NFT Basic & Benefits

OilXCoin's exclusive NFT sale commenced as part of its pre-launch funding phase. A limited number of NFTs will be sold for a limited time frame. Proceeds will be used to promote and initiate the circulation of the OilXCoin token and thereafter further enhance its asset backing, both of which are intended to significantly influence the token's value development.

An NFT, or Non-Fungible Token, is a unique digital certificate, stored on a blockchain, that proves ownership of a specific digital asset

Unlike traditional digital files that can be copied indefinitely without losing quality, a NFT's unique identification allows for the verification of the original item's authenticity and ownership.

The OilXCoin NFT allows its verified holder to claim OilXCoin tokens once they are brought into circulation and to continually claim their share of royalties from OilXCoin transactions.

Acquiring an OilXCoin provides the following benefits

Price Securing

the underlying OilXCoins are secured before market effects come into play once circulation has begun

NFT Collectible

in the heated NFT market, the holder has acquired a unique collectible that can be held or sold onwards

Passive Income

the NFT holder receives ongoing royalties even once the underlying OilXCoins have been sold

How the OilXCoin NFT specifically works

This illustration breaks down the NFT into its core components and shows how the holder can benefit from their investment.

241122_NFT Value Comp.svg
  • You decide to acquire an NFT valued at 1000 OXC (which are initially valued at 1000 USD).
     
  • As this represents a "silver tier" NFT, you have a vesting period of only one month - meaning thereafter you can then hypothetically sell these tokens in order to "recover" your initial investment (and, should the coin have already increased in value, already profit from this effect too).
     
  • Even after you have claimed your 1000 OXC, you retain the NFT as a completely separate object. This NFT entitles its' holder to their respective share of royalty fees based on the NFT tier.
     
    Think of this like a savings account which, although you have reduced the balance from 1000 USD to 0 USD, continues to pay you "interest" (i.e. royalties) as if the 1000 USD were still in the account.
     
  • This means that this NFT, beyond its value as a collectible with its 3D animated OilXCoin, can either be held (to receive royalties that will continually rise with the success of the coin) or, like your OilXCoin tokens, can be sold by its' holder to the highest bidder.

It is not just a design, it embodies what OilXCoin stands for:

  • Entry point to RWA investments
  • Making oil and gas investments accessible
  • Regular and transparent audits
  • Transparency trough independently verified reserves
  • High compliance standards

What makes our NFT so special

Learn about the royalties of the OilXCoin NFT