Business model

Oilwell Coin
1 min readSep 16, 2019

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Upgrading the oil market requires innovation in the business model. The main feature of the OilWell project are certificates that provide a discount on the purchase of oil. They can be bought on a pre-sale basis.

Using the proceeds from the sale of certificates, OilWell will be able to effectively, quickly and independently develop its business, as well as establish the process of oil production, transportation and delivery of oil products.

The OilWell project plans to issue 16 million certificates, which give customers a substantial discount on products. In total, at a discount, the OilWellCoin group of companies can sell 16,000,000 barrels of oil, which corresponds to 2,203,856.75 tons.

At the expense of discounts, the company will be able to provide high demand for the purchase of oil in the early stages, gain popularity among customers and take a significant place in the oil production market.

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