Permian
Oil Digitized. PermianChain tokenizes Oil to support Permian Token (XPR) related assets and operations. PermianChain will be used by upstream companies to fund their oil campaigns and by midstream companies to secure proven reserves via blockchain. XPR enables digital transfer of underlying assets value in the form of digitized value of oil. Thus, allowing the utilization of XPR's substantial physical & proven reserves as a means to facilitate commercial and consumer transactions around the world. As a reserve-based digital currency, XPR will become a critical instrument for preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain for digitized store of value. We now have a chance to breakout from the traditional way we have done things in the oilfield and redesign the model for the future. This is a direct equity offering and may only be provided to Professional Clients as defined in Section 2.4 of of the ADGM Conduct of Business (COBS) Module.
START ICO
01.09.18
FINISH ICO
30.11.18
I've invested at Permian and feel scam here now

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ICO
Date iCO
01.09.18 / 30.11.18
Project symbol
XPR
Country
United Arab Emirates
Link to website
ICO token price
0.100000 USD
Soft cap
25 000 000 USD
Hard cap
100 000 000 USD
Category
Cryptocurrency
Energy
Artificial Intelligence
Investment
Platform
Accepting
ETH
BTC
Fiat
Restrictions in accepting investments from investors of the following jurisdictions
Singapore
China
USA
SCROLL
THE STRIP

Utilizing the economic-value of oil supply via blockchain to monetize proven undeveloped oil reserves. The Permian-Chain technology funds the acquisition of proven undeveloped oil supply to generate early revenues for suppliers and provide higher discounts to buyers. Democratizing the oil & gas direct investment sector in a crypto-economy. The Permian Token (PMN) establishes an open, secure, transparent direct investment oil & gas ecosystem powered by Blockchain technology and the application of cryptography as a digital token. Over 2.0 trillion barrels of oil recoverable globally. The world has 70 years of oil left at today’s production rate of 30 billion barrels per year. Compared to the 1,300 billion barrels produced around the world in history.

TEAM
Han-Gwon Lung
Co-Founder & CEO at Tailored Ink
Dan Foley
Co-Founder & CEO at Crypto Copywriters
Habib Huseynzade
Challenger Drilling Engineer, BP
Michael C. Creadon
CEO, 4Rev.com
Stephen Simon
CEO & Founder, FMW Media Works Corp and Producer of ``New to the Street`` & ``Exploring the Block``
Vince Caruso
President, New To The Street T.V. and Founder of ``Exploring The Block``
Qusai Sharef
Advisor
Reinhard Berger
CEO & CFO, Pecunio VC Fund
ADVISORS
Mohamed El-Masri
Founder & CEO, Permian.io
Nazim Baghirov
Head of Business Development
Roger Muniz
VP, Oil & Gas
Paresh Masani
Blockchain Development Lead
Sagar Jobanputra
Web Designer
Manan Jobanputra
Blockchain Developer
I've invested at Permian and feel scam here now

If you suspect fraud, it is better to bring it to the attention of the law enforcement authorities. With ICO frauds, every day counts because fraudsters can sweep up the evidence.

Feel free to contact us:
We will help you to find the data about fraud (rate $ 30 per hour). In the future, you can submit this report and the case to any competent lawyer. An example of a research report is available here.

Consult us free of charge about collecting debts from an ICO project bubnov@forensictokenlab.com or via telegram @ICO_Forensic_NOW
We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.