Today, to buy a startup you have to sign a lot of papers and sign a lot of agreements. This is done by specialized companies that take a lot of money for their services. And imagine a website that allows you to buy a real organization in just a few clicks. Blockchain would not be a Blockchain if it did not give an opportunity to realize this vision. Today we will talk about the ICO of Lexit startup, which is changing the industry of mergers and acquisitions, creating a marketplace of startups. It seems that soon everyone will be able to buy the company, and even a beginner will cope with the registration of the transaction.
Problem
The abbreviation M & A means the process of mergers and acquisitions. They do it for strategic purposes. Large companies thus buy technology and human resources, and for small companies it is an opportunity to join the giant and start a new round of development.
But today M & A is a very complex process, it has a lot of legal nuances and inconsistencies, and the technology of mergers and acquisitions is outdated. For the organizations themselves, the process is stressful.
According to the statistics of the us administration, more than half of startups go bankrupt in less than five years after the creation, and lose their technological and human resources. The solution for many of them would be a timely takeover by another company. Large companies, knowing this, are also interested in such acquisitions, as new human, intellectual and other material and intangible resources are absorbed with the startup. But large companies and startups, first, cannot effectively find each other. Secondly, the process of mergers and acquisitions is so complex and expensive that it is the most common reason for making a negative decision about the acquisition.
Today, intermediaries earn large capital on M&A. Among them, investment appraisers, bankers, corporate lawyers, financial consultants, etc.Blockchain can redirect the labor resource of all these people in a different direction. To say otherwise, take away their current work. This will result in the fact that the survival of startups will increase because it will be easier to catch up with large companies. This means that technological progress will accelerate.
Decision
The LEXIT platform is an M&A marketplace on the Blockchain.
The benefits of infrastructure LEXIT:
1. Marketplace for interaction between buyers and sellers of startups;
2. The market of experts ' services, helping in the evaluation of companies. They have passed a rigorous selection;
3. Personal account transactions and transactions in Blockchain technology and smartcontract;
4. The international community;
5. A function of the transparency of transactions and access to M&A history startups;
6. Tokenization businesses to stimulate ecosystem participants and holders of the tokens.
If we talk about the price of services LEXIT, they are 75% cheaper, and just as faster than similar services of competitors.
LEXIT is a great opportunity for startups to evaluate their real value in the startup market. This increases their value in the eyes of future investors, on the one hand. And it allows you to interact more profitably with investors, with another.
LEXIT has a mission. It is to ensure that the processes of mergers and acquisitions are no longer complex and inaccessible. So that they become fast and spread not only to technological entrepreneurship, but also to cover all small businesses. This will stimulate more people to innovate and do business, making progress faster and life more interesting.
Project team
The team LEXIT employs serial entrepreneurs of world level, behind which not one successful project. The idea of the project was formed from their personal experience, when they had to sell the newly-made technology companies to large corporations. Gained in the course of this experience, expertise in the M&a market has helped them see the shortcomings of this industry and see the place for innovation through Blockchain technology. These people are United by the thirst for revolution in the M&A market.
ICO
LXT token is used to exchange values at the site. For example, they can be used to buy independent services for the evaluation and selection of companies from experts who have passed through a complex selection.
- The name of the token: LXT
- Smartcontract: Ethereum ERC-20
- ICO start: June 19, 2018
- End of ICO: 30 September 2018
- Soft cap: 2,000 ETH
- Hard cap: 30,000 ETH
- Price: 1 LXT = 0.00083 ETH
- Accepted currencies: ETH
- Minimum investment: 0.01 ETH
The distribution of tokens is as follows:
Summary
The idea of LEXIT is based on the rich practical experience of the founders – it is an absolute plus. Soft cap project has already passed. Before the HardCap is still quite a bit. Currently, there is a 25% discount. An interesting project to consider as an asset.
Official sources of the LEXIT project:
WEBSITE: https://www.lexit.co
TELEGRAM: https://t.me/LEXITco
WHITEPAPER: https://www.lexit.co/resources/whitepaper
ANN THREAD: https://bitcointalk.org/index.php?topic=2494585.0
FACEBOOK: https://www.facebook.com/LEXITco/
TWITTER: https://twitter.com/LEXITco
LINKEDIN: https://www.linkedin.com/company/7958015/
REDDIT: https://www.reddit.com/r/LEXITofficial/
YOUTUBE: https://www.youtube.com/channel/UCCA0caYKUsy8hUCQ-Djy87w/featured
AUTHORSHIP:
MY BITCOINTALK USERNAME: klimenok1991
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1238493
UNIQUENESS 100%: https://text.ru/antiplagiat/5b53976190235
Hey @sergeyklimenok this idea is really superb. If this company will make it happen then I am very sure that many giants companies will use their platform to execute merger process. Recently in India merger of Vodafone and Idea celular announced and it will take almost a year time to finish all the formalities. This kind of advanced mechanism can make it more easier ans fast to save time and cost as well. Overall I can blockchain is future technology which will advance the waybwe work currently. You have shared a fantastic knowledge over here. Good work.
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Nice write up.. This is a lovely piece
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Very interesting article. Everything is clear and understandable
A very detailed and informative review of the LEXIT ICO, is also interested in how things are with the collection of funds? Soft cap is assembled - it's good.
We are commencing our work for you and your post.
Interesting project
The project has a strong team and huge potential. Awaiting listing on the stock exchange
Interesting solution to the problem. I should have thought of that
Interesting platform. We need to deal with the registration of contracts
As I understand it, softcap has already been assembled-very cool in this market