https://youtu.be/ITsaiA8mZ2c

Starting up a business, thriving it through and gearing it towards growth are hurdles and challenges every business and entrepreneur faces. Not withstanding, many of these business and start up organization head towrds a dead end even before they actually start out, Thus, what can be done to improve the prospects of a business, an idea or a venture, are there promising solutions to possible growth again? 
Can there be a favorable situation for businesses to interact between buyers and sellers? Possibly. 
A new marketplace based on the blockchain technology that proposes to provide entrepreneurs with the ability to restructure processes and restrategise policies, concepts, ideas, and technologies from abandoned or dying projects and turn them into new and viable projects is made possible through LEXIT. The LEXIT platform also gives startups the opportunity to create and execute lucrative exit deals. LEXIT will offer easy flexibility and ensure that ideas, be it concrete business or abstract never go to waste by utilizing blockchain technology based  models and a broad spectrum distributed network of appraisers.

![](https://cdn.steemitimages.com/DQmVssaLuFoTEuKvPZe6vuq63EKQYEzj3q7emEd6RkkP3dp/image.png)

LEXIT offers dedicated solution for sellers, appraisers, and buyers, using a well structured market system. Sellers who use the Lexit platform are able platform to list their projects or businesses in need of restructuring, verify them, and collect offers, which then can be used to finalize lucrative exit deals. Appraisers are able to use the Lexit platform to assist with the observation, verification and evaluation process, while buyers are able to browse a marketplace of projects, evaluate them, and place offers. All three of these processes will be facilitated by the creation and transmission of a token called the LXT, which guaranteed quality, fairness, and transparency. Assessors working with the Lexit platform are screened and verified independent contractors that are rated with a reputation system that is generated through buyer input, ensuring highly accurate assessments every time. 


Features and Aim
The aim of Lexit is to actualize two primary functions including:

Conducive Marketplace:
It will serve as a marketplace wherein users will be able to come and offer their intellectual property (IP), company branches and startups for sale. Through the use of an advanced “filter mechanism”. Potential buyers will be able to scan through the available opportunities and then pick the ones that they desire to invest in.

The Traditional Ecosystem:
To help make the entire exchange experience more seamless and stress-free, the company has developed its own ecosystem to make the marketplace functional and accessible (to all those who wish to make use of it). For starters, LEXIT will make use of incentives and bonuses that will be used to encourage participation. In addition to this, the company will also provide ”legal assistance” to its customers for the preparation of ‘M&A and IP transactions’.

How LEXIT Mergers & Acquisitions Blockchain Marketplace Works
To start off with, the “seller” makes use of the secure web interface within Lexit to create his/her listing. This is done after a thorough background check on the seller and his project listing, so as to ensure that the person/ company performing the sale is legitimate.
After the listing has been made, potential buyers can use the same web platform to search for assets and IP that they would like to purchase.
In case there are several offers from different buyers, sellers have the option to go through the “transactional history” of each buyer and then choose who he/she would like to do business with.
At this point, it is also important to mention that the app interface using a highly secured and structured framework, guides “both parties (Sellers and Buyers) through the necessary steps for closing a deal”. This is usually done via the use of experts that have knowledge in regards to things like due diligence, value estimation etc.
Finally, once all of the basic documentation and verifications are completed, Lexit allows for the finalisation of a deal via the creation of ‘data entries’ that record all of the individual aspects involved with each and every transaction.

Allocation Of LEXIT Funds for favourable transactions 

According to the official company whitepaper, the distribution of revenue will be as follows:

50% of all raised funds will be used to power the token sale.
15% of the money has been set aside for the creation of a “rewards pool”.
5% will be reserved for company advisors or assessors.
10% will be given to company partners and external sources and other such individuals who have backed the project since its infancy.

The remaining 20% will be used by company personnel and project founders...
This allocation will give proper credibility to the M&A Transactions and closing of a deal to further promote success and growth of newly acquired entities and projects.



LEXIT has also engaged in partnerships with external entities so that we can enhance our platform’s capabilities at a leveraged pace. These partnerships will help develop the LEXIT ecosystem and offer continued support to our users and partners. The current chain of External Partners are as follows:

SelfKey : https://selfkey.org/
Chainium : https://chainium.io/
Metaverse : https://gometa.io/
Polymath : https://polymath.network/
Veriff : https://veriff.me/
Startup Bootcamp : https://www.startupbootcamp.org/

THE TEAM

![](https://cdn.steemitimages.com/DQmevdHfVyZojoD8CEQSDYZKgBiE2So6xnPWjAZSu2yTkmz/image.png)
![](https://cdn.steemitimages.com/DQmPox6q9X8xrbJRJCLUhR4EzfGt7nJeb4p5Ht9TxoAosku/image.png)

Official Detail :
Website: https://www.lexit.co
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2494585.60
Whitepaper : https://www.lexit.co/resources/whitepaper
Telegram : https://t.me/LEXITco

Authors Information
Steemit Username: e4ourma
Bitcointalk Username: Johnyjay
Bitcointalk Profile; https://bitcointalk.org/index.php?action=profile;u=1819701