LEXIT: Making Access to Merger & Acquisition Processes Easy for All
LEXIT is a blockchain driven platform which seeks to eliminate the challenges associated with the present day Mergers and Acquisitions processes by facilitating the participation of buyers and sellers as well as other relevant partners which will in turn open up the Mergers and Acquisitions processes to more opportunities and wider participation. Lexit brings more efficiency to the Mergers and Acquisitions process by making available a conducive and safe market environment which provides variety of assets acquisition for buyers and sellers.
MAJOR CHALLENGES OF TODAY’S MERGER & ACQUISITION
Evaluation:
It’s often difficult to evaluate what the value of a company is worth and as such difficult to place a price to a prospective buyer. The buyer, on the other hand, fears that he may be over-paying for the company to be acquired.
Accessing Experts
Most times getting in touch with experts that could advise on the process of M&A could be daunting—knowing an expert who knows his onions is even another milestone on its own. It’s possible to contract a supposed expert who has the portfolio but lack the hands-on experience. This becomes frustrating if you part with money and discover you are dealing with a fraudulent person.
Another challenge is having knowledge of where to meet a buyer or seller who would be interested in the property up for grabs. This could be a huge set-back as often times, sellers and interested buyers are limited to just their acquaintances; while the person they need to have the transaction with isn’t within their contacts.
High Transaction Costs:
This is one major hiccup for small businesses especially considering the costs to be incurred in acquiring a lawyer, advisory fees, accountants, or other experts. Usually, the time involved in closing these deals could span about two years—and the business owner is expected to bear the brunt of the transaction fees.
Intellectual Property (IP)
Due to the intangible nature of intellectual properties, it is often difficult to evaluate. The waste of IP is usually heart-rending. Most times, IP are abandoned across the globe—the technical know-how isn’t available to engage with the IP market. IP possessors usually don’t have an inclination of how to sell; so they rather concentrate on research.
When IP is abandoned or untapped into, it becomes a waste as larger corporations or individuals who may need it are never privileged to encounter it.
This is a technology that is hinged on decentralized data records. The blockchain technology is changing ways of carrying out various facets of transactions among people through its decentralized and trusted data records
SOME FEATURES OF LEXIT
1: Lexit Token: Lexit makes use of the LXT token which powers and services the operations on the platform. The LXT token helps to eliminate the price fluctuations that may arise if other cryptocurrencies were used for the platform. Charges and compensation for the different buyers' and sellers' activities on the platform is done with the LXT token.
2: Lexit Marketplace: This is a marketplace which provides sellers the opportunity to advertise any asset billed for auctioning purposes. By making such selling environment available, buyers can have easy access to these assets billed for sale thereby eliminating the hard moments involved in searching of reliable and credible asset for acquisition.
3: Deal Room: It uses the concept of a secured virtual deal rooms to execute or carry out negotiations, finalize transactions and make some necessary agreements. Data and files about details of transactions is highly secured and protected from external influence on the virtual deal room platform.
TOKEN AND ICO DETAILS
Token Symbol : LXT
Price :1 LXT = 0.00083 ETH
Platform : Ethereum
Minimum investment : 0.01 ETH
Softcap : 2,000 ETH
Hardcap : 30,000 ETH
ICO Dates: June 19th 2018 To September 30th 2018
Country: Estonia
Restricted Countries: United States
Total Tokens: 160,000,000
Initial Token Price: $0.4150
Funds in Escrow?: No
Accepted Currencies: ETH
ROADMAP
2017
MVP
Angel Round
Community Build
Collecting Listings / Subscriptions
Userbase Growth / Submissions
Genaral Partners Sign ups
Feature Set
Implementation
Marketing and PR
2018
Q1-Q2
High Security KYC ID Verification
MPAI Development (Market Predictive Ai)
3rd Party Audit Services & Legal Services
Customer Support and Marketing
Cryplo Payments Implementation
Legal Services via Blockchain
LEXITs Crypto Escrow Service
LEXITs Premiurn Mode
Building Assessor Network
Fraud Protection Department
Development of Strong R&D Structure
Partner Program Expansion
Europe, Russia, USA
2018
Q3-Q4
MPAi Development for LEXIT Users
Third Party API Development
Integration Of SAAS Feature
Integration Of Licensing Feature
Expanding Assessor Network
Expanding Fraud Protection Department
Establishing Sirong R&D Department
Partner Program Expansion
Asia, Australia,South America
2019
MPAi Development for 3rd Party
LEXITs Blockchain Development
LEXIT Crypto Equity Exchange
Development Of R&D Projects
Crypto Equity Exchange
Partner Program Expansion
Afrika
For more information about this project you can visit the links below:
Website: https://www.lexit.co
Whitepaper: https://www.lexit.co/resources/whitepaper
Telegram Group: https://t.me/LEXITco/
Twitter: https://twitter.com/LEXITco
Facebook: https://www.facebook.com/LEXITco/
ANN: https://bitcointalk.org/index.php?topic=2494585.0
Writer's Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2015045