What is Lexit?
In this article, we’ll take a look at the Lexit platform and find out what it plans to achieve. We’ll also look at the upcoming Lexit ICO and find out what it offers to help you determine whether it’s worth participating in.
#LEXITco is the first blockchain based online marketplace that is aiming to provide entrepreneurs with the ability to trade IP, copyrights, code, and incorporate processes, concepts, ideas, and technology from discontinued projects into new and successful contexts. The platform at the same time offers startups the ability to create and execute lucrative exit deals. LEXIT will bring more efficiency and liquidity to M & A transactions, all in a safe space. We do this in the following ways:
With a market that brings buyers and sellers together, give them global access to assets and opportunities.
Through the addition of assessors and field specialists who assist with property assessment
With a secure digital trading room where transactions are completed quickly
With an international business networking network, to expand reach and promote communication
By using the blockchain technology, for its safety and transparency
And through the economic token, to encourage and promote participation.
SOLUTION LEXIT PLATFORM OFFER
The 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 patentsis established, allowing companies to trade assets as conveniently as one would buy or sell a car or real estate.
Another main goal of this platform is to create “A New Frontier for Mergers and acquisitions Transactions” for every small to large investor or entrepreneur in this current market
Problem
Lexit platform also offers dedicated solution for sellers, appraisers, 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.
Features
LEXIT’s marketplace, buyers and sellers meet directly en masse allowing market forces and network dynamics to render corporate assets such as patents, trademarks, technology, specialized departments and entire companies into highly liquid assets that can be traded at ease, rented and licensed.
LEXIT are convinced and able to demonstrate that this increased liquidity and market-efficiency will prove itself highly beneficial in terms of promoting innovation and supporting growth, while reducing overhead costs and risk.
LEXIT has also engaged in partnerships with external entities so that we can enhance our platform’s capabilities at a leveraged pace. The current roster of External Partners is as follows
The seller uses the platform’s web interface to create a listing of the asset he looks to sell which is published on the platform after a basic check by the platform owner (LEXIT).
Potential buyers can use the web interface to search for the assets, IP or company branches they need for the development and growth of their business.
The seller sees several buy offers and can check a potential buyer’s history on the platform.
Lexit is a wholly original solution in the ICO ecosystem, and, on launch, will be the only blockchain based acquisitions platform in existence. If you’re interested in the development of the Lexit platform, it’s definitely worth signing up for updates via the Lexit website.
The team currently consists of 14 members and 7 advisors. Their background is from system analytics, project management, sales expertise, and legal expertise with blockchain environment.
LEXIT WEBSITE/ COIN DETAILS
Website; https://www.lexit.co/
Ticker: LXT
Type: Utility-token
Additional Token Emission: No
Accepted Currencies: ETH
Token distribution
Advisors; 4.5%
Company reserve; 29.5%
Market; 50%
Team;. 10%
Partners; 4%
Airdrop/ bounty; 2%
Country not allow: USA, Republic of China, Singapore, Afghanistan, Central African Republic, Democratic Republic of the Congo, Eritrea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, North Korea, Somalia, South Sudan, Sudan, Syria, or Yemen.
Maximum Lexit Token Supply: The maximum Lexit token supply is 160,000,000 LXT tokens. where 50% (80 millions) are for the public sale. And the overall hardcap with 30,000 ETH. 44 cents a token, so $35 million market cap.
Contribution Period: The Initial Token Offering period (I.C.O) starts on the date and time set to be announced on the Lexit Project website and continues for a period of 103 days or the moment when the Maximum Contribution Amount has been reached and also the Initial Token Offering Period shall be divided into five tiers. When all of the LXT tokens allocated for a particular tier have been completely distributed, the following tier will be immediately activated until all remaining LXT tokens in Pool A are completely distributed. Contributing to the Initial Token Offering at any particular tier will entitle the User to a bonus amount of LXT Tokens allocated for that tier. The tiers are as follows:
LXT Base price:1 ETH = 1200 LXT
Tier 1:75% Bonus 1 ETH = 2,100 LXT
Tier 2:60% Bonus1 ETH = 1,920 LXT
Tier 3:40% Bonus1 ETH = 1,680 LXT
Tier 4:25% Bonus1 ETH = 1,500 LXT
Tier 5:10% Bonus1 ETH = 1,320 LXT
SOCIAL MEDIA ACCOUNT
https://www.facebook.com/LEXITco/
https://www.linkedin.com/company/lexit-inc./
https://www.reddit.com/r/LEXITofficial/
https://bitcointalk.org/index.php?topic=2494585.0
WHITEPAPER LINKS
English language
Chinese languages
