XPETROLEUM - Building The Trust Oil Economy with Blockchain

The Cryptocurrency market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites. With my research, I found this project in which I really put my faith: XPETROLEUM. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

XPetroleum is a next-generation oil platform based on the Ethereum blockchain with smart contracts. The XPetroleum team is building one of the largest trust oil economy in the Blockchain. XPetroleum will revolutionize the oil industry and make it transparent. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion. Blockchain offers many features to make back-office work more efficient: Transparency, Financial transactions, Enabling performance-based contracts, Track provenance for authenticity, Secure, Cost and Time. The goal is to set up the Xpetroleum Oil Company if we reach our soft cap. Then we will start to conduct various petroleum activities.

Blockchain offers numerous features to make back-office work progressively proficient: Transparency, Financial transactions, Enabling performance-based contracts, Track provenance for authenticity, Secure, Cost and Time. The use of blockchain-tech is one of the most amiable invention of all time. It help with peer2peer exchange activities. Therefore, it can be used to carry out business activities, in that it offers a transparent service with 100 percent reliability and protection for the members info. Therefore, xpetroleum is making use of this amiable setup to change the inefficiencies in the oil-based organization.

FEATURES OF XPETROLEUM PLATFORM

Decentralized Currency

XPL is a peer-to-peer, next-generation oil platform token with an average transaction time of few seconds!

The world’s largest sector

Oil industry is the sector with the world’s largest demand. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion.

Cost and speed

XPetroleum will have nearly instant transaction times and reduced cost of transactions.

Safe and Secure

ERC20 is the token standard of the Ethereum smart contracts platform.Transactions are guaranteed and secure.

Eliminates the Third Party

XPetroleum eliminates the dependency on third party intermediaries in all major oil sectors.

TOKEN AND ICO DETAILS

The maximum XPL token supply is 80 million tokens.

XPL is an ERC20 token that serves as currency on XPetroleum platform.

During the Token Sale, the Token exchange rate will be as follows:

1 XPL = $0,15 USD.

The minimum purchase amount is 0.1 ETH.

Early contributors of XPetroleum received a 35% bonus during the Pre-Sale round.

All unsold tokens will be burned at the end of the ICO.

All Tokens will be of equal value and functionality.

Token name: Xpetroleum

Token symbol: XPL

Standard: ERC20 (Ethereum)

Decimal: 8

Total Token Supply(max): 80,000,000 XPL

Token Allocation

62% Allocated for Token Sale

15% Allocated to Team And Founders

8% Allocated to Marketing

9% Allocated to Bounty

6% Allocated to Airdrop

Fund Allocation

40% Allocated for Research and Development

20% Allocated to Administration & Operations

20% Allocated to Marketing

10% Allocated to Partnership

6% Allocated for Hire Employee

4% Allocated to Legal And Compliances

#XPetroleum #XPL #XPLtokens #XPetroleumPlatform #Blockchain #TokenSale #Ethereum

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

XPetroleum team is building one of the largest trust oil economy in the Blockchain. XPetroleum will revolutionize the oil industry and make it transparent. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion.

For more information, please visit:

Website: https://www.xpetroleum.com/

Whitepaper: https://xpetroleum.com/docs/WhitePaperXPetroleum_en.pdf

Twitter: https://twitter.com/XPetroleum_xpl

Telegram: https://t.me/XPetroleum

Telegram Channel: https://t.me/XPetroleumAnnouncement

Medium: https://medium.com/@xpetroleum

Reddit: https://reddit.com/u/xpetroleum

Instagram: https://instagram.com/xpetroleumcom

Author
nugezmils

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