XPetroleum - Building the Trust Oil Economy with Blockchain

Traders with the internet to connects with other partisan with the business on crypto finance to gains of best with chance as appealing the use on decision with the opportunity on possession with the resource as the entrance on table as might to collects of supports with the work on evaluation to deliver with rest on denials and returns with one of option to risks on bet with the table of exchange as beginning of commands with the order as opening position with the stable token on drawing with the archipelago of crypto with the bitcoin finance.

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The initial value of token set on ICO terms of reference for public audience as have with the nominal on price of fifteen cent dollar per token of exchange with the XPL token to fiat.
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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.

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.

Dates and 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.

The distribution of tokens and funds is as follows:

Conclusion

Given the scale of the oil industry and the lack of safe and reliable tools to perform operations in this area, the XPetroleumproject can become very popular. It will reduce the costs of many refineries by eliminating intermediaries, as well as ensure the safety of financial transactions between the parties to the agreements.

Therefore, investing in XPL tokens can be one of the best solutions for investors.

For more information about the investment project please visit :
Website : https://www.xpetroleum.com/
Whitepaper : https://xpetroleum.com/docs/WhitePaperXPetroleum_en.pdf

author:

rivaldo2020

BTT Profil link: 

https://bitcointalk.org/index.php?action=profile;u=2051385

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