OilXCoin ICO

OilXCoin

OilXCoin is an RWA+ token backed by gas and oil reserves and their value chains.

ICO Details

Status
Upcoming
Starting date
April 23rd, 2025
Ending date
May 13th, 2025
Whitelist
No
Token Sale Hard Cap
$ 10,000.000
Token Sale Soft Cap
$ 500,000
Token Symbol
OXC
Token Type
Ethereum
Token Distribution
The max cap is: 60,000,000 OXC (including post ICO sales)
Initial Token Price
0.85 USD (ICO Start) 1.00 USD Final
KYC
Yes
Participation Restrictions
All jurisdictions sanctioned by the European Union, Switzerland, and the United States are restricted.
Accepts
ETH, USDC, USDT
Features

OilXCoin (OXC) is a “contractual based investment token” whose underlying assets are tangible oil&gas (O&G) reserves and their value chains.

As an RWA, OilXCoin aims to facilitate access to commodities, enhancing accessibility, liquidity and transparency to an often inaccessible financial market.

OilXCoin finances the acquisition and development of underdeveloped, primarily conventional, O&G reserves, partnering with experienced producers to extract crude oil and gas for sale to refineries.

What makes OilXCoin unique is, that in contrast to other asset back tokens that are a peg to a commodity, OXC is a security which allows token holders to participate in the asset’s value growth, but also gain exposure to the O&G upstream.

The token’s capped supply, complimented by a reinvestment strategy which is also financed from transaction fees, aimed at expanding the underlying assets and boosting extraction capabilities of O&G reservoirs, further strengthens long-term value potential for investors

Core Team


Dave Rademacher
Head of Strategy


Sean Noonan
Head of Finance


Glenn McColpin
Head of Oil & Gas