Roadmap
At OilXCoin, our vision is clear: the next evolutionary level in the world of cryptocurrencies.
Q1/Q2 2023
Foundation and Preparation
- Developement of OilXCoin whitepaper (vision, strategy, technical aspects)
- Begin of asset base creation (identifying, auditing and securing of natural gas and oil reserves)
- Compliance setup and formulating of legal agreements
Q3 2023
Technical Development and Legal Framework
- Detailed market research
- Smart contract & NFT design
- Further securing of OIP/GIP reserves
- Begin of regulatory preparations with Lenz&Staehelin law firm
Q4 2023
Launch Preparations
- Begin of website development
- Smart contract audits for the NFT and token
- Founding of the company’s legal presence in Zug, Switzerland
- Identification of business partnerships (O&G and crypto)
Q1 2024
"Pre-Sale" Launch of NFT
- Launch of restricted website and begin of private NFT sale for select investors in Switzerland, Austria, Germany and Italy
- Preparation of prospectus for submission in Switzerland and Liechtenstein
Q2 2024
Expansion and Regulatory Activities
- Enhanced website features
- Begin of private NFT sale for accredited investors in the US
- Expanding of business partnerships
- Continuing of regulatory activities to prepare for international launching
Q3 2024
Prospectus Completion & Marketing Activities
- Finalization of smart contracts ecosystem
- (Legal) completion of the EU Growth prospectus
- Begin of implementation of marketing strategy
- Signing of O&G leases in escrow (USA: KS & TX)
Q4 2024
ICO Preparation
- Completion of tokenomics launch strategy
- Smart contract audits
- Submission of the prospectus to the FMA in Liechtenstein
- Integration of Jumio to improve UX for KYC
- Decision on launch pads, market-maker, exchange listings
Q1/2025
Begin of Token Circulation
- Fulfillment of escrow(s) to form asset base
- Commencing of “general solicitation” in select jurisdictions
- Engagement of KOLs
- Execution of ICO
- Begin of public circulation of the token in the EEA & Switzerland
- Preparation to commence the SEC approval process
- Implementation of AI-based tools (risk analysis, transaction monitoring, etc.)
- ESG and charity initiatives