PETROLEUM believes that having access to financial services can create economic opportunities and improve lives.
PETROLEUM was established with a mission to enable people to securely offer and access financial services, as well as exchange and spend digital assets anytime and anywhere.
PETROLEUM aims to enable instant, peer-to-peer transactions in real-time, facilitating financial services across geographies, asset classes, and applications.
Industry networks become more complex as the number of participants in them increases. They also reorganize constantly through restructuring initiatives, mergers, acquisitions or regulatory actions.
Assets, goods and services are exchanged within these supply chain networks, and value is created through transactions governed by contracts. For a network to function properly, transactions must be recorded accurately in a system of record and be accessible to all participants. This system of record is often referred to as a ledger even though it is usually a digital record.
PETROLEUM is the first oil utility token based on Blockchain Ethereum.
The total value of 2,000,000,000,000 OIL tokens is equal to the sum of world oil reserves.
Each month, the right amount of OIL tokens will be burned, corresponding to the monthly oil consumption in the world.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.