LEXIT PLATFORM: BREAKING BARRIERS OF THE MERGERS AND ACQUISITIONS TRANSACTION MARKET

emmy92 (42)in #ico • 6 years ago (edited)

The essence of the M&A ( mergers and acquisitions) marketplace is to throw a safety boat to companies or firms who are facing hard times financially and otherwise whereby the companies that are financially stable and capable will either merge or purchase the companies that are not financially stable. The term "M&A" consists of two words "mergers" and "acquisitions" which mean totally different things altogether. The word mergers is considered in a case scenario whereby two companies which are almost of the same size and capacity decide to forge a formidable team by joining forces and resources together to move forward as one enterprise while acquisitions involves two companies whereby they are of different sizes and capacity, the larger company purchases the smaller one which is referred to as the target and then incorporates or absorbs it into its main parent organisation and thus takes full control of it whereby the purchased firm seizes to exist. In the M&A marketplace buyers and sellers are also involved too just like other marketplaces but in this type of marketplace, the commodity being sold is of different forms from the other marketplace. The commodity here can be in form of an asset, an IP, a firm or a company.
Though the M&A system is seen as the lifeboat for struggling companies, it also has issues that hinder its global acceptance or its global use and they include:

Difficulty in pricing
Difficulty in accessing counterparties and Assessors.
The high cost of transaction etc.
Therefore addressing the above-mentioned problems is thus vital in unleashing the potentials of the M&A transaction system. However, a platform is said to address all these issues by incorporating blockchain into their platform and the platform is known as LEXIT PLATFORM.

LEXIT PLATFORM

LEXIT platform is a blockchain-based platform which focuses on creating a seamless, secured as well as an uncomplicated means of M&A transactions. It aims at solving the problems faced by the M&A transaction system by incorporating tools which are vital in helping to achieve the final result. These tools include:

The Marketplace which is the place where both the buyers and the sellers will meet.
Assessors and field experts who will give brilliant reviews and also an observation about assets listed for sale.
The Deal Room where transactions will be finalized at a very quick speed.
Business partners that will help grow the platform.
Blockchain which will bring security as well as effective transparency to the platform.
Token.

The LEXIT platform focuses more on using blockchain to create a formidable M&A transaction space where the issue of trust is out of the picture but where security and transparency is the order of the day. This transparency and security offered by blockchain technology can be attributed to the following;
i. Decentralization: The power of making sure users are the master of their data. This also ensures data is protected from cyber attacks or data breaches.
ii. Use of smart contracts: Ensuring proper processing of real-time transactions.
iii. Time stamping: With this, all real-time transactions carried out on a blockchain-based platform is tracked and not lost.
The LEXIT platform is out to simplify the M&A transaction system in such a way that even those who never participated in the past will be willing to.

LEXIT ECOSYSTEM

The LEXIT ecosystem is made up of mainly the Marketplace and the Deal Room which are functional fractions In the platform that will help in achieving the end target.

MARKETPLACE: This is where the buying and selling process takes place and those majorly involved in this section are the buyers and the sellers. In this section, sellers willing to sell a particular assets which can either be a firm, company or an IP will first list their assets for sale on the platform with a price range attached to it then potential buyers looking for assets to buy will go through the listed assets or can even search using special attributes to locate a particular asset and after that, they will place their bidding price. Then after that, the seller will now scan through all the prices submitted for his assets and will then select who to sell to depending on which price suits him. Here registration is free but certain fees are charged for the listing of assets.
THE DEAL ROOM: As the name implies, this where the real deals are done. This section is where deals are finalized and disclosure documents are also signed here. The major people involved here are the buyers, sellers and also the assessors who give reviews and observations on the contents. Due to the nature of work done in this section, entry is highly monitored and this is done only to protect the documents as well as the transactions information being handled in this section. This is where the use of blockchain is said to be highly effective in providing security, transparency and to helping close deals at a faster speed.

Participants In The LEXIT Ecosystem

The individuals who make up the LEXIT ecosystem includes:

Buyers and sellers.
Assessors
Anti-fraud detection team ( the undercover cop) filters unwanted transaction completely from the platform.
Outside service providers.
LEXIT global partners
External partners

THE LEXIT PLATFORM TOKEN

This will be the medium of exchange to be used on the platform and it will be designated as LXT TOKEN. LXT will be the core component driving the LEXIT platform used for services such as Escrow payment and settlements. LXT is also used for paying of actions done on LXT platform.
LXT is an ERC20 token built on Ethereum blockchain with the total supply of 160,000,000.

CONCLUSION

Since M&A helps organizations whether large or small with the opportunity to grow, LEXIT aims to further enhance the M&A marketplace with blockchain technology, thus ensuring trust, transparency and reliability. The marketplace created thereof will be user-friendly, profitable, increased liquidity and market efficiency, thus promoting innovation and growth while minimizing costs and risk for all participants in the marketplace.