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Permian (PreICO)

Oil Digitized

PermianChain Technologies Inc. is a FinTech and blockchain startup based in Toronto, Canada with presence in the United Arab Emirates through its joint venture with Permian Holding SPV Ltd., a limited company based in the Abu Dhabi Global Market (ADGM). "PermianChain" signifies the recognition of the 'Permian Era', harnessing blockchain technology to capitalize on the world’s fossil fuels by turning oil exploration and production campaigns into investable digital-assets. Permian Holding is now launching its private placement to accredited investors for the issuance of the Permian Token; a Shari’a Compliant crypto asset which represents equity in proven oil reserves that are held by Permian Holding and registered on the PermianChain platform. PermianChain team is made up of ethical and competent professionals with expertise and backgrounds in Oil & Gas, Finance, Law, Investment Banking, IT & ICT, Blockchain, Data Science and Marketing.

4.3
6 5 expert ratings
Benchy 4.1
KYC
Experts
4.9
4.6
3.7
View rating distribution
38 days 17 hours left
2019-02-07 - 2019-03-29
Starts in 41 days 17 hours
2019-04-01 - 2019-05-31
Token
XPR
Price
1 XPR = 0.1 USD
MVP/Prototype
Platform
Accepting
BTC, ETH, Fiat
Minimum investment
100,000 USD
Soft cap
1,500,000 USD
Hard cap
32,000,000 USD
Whitelist/KYC
KYC
Restricted areas
USA
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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