LEXIT ICO REVIEW

in #cryptocurrency6 years ago (edited)

Hello Guys Today i'm really very glad that i'm going to introduce about which is a solid and stable position in worldwide that helps you solving the problem of Merger and Acquisition industry through blockchain technology it's name LEXIT. It is a platform which helps various startups with the ability to birth and sell exit deals by mainly using the tokenization models of blockchain with a large network of appraiser. It helps to execute ideas making sure that such idea doesn’t go unimplemented. Lexit provide room for everyone to thrive include solution providers, sellers, appraisers, and buyers.
As a blockchain platform, Lexit will be empower entrepreneurs the technical-know-how into developing their ideas, concepts using technology to bring old projects into new one ensure their success. It will make sure the processes of merger and acquisition is smooth by using the Lexit token called the LXT; with LXT no doubt fairness, quality, and transparency are guarantee.
37349372_2333508693333665_4567845169818238976_n.jpg

There are various Advantage of Lexit

  1. Presence of Native System: This is strength of Lexit allows the easy asses to the development of a company ecosystem which will enable easy accessibility of the platform. Lexit make sure everyone is well rewarded with incentives such as the bonuses for being loyal; this is done to boosting the morale level of each participant within the ecosystem.

  2. It Has Access to Marketplace: Creating an ecosystem of marketplace where each user will able to offer various company startups for auction or sale. It’s done by using a system of mechanism that enables prospective buyers the sole privilege to look through their interest and taste and form their investment decision.

  3. Presence of Service Providers: Strength of Lexit platform was the service providers are basically of good screening system and quality contractors. They will test in a reputation and rating system that is majorly generated by the input of the buyers. Also, they will analyze, verify and thoroughly check the specialist appraisers in the industry to avoid dishonest activities on the platform.

  4. Presence of assessors: This strength help the assesors of the Deal Room and marketplace phases. The sellers and buyers can have access to a highly experts who will provide a view or personal observation with the listings and transactions. The ecosystem has a set of experts called Assessors. They are both independent experts industry with advisory firms that can bring together the ecosystem of Lexit group of assessors. The Assessors will be approved and vetted to partake on the LEXIT platform.

  5. Buyers and sellers Marketplace: The sellers are of those with high assets that are listed the platform. They can be informed of assets or the assets might take will be form of a IP or company which the owners wish to sell off. For instance, sellers will include the company need be in their portfolio. It’s the seller duties to give an accurately information on how to satisfy the requirements. The Sellers will also be expected to duly interact with their assessors and buyers and also to facilitate the valuation process.

  6. The Detection of Fraud Team: Strength of Lexit platform is the ability to detect fraud events on the platform and has the protecting user. LEXIT employ the service of an anti-fraud detection team (AFD) to observe the various activities on the platform. AFD team may give their public opinions about business transactions. The duty will filter for fraudulent transactions before they can be listed on the ecosystem. However, any suspected listings of fraudulent related activity will be reported and flagged to required authorities. The AFD serves as a guardian for any fraud activity for the ecosystem, every AFD team members will be also be LEXIT staff and will ensure the passes through the tough processes before being accepted.

  7. Outside Service Providers: The Lexit platform will be make a network outside the service providers in other to assist sellers and buyers and with the advisory, legal, accounting, evaluation services.The means of reach will be provided to these service provide through the use of Web based online links. But any of these services offered will be accepted as a contract in a well signed and formalized totally outside the Lexit platform. The service providers will be permitted the means for the assessors and also submit their own personal views of the outside service providers.

  8. Great Global Partners: The global partners are very amazing. In other to generating a consistent deal flow on the platform they created their Global partner program in other to generate and to ensure that various industries, firms or organization will be included in platform. The partners will drive in more growth for the development of the platform, this will enables the platform offer more services to user.

  9. Presence External Partners: Finally, their external partner has brought different external individual or groups that we can ever imagine. This will boosting the platform’s ability and use it to the advantage of the platform so as to develop in a fast pace. The external partners will develop the ecosystem and will offer continued support to both group partners and individuals.

How LEXIT Mergers & Acquisitions Blockchain Marketplace Works

The Lexit platform will work as a normal market place where it will serve as an escrow whereby different buyers and sellers will have the means to communicate and reach out to themselves in a more safe and relaxed environment which Lexit will provide.
It major consist of the user interface navigation app where the buyer or seller register and look for the person needing or willing to buy or sell their Merger and Acquisition exchange on the platform. The logic of this was that, Lexit platform will serve as escrow to both parties.

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. If the parties aren’t guided, there’s a high probability of the deal being inconclusive—as both parties would project very unimaginable expectations.

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 or discover it.

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 quack.
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 in their sphere of contact.

Token info:
LXT Token is a utility token which will be used on the platform. Lexit tokens will be used for services payment on the platform such as paying the fee for listing, Hire expert service. This is one of the key elements that liven up the platform, by using blockchain makes it more efficient and transparent.

Token Name: LXT
Platform: Ethereum
Token Price: 1 LXT = 0.00083 ETH
Accepting: ETH
Soft Cap: 2,000 ETH
Hard cap: 30,000 ETH
Minimum Investment: 0.01 ETH
Country: Estonia

This is very fist number of growing project & this project has got a very number of ratings from various top ICO monitoring sites. ICOBench has given them a staggering 4.3 ratings . They are getting the big institutions attention and they are hopeful about convincing big corporations and investors to back them.
PARTNERSIMG_20180726_145445.jpg
The idea and technology behind the LEXIT is outstanding. LEXIT team project managers and engineers are highly reputed as we notice they are dealing a huge set of launches where they are integrated into a secure communication system. The team is with a solid background who are experts on this special matter. They look like they know what they are trying to do on the blockchain. After studying all the major concepts from their whitepaper I have a high of seeing LEXIT succeed as it truly has the potential to rock the market and also investing into this project won't be much challenging for major investors.

For more information you can visit LEXIT's official site and read their whitepaper. The links can be found 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 Thread: https://bitcointalk.org/index.php?topic=2494585.0

Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767745
username: arsenalx420

#LEXIT

Sort:  

Upvoted.

DISCLAIMER: Your post is upvoted based on curation algorithm configured to find good articles e.g. stories, arts, photography, health, etc. This is to reward you (authors) for sharing good content using the Steem platform especially newbies.
If you're a dolphin or whales, and wish not to be included in future selection, please let me know so I can exclude your account. And if you find the upvoted post is inappropriate, FLAG if you must. This will help a better selection of post.

Keep steeming good content.
@Yehey

Posted using https://Steeming.com condenser site.

GReat project lexit and have strong team!