PermianChain is a blockchain enabled FinTech startup company offering a Platform-as-a-Service (PaaS) for exploration & production companies (upstream) to launch their own Security Tokens against their proven oil campaigns. PermianChain also provides upstream and midstream companies a solution to trade commodities under a Closed-Loop-B2B-Exchange for more efficient and transparent trading.

ICO Status

Status
Ongoing
Symbol
XPR
Start Date
2019-02-07
End Date
2019-05-31
Soft Cap
1,500,000 USD
Hard Cap
32,000,000 USD
Initial Price
0.1000 USD
Token Supply
1,000,000,000
ICO Website Owner of Permian?
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Basics

PlatformEthereum
TypeERC20
AcceptingBTC, ETH, Fiat
Circulating Supply10%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

PermianChain is focused on solving the high barriers to entry in oil & gas investments while bringing increased liquidity to the industry. Many private oil and gas opportunities are structured with premiums and upfront fees. That means the advisors and brokers make most of the profit by just placing investors’ money in the deal. Not only does this mean fewer of each investor’s dollars go into the deal than in other structures, it means the offering company’s motivation is to fill the deal fast for fast profits. PermianChain solves the stagnation in private equity oil investments and allows for a more secure, transparent and liquid approach to investing in proven reserves.

Team View All

Gagandeep Singh
Gagandeep Singh
Advisor
Habib Huseynzade
Habib Huseynzade
Challenger Drilling Engineer, BP
Michael C. Creadon
Michael C. Creadon
CEO, 4Rev.com
Michael Pickens
Michael Pickens
Founder, Battiest Energy
Mohamed El-Masri
Mohamed El-Masri
Founder & CEO, Permian.io
Nazim Baghirov
Nazim Baghirov
Head of Business Development