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Oil has become the world’s most important source of energy since the end of World War II. Oil is a lever for economic and social development in the twenty-first century, because it brings in hard currency from abroad and because, linked up with other industries, it is a good that can increase its value importantly, creating many jobs.

Oil's essential significance lies in the way that it is an extremely versatile and ground-breaking source of energy. There are numerous other energy sources that we routinely use, including kindling, coal, and hydroelectric and atomic producing stations. These sources have their advantages and disadvantages. A perfect and inexhaustible source of energy, would absolutely be the most desirable. A perfect and sustainable source of energy, Oil is a non-inexhaustible source of energy.

But the energy industry has its share of challenges. Challenges that could be greatly reduced if not eliminated by greater efficiency and transparency. But to get there, the industry must pivot from outdated trading platforms and less-than-secure documentation to technology that can bring the industry more completely into the digital age.From secure distributed ledgers to smart contracts, blockchain is becoming essential in many industries.

Securing and simplifying energy trading, billing and payment.
Managing unwieldy, complex supply chains.
Responding to regulation requiring massive documentation.

Blockchain has demonstrated its value in financial services and now presents a significant opportunity to drive savings in oil and gas—especially for oil and gas companies with substantial transportation expenditures. These companies process thousands of freight transactions each day, and reconciling their shipment invoices against services with proper remittances is both laborious and costly. Blockchain has the potential to significantly reduce discrepancies in the process by enhancing transparency and improving accuracy in freight rates, shipment routing and invoice generation.

XPetroleum team is building one of the largest trust oil economy in the Blockchain. XPetroleum will revolutionize the oil industry and make it transparent. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion.

XPetroleum is a next-generation oil platform based on the Ethereum blockchain with smart contracts. The XPetroleum team is building one of the largest trust oil economy in the Blockchain. XPetroleum will revolutionize the oil industry and make it transparent. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion. Blockchain offers many features to make back-office work more efficient: Transparency, Financial transactions, Enabling performance-based contracts, Track provenance for authenticity, Secure, Cost and Time.

Why choose XPetroleum?

Decentralized Currency

XPL is a peer-to-peer, next-generation oil platform token with an average transaction time of few seconds!

The world’s largest sector

Oil industry is the sector with the world’s largest demand. The oil industry is one of the most essential markets in the world, oil market size is $1.7 trillion.

Cost and speed

XPetroleum will have nearly instant transaction times and reduced cost of transactions.

Safe and Secure

ERC20 is the token standard of the Ethereum smart contracts platform.Transactions are guaranteed and secure.

Eliminates the Third Party

XPetroleum eliminates the dependency on third party intermediaries in all major oil sectors.

Token Sale and ICO Details

The XPetroleum token sale event allows participants to contribute to XPetroleum and receive XPL tokens. The maximum XPL token supply is 80 million tokens.

XPL is an ERC20 token that serves as currency on XPetroleum platform.

During the Token Sale, the Token exchange rate will be as follows:

1 XPL = $0,15 USD.

The minimum purchase amount is 0.1 ETH.

Early contributors of XPetroleum received a 35% bonus during the Pre-Sale round.

All unsold tokens will be burned at the end of the ICO.

All Tokens will be of equal value and functionality.

To buy XPL tokens you will need to send a desired amount of ETH to the Ethereum Smart Contract address published on the Buy Token page of our website.

Never send ETH to any address other than what we publish on the Buy Token page of this website. The exchange rate is updated for each investment during Token sale ( XPetroleum uses Etherscan.io for ETH exchange rate).

XPL Token Specification