LEXIT To Launch IDO Aimed at Driving Its Next-Generation NFT Creation Platform

LEXIT, a decentralized finance platform (DeFi) for tokenizing intellectual property into non-fungible tokens (NFTs), announced today the launch of its first initial DEX offering (IDO) hosted on BSCPad, the first decentralized IDO platform for the Binance Smart Chain network. LEXIT’s IDO is set to go live on May 26, 2021, and will introduce the LEXi Coin, the central enabler on the LEXIT platform.

LEXIT’s IDO allocation round will officially open at 08:00 AM UTC with a public sale to follow at 1:00 PM UTC. $LEXi price will be set at USDT $1.00 and will launch with an initial market capitalization of 16,000,000 $LEXi, with a limited allocation of $650,000 USD to BDCPad. Following LEXIT’s token release, $LEXi will be available on PancakeSwap, BitMart and other major exchanges.

Public sale (IDO) buyers are given 100% of their purchased tokens upfront. Users will be able to stake their LEXi coins in various staking ‘slots’ that will be made available as the ecosystem grows.

Amir Kaltak, founder and CEO of LEXIT, said,

“This IDO is a milestone moment in our effort to revolutionize the intellectual property rights landscape. Working alongside our innovative partners and the creator community, we look forward to the growth of the LEXi Coin ecosystem.”

LEXIT is the first NFT launchpad with integrated DeFi liquidity pools that will empower every artist and inventor to issue their NFTs and make them immediately tradable. Through LEXIT’s platform, anyone owning intellectual property rights (IPR), such as art, music, film, videos, patents or technical inventions, can create and submit a listing through the platform, allowing them to fully tokenize their arts and inventions.

Katia Zaitsev, co-founder and CBO of LEXIT, said,

“At LEXIT, we are committed to helping artists and inventors open up an entirely new revenue stream and give the general public the opportunity to participate in their important work. Our platform was built with the infrastructure to provide vendors and artists the ability to tokenize their intellectual properties with NFTs in a safe and easy way.”

LEXIT’s NFT launchpad is intended to launch over the next few months, and the LEXNET protocol is predicted to be fully operational by the end of 2021 or the beginning of 2022. The LEXNET protocol will launch as a high-performance open protocol that is fully compatible with Ethereum and all other EVM-aligned protocols, such as Binance Smart Chain, and will elevate LEXIT’s performance and reliability.

The public sale will take place based on a first-come, first-served basis. For full details on how to participate, please visit here.

About LEXIT

LEXIT is a decentralized finance platform (DeFi) for tokenizing intellectual property into non-fungible tokens (NFTs). These NFTs are then made available through LEXIT’s launchpad, AMM (LexiFi) and through pools curated by LEXIT pool managers. To learn more about LEXIT, please visit here.

About BSCPad

BSCPAD is the next evolution of blockchain launchpads solving the fundamental flaws that plague existing launchpads. This platform benefits all holders of the token and allows for fair launches, giving traders of all sizes the opportunity to invest in the best upcoming Binance Smart Chain projects.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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Source: https://dailyhodl.com/2021/05/20/lexit-to-launch-ido-aimed-at-driving-its-next-generation-nft-creation-platform/