Roadmap
In November 2023, DeXentra GmbH was formally registered as a private limited company in Zug, Switzerland. Intensive work began more than a year earlier with the focus on:
business model conception and market research
extensive regulatory clarification (with a focus on the EU & USA)
product design for the OilXCoin token & NFT and whitepaper drafting
identification of initial natural gas and oil reserves and pre-negotiations
legal preparation for corporation founding and reserve lease and cooperation contracts
Milestone Plan Excerpt
Q3 2024 “Smart Contract Ecosystem”
Expanding of business partnerships
Finalization of smart contracts ecosystem
Begin of implementation of marketing strategy
Signing of MOUs and/or Participation Agreements for select O&G leases in escrow
Q4 2024 “Submission of Prospectus”
Completion of token launch strategy
Onboarding of additional finance competency
Integration of Jumio / TrustCloud to improve UX for KYC
Submission of the prospectus to the FMA in Liechtenstein
Q1 2025 “Approval of Prospectus by the FMA”
Onboarding of additional coding competency
Execution of smart contract audits for the token
Commencing of “general solicitation” in select jurisdictions (after approval of the EU Growth Prospectus)
Q2 2025 “Token Launch”
Setup of operational organization to manage the token post-launch
Finalizing of secondary market partners
Begin of public circulation of the token
Addressing of escrow(s) to form asset base
Overarching
Ensure sustainable value growth for token holders
Expand the investor base in the O&G markets
Leverage the crypto investment community to attract new investors to O&G
Ensure compliance and regulatory conformity
Expand and diversify the O&G lease backing
Utilize innovative technologies to increase production output and reduce the environmental impact of extraction.
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