Mergers and acquisitions, both large firms and small have the opportunity to increase their growth by creating and making available certain organizations. They acquire another company way gives them effective access to certain research and other data quicker than what they could get as an individual company.
At the moment, the M&A system is failing and already no longer in check with what the latest happening as there are no effective way for sellers to locate buyers who can carry out certain operation in such direction needed by the organization same is the reverse.
They usually find each other through the help of investment banks, corporate lawyers, financial advisors and all of them as an intermediary- a middle man which comes at a high price to be paid.
There are lots of impediment to the M&A market, such as the following
Difficult Pricing:
This is considered to be one of the most taxing part of the M&A market, having to negotiate thoroughly, the buyer wants to be sure they are not paying above what they should while, sellers also wants to keep the price up as higher as possible. At the end of the day challenges arrives which could involve the transaction having an unrealistic expectations that will cripple the deal
Unavailability Of Experts and Opposite parties:
Just as its said, in the world at present in the M&A market, lack of proper connection is no new problem which brings about disadvantage to a side of the transaction.
High Cost Of Transactions:
To me i think this is a general issue everywhere in every system with each side always charging to get a transaction done, it is really a thing that needs attention fast cause most times these so called transaction fees often take out on the long made of a transaction.
Just few that can be mentioned of, lets briefly take a look at a project that aims to solving an making the M&A market place a better and improved system using the Blockchain Technology. It is the #Lexit Project.
The Lexit Ecosystem
With all said above, the need for a solution is mainly the priority now which is ringing in everyone's ear.
With the way the M&A market place is looking, LEXIT has been able to bring down the barriers by solving the issues affecting the M&A Market place in such a way that individuals and traditional participants can now access and get value from the M&A transactions.
LEXIT will be launching the first global M&A marketplace with increased accessibility which enables the acceptance of sellers of all kind to create auctions for their firm. Based on the looks of things #LEXIT is free to access, just a little listing fee required.
How the Blockchain Will Help Out
Total strangers will appear on the platform to deal with transaction and the need for trust is called into place as you can't trust a stranger, so the need to get rid of the trust issue is called into place in the event of transactions taking place, This can only be done with the Help of Blockchain which makes "trustless" transactions possible.
Below is a view of the #LEXIT Platform Technology Stack
The #LEXIT system uses a web based platform that acts as a front end of the platform. Adopting the use of neutral web technologies such as database, webservers web development.....
This can't continue this way, something needs to be done fast to improve this system and that is where
#Lexit comes in, i call it "The Blockchain Powered Business Market Place For Everyone"
Who Are The Participants.
Sellers: As shown in the image above, they are the ones with assets on listing on the #LEXIT platform. assets can appear in any form.
Buyers: These are firms or individuals that want to buy the assets available on the #LEXIT platform
Assessors: The are the so called experts on the #LEXIT platform who provide personal observations / views on the transaction between the seller and the buyer.
LEXIT Token: In the aim to ensure an alignment in the ecosystem lexit will be launching a single native currency token that will be used on the lexit platform.
The LXT token will be used on the lexit platforms to carry out services, with the help of smart contracts the worry for trust is gotten rid of and using a native token no such thing as price fluctuation as there would be no need to use other cryptocurrency.
Roadmap to the top
LEXIT main objective is to become the Blockchain powered standard industry marketplace for mergers and acquisition.
LEXIT Global Partners
#LEXIT are in partnership with
- International accelerators
- Incubators
- Startup hubs
- Industry associations
- Venture capitalists and
- M&A firms.
External Partners are
SelfKey: https://selfkey.org/
Chainium: https://chainium.io/
Metaverse: https://mvs.org/
Polymath: https://polymath.network/
Veriff: https://veriff.me/
Startup Bootcamp :https://www.startupbootcamp.org/
THE TEAM
ADVISORS
Contact Details
SINGAPORE
LEXIT Pte Ltd 150
Beach Road #35-28
Gateway West
Singapore, 189720
Company Number: 20173617R
ESTONIA
LEXIT Technologies OÜ
Jõe 4A, 10151 Tallinn
Estonia
Registry Code: 14401889
[email protected]
For more info, the below links should help
Facebook: https://www.facebook.com/LEXITco/
Twitter: https://twitter.com/LEXITco
Telegram: https://t.me/LEXITco/
Reddit: https://www.reddit.com/r/LEXITofficial/
Linkedin: https://www.linkedin.com/company/lexit-inc./
Whitepaper(ENG): https://uploads-ssl.webflow.com/59f21153ffa06300013c0c6d/5b3e5e84aa9722a12cd6e3df_07-05LEXIT_White_Paper.pdf
Whitepaper(中文): https://daks2k3a4ib2z.cloudfront.net/59f21153ffa06300013c0c6d/5a62005784cc4f0001c7a06b_Lexit%20White%20Paper%20(Chinese)%202%20(1).pdf
Author: Toladnoah
Twitter: https://mobile.twitter.com/crypticalnoah
Bitcointalk: https//bitcointalk.org/index.php?action=profile;u=1329818;sa=summary
Telegram: @Tolad
Congratulations @toladnoah! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.
Congratulations @toladnoah! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.