Proton Rank 374
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628,901,782 XPR

Proton
Proton
XPR

Proton Price
$ 0.0167

Proton 24h Vol
$876,448

Proton Market Cap
$10,476,579

24h Vol
95 BTC
1 H
-0.02 %
24 H
-0.53 %
7 d
1.91 %
Today Proton price in US dollars is currently 0.0167 USD, and if converted to Bitcoin is 0.00000180 BTC. A total of 628,901,782 XPR are currently circulating in the Market. Proton price is currently experiencing a change of -0.53 %, and check here all cryptocurrency. Over the past 24 hours 0.009 M US dollars Proton have been traded on Crypto Exchanges. Get Proton's progress by adding it to your favourites and creating a free portfolio.
Full Name
Proton
Symbol
XPR
Algorithm
ETH Token
BTC Price
0.00000180 BTC
BTC Market
1,132 BTC
BTC 24h Vol
95 BTC
Total Coins Mined
628,901,782 XPR
1h
-0.02 %
24h
-0.53 %
7d
1.91 %
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Description

Description


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 the 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 the preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain for a digitized store of value. We now have a chance to break out 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 the ADGM Conduct of Business (COBS) Module.

ICO Details

ICO Details


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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 the 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 the preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain for a digitized store of value. We now have a chance to break out 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 the ADGM Conduct of Business (COBS) Module.

Team:

  • Mohamed El-Masri: Founder & Chief Executive Officer. 
  • Michel Henriquet: Co-Founder. 
  • Roger Muniz: VP, Oil & Gas. 
  • Michael Pickens: Independent Director, Oil & Gas. 

Permian ICO began on September 1, 2018. The ICO token supply represents 10% of the total token supply, so there is a total of 1,000,000,000 XPR tokens available, for 0.10 USD each. The ICO funding target is 25,000,000 USD, the funding cap is 100,000,000 USD and is expected to end on November 30, 2018 or when the funding cap is reached.

Token Reserve Split (90%):

  • 80% Treasury Reserves;
  • 5% Team Reserves;
  • 2.5% Advisor Reserves;
  • 2.5% Marketing Program.
ICO Status Finished
Token Supply 10000000000
Start Date 2018-09-01
End Date 2018-11-30
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.10
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction United Arab Emirates
Legal Advisers N/A
Blog https://medium.com/@permianproject1
White Paper N/A

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