Oil Well Coin
Earn on oil
without leaving home
Liberalization of the oil market
based on blockchain technology
OILWELLCOIN MAKES A REVOLUTION ON THE OIL MARKET
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 created by a group of professionals with more than forty years of experience in oil exploration, software development experts and professional lawyers. The basis of the project is the OilWell platform, which is designed to promote the liberalization and transparency of processes in the oil product market. The strategic goal of the OilWell project is to introduce innovative blockchain-based financing mechanisms into 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.
Oil
licensed
areas
To implement the plans of OilWell, the project team launches a blockchain platform that will create the necessary infrastructure for the development of the production, sale and transportation of oil operating with cryptoactive assets. Platform users will have the opportunity to purchase certificates issued by the OilWell group of companies that provide the right to a discount on the purchase of oil produced from the funds raised from the sale of these certificates.
Blockchain
Issuing of OILD tokens is regulated by Russian and international law, in connection with their binding to electronic discount certificates of an unlimited period of validity, upon presentation of which, within the framework of the OilWellCoin platforms, one can receive a discount when buying goods - oil. If the holder of tokens does not buy the oil produced, he will be able to sell the token in the free market to interested parties.
How it
works
For the operation of the system 2 types of tokens will be produced:
ERC20 token - WLC, produced on the basis of the Ethereum platform, involved in the sale of tokens during the period of free Token Sale.
The token-asset is a “virtual certificate” on the blockchain platform izzz.io, which will be used as a safe and trusted repository of information about issued paper obligations - certificates that provide discounts. To receive a discount when buying oil, you will need to obtain a paper certificate by submitting a virtual certificate to the company's information system. You can get virtual certificates by exchanging them on the WellOil platform for WLC tokens.
Project presentation
Stream from the oil producing area
TEAM
Alan Kokaev
CEO
For over 25 years in the management of various large companies in the oil and gas industry, he has also been the creator and manager of several large investment projects in this area in the Russian Federation.
Magomed Khadisov
CFO
Behind the shoulders of Magomed serious experience of state and government projects, starting the oil industry and ending with regional management in the framework of the FIFA World Cup 2018.
Musa Jamalkhanov
CPE
Drilling management from Western Siberia to Iraq. Under his leadership, a technology has been developed for drilling wells with a depth of more than 4,800 meters, a field with an annual oil production volume of more than 75 thousand barrels per day.
Sarkis Darbinyan
Lawyer
A lawyer practicing cyberlaw, managing partner of the Center for Digital Rights, member of the supervisory board of the Internet Support Foundation. He has extensive experience in ICO support and blockchain project activities.
Batrbek Kusov
CPG
Mining engineer-geologist.
Candidate of Geological and Mineralogical Sciences; Corresponding Member of the Academy of Natural Sciences. 50 years of experience in the oil industry and many years of experience in the position of chief geologist of leading companies in Russia and the CIS.
Artemy Soldatenkov
CBDO
For more than 15 years of experience in the industry and B2B sales, Artemy managed to work in corporations such as Ericsson, Veon (ex-Vimpelcom), NAT and Schneider-Electric, and also created several of his own startups. For the last 5 years he has dedicated to advising young entrepreneurs and blockchain and IoT developers.
ROADMAP
Based on the production plan, the OilWellCoin project team has developed a roadmap for the project (Roadmap):
Obtaining a license for the development of the company's owned plot
Collection of geological and technological materials for analysis and subsequent development of the production plan
Drawing up the production plan and development of project documentation
Upgrading the concept to the financing platform and development of the blockchain technology-based oil production and refining industry
State examination. Registration of the position and register of discount certificates. Started sales discount certificates
Sale of discount certificates and making a decision on choosing one of the project development scenarios. Launch of Certificate Management System
Acquisition and supply of equipment and special equipment for repair and rehabilitation works and testing of oil perspective horizons in previously drilled wells. Capital construction within the production zone (oilfield pipelines, oil collection and treatment station)
Repair and preparatory work. Geological exploration: seismic exploration; drilling of exploration and production wells. Test of oil perspective horizons in existing wells
Industrial exploitation of the field and further development of the platform
Expert Reviews
