
OilXCoin
OilXCoin is an RWA+ token backed by gas and oil reserves and their value chains.
ICO Details
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
Dave Rademacher
Head of Strategy
Sean Noonan
Head of Finance
Glenn McColpin
Head of Oil & Gas