The blockchain ecosystem has been tremendously great as it has become a home to hundreds of thousands of different startups, all of which possess unique and innovative features and ideas. The startup ecosystem is extremely competitive and more than 76% of startups are not doing well and most of them fail to achieve outstanding success which results in the loss of valuable knowledge and concepts.
Many startups do away with innovative or groundbreaking technology over the course of their development, which leaves many promises and dreams unfulfilled. Ultimately, many startups fail to find exit strategies that reflect their true value and the amount of effort they have exerted in creating their concept, platform, or service.
Mergers and acquisitions popularly known as (M&A) provide opportunities to organizations, both large and small small scales. This eye opening opportunities is to foster strategic growth. By purchasing another company, an acquirer can gain access to critical research, intellectual property, human capital, and other assets at a much faster rate than could be achieved in-house. However, at present, the M&A process is flawed and outdated. According to the Small Business Administration, roughly half of US businesses with employees fail within five years. When businesses fail, they often take their hard-won knowledge, technologies, and human capital down with them. To date, there has not been an efficient way for sellers to find buyers who can carry the torch of a faltering business. In turn, buyers usually do not have a consistent source of deal-flow outside of their inner circle.
Furthermore, even when a buyer and seller do manage to find each other, the process itself is unjustly complex, involving batteries of corporate lawyers, investment bankers, financial advisors, appraisers—all of whom come at a high cost. All of this adds up to an enormous barrier to entry for the average company that, under other circumstances, might have been an attractive acquisition target if only it had access to the right buyers and expertise. For this reason, we believe that it is time to bring the business marketplace into the 21st century. Just as eBay revolutionized peer-to-peer commerce and Airbnb brought aggregation platforms to the forefront, LEXIT will bring increased efficiency and liquidity to M&A transactions, all within one secure space. We do this in the following ways:
A new blockchain based mergers and acquisitions marketplace aims to change this by providing sellers, assessors, and buyers with a comprehensive platform that facilitates the disassembly, reconnection, and reuse of innovative and valuable startup concepts. It offers to help you determine whether it’s worth participating in or not
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.
WHAT IS LEXIT?
Lexit is a new blockchain based marketplace that is aiming to provide entrepreneurs with the ability to 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.
This plasform has the objective of consolidating the Mergers and Acquisitions (M&A) market, helping entrepreneurs and big companies to incorporate processes, ideas and technology from failed projects or new companies into new and prosperous projects. In other words, they are building a market in which it is possible to make and exchange intellectual property and commercial companies.
The global volume of mergers and acquisitions is enormous and despite the growth, there are still complexities and challenges in the industry that Lexit tries to solve with the help of blockchain. The truth is that the industry is due to distraction and Lexit is taking a leading role in this, because there has never been a blockchain project that aims to reinforce the multi-trillion dollar market.
By utilizing blockchain based tokenization models and a broad spectrum distributed network of appraisers, Lexit will offer unparalleled flexibility and ensure that ideas never go to waste. Through the backing of the blockchain, LEXIT is offering transparent and secure transactions. It features a Deal Room where confidential meetings and business agreements are signed. If you’re yet to utilize the prospects of Intellectual Property (IP), the LEXIT platform allows you trade on IP while integrate current technologies and ideas in bringing abandoned (discontinued) projects back to life.
How LEXIT Mergers & Acquisitions Blockchain Marketplace Works?
To start off with, the “seller” makes use of the web interface within Lexit to create his/her listing. This is done after a thorough check so as to ensure that the person/ company performing the sale is legitimate. After the listing has been made, potential buyers can use the same web platform to search for assets that they would like to purchase. In case there are several offers from different buyers, sellers have the option to go through the “transactional history” of each buyer and then choose who he/she would like to do business with.
At this point, it is also important to mention that the app interface guides “both parties through the necessary steps for closing a deal”. This is usually done via the use of experts that have knowledge in regards to things like due diligence, value estimation etc.
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Lexit 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 OF LEXIT PLATFORM
The aim of Lexit is to fulfil two primary functions including:
MARKETPLACE;
It will serve as a marketplace wherein users will be able to come and offer their IP’s, company branches and startups for sale. Through the use of an advanced “filter mechanism”. Potential buyers will be able to scan through the available opportunities and then pick the ones that they desire to invest in.
NATIVE ECOSYSTEM:
To help make the entire exchange experience more seamless, the company has developed its own ecosystem to make the marketplace functional and accessible (to all those who wish to make use of it). For starters, Lexit will make use of incentives and bonuses that will be used to encourage participation. In addition to this, the company will also provide ”legal assistance” to its customers for the preparation of ‘M&A and IP transactions’.
LEXIT Is Powered By A Distributed Network
Service providers. All projects listed on LEXIT are verified, analyzed, and assessed by a distributed network of independent appraisers and industry specific specialists.
LEXIT’s service providers are screened, high-quality contractors, subjected to a rating and reputation system, generated through buyer input.
Global partners and mathmakers
To cut the best deals in the industry, LEXIT maintains a global partner program of highly connected players in the Tech ecosystem.
Appraisers are able to use the Lexit platform to assist with the verification and evaluation process, while buyers are able to browse a marketplace of projects, evaluate them, and place offers. All three of these processes will be facilitated by the creation and transmission of a token called the LXT, which guaranteed quality, fairness, and transparency.
Assessors working with the Lexit platform are screened and verified independent contractors that are rated with a reputation system that is generated through buyer input, ensuring highly accurate assessments every time.
TOKEN DETAILS;
Price in ICO: 1 LXT = 0.00083 ETH
Min. investment: 0.01 ETH
Accepting: ETH
Distributed in ICO50%
Soft cap: 2,000 ETH
Hard cap: 30,000 ETH
BONUS
75% Bonus Tier 1: Jun 19th-Jun 25st 1 LXT = 0.00047 ETH
60% Bonus Tier 2: Jun 25st-Jul 2nd 1 LXT = 0.00052 ETH
40% Bonus Tier 3: Jul 2nd-Jul 9th 1 LXT = 0.00059 ETH
25% Bonus Tier 4: Jul 9th-Jul 16th 1 LXT = 0.00066 ETH
10% Bonus Tier 5: Jul 16th-Jul 25th 1 LXT = 0.00075 ETH
For more information:
Website: https://www.lexit.co
Whitepaper: https://uploads-ssl.webflow.com/59f21153ffa06300013c0c6d/5b3e5e84aa9722a12cd6e3df_07-05LEXIT_White_Paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2494585.0
Twitter: https://twitter.com/LEXITco
Facebook: https://www.facebook.com/LEXITco/
Telegram: https://t.me/LEXITco/
Writer: sholex00
Writer's email: [email protected]
