Private Sale Stats/ Pre sale Announcement and Where we are heading?

Brief Recap of what’s happened, what’s happening and short term future plans

Greetings Crudeoil Finance Community !!!

First of all, we would like extend our gratitude and support from our community. Its only been couple of days since we launched and started our community build up leading to the pre-sale and launch. Frankly, we never expected this much turn around in a such short span of time. It’s been pretty wild and exciting journey so far. Here is a brief recap of what happened, what’s happening and future plans

PRIVATE SALE STAT (COMPLETED)

Our private sale was an overwhelming success. We had our core and strategic investors set even before the development started. It was only fair to allow community to be a part of the private sale. Hence we decided to open the private sale to the general public. We had massive private sale interest from BSC industry’s prominent OGs and public figures such as ChonkGangsta, BSCPleb and Kdot. It speaks volume about our commitment towards making BSC space a better place. Summery of the private sale stats is provided below.

🛢️ We opened the private-sale interest form for only 30min and received staggering 600 BNB interest. Hence team decided to close the interest form.
🛢️ Over 50 private sale contribution emails have been sent to the chosen set of community private sale investors.
🛢️ We have collected around 243 BNB that’s approximately 250% from initially intended private sale hard cap.
🛢️ There are 28 private sale contributors.
🛢️ Private Sale Wallet (For the transparency purposes): https://bscscan.com/address/0xb836687fc029f03d09f0c4fda9ad62944a08bd4c
🛢️ Private sale investors will receive the confirmation email or refund within 24h

Its obviously bit higher than our private sale hardcap. We have discussed extensively among the core team about what should be the next steps. The easiest option is to refund the excess to the contributors which will leave many early private sale contributors and supporters in disappointment.

Hence we will make a slight and fair adjustment to our tokenmetrcis model

We are going to remove the ECO system Development portion completely and assign it to the private sale investors which is completely fair for everyone. Team won’t be having any tokens in our possession. And the Private sale hard cap has been increased to 200BNB the rest of the 43BNB will be refunded. 5000 tokens taken out from the staking rewards and assigned to presale (We don’t want to keep the private sale percentage higher than the pre sale percentage.

NEW TOKEN METRICS

🌢 Total Supply➖ 100000 OIL
🌢 Protocol Staking Rewards➖ 65000 OIL (Locked Forever and will be automatically released to the farmers/stakers)
🌢 Private Sale➖ 12000 OIL (Completed)
🌢 Pre Sale➖ 14000 OIL(Unsold OIL tokens from pre sale will be allocated for the Farming rewards)
🌢 Pancake Liquidity➖ 8000 OIL (and 200 BNB Locked forever)
🌢 Airdrop ➖ 1000 OIL (Vested and utilized for the community expansion)
🌢 ̶E̶c̶o̶ ̶S̶y̶s̶t̶e̶m̶ ̶D̶e̶v̶e̶l̶o̶p̶m̶e̶n̶t̶ ̶➖̶ ̶5̶0̶0̶0̶ ̶O̶I̶L̶ ̶(̶T̶h̶i̶s̶ ̶w̶i̶l̶l̶ ̶b̶e̶ ̶v̶e̶s̶t̶e̶d̶ ̶a̶n̶d̶ ̶u̶t̶i̶l̶i̶z̶e̶d̶ ̶f̶o̶r̶ ̶F̶u̶t̶u̶r̶e̶ ̶D̶e̶v̶e̶l̶o̶p̶m̶e̶n̶t̶)̶
🌢 Private sale Token Price ➖ 1BNB = 60 OIL
🌢 Pre Sale Token Price➖ 1 BNB = 50 OIL
🌢 Private Sale Hard Cap➖ 200 BNB
🌢 Presale Hard Cap➖ 280 BNB
🌢 Pancake Listing price➖ 1 BNB = 40OIL

Hope the new model is clear for everyone. Now jumping to the most obvious question among the community

Sir!! you increased your total hard cap? what you will do with the excess BNB?

🛢️ We wanted to reduce the pre sale allocated amount which will result in private sale dominance and possible price crash.
🛢️ We will use 100BNB of excess for weekly buy backs and burns 🔥 (25BNB per week in buy backs and burns 🔥) of the OIL token which will ease possible sell pressure.
🛢️ 43 BNB will be refunded to the private sale investors (within next couple of days)
🛢️ We will go for a better auditing company. We have been in contact with few of them at the moment.
🛢️ We will hire influencers/do PR and improve our marketing strategy.
🛢️ List on an alternative BSC AMM (Streetswap/burger swap/Bakery swap/etc...)

PRE SALE ANNOUNCEMNET

Here we go, the most anticipated even among the community members. Those who missed the private sale can participate in pre sale.

🛢️ Pre Sale date is fixed on 18/02/2021 1PM UTC and ends on 22/02/2021 (or we reach the hard cap)
🛢️ Pre Sale will be conducted on our platform. We will provide a detailed contribution process guide soon.
🛢️ There will be 14000 OIL up for grabs.
🛢️ 1BNB= 50 OIL tokens
🛢️ OIL will be listed on pancake swap as soon as pre-sale ends.
🛢️ Unsold tokens will be added to the farming pool.

AIRDROP STAGE 01 WINNERS ANNOUNCEMNT

We always ride on community. Hence we have so many community engagement programs planned.

Here is the list of Airdrop Stage 01 winners: Click Here

Congrats to those who got selected. Many more down the pipeline. Airdrop tokens are locked for 14 days from the listing date.

WHAT’S NEXT??

🛢️ We are actively pursuing auditing companies. Recently conacted Hackon/Vidar/Iosiro/Solidity Finance LLC
🛢️ Marketing campaign officially kicked off. you will see more of crudeoil finance
🛢️ Press releases on the way. We are working with the bsc.news team to kick start our PR campaign.
🛢️ Few influencers will be joining our marketing strategy shortly.
🛢️ Launch of our Staking platform along with listing.

Thank you for your support again. If you have any question, please join our following social handles and contact and admin.

Please Join Our Social Media Handles

🌢 Website: https://crudeoil.finance
🌢 Email: contact@crudeoil.finance
🌢 Twitter: https://twitter.com/crudeoil_fi
🌢 Telegram Chat: https://t.me/crudeoilfinance
🌢 Telegram Channel: https://t.me/crudeoilfinance_ANN
🌢 Blog: https://crudeoilfinance.medium.com/
🌢 Docs: https://docs.crudeoil.finance
🌢 Github: https://github.com/CrudeoilFi