INTRODUCTION
The market as we all know has existed long before our generation. There has been changes upon changes in order to better the market and it’s transaction sector. In most part of the world technology had gradually crept in to make the market a lot easier for buyers and traders alike. Technology which is the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment. One of such technologies to grace our time is lexit.
LEXIT
Lexit is a Blockchain technology that enables merging and acquisition transaction to close more quickly at a reduced cost. Merging and Acquisition (M&A) is a general term that refers to the consolidation of companies or assets through various types of financial transactions. M&A can include a number of different transactions, such as mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions. In all cases, two companies are involved.
BENEFIT OF M&A
• It is easier to obtain a license using M&A
• To become competitive, By M&A of a small business with unique technologies, a large company will retain or grow a competitive edge.
• M&A reduces risks using innovative techniques of managing financial risk.
• Through M&A companies merge there power and perpetually take control of the existing market.
In as much as there are a lot of benefits involved in M&A, there also is some difficulties faced by the system and they include;
• Difficulties in pricing. There is a lot of doggedness involved during this process
• High cost of transactions. This usually affects small businesses and start ups.
• Uncertainty. This is in respect to the approval of the merger by proper assurances.
BRIDGING THE GAP WITH LEXIT
Lexit as a Blockchain technology brings together complete strangers from all around the world to partake in high valued transaction. This transactions are trust worthy because it is been done using the blockchain technology.
Lexit would be technical enough to incorporate both pioneer and proven systems so that they’ll all coexist in the platform. This would help to establish innovative technologies and help build trust within the participants.
The Lexit platform would consist of the marketplace and the deal room.
• MARKETPLACE; this will increase accessibility globally thereby bringing opportunities by allowing sellers to create auction listing to there companies. The marketplace allows buyers to browse through in search of what they want and thus make there bidding.
• DEAL ROOM; in this place, terms are negotiated and transactions are finalized. The deal room would be immensely controlled and can be accessible to buyers, sellers and selected experts.
Lexit would launch its token that would be used on its platform. This token would be known as LXT. It is an internal currency that would be used amongst participants within the lexit ecosystem.
TOKEN SALE
ICO START on June 19
SOFT CAP 10,000 ETH
HARD CAP 30,000 ETH
CONTRIBUTION SIZEMIN: 0.01 ETH
TOTAL SUPPLY 160,000,000 LXT
INVESTOR SUPPLY 80,000,000 LXT
TEAM
This wonderful platform is been organised by highly placed intellectuals and professionals with a sole aim of bettering the M&A.
For more inquiries please visit the site below
Website: https://www.lexit.co
White paper: https://www.lexit.co/resources/whitepaper
Facebook: https://facebook.com/LEXITco/
Telegram: http://t.me/LEXITco
Bitcointalk Ann Thread: https://bitcointalk.org/index.php?topic=2494585.0
Reddit: https://www.reddit.com/r/LEXITofficial
Author's Name: Lawrence Ogidinta
Author's Email: Everlyshatox1990@gmail.com