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Markets: 87541
Market Cap: $2,462,068,391,601     
24h Vol: $192,020,616,365
1 Permian (XPR) Rank 816
$0.000772
Permian (XPR) Rank 816
Website Reddit Twitter
26,874,178,444 XPR

Permian (XPR)

Permian (XPR)

XPR

Permian (XPR) Price
$0.00

Permian (XPR) 24h Vol
$1,022,369

Permian (XPR) Market Cap
$20,743,150

Permian (XPR) Circulating
26,874,178,444

Full Name
Permian (XPR)
Symbol
XPR
Algorithm
ETH Token
BTC Price
0.00000001 BTC
BTC Market
279 BTC
BTC 24h Vol
14 BTC
Total Coins Mined
26,874,178,444 XPR
1h
-0.06 %
24h
0.68 %
7d
-4.83 %
Charts

Permian (XPR)
Permian (XPR)

Description

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 the 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 the preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain for a digitized store of value. We now have a chance to break out 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 the ADGM Conduct of Business (COBS) Module.

Full Name Permian (XPR)
Start Date 2018-02-10
Algorithm ETH Token
Proof Type N/A
Website permian.io
Twitter @Permian_
Facebook N/A
Reddit www.reddit.com/r/PERMIAN_XPR/
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 26,874,178,444 XPR
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


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 the 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 the preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain for a digitized store of value. We now have a chance to break out 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 the ADGM Conduct of Business (COBS) Module.

Team:

  • Mohamed El-Masri: Founder & Chief Executive Officer. 
  • Michel Henriquet: Co-Founder. 
  • Roger Muniz: VP, Oil & Gas. 
  • Michael Pickens: Independent Director, Oil & Gas. 

Permian ICO began on September 1, 2018. The ICO token supply represents 10% of the total token supply, so there is a total of 1,000,000,000 XPR tokens available, for 0.10 USD each. The ICO funding target is 25,000,000 USD, the funding cap is 100,000,000 USD and is expected to end on November 30, 2018 or when the funding cap is reached.

Token Reserve Split (90%):

  • 80% Treasury Reserves;
  • 5% Team Reserves;
  • 2.5% Advisor Reserves;
  • 2.5% Marketing Program.
ICO Status Finished
Token Supply 10000000000
Start Date 2018-09-01
End Date 2018-11-30
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.10
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction United Arab Emirates
Legal Advisers N/A
Blog https://medium.com/@permianproject1
White Paper
Permian (XPR) News

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