XPetroleum is a hypermodern oil phase that depends on the blockchain Ethereum with a sharp contract. XPetroleum builds one of the biggest oil economy trusts on the Blockchain. XPetroleum will change the oil trade and make it easy. The oil industry is one of the most fundamental markets in the world, the estimated oil showcase is $ 1.7 trillion. The Blockchain offers many highlights to make work in offices more competent: transparency, financial exchange, execution of contracts based on execution, track-origin for legitimacy, security, cost and time. The aim of XPetroleum is to reach the Xpetroleum Oil Company because XPetroleum is a very good company. At that time, XPetroleum will start leading.
It is important to note that oil is a non-renewable resource that needs to be protected. It is for this purpose that a project called XPetroleum is being created, which will improve the process of oil production and supply through the introduction of Blockchain technology.
The importance of XPetroleum
The importance of the XPetroleum project lies in the area that wants to be improved — the oil industry. As already said, everything around us is somehow produced or sent thanks to oil, without it, cars and buses cannot drive, they need internal combustion engines, they make a lot, many other things from rubber, plastic, polyethylene. What can I say, if in some countries oil is the main source of state and people’s wealth.
Principle of Operation
The work of the XPetroleum platform will be provided by the Blockchain technology, which allows for the storage and exchange of data between participants on an equal basis. Due to the fact that this technology uses decentralization, the Xpetroleum platform will be able to completely eliminate the need for third-party services.
All actions within the platform will be carried out on the basis of smart contracts, which are concluded between two or more parties. These agreements may include many functions that are performed in response to certain actions of the parties to the agreement. Such a solution will ensure the security of operations and increase their transparency.
If necessary, each of the participants will be able to track the place of oil production, the time of its delivery, as well as a number of other parameters included in the process of trading this valuable resource.
Details of the ICO
The developers of the project intend to release 80 million XPL coins, of which only 62 percent will be sold in public sales. The cost of the 1st token will be $ 0.15. However, the date of public sale will be announced by the creators of the platform in April this year after the release of Whitepaper 2.0.
Softcap project — 500 thousand dollars, hardcap — 5 million dollars.
TOKEN DETAILS
Token ticker=> XPL
Token sort => ERC20
Token Offer => 80,000,000 XPL
Token fee => $ 0.15
Good top => $ 500,000
The main currency of the platform will be XPL tokens, which can be stored on wallets that support the ERC20 cryptocurrency standard. It will be possible to buy these coins only during public sales.
For more information about their programs, you can visit some of their links belows :
WEBSITE: https://www.xpetroleum.com
TELEGRAM [CHAT]: https://t.me/XPetroleum
TELEGRAM [CHANNEL]: https://t.me/XPetroleumAnnouncement
WHITEPAPER: https://xpetroleum.com/docs/WhitePaperXPetroleum_en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5096885
TWITTER: https://twitter.com/XPetroleum_xpl
MEDIUM: https://medium.com/@xpetroleum
REDDIT: https://reddit.com/u/xpetroleum
INSTAGRAM: https://instagram.com/xpetroleumcom
BTT Profile : https://bitcointalk.org/index.php?action=profile;u=1036164 ( AndryAR )
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