LEXIT; TRANSFORMING THE MERGERS & ACQUISITIONS SYSTEM

in #merger6 years ago (edited)

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PUBLIC SCOPE
A system in which smaller companies joins themselves with much bigger ones or get purchased by bigger enterprises i.e Mergers and Acquisition system is very important to foster the continuation of many businesses today. This is due to the fact that some companies are not able to efficiently run the operations of their businesses, due to insufficient funds, lack of skilled workers and the lesser advantage they have against their competitors. So combining will bring good tides to the companies as they will enjoy sufficient funding, direct access to important assets and a leverage against all their competitors. However, as beautiful as this approach is, it is being severed with many issues that it faces, like the overall management of the employees, high maintenance cost after the merging deal had been completed and governance issue among the two merged enterprise. Therefore, seeing a need to eliminate this challenges, LEXIT was created.

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PROJECT OVERVIEW
This system brings ease to the M&A sector as it presents all the transactions done in this unit with sufficient liquidity as well as absolute efficiencies in all their operations. This setup seeks to create a meeting point for both sellers and buyers for the purpose of making needed assets available for their use. Considering the fact that deals will be done in the system, this setup also plans to make a form of digital deal apartment available, for transactions to be easily completed. More to this, token benefits will drive the passion and active involvement of members to achieve the set goal of this network which is to create a perfect M&A ecosystem.

LEXIT BENEFITS
Entrepreneurs in this system will be able to perform all manner of trading, be it startups, copyright or even IP trading. There will be an appropriate matching of business through the effective adoption of the grand blockchain and a beneficial tokenised medium. Furthermore, the web service will adopt the applications of some very intelligent technologies like the database, webserver and web development framework in its web service, that will be displayed at the front of its online setup. It will allow the buyers in the system to search through and present their biddings which will be managed by the sellers as they make a full listings of the offers they get so as to accept or decline the advances. Asides providing users with accessible information, this project will be able to handle security threats for users and will provide a perfectly secured community.
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Token information
The token which is uniquely designed to handle monetary transaction of the platform is the LXT token. This token however, will enable the conduction of inter jurisdictional monetary transactions, fosters escrow payments and for instant settlements of payments.

ICO INFORMATION
LEXIT Token Details
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
Restricted areas: USA, China, Singapore

CONCLUSION
This project will be able to handle the expected large transaction that is envisaged to storm it. Most interestingly, the LXT token would serve as a balance against the volatile cryptocurrency that would be used in the community, and as a reward system for people who would rate the system.

Useful Links
Website: https://www.lexit.co/
Whitepaper: https://www.lexit.co/resources/whitepaper
ANN Thread: https://bitcointalk.org/index.php?topic=2494585.60
Twitter: https://twitter.com/LEXITco
Facebook: https://www.facebook.com/LEXITco/
Telegram: https://t.me/LEXITco/
LinkedIn: https://www.linkedin.com/company/lexit-inc./

Author: Fumzy
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1819776

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