LEXIT - INTEGRATING BLOCKCHAIN INTO M&A INDUSTRY

bfayez (32)in #trending • 6 years ago (edited)

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INTRODUCTION.

Irrespective of the size of any Mergers and Acquisitions (M&A company, development and growth is a sure factor which is the foresight of every company. Through the purchasing of other firms, a company can be able to undertake serious research, IP, human capital as well as other assets more easily than if done without the aid of other firms.
Though there are enormous benefits gained by companies involved in M&A such as research operations, human capital and many more assets, it is also a risky venture.
It is palpable that anytime business fails, a lot of capital, technological and other resources gets wasted. As such, it has been very difficult for sellers to get buyers who will bear the burden of a failing business. Consequently, most times, buyers don’t have a steady source of income besides the inner circle.
Besides, if peradventure buyers and sellers get to discover each other, the procedure is just unnecessarily complicated, as it involves several legal practitioners, financial institutions, financial experts and valuers, and of course, this adds to the cost of the transaction. This factor makes the processes of Mergers and Acquisitions intricate as it lacks the right buyers and expertise.

HOW LEXIT PLATFORM COMES IN

LEXIT platform is a blockchain dependent platform that seeks to introduce modern methods into the business marketplace to ease the processes of M&A. By resolving the prices associated with M&A in the time past, LEXIT allows M&A transactions to be completed more swiftly, and at a reduced cost.
Business owners are enabled to realize the real worth of their assets in a vaster and very volatile marketplace, even when they have no risk to fear. LEXIT makes the transactions to be very easy to access, just like landed properties by setting up a very efficient market for joint assets.
LEXIT seeks to remove the complications from contemporary Mergers and Acquisitions and make the process very smooth and profitable by changing the manners in which the transactions are carried out. The greater liquidity and improved efficiency of the market will foster innovation and aid growth, and at the same time lower cost and risk for every party involved.

IMPORTANCE OF BLOCKCHAIN TECHNOLOGY IN LEXIT PLATFORM

Owing to the nature of LEXIT, trust, transparency and reliability is of great importance. LEXIT brings people from all over the world together to participate in high-value transactions which must be done in a way so as to not lose trust, as trust is an expensive commodity. Furthermore, owing to the fact humans find it extremely difficult trusting each other, the use of blockchain technology comes in handy and becomes very paramount.
The use of blockchain technology and smart contracts will ensure the following are recorded with the absence of manipulations;
a. Valuations,
b. Biddings,
c. Transaction volumes.
The result of these is, LEXIT will ensure optimum security of its platform, while transparency is enhanced.
Trust is established between parties, this is as a result of smart contracts self-executing commands automatically, which in the long run will make it possible for users around the globe to carry out any type of transactions with peace of mind.

FEATURES OF LEXIT PLATFORM

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The Marketplace: One of the key components of the LEXIT ecosystem is the custom Marketplace. LEXIT plans a worldwide marketplace for Mergers and Acquisitions where all sort of sellers can come and list their company and Internet Protocol (IP) to find matching buyers.
Joining LEXIT costs nothing, only that companies listing have to pay a token as charges for listing on the platform. Thereafter, buyers willing to acquire can go through the listings or search for ones they care for by categories, say companies or the location. This particular feature cancels the need to search the globe and manually finding potential counterparties.
The buyer bids for the particular listed item and the sellers decide whether or not to accept such a bid. Buyers could as well inquire about the bids before buying finally. All through this stage, the buyers and sellers are at liberty to get help from the LEXIT platform professionals. They can enjoy artificial intelligence that analyses patterns in IP to offer automated details pertaining to a listing's hidden values.
The Deal Rooms: LEXIT platform's virtualized Deal Rooms are safe locations where confidential agreements are consummated, terms are bargained and transactions are concluded. As Deal Rooms will contain sensitive documents that bear confidential trade information, adequate security measures need to be ensured to avoid cases of data theft.
LEXIT Deal Rooms are stiffly controlled and can only be accessible by authorized purchasers, sellers and appointed professionals. LEXIT seeks to allow for a fairground by providing every user with equal guidance and help.

PARTICIPANTS OF LEXIT PLATFORM

Sellers and Buyers: These comprises of Individuals with assets such as a company or IP, wishing to list it on LEXIT platform.
The Seller is responsible for;
a. Providing enough information as to back up his/her listing.
b. Interacting with the buyer as well as assessors, so as to help quicken the valuation process.
The buyer, on the other hand, is companies or investors who wish to buy these assets, companies etc. Additional information is sent through LEXIT platform from the seller for legitimate purposes.
Assessors: These are Individuals duly selected to offer observations or advice on listings and transactions taking place between sellers and buyers within the Marketplace or Deal Room.

LEXIT TOKENS

The official token to be used for every transaction on the LEXIT platform is LXT, a blockchain based ERC20 standard type token whose Initial Coin Offering started in June 2018 and will end by July 2018. The total tokens for sale are 80,000,000. LXT has a maximum supply of 160,000,000 and is also used for compensating assessors for work done on the platform.

CONCLUSION

LEXIT is a platform that offers a centralized marketplace for companies to trade in Mergers and Acquisitions by selling and buying IP, copyrights, codes or sell the whole business. The platform eases Mergers and Acquisitions by using blockchain approach thereby removing intermediaries and simplifying matchmaking procedures.

THE LEXIT TEAM