Permian ICO review, all information about token sale Permian (XPR) | ICORating
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Permian

Investment

Overview

Permian Token ( XPR ) Democratizes direct oil investments by eliminating the high entry fees and layers of bureaucracy that historically been a barrier to entry.

Features

The PERMIAN Token ( XPR ) will be listed on crypto exchanges where the PMN will be liquidated and traded.

Each PMN Token will be equivalent to one barrel of oil. Holders of PMN Tokens could redeem their PMN for fiat currency based on the production of oil and offtake of oil barrels.

Redemption is not guaranteed. However, PMN tokens will be listed on crypto currency exchanges should PMN holders require immediate liquidity based on listing prices.

 With this in mind the intention is to increase PMN participants’ token value and the Return on Investment (ROI) as PERMIAN tokenize proven oil reserves with the PMN Token.

Crowdsale

Token Sale
ICO start date 01 Sep 2018
ICO end date 01 Oct 2018
ICO token supply 8,000,000,000
Legal
Country Limitations China, Singapore, United States
Token details
Ticker XPR
Type Utility-token
Additional Token Emission No
Accepted Currencies

USD

ETH

Bonus Program

Pre-ICO: 

  • $5,000 - 10% discount
  • $10,000 - 15% discount
  • $20,000 - 20% discount
  • $40,000 - 25% discount
  • $50000 & above - 30% discount

ICO: 0% discount

Token distribution

80% - Total Tokens Offered

10% - Treasury Reserves

5% - Team Reserves

2.5% - Advisor Reserves

2.5% - Bounty Program

Funds allocation

50% - Blockchain Development

44% - Proven Oil Reserves

3% - Research & Development

2% - Human Capital & Adminstration

1% - Marketing & PR

Ratings

Type of ratings
Rating
Status
Risk score
NA
Active

Team members

Name
Position
Score
Social
Founder & Chief Executive Officer
NA
Head of Business Development
NA

Advisors

Name
Position
Score
Social
Advisor
NA
Advisor
NA
Advisor
NA
Cyber Security & IT Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Low
Risk score Info NA
Permian ICO Contacts
More on ICO

Ended

Start ICO 01 Sep 2018
End ICO 01 Oct 2018
Token XPR
Price 1 XPR = 0.1 USD
Minimum investment 100 USD
Product Type Asset
KYC No
Country Limitations China, Singapore, United States
Whitepaper View
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