Permian

Permian

Oil Digitized

Permian Token (XPR) aims to capitalize on the world’s fossil fuels by turning oil exploration and production campaigns into investable digital-assets. Permian Holding is now launching its private placement to accredited investors for the issuance of the Permian Token; a Shari’a Compliant digital asset which represents equity in proven oil reserves that are held by Permian Holding and registered on the PERMIAN platform; a blockchain based platform that will focus on listing digital assets that represent investments in oil reserves. It is expected that XPR will become a critical instrument for the preservation of wealth and an ever-expanding range of liquidity for upstream investment activities using blockchain technology. ‘X’ as a standard ISO 4217 code for non-country currencies and the letters ‘PR’ which stand for Proven Reserves, hence the Permian Token (XPR).

About Permian
Short Brief about Permian ICO Startup with a score of 5.9, and this report was written on 1 September, 2018.
Take note that the information you see right now may change.

ICO Startup was in process at 1 September, 2018

Initial Coin Offering END DATE was 1 September, 2018

ICO Startup has chosen Ethereum token staging.

Company has 3 consultants.
Brett Jankowski.


Han-Gwon Lung (Co-Founder & CEO at Tailored Ink).
Team
CEO & CFO, Pecunio VC Fund
Senior Data Scientist
Blockchain Developer
Blockchain Development Lead
Founder & CEO, Permian.io
Marketing Executive
Cyber Security & IT Advisor
Head of Business Development
Senior Web Developer
Digital Marketing Executive
Marketing Executive
Business Development Executive
Senior Web Developer
VP, Oil & Gas
Challenger Drilling Engineer, BP
Founder, Battiest Energy
Investor Relations
advisors
Vice President, The Crypto Reserve
CEO & Founder, FMW Media Works Corp and Producer of ``New to the Street`` & ``Exploring the Block``
President, New To The Street T.V. and Founder of ``Exploring The Block``
Milestones
Q1 2020 - Q2 2020
Secure partnership with petrol stations globally to accept Permian Token as a form of payment. Create 'PermianCard' for the XPR community to use as payment at gas stations globally.
Q3 2019
Integrate real-time video tracking of oil well drilling on the PermianChain platform allowing users and investors to track investment activity and development progress.
Q2 2019
Open submission for upstream exploration & production companies to list their proven oil reserves fir the future issuance of Security Tokens on the PermianChain platform.
Q1 2019
Deploy capital towards approved oil campaigns with over 2,000,000 Barrels of Oil Equivalent (BOE) in proven reserves.
January 2019
Finalizing all disclosure documents for investment process and filing with regulators for Private Placement Offering and Security Token Offering (STO). Produced dedicated hard vaults for storing Permian Tokens (XPR) for secure transaction process. Signed Memorandum of Understanding (MoU) with Schedule 1 licensed bank in Canada for digital custody integration on the PermianChain Platform. Received Shari'a Certification to recognize the PermianChain and Permian Token (XPR) as compliant with Shari'a law and ethical investment practice.
December 2018
Commence due diligence on already identified proven oil campaigns. Finalized developer training with IBM Hyperledger Fabric team for MVP development.
October - December 2018
Completion of PermianChain platform prototype, commencing of MVP development stages and appointing global legal specialists for review and finalizing of all disclosure documents and regulatory requirements.
September 2018
Completed Permian.io website with new branding, new message and a newfound mission to digitize the world's proven natural reserves. Started the Technical White-Paper, Technical Architecture and technical development roadmap for the PermianChain platform.
August 2018
Partnered with Gulf Energy Corporation Limited to establish quality deal-flow and operational know-how in oil & gas exploration & production campaigns. Appointed Blockchain Developer Lead to start the PermianChain prototype and MVP stages.
June - July 2018
Deployment of Permian Token (XPR) smart contract as ERC20 token on the Ethereum network.
May 2018
Developed the Permian Token (XPR) Dashboard and e-Wallet
Financial
token info
Token Name XPR
Token Platform Ethereum
Token Total Supply 10,000,000,000 PMN
Token Amount For Sale 1,000,000,000
Preico Token Price 1 PMN = 0.7 USD
Ico Token Price 0.1000 USD
Ico Token Supply 10%
investment info
Fundraising Value Unknown
Personal Cap Min 100,000 USD
Accept Currencies BTC, ETH, Fiat
Soft Cap 1,500,000 USD
Hard Cap 32,000,000 USD
Restricted Areas USA
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