OilXCoin (OXC) is an investment token backed by tangible oil and gas (O&G) reserves and their upstream value chains. As the first asset backed value chain digital asset on the market, it offers token holders a growth-focused, regulated crypto investment opportunity as a Real World Asset+ Coin.
As with other RWA Coins, OilXCoin aims to facilitate access to commodities, enhancing liquidity, accessibility and transparency to an often inaccessible financial market.
It generates funds through multiple independent yet complementary streams, namely, sales generated in the O&G upstream and OXC transaction fees incurred through the trading of the token.
The issuer -DeXentra GmbH - finances the acquisition and development of primarily conventional, underdeveloped O&G reserves, partnering with experienced producers to extract crude oil and gas for sale to refineries.
Revenues from these operations, along with transaction fees, levied for on chain transactions using the OXC smart contract, are reinvested into the token to further enhance its value.
This business model not only enhances financial confidence for investors by allowing the business to generate value from multiple sources, but it also creates synergies that bolster overall business resilience and growth potential. OilXCoin strives to be a resilient, innovative investment opportunity in both the traditional energy and digital asset markets, ensuring long-term value generation and robust investment security.
Circulation amount of OXC
The amount of OXC in circulation is dependent on ICO sales and the amount of claimed tokens from NFT sales. DeXentra, as the issuer of OXC, will continue to introduce further tokens into the market as the value of the token increases. The maximum number of tokens which can ever be in circulation is capped at 100 Million.
How Is the OilXCoin Network Secured?
The OilXCoin network is secured through a combination of robust blockchain technology, regulatory compliance, and advanced security features:
By combining blockchain technology, rigorous audits, compliance with financial regulations, and integrated AML features, OilXCoin establishes a secure and trustworthy ecosystem for its users and stakeholders.
Q1/Q2 2023 Foundation and Preparation
Q3 2023 Technical Development and Legal Framework
Q4 2023 NFT Launch Preparations
Q1 2024 "Pre-Sale" Launch of NFT
Q2 2024 Expansion and Regulatory Activities
Q3 2024 Smart Contract Ecosystem
Q4 2024 Submission of Prospectus
Q1/2025 Approval of Prospectus by the FMA
Q2/2025 ICO & Token Launch
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