LEXIT - ICO Review

in #ico6 years ago

LEXIT ?

LEXIT is the first marketplace for IP and entire companies LEXIT allows entrepreneurs to trade intellectual property, copyrights and technology from discontinued projects, and even sell whole startups. Blockchain-based tokenization models and the disintermediation of appraisement and matchmaking services allow LEXIT to make Mergers & Acquisitions as easy as selling a car or real-estate.

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SERVICE PROVIDERS:All projects listed on LEXIT are verified, analyzed, and assessed by a distributed network of independent appraisers and industry-specific specialists. LEXIT’s service providers are screened, high-quality contractors, subjected to a rating and reputation system, generated through buyer input.
GLOBAL PARTNERS AND MATCHMAKERS: To cut the best deals in the industry, LEXIT maintains a global partner program of highly connected players in the Tech Ecosystem. LEXIT’s partners are incentivized to reach out to their large business networks and connect thousands of buyers and sellers.

Mergers and acquisitions allow ventures that are fledging or struggling to find support while giving established companies the opportunity to attain the tangible or intangible assets that enable them to reach greater heights. It is often easier to obtain a license, patent, or source code from outside of the company than to utilize valuable hours and funds to perform research and development from within. The acquisition of a local company, specialized start-up, or innovative technology can help an established company enter new markets more quickly than if that company attempted to expand organically.

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LEXIT is launching the first global M&A marketplace. Our Marketplace will increase accessibility to global M&A opportunities by allowing sellers of any kind to create auction listings for their companies and IP. LEXIT is free to join, but there is a small listing fee for each auction. Then, acquirers of any size can browse these auctions— eliminating the need to scour the globe and exploit personal contacts for promising counterparties. Once sellers post their listings, buyers can either browse through all the sell offers or search for offers with specific attributes, like industry or location. After receiving bids, the seller makes the final decision regarding which bid to accept. Buyers can also communicate with sellers before bidding in order to get more information about the listing.

Project Team:

LEXIT consists of a well-versed team of veteran entrepreneurs with specific experience in bringing startups to exit. The LEXIT vision was originally conceived when LEXIT co-founders actively searched for opportunities to exit their previous projects. Their efforts eventually bore fruit, but the team remained with the understanding that in the age of network communication and blockchain technology, the M&A industry can and should be revolutionized.

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Token Details:

LEXIT is launching a native currency token to be used on the LEXIT platform. Since our ecosystem is heavily dependent on network features such as listings, ratings, and revenue-sharing among participants, the introduction of an internal currency is essential. The LXT token powers the LEXIT platform and its services. Escrow payments, rapid settlements, and cross-jurisdictional transactions between non-acquainted parties use smart contract technology to ensure a secure, trustless environment that can support the high transaction volumes anticipated. By providing LEXIT participants with a native token, we help to mitigate the price fluctuations that would occur if other cryptocurrencies were used. Buyers, sellers, and assessors will be charged or compensated in LXT for their respective actions on the platform.

Token LXT
Price 1 LXT = 0.00083 ETH
Platform Ethereum
Accepting ETH
Minimum investment 0.01 ETH
Soft cap 2,000 ETH
Hard cap 30,000 ETH
Country Estonia
Whitelist/KYC KYC & Whitelist
Restricted areas USA, China, Singapore

Verdict:

On LEXIT’s marketplace, buyers and sellers meet directly en masse allowing market forces and network dynamics to render corporate assets such as patents, trademarks, technology, specialized departments and entire companies into highly liquid assets that can be traded at ease, rented and licensed. We are convinced and able to demonstrate that this increased liquidity and market-efficiency will prove itself highly beneficial in terms of promoting innovation and supporting growth while reducing overhead costs and risk.

Important links:

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
Bounty: https://sale.lexit.co/bounty
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Author:
ETH: 0x4D5109CA8272a7e971F25AB350377C27438f92F6
BTT: https://bitcointalk.org/index.php?action=profile;u=2251246

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