The XPR token offering will issue up to 8,000,000,000 ERC-20 tokens for investor contributions. Meanwhile, we will keep 1,000,000,000 tokens for treasury reserves to fund the community’s energy initiatives, mainly for geologists and oil & gas experts who have solid data and studies to work on. The XPR tokens will be backed by Proven Reserves that are identified as part of the oil campaigns that the XPR will invest in from the funds raised during the initial token offering of (referred to as “Oil Campaigns”) or as part of the oil exploration and production companies that list their own Oil Campaigns and Proven Reserves on the PermianChain platform (referred to as “Platform Prospects”). PermianChain tokenizes Proven Reserves to support Permian Token (XPR) related assets and operations. XPR enables digital transfer of underlying assets value in the form of digitized value of oil under standard conditions. Thus, allowing the utilization of XPR's substantial physical and Proven Reserves as a means to facilitate commercial and consumer transactions around the world. As a reserve digital currency, we expect XPR will become a critical instrument for preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain technology for digitized store of value.