Stage 1 Token Sale Ends in…

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 (80%)

8,000,000,000 XPR — 87% of tokens held in Treasury Reserves will be issued on the PermianChain platform as new proven oil reserves are listed for Tokenization. The remaining 13% will be awarded to our Expert Community for participating in due diligence of newly listed assets.

Team Reserves (5%)

500,000,000 XPR

Advisor Reserves (2.5%)

250,000,000 XPR

Marketing Program (2.5%)

250,000,000 XPR

Total Tokens Offered (10%)

1,000,000,000 XPR

Uses of Funds

Hard-Cap (Stage 1)

$100,000,000

Soft-Cap (Stage 1)

$25,000,000

Asset Acquisition

55% of funds raised will go into the acquisition of proven oil reserves— over 51,000 acres and 25,000,000 Barrels of Oil Equivalent (BOE)

Blockchain Development

20% of funds raised will be invested into further development of the PermianChain platform.

Research & Development

10% of funds raised will be invested into further R&D for Artificial Intelligence and Blockchain.

Human Capital & Adminstration

10% of funds raised will be allocated towards hiring the best talent, maintaining administrative requirements and regulatory licenses.

Marketing & PR

5%

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) idea is initiated to democratize direct oil & gas investments and Tokenize proven oil reserves.

May 2018

Launch of XPR Dashboard and XPR Wallet.

June - July 2018

Deployment of XPR smart contract as ERC 20 token.

August 2018

Partnered with Gulf Energy Corporation Ltd. and Appointed Blockchain Developer Lead to start the PermianChain prototype and MVP stages.

September 2018

Launch of Stage 1 of the Initial Token Offering

October - December 2018

Close Stage 1 and launch Stage 2 of the Initial Token Offering. Completion of PermianChain platform prototype, MVP and Exit Facility.

December 2018

Finalize due diligence on already identified proven oil reserves.

January 2019

Approve due diligence of existing acquisition targets and open network consensus to XPR Expert Community.

Q1 2019

Deploy capital towards approved acquisition targets with over 211,000,000 Barrels of Oil Equivalent (BOE).

Q2 2019

open submission for oil companies to list their proven oil reserves and issue additional XPR on the PermianChain platform.

Q3 2019

Integrate real-time video tracking of oil well drilling on the PermianChain platform allowing XPR community to track investment activity and development progress.

Q1 2020 - Q2 2020

Secure partnership with gas stations globally to accept XPR as a form of payment. Create 'PermianCard' for the XPR community to use as payment at gas stations globally.

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
Irina Sludneva
Investor Relations
Roger Muniz
Vice President, Oil & Gas

PermianChain Advisors

Michael C. Creadon
Co-Founder & CEO, 4Rev
Han-Gwon Lung
Co-Founder & CEO at Tailored Ink
Dan Foley
Co-Founder & CEO at Crypto Copywriters
Qusai Sharef
Member of the Board of Directors, International Decentralized Association of Cryptocurrency and Blockchain (IDACB)
Reinhard Berger
CEO & CFO, Pecunio VC Fund
Habib Huseynzade
Challenger Drilling Engineer, BP
Kamal Mustafa
Data Scientist — Senior Consultant, DELL EMC
Vince Caruso
President, New To The Street T.V. and Founder of ``Exploring The Block``
Stephen Simon
CEO & Founder, FMW Media Works Corp and Producer of ``New to the Street`` & ``Exploring the Block``

PERMIAN PARTNERS PARTNERS

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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.

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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