OilXCoin logo
Website

OilXCoin (OXC)

ICO
Upcoming
Token sale: Apr 23, 2025 – May 13, 2025

OilXCoin (OXC) is an investment token backed by tangible oil and gas (O&G) reserves and their upstream value chains. It offers token holders a growth-focused, yet resilient digital investment opportunity as a RWA+ Coin.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryRWA
Project ecosystemEthereum Ecosystem
Product typePlatform
FoundedSwitzerland
WhitepaperOilXCoin White Paper Open

What is OilXCoin

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.

Details

Public sales: Apr 23, 2025 - May 13, 2025
Token supply: 100,000,000 OXC

Legal

Blockchain Platform: Ethereum
Registration country: Switzerland
Registration year: 2023
Office address: Landis + Gyr-Strasse 1 6300 Zug, Switzerland

Token info

Ticker: OXC
Token standard: ERC20
Token distribution:
Public Offering - 60%
NFT Holders - 20%
Founders - 8.2%
Early Supporters - 1.58%
Future Employees - 3.92%
Service Providers - 3.51%
Future Recommendation Programs - 2.79%

OilXCoin Roadmap

1
Q1/Q2 2023 | Foundation and Preparation
  • Developement of OilXCoin whitepaper (vision, strategy, technical aspects)
  • Begin of asset base creation (identifying, auditing and securing of natural gas and oil reserves)
  • Compliance setup and formulating of legal agreements
2
Q3 2023 | Technical Development and Legal Framework
  • Detailed market research
  • Smart contract & NFT design
  • Further securing of OIP/GIP reserves
  • Begin of regulatory preparations with Lenz & Staehelin law firm
3
Q4 2023 | NFT Launch Preparations
  • Founding of the company’s legal presence in Zug, Switzerland
  • Commencing of website development
  • Execution of smart contract audits for the NFT
  • Identification of business partnerships (O&G and crypto)
4
Q1 2024 | "Pre-Sale" Launch of NFT
  • Implementation of KYC process and payment method to facilitate sales
  • Launch of restricted website and begin of private NFT placement for select investors in Switzerland, Austria, Germany and Italy
  • Begin of prospectus drafting for submission in Liechtenstein (with passporting to select European jursidictions)
5
Q2 2024 | Expansion and Regulatory Activities
  • Begin of restricted NFT 506(b) placement for accredited investors in the US
  • Enhanced website features
  • Continuing of regulatory preparations and drafting of required legal documentation
6
Q3 2024 | Smart Contract Ecosystem
  • Expanding of business partnerships
  • Finalization of smart contracts ecosystem
  • Begin of implementation of marketing strategy
  • Signing of MOUs and/or Participation Agreements for O&G leases in escrow
7
Q4 2024 | Submission of Prospectus
  • Completion of token launch strategy
  • Onboarding of additional finance competency
  • Integration of Jumio / TrustCloud to improve UX for KYC
  • Submission of the prospectus to the FMA in Liechtenstein
8
Q1/2025 | Approval of Prospectus by the FMA
  • Termination of restricted NFT 506(b) placement for accredited investors in the US
  • Onboarding of additional coding competency
  • Execution of smart contract audits for the token
  • Commencing of “general solicitation” in select jurisdictions
9
Q2/2025 | ICO & Token Launch
  • Execution of ICO for select European jurisdictions and as a restricted 506(c) placement for accredited investors in the US
  • Begin of public circulation of the token
  • Addressing of escrow(s) to form asset base
  • Preparation to commence the SEC approval process

Project team

Dave Rademacher
Dave Rademacher
Head of Strategy
Dave Rademacher linkedin
Glenn McColpin
Glenn McColpin
Head of Oil & Gas
Glenn McColpin linkedin
Sean Noonan
Sean Noonan
Head of Finance
Sean Noonan linkedin

Social media

OilXCoin web-siteOilXCoin TelegramOilXCoin InstagramOilXCoin LinkedInOilXCoin X (Twitter)OilXCoin Github

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published

Data Loading...