FAQ

FREQUENTLY ASKED QUESTIONS

In the event of any inconsistency or conflict between the content presented in these FAQs, marketing materials, or any other information published on this website, and the formal legal documentation (including but not limited to the Token Terms, Subscription Agreement, or Prospectus), the terms set forth in the formal legal documentation shall prevail and be legally binding. Users are advised to rely solely on the official legal documents when making any decision related to the token.

 

You are solely responsible for ensuring that your participation in any transaction involving the token—whether conducted on this website, through a third-party platform, in a peer-to-peer (P2P) transfer, or by any other means—is lawful and compliant in all respects. This includes compliance with securities laws, tax obligations, anti-money laundering (AML), and counter-terrorism financing (CTF) regulations in all relevant jurisdictions.

It is your sole responsibility to verify that any wallet address you provide is accurate and compatible with the technical requirements of the token. Any errors, misdeliveries, or losses resulting from incorrect addresses, misconfigured wallets, or user error are borne entirely by you.

You must strictly adhere to any applicable transfer restrictions, resale limitations, holding period requirements, or investor eligibility criteria associated with the token, including but not limited to those under Regulation D, Regulation S, or any equivalent regulatory framework. Unauthorized transfers or breaches of these restrictions may result in legal consequences or enforcement action.

DeXentra / OilXCoin does not provide legal, tax, or financial advice. By engaging in any transaction involving the token—whether via this website or elsewhere—you acknowledge and accept full responsibility for your actions and agree that neither the issuer nor any affiliated party shall bear any liability for your failure to comply with applicable laws, regulatory restrictions, or custody safeguards.

OilXCoin is a digital asset that combines the resilience of tangible real-world assets, specifically oil & gas (O&G), with the innovation of blockchain technology. 

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OilXCoin offers a unique combination of tangible real-world value and innovative blockchain technology, providing a growth-focused, yet resilient investment token.  

It presents a unique value proposition built on three key components:

  • Gas-In-Place (GIP) and Oil-In-Place (OIP) reserves which are designed to provide a very robust line of defense against potential falling token prices and, through the continual reinvestment strategy in both more production infrastructure and further reserves, a continually increasing base value line.
  • The sale of oil and gas extracted from GIP and OIP reserves.
  • Dynamic treasury and reserve management enabled by native transaction fees, which is intended to provide a stream of OilXCoins that the Issuer will be able to sell in order to raise capital and finance the acquisition of oil-and-gas-related assets and investments.
  1. Blockchain Transparency & Efficiency – Transactions are recorded on a secure, immutable ledger, reducing fraud and enhancing trust.
  2. Fractional Ownership – Investors can buy smaller portions of the asset, increasing accessibility and liquidity.
  3. 24/7 Trading & Global Reach – Unlike traditional securities, tokens can be traded around the clock on global markets.
  4. Increased Liquidity – Tokenization can make traditionally illiquid assets, like oil and gas investments, more accessible and tradable.
  5. Direct Investor Access – Reduces reliance on intermediaries, lowering costs and enhancing efficiency.
  • Regulatory Compliance – OilXCoin's security prospectus has been approved by the regulator in Liechtenstein (FMA).
  • Asset-Backed Stability – Unlike many non-security tokens that derive value from speculation, OilXCoin is backed by tangible real-world assets (oil & gas).
  • Lower Volatility – The token's value is tied to real-world oil and gas reserves with the intention to make it less susceptible to extreme price fluctuations often found in the broader crypto market.
  • Institutional Appeal – Security tokens like OilXCoin can attract institutional investors who require regulatory compliance, transparency, and asset-backed investments.
  • Compliance via Smart Contracts – The OilXCoin token incorporates blocklisting and other security functions to help ensure compliance with legal requirements.

The term "value chain digital asset" reflects the scope of a token which extends beyond the asset backing. Specifically, in the case of OilXCoin which is backed by oil and gas reserves, it is the "upstream" portion of the value chain which encompasses the extracting oil and gas from underground reserves, transporting and subsequent sale of these assets.

It presents a unique value proposition built on three key components:

  • Gas-In-Place (GIP) and Oil-In-Place (OIP) reserves which are designed to provide a very robust line of defense against potential falling token prices and, through the continual reinvestment strategy in both more production infrastructure and further reserves, a continually increasing base value line.
  • The sale of oil and gas extracted from GIP and OIP reserves.
  • Dynamic treasury and reserve management enabled by native transaction fees, which is intended to provide a stream of OilXCoins that the Issuer will be able to sell in order to raise capital and finance the acquisition of oil-and-gas-related assets and investments.

As part of OilXCoin's re-investment strategy it is the intention to continually increase the asset backing of the token by continued acquisition and management of oil and gas leases. There is no guarantee of a continual increase of the asset backing.

The upstream sector in the oil and gas industry focuses on the production of oil and gas. In the case of OilXCoin, it primarily includes the development of underdeveloped, primarily conventional O&G reserves, and the partnering with experienced producers to extract crude oil and gas for sale to refineries.

The Financial Market Authority (FMA) in Liechtenstein has approved the security prospectus for OilXCoin which, through passporting, also allows for the token to be publicly offered in key EEA (European Economic Area) jurisdictions. 

OilXCoin intends to acquire approval in additional jurisdictions.

The tokenizaton model of OilXCoin allows for fractional ownership of oil and gas and therefore for more direct and diversified investment opportunities in the oil and gas sector.

Funds are generated through multiple independent yet funding streams, namely, sales generated in the O&G upstream and OilXCoin native transaction fees. The majority of these funds are reinvested to increase the token's tangible asset base (namely, acquiring additional O&G reserves), to build out production capacity and to support market liquidity.

OilXCoin is designed to avoid the typical rollover risks associated with traditional debt or financial products. The blockchain-based nature of OilXCoin allows for easy trading, reducing the need for rollover refinancing, while the underlying tangible asset base, diversification of funding streams and reinvestment strategy provide some security and value stability.

Yes, the maximum total supply of OilXCoin tokens is fixed at 100 million.

Tax implications vary by jurisdiction. Investors are strongly advised to consult with tax professionals to understand the specific tax considerations for cryptocurrency investments in their region. 

A fixed 12% of the native transaction fee is allocated to holders of the OilXCoin NFT based on the tier (i.e. silver, gold, platinum, diamond) and the number of claimable tokens allocated to the NFT.

OilXCoin-NFTs are created as ERC-721 tokens, offering three distinct value propositions: 

  • they can be used to claim for OilXCoin tokens
  • possess inherent value as collectibles
  • provide royalty rewards derived from 12% of every transaction fee in the OilXCoin network (based on the tier (i.e. silver, gold, platinum, diamond) and the number of claimable tokens allocated to the NFT).

An OilXCoin NFTs provides its holder to a one-off claiming of the respective number of OilXCoins allocated to the NFT, these tokens are then subject to a vesting period of 1-12 months depending on the tier (i.e. silver, gold, platinum, diamond).

Funds generated through the sale of OilXCoin-NFTs are intented to finance the development of the OilXCoin (including other such aspects as legal, marketing, operational costs, etc.) and to address the token's asset backing.

1. A crypto-wallet that can hold ERC-721 NFTs is required (e.g., Trust Wallet, MetaMask wallet or Coinbase wallet - this is not an endorsement for any of these wallet types, all investors should do their own research). Follow the exact instructions of the wallet provider (e.g. ensuring that you confidentially note and store the "recovery/seed phrase" - do not ever lose this or disclose this to any third party, no one from DeXentra / OilXCoin will ever ask you for this).

2. Ensure the amount of ETH you require to make the purchase is available on this wallet. Please keep in mind that some extra "gas" (fees that must be paid for transactions or executions of smart contracts on the Ethereum blockchain) will be required.

3. Follow the instructions in our webshop.

A crypto-wallet which functions with the Ethereum Main Network and can hold ERC-721 NFTs is required (e.g., Trust Wallet, MetaMask wallet or Coinbase wallet - this is not an endorsement for any of these wallet types, all investors should do their own research).

No, the primary offering of the OilXCoin-NFTs is solely on the OilXCoin website.

No, however, Bitcoin/BTC can be swapped into Ethereum/ETH to then purchase OilXCoin-NFTs.

Beforehand make sure the wallet you use is compatible with the Ethereum blockchain/Ethereum Main Network.

  1. Purchase ETH on a CEX (Central Exchange) or swap for ETH on a DEX (Decentral Exchange).

    -or-
     
  2. Purchase ETH directly with your wallet.

Please do your own research on different CEX (Centralized Exchange) and follow the instructions of the choosen provider. 

Examples include: Coinbase, Binance, Bitpanda, Kucoin (this is not an endorsement for any of these wallet types, all investors should do their own research).

  • Use a wallet that is compatible with the Ethereum Blockchain / Ethereum Mainnet
  • Never send your NFT to an unknown address 
  • Never send your NFT to a CEX address, as this might lead to irreversibly losing your NFT

You must select a suitable NFT trading platform which permits the sale of securities in your jurisdiction or you can sell your NFT privately to another individual.

Note:
You are solely responsible for ensuring that your participation in any transaction involving the token—whether conducted on this website, through a third-party platform, in a peer-to-peer (P2P) transfer, or by any other means—is lawful and compliant in all respects. This includes compliance with securities laws, tax obligations, anti-money laundering (AML), and counter-terrorism financing (CTF) regulations in all relevant jurisdictions.

It is your sole responsibility to verify that any wallet address you provide is accurate and compatible with the technical requirements of the token. Any errors, misdeliveries, or losses resulting from incorrect addresses, misconfigured wallets, or user error are borne entirely by you.

You must strictly adhere to any applicable transfer restrictions, resale limitations, holding period requirements, or investor eligibility criteria associated with the token, including but not limited to those under Regulation D, Regulation S, or any equivalent regulatory framework. Unauthorized transfers or breaches of these restrictions may result in legal consequences or enforcement action.

DeXentra / OilXCoin does not provide legal, tax, or financial advice. By engaging in any transaction involving the token—whether via this website or elsewhere—you acknowledge and accept full responsibility for your actions and agree that neither the issuer nor any affiliated party shall bear any liability for your failure to comply with applicable laws, regulatory restrictions, or custody safeguards.

OilXCoin-NFTs grant a royalty to their holders, sourced from 12% of the transaction fees generated using the OilXCoin smart contract. Each NFT holder receives a proportional share of this fee in OilXCoin token, with the share size varying based on the NFT tier and the number of claimable tokens allocated to the specific NFT.

The vesting period is a specific timeframe during which OilXCoin tokens cannot be traded or transferred. 

In the case of an OilXCoin-NFT, this period begins when you claim your tokens and varies based on the type of NFT you hold: 

  • Silver: 1 month
  • Gold: 2 months
  • Platinum: 3 months
  • Diamond: 1 year

After the respective vesting period ends, you are free to trade your OilXCoins as you wish. 

You must strictly adhere to any applicable transfer restrictions, resale limitations, holding period requirements, or investor eligibility criteria associated with the token, including but not limited to those under Regulation D, Regulation S, or any equivalent regulatory framework. Unauthorized transfers or breaches of these restrictions may result in legal consequences or enforcement action.

The vesting period is a specific timeframe during which OilXCoin tokens cannot be traded or transferred. 

In the case of OilXCoins acquired within the first twenty days of the public offering (i.e., between April 23, 2025, and May 13, 2025), the vesting period begins on July 1, 2025, with 10% of the tokens vesting each month over a period of ten months.

After the respective vesting period ends, you are free to trade your OilXCoins as you wish. 

You must strictly adhere to any applicable transfer restrictions, resale limitations, holding period requirements, or investor eligibility criteria associated with the token, including but not limited to those under Regulation D, Regulation S, or any equivalent regulatory framework. Unauthorized transfers or breaches of these restrictions may result in legal consequences or enforcement action.

Vesting periods are designed to align long-term incentives, promote commitment, and protect the integrity of OilXCoin. They serve several key purposes:

  1. Prevent Immediate Sell-Offs (Anti-Dumping): By restricting the immediate transfer or sale of tokens, vesting prevents early participants from flooding the market, which could destabilize prices and harm other investors.
  2. Promote Long-Term Engagement: For team members, advisors, or strategic investors, vesting ensures continued involvement and alignment with the project's success over time, rather than short-term speculation.
  3. Enhance Trust and Credibility: Vesting schedules signal to the market that the project is serious about sustainable growth and is not structured to reward insiders unfairly or encourage exit-driven behavior.
  4. Protect Early-Stage Value: In public offerings or fundraising rounds, vesting protects incoming investors by ensuring that the token supply remains controlled and that early backers cannot unfairly profit without contributing to long-term development.

After claiming OilXCoin tokens the NFT remains in your possession as long as it is held in your own wallet. After the vesting period you can trade, sell, or gift the NFT. The royalty associated with the NFT can still be claimed from the wallet where the NFT is stored, provided the wallet is ERC-20 compatible. 

Yes. Once the vesting period for your NFT has ended—one month for Silver, two months for Gold, three months for Platinum, and twelve months for Diamond—you may sell the OilXCoin tokens you have claimed and continue to receive rewards. However, if you sell your NFT itself, you will no longer receive any future royalties, as these rights transfer to the new owner along with the NFT.

Enhanced Oil Recovery (EOR) refers to a set of techniques used to increase the amount of crude oil that can be extracted from an crude oil reservoir.

While primary recovery relies on natural pressure and secondary recovery typically involves injecting water or gas to displace oil, EOR involves the injection of substances such as chemicals, gases (e.g., CO₂), or steam to alter the physical properties of the oil (e.g., reduce viscosity or increase pressure) and enable more oil to flow to production wells.

There are three main types of EOR:

  1. Thermal recovery – Injecting heat (typically steam) to reduce oil viscosity.
  2. Gas injection – Using gases like carbon dioxide or nitrogen to mix with or pressurize the oil.
  3. Chemical flooding – Injecting polymers, surfactants, or alkalis to improve oil mobility and sweep efficiency.

When you buy OXC through on the OilXCoin website there is a minimum investment amount of 100 USD. Take the "gas" fee in to account, a fee that is charged with every transaction. Your wallet must also have a sufficient balance to cover the gas fee before making the purchase.

The price of OilXCoin is likely to be influenced by three main components: 

1. Amount of natural Gas-In-Place & Oil-in-Place reserves

2. Funds generated through the upstream value chain 

3. Token transaction fees generated from the use of the OilXCoin smart contract

  1.  Before approving a transaction, ask yourself the following questions (as faulty inputs in wallet addresses or chosen networks can lead to irreversible losses of your digital assets):
    1. Am I using the correct network and token address ? (i.e. Ethereum Mainnet for OXC)
    2. Can the receiving address receive coins/tokens from this network?
    3. Have I entered the receiving address correctly?
  2. Keep your seed phrases (recovery phrase) in an extremely secure place and do not share them with anyone
  3. Have in mind that at DeXentra / OilXCoin, we will never
    1. contact you privately on any social media channel or in any other form.
    2. ask for your passwords, login credentials, or seed phrase/recovery phrase.

Note:
You are solely responsible for ensuring that your participation in any transaction involving the token—whether conducted on this website, through a third-party platform, in a peer-to-peer (P2P) transfer, or by any other means—is lawful and compliant in all respects. This includes compliance with securities laws, tax obligations, anti-money laundering (AML), and counter-terrorism financing (CTF) regulations in all relevant jurisdictions.

It is your sole responsibility to verify that any wallet address you provide is accurate and compatible with the technical requirements of the token. Any errors, misdeliveries, or losses resulting from incorrect addresses, misconfigured wallets, or user error are borne entirely by you.

You must strictly adhere to any applicable transfer restrictions, resale limitations, holding period requirements, or investor eligibility criteria associated with the token, including but not limited to those under Regulation D, Regulation S, or any equivalent regulatory framework. Unauthorized transfers or breaches of these restrictions may result in legal consequences or enforcement action.

DeXentra / OilXCoin does not provide legal, tax, or financial advice. By engaging in any transaction involving the token—whether via this website or elsewhere—you acknowledge and accept full responsibility for your actions and agree that neither the issuer nor any affiliated party shall bear any liability for your failure to comply with applicable laws, regulatory restrictions, or custody safeguards.

5, each of them requiring a fixed investment of 1,000,000 USD.

The OilXCoin NFT is a unique digital certificate stored on a blockchain that proves ownership of a specific digital asset. When you acquire an OilXCoin-NFT, you gain the right to claim OilXCoin tokens and to receive ongoing royalties from OilXCoin transactions.

Claim OilXCoin Tokens: You can claim your OilXCoin tokens allocated to your NFT (pending the start of circulation and/or vesting periods).

Receive Royalties: As an NFT holder, you are entitled to ongoing royalties from OilXCoin transactions. These royalties are paid out in OilXCoins and are based on the tier of your NFT and the number of OilXCoin specifically allocated to the respective NFT.

Sell the NFT: You can choose to sell your NFT, potentially profiting from its value as a collectible and as a royalty vehicle.

Hold for Passive Income: by retaining the NFT, you can continue to receive royalties that are designed to increase with the increased trading of the OilXCoin.

After claiming your OilXCoin tokens, the NFT remains in your possession as long as it is held in a wallet you own. You have the freedom to trade, sell, or gift the NFT. The royalty associated with the NFT can be claimed with the wallet where the NFT is stored, provided the wallet is ERC-20 compatible. This ensures that you continue to receive benefits from the NFT, regardless of the OilXCoins you have claimed.

Royalty rewards accrue continuously and are due to the holder as soon as any transaction fee is received on the OilXCoin smart contract. However, any accrued but unpaid royalties do not bear interest.

Royalties are not paid out automatically. Holders must follow the procedures indicated on the OilXCoin website to claim their share of the royalties. This may involve using a smart contract deployed on the Ethereum blockchain, and holders are responsible for complying with these procedures and any associated fees.

The royalties for a gold NFT are calculated using a factor of 1.2.

The royalties are paid out in OilXCoins (OXC).

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, a NFT's unique identification allows for the verification of the original item's authenticity and ownership.

Out of the total maximum supply of 100 million tokens, up to 20 million tokens are allocated to NFTs. The number of minted NFTs is fixed for the following tiers:

  • Diamond tier: 5 NFTs
  • Platinum tier: 20 NFTs

The number of silver and gold tier NFTs is not fixed in advance and will depend on the total quantity and denomination of silver and gold NFTs sold.

  • Diamond NFTs: Limited to only 5 NFTs, each requiring a fixed investment of 1,000,000 USD.
  • Platinum NFTs: Limited to only 20 NFTs, each requiring a fixed investment of 100,000 USD.
  • Gold NFTs: The amount varies, with investments from 10,000 USD to 90,000 USD.
  • Silver NFTs: The amount varies, with investments from 1,000 USD to 9,000 USD.

There is a vesting period associated with the claimed OXC-tokens. The length of the vesting period is dependent on the tier of the NFT:

  • Silver NFT: 1 month
  • Gold NFT: 2 months
  • Platinum NFT: 3 months
  • Diamond NFT: 12 months

Your vesting period starts automatically

  • If you acquired your NFT on or before May 13, 2025, vesting begins on that date.
  • If you acquired an NFT after May 13, 2025, vesting begins on the mint date.

You are able to claim your tokens after your vesting period ends

  • Once the vesting period is complete, you decide when to claim - your tokens will be immediately minted to your wallet and will be fully transferrable from the moment you do.

Your NFT remains in your wallet

  • Until you claim your tokens, your NFT will stay visible in your wallet, and your entitlement will be displayed either on-chain or in the metadata.

Your NFT continues to remain in your wallet

  • After you have completed the “one-time” claiming of your tokens, you continue to hold your NFT too. With its claiming function having been exercised, it can then be separately transferred as you wish.

No, you cannot store the OilXCoin NFTs on the website and DeXentra / OilXCoin does not provide any custodial services. 

To buy, trade and sell NFTs, you need a crypto wallet that is compatible with the Ethereum Blockchain / Ethereum Mainnet and is able to store ERC-721 tokens.

The primary offer of the OilXCoin NFT is exclusively through the OilXCoin website.  They can not be acquired through, for example, traditional financial institutions or stock exchanges.

If you cannot see your NFTs in your wallet, here are a few steps you can take:

  • ‎Check Wallet Compatibility: Ensure that your wallet is compatible with ERC-721 tokens, which are used for NFTs. Wallets like Trust Wallet, MetaMask, and Coinbase Wallet support these tokens.
  • Correct Network: Make sure you are connected to the Ethereum Main Network. If your wallet is set to a different network, you cannot see your NFTs.
  • Refresh Your Wallet: Sometimes, simply refreshing the wallet or logging out and back in can help display your NFTs.
  • Add Token Manually: If your NFTs still do not appear, you may need to add them manually using the contract address of the NFT.
  • Contact Support: If you have followed these steps and still cannot see your NFTs, consider reaching out to the support team of your wallet for further assistance.

If you cannot see your NFTs on the website, it may not necessarily mean they are lost. Here are a few steps you can take to troubleshoot the issue:

  • Check Your Wallet: Ensure that your crypto wallet is connected and that it supports ERC-721 tokens, which are used for NFTs.
  • Verify Network: Make sure your wallet is set to the Ethereum Main Network, as the OilXCoin NFTs operate on this blockchain.
  • Refresh the Page: Sometimes, simply refreshing the website can resolve display issues.
  • Visit ethereumscan.io: enter your wallet address and check, if your NFT(s) are displayed.
  • Contact Support: If the issue persists, consider reaching out to customer support for assistance.

If you want to by OilXCoin NFTs with USD, Euro oder CHF, please contact us for further instructions under the email address office@oilxcoin.io.

Currently, it is not possible to purchase OilXCoin-NFTs with a credit card or other online payment services.

Yes, you can use a Trezor wallet to hold ERC-721 NFTs, as it is compatible with the Ethereum Main Network. 

Make sure to follow the instructions provided by Trezor for setting up and managing your wallet. 

Note

You are solely responsible for ensuring that your participation in any transaction involving the token—whether conducted on this website, through a third-party platform, in a peer-to-peer (P2P) transfer, or by any other means—is lawful and compliant in all respects. This includes compliance with securities laws, tax obligations, anti-money laundering (AML), and counter-terrorism financing (CTF) regulations in all relevant jurisdictions.

It is your sole responsibility to verify that any wallet address you provide is accurate and compatible with the technical requirements of the token. Any errors, misdeliveries, or losses resulting from incorrect addresses, misconfigured wallets, or user error are borne entirely by you.

You must strictly adhere to any applicable transfer restrictions, resale limitations, holding period requirements, or investor eligibility criteria associated with the token, including but not limited to those under Regulation D, Regulation S, or any equivalent regulatory framework. Unauthorized transfers or breaches of these restrictions may result in legal consequences or enforcement action.

DeXentra / OilXCoin does not provide legal, tax, or financial advice. By engaging in any transaction involving the token—whether via this website or elsewhere—you acknowledge and accept full responsibility for your actions and agree that neither the issuer nor any affiliated party shall bear any liability for your failure to comply with applicable laws, regulatory restrictions, or custody safeguards.

The OilXCoin token (OXC) is a digital token that represents a stake in the OilXCoin ecosystem, while the OilXCoin NFT is a unique digital collectible that provides its holder with specific benefits, including the ability to claim OXC tokens and receive ongoing royalty rewards from transaction fees.

In summary, OXC is the token itself, whereas the OilXCoin NFT serves as a means to benefit from the native transaction royalties.

Gas fees are fees that must be paid for transactions – e.g., sales and purchases of Ethereum – or the execution of smart contracts on the Ethereum blockchain.