LEXIT REVIEW

in #ico6 years ago

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Today, a technology startup is extremely difficult to buy. To do this, you need to spend money on various appraisers that you need to find before. While, if in the US and European countries this practice is common, then, for example, in Russia these are isolated cases. This process is called mergers and acquisitions and special companies are involved in it. And what if there was a site on which you could buy a company without unnecessary red tape and emotions? Today, Blockchain technology allows to realize such a representation. Our review today is dedicated to the ICO project of Lexit on the creation of a marketplace of startups, changing the industry of sale and purchase of companies, and bringing it to a new level of development. Apparently, the moment when we can buy entire companies without special preparation is just around the corner.

Problem
M & A is the industry of mergers and acquisitions. This happens in different situations. Most often, M & A serves a strategy of survival and development. In this case, the acquisition process is that a small company that has any technology, but no resources for its promotion, is adjacent to a large company. Which is also advantageous, because in this way a large company gets a ready system and a team.
Another situation is that there are serial entrepreneurs specializing in the cultivation of start-ups with the aim of selling them to large corporations.
However, these days M & A is a very difficult and confusing process. For these services, intermediaries take an incredible interest. Up to the point that the company passes into the ownership of valuation companies. M & A contains many legal subtleties and pitfalls. Often the human factor plays a decisive role in the valuation process, because the valuation technology is very outdated. Naturally, for companies that merge the whole process is stressful. Not so much because of high costs, but because of the opacity.
There is also another important issue. 10 out of 100 successfully start-up startups do not live up to 5 years. The reasons are different, but the main thing is that progress does not stand still and for 5 years the technology is getting outdated, and new ones do not have time to be developed by these companies. And they come into crisis. The chance of survival for them would be absorption by a large company. Large companies are also looking for small companies in a crisis to absorb them for obtaining accumulated resources at a bargain price. But even if companies find each other, the very process of absorption can scare off. Sometimes the price of the absorption process is higher. The cost of the startup itself.
Today, on the imperfection of M & A, middlemen earn incredible fortunes. These are brokers, investment consultants, bankers, financial lawyers, and others. Blockchain is able to change this situation, to save the M & A process from unnecessary human factor and costs. And the process itself is several times faster and cheaper. Technological progress will gain new acceleration.

Decision

The LEXIT project creates a marketplace on Blockchain for mergers and acquisitions of companies.

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LEXIT has advantages over established systems providing M & A services:
Marketplace M & A. The approach itself becomes different. Now you do not need to look for startups for connections and various sources - all offers will be concentrated in one place.
Examination order system. Experts help to evaluate companies and properly execute transactions;
For users of LEXIT there is a convenient personal office in which you can conduct transactions. Transactions are provided by Blockchain technology. As a result, minimal transaction costs and transparency;
Community, consisting of representatives of all countries of the world;
The LEXIT platform is transparent. With it, it is possible to track the history and activity of start-ups on the platform;
Token LXT serves to stimulate the holders and motivates the participants to develop the system.

It is also worth noting that the price of LEXIT services is 75% lower than that of existing systems, and the speed of buying companies is 3 times faster than before.
LEXIT helps start-ups evaluate themselves in terms of money. This gives them more confidence and awareness. This also facilitates communication with investors. Because the figures can and should be repelled.
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The mission of LEXIT is to become the market leader. And that M & A is available not only to technology companies, but also to any small enterprise.

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Command

The LEXIT project was born from the experience of serial entrepreneurs who are the founders. Behind them, not one successfully sold start-up. They know what they are passionate about.
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ICO

Token: LXT
Smart contract standard: Ethereum ERC-20
ICO start: June 19, 2018
End of ICO: September 30, 2018
Soft cap: 2,000 ETH
Hard cap: 30,000 ETH
Price: 1 LXT = 0.00083 ETH
Currency for investments: ETH
Minimum exchange : 0.01 ETH

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conclusions

LEXIT has already collected the software cap. An interesting idea, a strong team. A worthwhile project for those who are looking for liquid assets. We will observe with attention.

Website: https://www.lexit.co
Whitepaper: https://www.lexit.co/resources/whitepaper
Facebook: https://www.facebook.com/LEXITco
Twitter: https://twitter.com/LEXITco
Reddit: https://www.reddit.com/r/LEXITofficial
Linkedin: https://www.linkedin.com/company/lexit-inc .
Youtube: https://www.lexit.co/youtube
Telegram: https://t.me/LEXITco
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2494585.0
Bitcointalk Bounty: https: // bitcointalk .org / index.php? topic = 4496286.0
#LEXIT #LEXITco
My Bitcointalk Username: chukwukahonour
My bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2117174

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