The P88 token gives the crypto investors the exposure to 1/10 of a barrel of Tapis Crude Oil.
The token is priced at USD 35 cents which is the discounted value to accurately reflect the 30 year average global exploration success rates on the chance of finding commercial hydrocarbons ie 1 in 20 of the wells drilled.
If commercial hydrocarbons are discovered then 75% of the net profits from the petroleum production will be used to repurchase the P88 tokens at the then current Tapis crude oil price.
So assuming a future Tapis crude oil price of USD 70 and drilling success the potential returns would be 1,900% on the initial token offering price.
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This promotional campaign is valid until 15/11/2019. The tokens will be distributed within 30 days after this date*.