![0_uHHDtQJOa4Pp3eaD.jpg](https://cdn.steemitimages.com/DQmecnB5DPD3UXiBNsrVa2ptndDgbCapFz27GkQ3LYHP3vc/0_uHHDtQJOa4Pp3eaD.jpg)

***Today, a technology startup is extremely difficult to buy. To do this, you need to invest in various appraisers that you need to find before. While, if in the US and European countries this practice is common, then, for example, in Russia these are isolated cases. This process is called mergers and acquisitions and special companies are involved in it. And what if there was a site on which you could buy a company without unnecessary red tape and emotions? Today, Blockchain technology allows to realize such a representation. Our review today is dedicated to the ICO project of Lexit on the creation of a marketplace of startups, changing the industry of sale and purchase of companies, and bringing it to a new level of development. Apparently, the moment when we can buy entire companies without special preparation is just around the corner.***

## Problem
M & A is the industry of mergers and acquisitions. This happens in different situations. Most often, M & A serves a strategy of survival and development. In this case, the acquisition process is that a small company that has any technology, but no resources for its promotion, is adjacent to a large company. Which is also advantageous, because in this way a large company gets a ready system and a team. Another situation is that there are serial entrepreneurs specializing in the cultivation of start-ups with the aim of selling them to large corporations.
However, these days M & A is a very difficult and confusing process. For these services, intermediaries take incredible interest. Up to the point that the company passes into the ownership of valuation companies. M & A contains many legal subtleties and pitfalls. Often the human factor plays a decisive role in the valuation process, because the valuation technology is very outdated. Naturally, for companies that merge the whole process is stressful. Not so much because of high costs, but because of the opacity.
There is also another important issue. 10 out of 100 successfully start-up startups do not live up to 5 years. The reasons are different, but the main thing is that progress does not stand still and for 5 years the technology is getting outdated, and new ones do not have time to be developed by these companies. And they come into crisis. The chance for survival for them would be absorption by a large company. Large companies are also looking for small companies in a crisis to absorb them for obtaining accumulated resources at a bargain price. But even if companies find each other, the very process of absorption can scare off. Sometimes the price of the absorption process is higher. The cost of the startup itself.
Today, on the imperfection of M & A, middlemen earn incredible fortunes. These are brokers, investment consultants, bankers, financial lawyers and others. Blockchain is able to change this situation, to save the M & A process from unnecessary human factor and costs. And the process itself is several times faster and cheaper. This will improve survival of the stratapes and technological progress will gain new acceleration.

## Solution
The LEXIT project creates a Blockchain marketplace for mergers and acquisitions of companies.
![2.png](https://cdn.steemitimages.com/DQmfEyLi391KAEqRpgYkXhu3GGhzeWHJ7QFtL6raWG46i2A/2.png)
LEXIT has advantages over established systems providing M & A services: 1. Marketplace M & A. The approach itself becomes different. Now you do not need to look for startups for connections and various sources - all offers will be concentrated in one place. 2. The examination order system. Experts help to evaluate companies and properly execute transactions; 3. For LEXIT users, there is a convenient personal office where you can conduct transactions. Transactions are provided by Blockchain technology. As a result, minimal transaction costs and transparency; 4. Community, consisting of representatives of all countries of the world; 5. The LEXIT platform is transparent. With it, it is possible to track the history and activity of start-ups on the platform; 6. Token LXT serves to stimulate holders and motivates participants to develop the system.
It is also worth noting that the price of LEXIT services is 75% lower than that of existing systems, and the speed of buying companies is 3 times faster than before.
LEXIT helps start-ups evaluate themselves in terms of money. This gives them more confidence and awareness. This also facilitates communication with investors.
![4.png](https://cdn.steemitimages.com/DQmcrf8aodbRmm9bEqUtfX6yyTYQjhL5em1YdU8ypPQqgBF/4.png)
The mission of LEXIT is to become the market leader. And that M & A is available not only to technology companies, but also to any small enterprise.
![5.png](https://cdn.steemitimages.com/DQmUAskCQYMJTHaWXBXRWzzSfNMukjxFqsScSSr729SYJhf/5.png)

## Team
The LEXIT project was born from the experience of serial entrepreneurs who are the founders. Behind them, not one successfully sold start-up. They know what they are passionate about.
![61.png](https://cdn.steemitimages.com/DQmb1bDruiXxR5gvjwP1Jf4EfMZDbZsqvE7Z3eZPReDSYdp/61.png) ![62.png](https://cdn.steemitimages.com/DQmSZhsLeaK62pM2zaofwG54sVpFSu9kiWBFQUSt2xicSt9/62.png)

## ICO
Token: LXT Smart contract standard: Ethereum ERC-20 ICO Start: June 19, 2018 End of ICO: September 30, 2018 Soft Cap: 2,000 ETH Hard Cap: 30,000 ETH Price: 1 LXT = 0.00083 ETH Currency for investment: ETH Minimum exchange: 0.01 ETH #LEXITco
![8.png](https://cdn.steemitimages.com/DQmNYXC1oGidcDLjfCFssJ2L1hBLvDEoEakrfGFrJiZzpJX/8.png)

## Conclusions
LEXIT has already collected the software cap. An interesting idea, a strong team. A worthwhile project for those who are looking for liquid assets. We will observe with attention.
![w.png](https://cdn.steemitimages.com/DQmefcoeKPXY5NdiZhT4hoH5ELtoStUR3P4qKof12jwaums/w.png)

## *This is a translation of [my article from the Russian language to an English-speaking audience](https://golos.io/blockchain/@vitarecord/lexit)*. And [this article](https://steemit.com/ico/@chukwukahonour/lexit-review) is a fake

------------------------------ Official sources of LEXIT project ------------------------------ Website: https://www.lexit.co Whitepaper: https://www.lexit.co/resources/whitepaper Facebook: https://www.facebook.com/LEXITco Twitter: https://twitter.com/LEXITco Reddit: https://www.reddit.com/r/LEXITofficial Linkedin: https://www.linkedin.com/company/lexit-inc. Youtube: https://www.lexit.co/youtube Telegram: https://t.me/LEXITco Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2494585.0 Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=4496286.0 #LEXIT #LEXITco #### AUTHORSHIP: Bitcointalk Username: Lifelogging Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1130613