Langsung ke konten utama

XPetroleum- Introducing an efficiency inclined oil market

unnamed (1).jpg
When you hear of some of the most extravagant countries in the world, some of them, especially those from the Middle East do have one thing in common and that is the fact that they are oil producing states. The major reason why these countries can generate so much revenue is due in large part to the size of market demand for crude oil. The size of market demand for crude oil outweighs that of all other metals combined in a ratio 3:1.
The size of the market available for crude oil highlights the need for better transactional facilities and management system. This need, coupled with the vast range of advantages offered by blockchain technology has given rise to the XPetroleum project.
Introducing XPetroleum
XPetroleum is an advanced next generation oil platform which intends to leverage on the advantages offered by blockchain technology. XPetroleum has been developed with a goal of revolutionizing the oil industry and enhancing transparency.
Advantages offered by XPetroleum
  1. Digital ecosystem and currency: The XPetroleum ecosystem is a peer-to-peer next generation oil platform with the goal of getting transactions done in seconds through the influence of it's digital currency “XPL".
  2. Minimal transaction costs: You can make as many transactions as you wish at any given time on the XPetroleum platform without having to worry about being set back a few bucks.
  3. Security of transactions: Through the influence of Ethereum based smart contracts, there is no reason to be worried for the safety of funds.
  4. Elimination of third party: By being a peer-to-peer platform, XPetroleum seeks to make the two parties doing business communicate directly with each other while removing the influence of 3rd parties which draw extra fees.
  5. Locked team tokens: The tokens allocated to the team members will be locked with the smart contract for a period of two years. This will enable investors make as much profit on investment as possible.
Roadmap
The team have come up with a well defined order of events in order to keep the project on track.
Screenshot_20190124-155433~2.png
Tokenomics of XPetroleum
The token which serves as a currency within the XPetroleum ecosystem has a ticker “XPL". The total supply of XPL tokens is 80 million and it will have an initial price of $0.15 per token. The minimum investment amount has been set at 0.1 ETH and the commencement date of token sale is to be announced.
Conclusion
Due to the continous rise in demand for crude oil, the XPetroleum project is coming through at about the perfect time to enchance efficiency in the industry.
For further information, you can visit any of the following links;
Official Website: https://www.xpetroleum.com/
Whitepaper: https://xpetroleum.com/docs/WhitePaperXPetroleum_en.pdf
My Username : baywalk
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2442391;sa=summary
My ETH Address : 0xC910982cec417a07Ec380A12808951b45e76DC4b
Telegram :@Baywalk321
Email : baywalk321@gmail.com

Komentar

Posting Komentar

Postingan populer dari blog ini

REFINE MEDIUM: Decentralized Media Platform

In recent years, as media platforms have continued to increase, these platforms have become a place where people can generate serious income.  Social media platforms such as Facebook, Instagram and YouTube have begun to capture every moment of our lives.  In a period when social media has entered our lives so many new applications are emerging every day.  People spend most of their time watching videos in front of a computer.  Many places such as food, product promotions, places he visits are offered to consumers by their producers.  But that bit is real;  In these platforms, data is controlled from a single center and recorded in a single center. Lack of trust, delay in payments, excess of intermediaries, lack of preference for new generation technologies are among the problems in the system.  Today, I  would like to give you information about  the  REFINE MEDIUM  project,  which will provide you with the solution of the...
Posting Komentar
Baca selengkapnya

ICO Review: mHealth Coin

MHEALTHCOIN  MHEALTHCOIN is a crypto currency platform built on sophisticated facilities to revolutionize the healthcare industry by collecting medical data from platform users so that users can get a full understanding of their health status to stay fit and live healthier lives and also by providing incentives as a gift package. with MHEALTHCOIN "You think you stay healthy" this means that before an illness or illness becomes too serious in the body or even enters the body with the help of mhealthcoin, you can be proactive to prevent this disease from affecting you through the help of usable devices designed by the team to remind you at any time.  Our mission We believe that everyone in the world must be aware of their own health, no matter how old we are, how fat we are, or even how tall we are. But, in fact, most people are likely to be aware of their health situation until they get sick, serious illness, abnormal conditions or other forms of "illness"...
Posting Komentar
Baca selengkapnya

Hawk Project — Implement IoT on The Blockchain Become Real

What is Hawk Network? Hawk Network is the world’s foremost spread smart Internet of Things, combining advantage computing and blockchain technologies to provide businesses with a new creation of IoT technology infrastructure using reduced access prices and more efficient accessibility. Hawk Network is based on smart hardware, uses large data engineering as the beginning point, balances generation and environmental elements with blockchain dispersed books, and ultimately recognizes the objective of international Web of Things. By altering the new financial model, the Hawk Network unites digital ID and multiple encryption technologies to empower wise terminals, IoT companies, and consumers to move unimpeded from the Hawk Network system, ensuring advantage and data protection. Backed The Biggest Company In The World UB.GROUP is a large scale Web of Things, along with a wise travel multinational firm with 30 million consumers, also functions in dozens of cities across the world. U...
Posting Komentar
Baca selengkapnya