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OilWellCoin

ICO Ended
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OilWellCoin is the first project in the world aimed at solving the problem of financing and developing the oil industry on the basis of blockchain technologies. It is created by a group of professionals with more than 40 years of experience in oil exploration, software development, and law.

The basis of the project is the OilWell platform, which is created to promote the liberalization and transparency of processes in the oil product market.

The strategic goal of the OilWell project is to implement innovative blockchain-based financing mechanisms in the oil production, refining, and marketing industries, which will reduce the threshold for investors to enter the business and increase capital inflows into the industry. OilWell platform will allow anyone to become a member of the oil business.
8.9
TOTAL SCORE
8.8
ICO PROFILE

(weight: 45%)

9
SOCIAL ACTIVITY

(weight: 35%)

9
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Pre-sale Time: 22 Mar 2019 - 24 June 2019
ICO Time: 08 July 2019 - 09 Dec 2019
Whitelist/KYC: Whitelist + KYC
Country: Singapore
Token info
Ticker: OILD
Platform: Ethereum
Token Type: ERC20
Available for sale: 13,000,000 OILD (84%)
Total supply: 16,000,000 OILD
Financial
ICO Price: 1 OILD = 5 USD
Accepting: BTC, ETH, LTC, DASH, BCH
Soft cap: 10,000,000 USD
Hard cap: 50,000,000 USD
Bonuses: 50% at pre-sale
Q3 2017
Obtaining a license to develop a site owned by the company.
Q4 2017
Collection of geological and technological materials for the analysis and subsequent development of the production plan.
Q1-2 2018
Preparation of production plan and development of project documentation.
Q2-3 2018
Improvement of the concept to the platform of financing and development of the oil production and refining industry based on blockchain technologies.
Q4 2018
Passing the state examination. Registration status and registry gift certificates. Start of sales of discount certificates.
Q1 2019
Sale of discount certificates and the decision to choose one of the scenarios of the project. Start The Certificate Management System.
Q2 2019
Purchase and supply of equipment and special equipment for repair and restoration works and testing of oil horizons in previously drilled wells. Capital construction within the production zone (in-field oil pipelines, oil collection and treatment point).
Q3 2019
Performance of repair and restoration and preparatory works. Geological exploration: seismic exploration; drilling exploration and production wells. Testing of oil horizons in existing wells.
Q4 2019 onwards
Commercial exploitation of the field and further development of the platform.
Last screenshot taken on 16 Feb 2020
OilWellCoin ICO
Screenshots taken on 25 Mar 2019
Alan Kokaev
CEO
Takes part in this project only
Magomed Khadisov
CFO
Takes part in this project only
Musa Jamalkhanov
CPE
Takes part in this project only
Sarkis Darbinyan
Lawyer
Takes part in this project only
Batrbek Kusov
CPG
Participates in a number of projects
Artemy Soldatenkov
CBDO
Takes part in this project only

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