Democratizing the oil & gas direct investment sector in a crypto-economy

The Permian Token (XPR) is a Tokenized Asset Offering (TAO) which establishes an open, secure, transparent direct oil & gas investment ecosystem powered by blockchain technology.

Securing your share from the 1.6 trillion barrels of proven oil reserves globally

With over 1.6 trillion barrels of proven oil reserves globally, the Permian token offering allows you to own your share of the world’s proven oil reserves via blockchain with a redeemable digital token that is backed by proven oil reserves.

Utilizing the economic-value of oil supply via blockchain to monetize proven oil reserves

Developing the PermianChain; a blockchain-as-a-service solution for oil companies to monetize proven reserves yet to be produced. Generating early revenues for suppliers, providing higher discounts to buyers and increasing token value for our community.

PermianChain Technology

The PermianChain technology revolutionizes the oil & gas industry’s business model via blockchain.

PermianChain Model
A closed-loop B2B trading platform allowing oil & gas companies to monetize proven reserves via Blockchain technology
utilizing a Tokenized Digital Asset backed by proven reserves under the smart contract and crypto-economic model.
Quickly and easily buy & exchange oil & gas value. With direct fulfillment from suppliers, broker dependence is reduced and buyers can purchase supply much cheaper than traditional methods.

Token Sale TOKEN

XPR token is currently an ERC-20 token on the Ethereum Platform.

Distribution of Tokens

Total Tokens Generated

10,000,000,000 XPR

XPR Token Price

$0.10

Treasury Reserves (10%)

1,000,000,000 XPR

Team Reserves (5%)

500,000,000 XPR

Advisor Reserves (2.5%)

250,000,000 XPR

Bounty Program (2.5%)

250,000,000 XPR

Total Tokens Offered (80%)

8,000,000,000 XPR

Uses of Funds

Total Funds to Raise

$800,000,000

Asset Acquisition

$700,000,000

Blockchain Development

$50,000,000

Research & Development

$25,000,000

Human Capital & Adminstration

$20,000,000

Marketing & PR

$5,000,000

Why the Permian Token (XPR)?

 

Here are some reasons why you should opt for Permian Token

Permian Token Conventional Direct Investments
Convenient, Seamless investment process using the cryptoeconomic model powered by Blockchain and Smart Contracts to make transactions in less than 10 minutes. Requires larger investment size going through conventional partnership model that requires thorough due diligence and significant amount of paperwork taking over 2 months to close.
Transparent audited reporting and performance tracking through systematized and automated Key Performance Indicators integrated on a state-of-the-art user interface. Regular reporting and auditing required on a quarterly basis in order to provide key information. Time consuming to look through each document independently and may result in lack of transparency.
Participating in the Permian Token allows token holders to have liquidity potential on various crypto exchanges. Lack of liquidity. Direct investments pose a potential lack of liquidity should company directors decide not to distribute dividends or if you cannot find an acquirer.

OUR ROADMAP ROADMAP

April 2018

The Permian Token (XPR) concept is initiated to democratize direct oil & gas investments with the Tokenization of proven oil reserves.

May 2018

Permian.io website is launched the XPR Dashboard and XPR Wallet.

June - July 2018

Identified and vetted hard assets with proven oil reserves as acquisition targets for tokenization of XPR and to be used on the PermianChain platform.

August 2018

XPR Token pre-sale launch at $0.10

September 2018

Permian.io will launch the Initial Token Offering to the public.

October - November 2018

The appointment and official hiring of blockchain engineers to start the development of the PermianChain technology.

December 2018

Starting the acquisition and tokenization process of vetted assets with Proven Reserves.

Team Members TEAM

The Minds behind the PermianChain. New Team Members to be added soon..

Mohamed El-Masri
Founder & Chief Executive Officer
Nazim Baghirov
Head of Business Development
Paresh Masani
Blockchain Platform Lead
Jason Bissell
Head of Cyber Security & IT

Advisors & Directors

Michael C. Creadon
Co-Founder & CEO, 4Rev
Han-Gwon Lung
Co-Founder & CEO at Tailored Ink
Dan Foley
Co-Founder & CEO at Crypto Copywriters
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Frequently asked questions FAQS

Below we’ve provided a bit of ICO, ICO Token, cryptocurrencies, and few others. If you have any other questions, please get in touch using the contact form below.

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ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

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