PetroDollar

PetroDollar

XPD
$0.008631635%0.81

Key Metrics

Price$0.008631635
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.132564
ATH Date4/16/2021, 11:56:12 AM
ATL$0.00023326
ATL Date6/10/2019, 3:00:00 AM
Circulating SupplyN/A
Total SupplyN/A
WebsiteN/A
WhitepaperN/A
Popularity Rank13691
Chart
What is PetroDollar?

PetroDollar (XPD) is a regulatory-compliant cryptocurrency that leverages the power of blockchain technology. With a unique approach, PetroDollar is supported by independently certified oil and gas reserves, providing a transparent and value-backed digital currency. By combining the benefits of blockchain technology with the intrinsic value of natural resources, PetroDollar aims to offer individuals a secure and efficient means of utilizing a cryptocurrency.

The foundation of PetroDollar lies in the ERC20 protocol, which ensures the token's compatibility and inheritable properties. Through browser-based wallet encryption, blockchain-based transparency, and accountability, PetroDollar delivers a range of features that enhance the user experience and security of the digital currency.

One of the key aspects of PetroDollar is its commitment to maintaining a fully verifiable asset reserve. To achieve this, PetroDollar aims to establish partnerships with renowned petroleum engineering audit institutions. These collaborations will enable PetroDollar holders to access cost-effective monitoring and auditing services for the pool of oil reserves, ensuring the transparency and integrity of the asset backing the digital currency.

The token name for PetroDollar is XPD, and its unique proposition lies in linking verified real-world assets to the digital tokens. This innovative approach allows holders of PetroDollar to effortlessly transfer and hold intrinsic value in the form of digital tokens, providing convenience and security in their transactions.

All PetroDollar transactions are recorded on a blockchain distributed ledger, ensuring a permissionless, censorship-resistant, and trustless environment. By maintaining a minimum 1:1 ratio with a single reserve barrel of oil, each issued PetroDollar token aims to guarantee price stability and measurable intrinsic value, providing confidence to users and investors.

The history of PetroDollar dates back to February 2014 when it was founded by a California-based team. With a strong commitment to transparency and compliance with applicable laws, the PetroDollar team diligently manages the operations of the cryptocurrency. They also aspire to foster an extensive product development, blockchain, and research and development team to further enhance the capabilities and offerings of PetroDollar.

Currently, PetroDollar (XPD) holds a market capitalization of approximately $600,000, reflecting the growing interest and recognition of its value in the digital currency market. As PetroDollar continues to evolve and expand, it remains dedicated to its mission of providing a reliable, value-backed cryptocurrency that empowers individuals and ensures a seamless integration of natural resources and digital finance.

Invest in PetroDollar (XPD) today and join the revolution of transparent and asset-backed digital currencies, where the power of blockchain meets the intrinsic value of natural resources. Experience the convenience, security, and stability offered by PetroDollar as it paves the way for a new era of digital finance.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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