency on the Lexit platform.
The LEXIT token will be the medium for all transactions as well as payments on the LEXIT platform. One benefit the platform derives from using the LEXIT token is the reduction in price variance. Active users of the Lexit platform will be rewarded for their activities on the network.
The LEXIT team
The brain behind the Lexit platform comprises of prolific specialist and serial entrepreneurs with vast experience in their respective fields. The team members can boast of experience, dedication which is primal to the success of the team. The team of LEXIT boasts of members that have started and saw the development of successful projects through, thus indicating that the LEXIT network will succeed.
Conclusion: The Lexit Review
Lexit stands out as the first market for companies and IP to allow entrepreneurs to market intellectual properties, technology and copyrights from abandoned projects. They even have the capacity to sell whole projects as well as startups thus closing the business gap between sellers and buyers.
LEXIT will make Mergers & Acquisitions as easy as selling a house through blockchain-based tokenization models with matchmaking services and the disintermediation of appraisement. As a result, this will make LEXIT a profitable business for all.
ROADMAP for the Project
• 01-09-2017: The Minimum Viable Product
• 01-12-2017 General Partners Sign-ups will be launched
• 01-02-2018 High Security KYC ID Verification as well as Market Predictive Ai
• 01-03-2018 LEXITs Premium Model stage
• 01-04-2018 Development of Rundefined Structure
• 01-06-2018 The Initial Coin Offering Period
• 01-08-2018 Third Party API Development period
• 01-09-2018 Integration of SAAS features and the likes
• 01-01-2019 LEXITs Blockchain Development period
• 01-03-2019 Deployment and Expansion stage
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Author - Coltpython
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