LEXIT : THE PERFECT BUSINESS MARKETPLACE

Ronak Surana
3 min readAug 4, 2018

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I have been busy doing research about potential ICO’s lately. So i thought why not write an article and let people know about one of the best projects of 2018? : “LEXIT”

LEXIT is a marketplace that connects buyers and sellers together giving them global access to opportunities and assets. No matter whether its just a start up or billion dollar corporation, anyone can benefit from LEXIT by participating in M&A transactions. It is revolutionizing and creating a new frontier for M&A transactions. From small assets to whole company, everything can be sold on LEXIT platform. It provides entrepreneurs with the ability to trade copyrights, concepts, ideas, code, IP and technology from discontinued projects into new and successful contexts. LEXIT platform is based on blockchain technology that is enabled with smart contracts, therefore bids, transactions and valuations are recorded on it which provides security against transactions which are not based on trust. Also, KYC is necessary in order to get whitelisted on LEXIT platform. This ensures security and prevents the marketplace from being used for money laundering, thefts and scams. LEXIT is planning on launching its platform by the end of this year.

Some of the key advantages of LEXIT over other Mergers and Acquisitions platforms are :

  1. Transaction costs: LEXIT platform helps save money that would otherwise be spent on lawyers, advisers, expects and accountants.
  2. Avoids valuations dispute between buyers and sellers : Sometimes pricing can be difficult as sellers want to ensure that they are not getting under paid whereas buyers want to be sure that they are not over paying for it. LEXIT provides proper guidance and ensures that the price is fair for both sides, therefore valuations are carried out smoothly.
  3. Counterparties are hard to find : Without proper connections and communication, its hard to find right buyers/sellers. LEXIT aims at providing access to global assets and opportunity. Therefore, widening the scope of business for small as well as large corporations.
  4. LEXIT offers more liquidity and transparency to the M&A transactions.
  5. LEXIT also has anti-fraud detection team, in order to ensure fair and secure transactions.

THE LEXIT TOKEN (LXT) :

LEXIT has launched its native cryptocurrency token which will be used on its platform. The token is denoted as ‘LXT’. LXT is an erc-20 token based on Ethereum platform. Soon LXT token will be listed on trading platforms and exchanges as other coins/tokens once its airdrop(bounty) program and public token sale comes to an end. LXT will be used to pay listing fees, transaction fees and access premium features of platforms such as to increase the visibility of a sellers listing and to access executive room. Listing of LXT is essential because the platform is highly dependent on network features like listing, ratings and revenue sharing among participants, etc. LXT will surely go to moon !!!

PERSONAL VIEWS :

I have been following this project from its start and had also participated in LXT airdrop. Everything is pretty smooth and so far LEXIT has been following its roadmap accurately. Looking at official website of LEXIT, its whitepaper, its team, telegram group and its bounty program on bitcointalk.org it is pretty clear that the project is being handled by professionals and experienced people. LEXIT is already open for submissions. If you are looking to sell your assets or exit entire startup LEXIT is the place. You can pre-list your IP, tech or entire company anonymously on LEXIT website by filing your submission and benefit from high-quality exposure and great exit deals as soon as the platform is launched. Currently LEXIT is in the middle of public sale and is offering 25% discount on its LXT tokens. If you are looking to invest in this awesome project, grab some tokens at www.lexit.co for discounted price.

Let me know in response section below your views on this project and your price prediction for LXT token after its listed on trading platforms and exchanges !

Do check this project out on their official site https://www.lexit.co

#LEXITco

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