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

SWITZERLAND –– May 26, 2021 –– LEXIT (https://lexit.com/), 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 will go live on May 26 and 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 launch with an initial market capitalization of 16,000,000 $LEXi with a limited allocation of 650,000 USD to BSCPad. 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. 

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

“This IDO is a milestone moment in our effort to revolutionize the intellectual property rights landscape,” said Amir Kaltak, Founder & CEO of LEXIT.And further, he added, “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 NFT’s 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.

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

“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,” said Katia Zaitsev, CO-Founder, and CBO of LEXIT.And further, he says, “Our platform was built with the infrastructure to provide vendors and artists the ability to tokenize their intellectual properties with NFT’s 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/beginning of 2022. The LEXNET protocol will launch as a high-performance, open protocol that is fully compatible with the Ethereum and all other EVM aligned protocols such as the 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 https://bscpad.com/.

About LEXIT

LEXIT is a decentralized finance platform (DeFi) for tokenizing intellectual property into Non-Fungible Tokens (NFT). 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: https://lexit.com/

About BSCPad

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

Trushti Patel

Trushti Patel is a news writer and a regular contributor to CryptoNewsZ. She always stays up-to-date with the latest happenings regarding the world of crypto. She is also sound in technical analysis.

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