XPetroleum

peer-to-peer generation oil platform

XPetroleum is a hypermodern oil phase that depends on the blockchain Ethereum with a sharp contract. XPetroleum builds one of the biggest oil economy trusts on the Blockchain. XPetroleum will change the oil trade and make it easy. The oil industry is one of the most fundamental markets in the world, the estimated oil showcase is $ 1.7 trillion. The Blockchain offers many highlights to make work in offices more competent: transparency, financial exchange, execution of contracts based on execution, track-origin for legitimacy, security, cost and time. The aim of XPetroleum is to reach the Xpetroleum Oil Company because XPetroleum is a very good company. At that time, XPetroleum will start leading

different oil exercises. Oil is a general term for oil and gas gasoline. Oil is the most critical fuel in the world and supports our exclusive life expectancy. When providing convenience and opportunities from development and urging to provide a framework. Oil is a derivative of petroleum. Regular oil is called petroleum or crude oil. It is known as a non-renewable energy source because it was designed from the remnants of small marine plants and creatures that kicked buckets years ago. When plants and living things continue, he sinks to the bottom of the ocean. Here they are covered with a large number of sand feet and remains, which turn into rocky sediments. When the layers came out, they squeezed harder at the rotting inn on the base. Weight and some heat change the remaining part and finally the oil is formed. Oil kiosks are vibrations that can be penetrated by water, almost as if water is collected in a damp cloth. When crude oil leaves the ground, it can be as thin as water or as thick as tar. Oil is known as a source of vitality that cannot be renewed because it requires many years. XPetroleum cannot save new oil.

The importance of XPetroleum

The importance of the XPetroleum project lies in the area that wants to be improved – the oil industry. As already said, everything around us is somehow produced or sent thanks to oil, without it, cars and buses cannot drive, they need internal combustion engines, they make a lot, many other things from rubber, plastic, polyethylene. What can I say, if in some countries oil is the main source of state and people’s wealth.

The importance of natural substances is also supported by figures, because the oil market is estimated to reach $ 1.7 trillion per year, this is only an extraordinary number that shows high demand, an extraordinary number of participants in this market and infrastructure developed to meet the needs of this industry. Just like that XPetroleum will improve, starting from the extraction, shipping and processing stages of crude oil into finished products. XPetroleum uses blockchain technology to offer a very different market possibility, which can significantly reduce shipping and refining costs, increase trust among market participants the level of security in oil transactions and all of this on a single platform from XPetroleum.

To better imagine the load taken by the XPetroleum project, it is necessary to compare the volume of oil markets with other markets, such as the oil market of around 1.7 trillion dollars a year, gold market of $ 170 billion, iron $ 115 billion, iron $ 115 billion, aluminum $ 90 billion As you can see, the oil market is much bigger than other markets.

Benefits offered by XPetroleum

Digital ecosystems and currencies : The XPetroleum Ecosystem is the next peer-to-peer generation oil platform with the aim of completing transactions in seconds through the influence of its digital currency “XPL”.
Minimum transaction fees : You can do as many transactions as you want at certain times on the XPetroleum platform without having to worry about returning a few dollars.
Transaction security : Through the influence of Ethereum-based smart contracts, there is no reason to worry about the security of funds.
Elimination of third parties: By becoming a peer-to-peer platform, XPetroleum seeks to make both parties doing business communicate directly with each other while eliminating the influence of third parties that attract additional costs.
Locked team tokens : Tokens allocated to team members will be locked with a smart contract for a period of two years. This will allow investors to generate as much profit as possible from the investment.

The Tokenomics of XPetroleum
Token that functions as a currency in the XPetroleum ecosystem has a “XPL” ticker. The total supply of XPL tokens is 80 million and will have an initial price of $ 0.15 per token. The minimum investment amount has been set at 0.1 ETH and the date of commencement of sales of tokens will be announced.

Conclusion
Because the demand for crude oil continues to increase, the XPetroleum project will come at the right time to increase efficiency in the industry.

roadmap