Permian (PMN) Initial Coin Offering - ICO Details & Financial Information

ICO NamePermian
SymbolPMN
Start DateJanuary 17, 2019
End DateFebruary 17, 2019
CountryUnited Arab Emirates
PlatformEthereum
Ends
8 Months ago
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Utilizing the economic-value of oil supply via blockchain to monetize proven undeveloped oil reserves.
The Permian-Chain technology funds the acquisition of proven undeveloped oil supply to generate early revenues for suppliers and provide higher discounts to buyers.

Democratizing the oil & gas direct investment sector in a crypto-economy.
The Permian Token (PMN) establishes an open, secure, transparent direct investment oil & gas ecosystem powered by Blockchain technology and the application of cryptography as a digital token.

Over 2.0 trillion barrels of oil recoverable globally.
The world has 70 years of oil left at today’s production rate of 30 billion barrels per year. Compared to the 1,300 billion barrels produced around the world in history.

Co-Founder & CEO, Permian.io
Marketing Executive
Cyber Security & IT Advisor
Price1 PMN = 0.1 USD Sale700,000,000 Payment ModeBTC, ETH, Fiat
Minimum Investment1 USD Distribution70% RaisedN/A
Soft Cap15,000,000 USD Hard Cap60,200,000 USD

General ICO Warning:

Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.

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