Permian

Tokenizing Proven Oil & Gas Reserves on Legacy Assets

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PRE ICO Past ICO

Finished before 73 days

Time: 01.08.2018 - 01.09.2018

PROJECT DESCRIPTION

The Permian Token is here to revolutionize the Oil exploration and production industry. Leveraging the power of blockchain technology to monetize proven undeveloped oil reserves starting with the 67.5 million barrels in the Permian Basin. By developing the PermianChain we can efficiently make use of Proven oil reserves without extracting it, by utilizing the economic-value of oil reserves yet to be produced with cryptographic smart-contracts. The Permian Chain will allow oil producing economies or oil suppliers to use the technology to tackle deficits and overcome any shortfalls in growth.

TOKEN DETAILS

  • Token Name PMN
  • Platform and Token Type ERC20
  • Price per token PMN = 0.1 USD
  • Hard cap 65,000,000 USD
  • Soft cap 5,000,000 USD

TEAM

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Mohamed El-Masri Founder & CEO
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Amin Kazoura Head of Cyber Security & IT
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Anthony Daniel Marketing Executive
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Nazim Baghirov Business Development Officer
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Muhammad Amir Shaikh Senior Web Developer
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