Petro Tokenomics, $PETRO

Petro is a tokenized Fuel Trading platform that sets off to transform the current rooted view of Fuel-based resources being intangible for retail investors and unwieldy in their management for enterprises, and businesses who are willing to trade, buy or exchange Fuel-based commodities as assets.

With the mass expansion of Smartphone usage and its ubiquity, Petro cleverly integrates mobile apps as a monitoring and management tool that employs simple yet detailed UI/UX to make even the most uninitiated users get the basics of the functionality down in no time.

Petro tokenization system envisions a tokenized future of Fuel-based resources that are easily tradable within the Petro ecosystem, incentivized by the $PETRO token which is an integral part of the ecosystem.

Token Utility

The main utility of $PETRO within the ecosystem consists of providing a token of value the main function of which is to buy commoditized and tokenized Fuel cards on the platform. With the $PETRO token as the only financial instrument within the platform, it presents a case for immediate usage and utility which gives people a necessary incentive to acquire, trade and employ the utility of the $PETRO token.

Who is Petro for?

Petro aims to become an all-in-one place for retail investors, companies or enterprises, and fuel suppliers to trade, buy, and sell tokenized fuel assets. Hence the crux of Petro is to become as accessible of a platform as possible by providing a viable chance for all of the above-mentioned cohort of users to interact within the platform in a meaningful and most importantly, approachable way.

This brings us to the 4 main pillars of Petro:

• Petro.Pay B2B. Allows for business to freely and seamlessly purchase the fuel directly from suppliers, curtailing the costs by eliminating third-party intermediaries and by introducing the fuel cards which represent the tokenized nature of the commodity.
• Petro.Pay B2C. Enables retail customers to join the system and interact within it by purchasing fuel-based resources. By acquiring fuel cards retail customers also add liquidity for the fuel suppliers whilst also cutting on the overall cost of the fuel.
• Petro.Swap. Allows oil, gas, and electricity suppliers to attract even greater liquidity via tokenized derivatives and tokenization of futures contracts providing more liquidity to the Petro.Swap DeFi.
• Petro.Swap DeFi. Petro.Swap DeFi provides an Automated Market Maker (AMM) on the Ethereum network, creating a liquidity pool for the tokenized oil, gas, and electricity market where fuel suppliers can sell deliverable futures contracts. The tokenized assets can then be freely traded between crypto traders against cryptocurrencies and stablecoins, providing an additional investment opportunity in the energy market.

Petro Token Distribution

Petro is an ERC-20 based utility token that is integral to the consistency and validity of the platform. The ultimate utility is being a token of value within the platform. According to the token model, total supply of minted $PETRO tokens will be 20 000 000.

There will be 3 different sale rounds:

• Special Token Sale Round for ATD tokens. 75 000$ worth of $PETRO tokens are reserved for this round. Details on how the round will be conducted and what are the requirements will be revealed in the upcoming days. Vetting will be spread across 10 months with 10% being distributed each month. Initial price: 0,025$
• Private Round. For Private Round 150 000$ worth of $PETRO tokens are reserved. Private round is, in most cases, an opportunity for Venture Capital investors to have a stake in the project. Vetting will be spread across 10 months with 10% being distributed each month. Initial price: 0,04$
• Public Round. 25 000$ worth of $PETRO tokens are reserved for this round with no monthly vetting. Initial price: 0,064$

Petro is here to reshape the traditional closed-off nature of future-based commodity and make it more accessible to a wider audience with the help of secured, and encrypted molding of Ethereum network while simplifying the intricate and complex characteristic of being able to manage, monitor, and own fuel-based commodity assets.

News and Updates

To keep up to date with the above products and latest releases, follow the links below:

Website: https://www.petro.systems/

Twitter: https://twitter.com/PetroSwap

Telegram: https://t.me/petro_official_group