BITUGENE - FIRST WORLD’S DECENTRALIZED BLOCKCHAIN PROJECT TARGETING THE OIL AND GAS SECTOR
The Bitugene Project is the first blockchain project targeting the petroleum and petroleum products.
Bitugene will create a platform where crude petroleum and other petroleum products will be traded securely. The Bitugene platform will help connect oil and gas companies with customers.
The applications that will be built on The Bitugene Platform are:
- Bitugene Debit Card
- Petroleum Aggregator
- Bitugene Exchange
THE MAIN MILESTONES OF THE TIMELINE
THE BITUGENE TEAM
The BTP tokens, a currency implemented to help support the Bitugene Foundation, will be used for fast settlements of products.
The unique purpose of the Bitugene Initial Coin Offering (ICO) is to raise funds for the design, development, and implementation of Bitugene Project’s applications.
The PreICO starts on the 8th of December 2017 and ends on the 22nd of December 2017.
During the PreICO period, the accepted cryptocurrency is Ethereum (ETH).
The main ICO will last for 30 days, beginning on the 27th of December, 2017 and ending on the 27th of January, 2018. In this stage, both ETH and Bitcoin (BTC) are accepted.
During the presale and main sale, the equivalent amount of TBP tokens will be sent to the sender’s Ethereum address instantly.
A total of 10 000 000 Tokens will be distributed.
The Minimum Goal is $1,000,000 and the Hard Cap is $5,000,000.
If the minimum required capital of 1 000 000 USD is not reached at the end of the crowdsale, all funds will be refunded to the address it was sent from.
All unsold tokens during the Presale and main sale stage will be burnt.