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Permian

Oil Digitized

PermianChain tokenizes Oil to support Permian Token (XPR) related assets and operations. PermianChain will be used by upstream companies to fund their oil campaigns and by midstream companies to secure proven reserves via blockchain. XPR enables digital transfer of underlying assets value in the form of digitized value of oil. Thus, allowing the utilization of XPR's substantial physical & proven reserves as a means to facilitate commercial and consumer transactions around the world. As a reserve-based digital currency, XPR will become a critical instrument for preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain for digitized store of value. We now have a chance to breakout from the traditional way we have done things in the oilfield and redesign the model for the future. This is a direct equity offering and may only be provided to Professional Clients as defined in Section 2.4 of of the ADGM Conduct of Business (COBS) Module.

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41 days 10 hours left
2018-09-01 - 2018-11-30
Token
XPR
Price
1 XPR = 0.10 USD
Platform
Accepting
BTC, ETH, Fiat
Soft cap
25,000,000 USD
Hard cap
100,000,000 USD
Whitelist/KYC
KYC
Restricted areas
USA, China, Singapore
More on ICO
Report

About Permian

Utilizing the economic-value of oil supply via blockchain to monetize proven undeveloped oil reserves.
The Permian-Chain technology funds the acquisition of proven undeveloped oil supply to generate early revenues for suppliers and provide higher discounts to buyers.

Democratizing the oil & gas direct investment sector in a crypto-economy.
The Permian Token (PMN) establishes an open, secure, transparent direct investment oil & gas ecosystem powered by Blockchain technology and the application of cryptography as a digital token.

Over 2.0 trillion barrels of oil recoverable globally.
The world has 70 years of oil left at today’s production rate of 30 billion barrels per year. Compared to the 1,300 billion barrels produced around the world in history.

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ICO KYC Report
2 members invited
Mohamed El-Masri
Passed
Nazim Baghirov
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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