soplo: Petroleum is a general term for oil and natural gas

About XPetroleum

XPetroleum is a next-generation oil platform based on the Ethereum blockchain with smart contracts. We are building one of the largest trust oil economy in the Blockchain. XPetroleum will revolutionize the oil industry and make it transparent. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion. Blockchain offers many features to make back-office work more efficient: Transparency, Financial transactions, Enabling performance-based contracts, Track provenance for authenticity, Secure, Cost and Time. Our goal is to set up the Xpetroleum Oil Company if we reach our soft cap. Then we will start to conduct various petroleum activities

Petroleum is a general term for oil and natural gas. Oil is the world’s most important fuel and underpins our high standard of living. It provides modern convenience and freedom of movement and is crucial to transport systems. Petroleum is a fossil fuel. Petroleum is often called crude oil, or oil. It is called a fossil fuel because it was formed from the remains of tiny sea plants and animals that died hundreds of millions of years ago. When the plants and animals died, they sank to the bottom of the oceans. Here, they were buried by thousands of feet of sand and sediment, which turned into sedimentary rock. As the layers increased, they pressed harder and harder on the decayed remains at the bottom. The pressure and some heat changed the remains and, eventually, petroleum was formed.Petroleum deposits are locked in porous rocks almost like water is trapped in a wet sponge. When crude oil comes out of the ground, it can be as thin as water or as thick as tar. Petroleum is called a nonrenewable energy source because it takes hundreds of millions of years to form. We cannot make new petroleum reserves.

Why Blockchain?

Blockchain offers many features to make back-office work more efficient: Transparency, Financial transactions, Enabling performance-based contracts, Track provenance for authenticity, Secure, Cost and Time.

What is Petroleum?

Why Oil is important?

Oil has become the world’s most important source of energy since the end of World War II. Oil is a lever for economic and social development in the twenty-first century, because it brings in hard currency from abroad and because, linked up with other industries, it is a good that can increase its value importantly, creating many jobs.

Xpetroleum Token Pre-Sale (12th February 2019)

Token Sale is a modern method of crowdfunding that allows us to issue Digital Tokens in exchange for investments. This token sale event allows participants to contribute to Xpetroleum and receive XPL tokens. The maximum XPL token supply is 80million tokens. XPL is an ERC20 token that serves as currency on XPetroleum platform. During the Token Sale, the Token exchange rate will be as follows: 1 XPL= $0,15USD. The minimum purchase amount is 0.1 ETH. Early contributors of XPetroleum received a 35% bonus during the Pre-Sale round. All unsold tokens will be burned at the end ofthe ICO. All Tokens will be of equal value and functionality. To buy XPLtokens you will need to send a desired amount of ETH to the Ethereum Smart Contract address published on the Buy Token page of our website. Never send ETH to any address other than what we publish on the Buy Token page of this website. The exchange rate is updated for each investment during Token sale ( We use Etherscan.io for ETH exchange rate).

During the pre-sale, tokens can be bought only through the links provided on our website https://xpetroleum.com

Pre-Sale Start: 12th February 2019–08:00 UTC

Pre-Sale End: 14st March 2019 –18:00 UTC

Bonus Percentage: 35%

Accepted Currencies: only ETH.

Exchange Rate: 1 XPL = $0.15 USD (Based on https://coinmarketcap.com ETH/USD pair)

Minimum Purchase: 0.1 ETH

TOKEN INFORMATION

Token name: Xpetroleum

Token symbol: XPL

Standard: ERC20 (Ethereum)

Decimal: 8

Total Token Supply(max): 80,000,000 XPL

TOKEN DISTRIBUTION

62% Allocated for Token Sale

15% Allocated to Team And Founders

8% Allocated to Marketing

9% Allocated to Bounty

6% Allocated to Airdrop

FUND DISTRIBUTION

40% Allocated for Research and Development

20% Allocated to Administration & Operations

20% Allocated to Marketing

10% Allocated to Partnership

6% Allocated for Hire Employee

4% Allocated to Legal And Complainces

Why Choose XPetroleum?

Decentralized Currency — XPL is a peer-to-peer, next-generation oil platform token with an average transaction time of few seconds!

Cost and speed — XPetroleum will have nearly instant transaction times and reduced cost of transactions.

The world’s largest sector — Oil industry is the sector with the world’s largest demand. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion

Safe and Secure — ERC20 is the token standard of the Ethereum smart contracts platform.Transactions are guaranteed and secure.

Eliminates the Third Party — XPetroleum eliminates the dependency on third party intermediaries in all major oil sectors.

Locked Team Tokens — The team tokens will be locked using the smart contract for 2 years.

Which wallets can be used to store XPL?

XPL is an ERC20 token, and can be stored in ERC20 compatible wallets.

How will I receive my bonus tokens?

We will be given to you automatically into the wallet you bought tokens from in the Main Sale.

How can I buy your tokens?

During the public sale, tokens can be bought only through the links provided on our website https://xpetroleum.com

How much will the token cost?

XPL token will cost $0.15 USD.

What exchanges will list the XPL token?

We will announce the official listing into the exchanges after Main Sale.

What will happen to unsold tokens?

The unsold tokens will be burned.

Questions or Concerns?

If you’ve got a question about XPetroleum, a problem we can sort out, or some feedback that would help us get better, we’d love to hear from you. All questions and inquiries will bе attended tо in a professional mаnnеr.

Team