LEXIT (LXT)

Disrupting the Way in Which Companies

Review Score
3.75/5
ICO Price
0.144714 USD
0.00083 ETH
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
N/A
Start Date
19 June 2018
End Date
25 July 2018

What is LEXIT?

Mergers and Acquisitions (M&A) is a complicated field.  With millions of businesses forming and disintegrating annually, buyers and sellers have a hard time finding each other and negotiating fairly. Involving batteries of corporate lawyers, investment bankers, financial advisors and appraisers, the selling of a company or its assets entails very high costs, even before the first potential buyer is contacted.

These enormous barriers to entry have until now prevented the emergence of online M&A marketplaces, akin to those existing for other kinds of property. LEXIT aims to become the first such marketplace. Utilizing a platform approach, blockchain technologies, and an international network of business partners, LEXIT aims to increase the efficiency and liquidity of the corporate asset market in the same way eBay did for peer-to-peer commerce and Airbnb did for short-term renting.

To achieve this aim, LEXIT combines blockchain-based token economics and best practices developed by the platform-marketplace industry. Both are heavily reliant on the Law of Big Numbers: the larger the pool of buyers and sellers, the more reliable price discovery is and the faster optimal, win-win deals can be achieved.

On LEXIT’s marketplace, buyers and sellers meet directly en masse allowing market forces and network dynamics to render corporate assets such as patents, trademarks, technology, specialized departments and entire companies into highly liquid assets that can be traded at ease, rented and licensed. We are convinced and able to demonstrate that this increased liquidity and market-efficiency will prove itself
highly beneficial in terms of promoting innovation and supporting growth, while reducing overhead costs and risk.

As demonstrated further in this Whitepaper, the LEXIT Solution allows for M&A processes to be concluded faster and at about a quarter of traditional costs. Entrepreneurs are empowered to discover the true value of their assets on a vibrant

and highly liquid marketplace, without having to bear excessive fees. And most importantly – for the first time – an efficient market for IP and patents is established, allowing companies to trade IP assets as conveniently as one would buy, sell or rent a car or real estate.

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