How will the token sale happen?

For the full operation of the OilWellCoin platform, it is necessary to conduct Token Sale — the sale of OILD tokens.

After it will be issued and distributed tokens based on the Ethereum platform using a smart contract. Tokens will be distributed among buyers within two months.
OilWell issue 16 million tokens, the price of each of them is $3,74. 10,400,000 tokens will be available in free sale.

To receive tokens, all Token Sale participants will be required to go through the procedure. KYC (Know Your Customer) and AML (Anti Money laundering). The first involves the verification of users, and the second is anti-money laundering. Both procedures will be carried out on the basis of the site https://oilwellcoin.io.

When buyers receive tokens and go through the necessary procedures, they will be able to freely trade them on the market or buy a discount certificate for OilWell products.