- The Oil Art Project
- Oil Art’s Strategy to Ensure Profitability
- Oil Art Tokenomics
The launch of cryptocurrencies more than a decade ago greatly disrupted the traditional finance sector. It offered a plethora of ways to conveniently exchange or swap digital currencies. Since then, tons of trends have emerged, tap to earn is one of such.
The Oil Art Project
Oil Art is a recently launched project designed to rekindle users’ love and interest in the crypto space. It is bringing back the crypto industry we are familiar with—the one where you simply have to invest to earn. Its native token—OIL—is more than just a token; it is a 'real gem of your investment portfolio.' Oil Art is combining the art industry with cryptocurrencies and offering everyone an opportunity to hold and earn from both. This project is built on the Arbitrum blockchain and leverages the network’s advanced features to deliver an innovative ecosystem for both long-term investors and traders seeking quick profits. Oil Art aims to incorporate all token owners into a large-scale corporation, and owning an OIL token is the ticket to this platform. Currently trading on the MEXC exchange, OIL recorded 30x on the listing day.
Oil Art’s Strategy to Ensure Profitability
The Oil Art team is taking necessary steps to guarantee potential token owners a genuinely profitable project. At the core of these steps is the constant increase in value facilitated by limited emissions, mechanisms for burning tokens, and active participation in rewarding projects. Bonus dividends are another brief strategy of this project. Oil Art is creating a utility-replete transnational platform commingled with political organizations and a media network focused on promoting digital currencies. This core offering will guarantee a constant rise in the value of OIL as it will become the ticket to this comprehensive ecosystem. Additionally, OIL owners will hold special positions on the network. They will have the right to vote for key decisions and future project developments.
Oil Art Tokenomics
There is a total supply of 100 billion OIL tokens, with most actively trading on the MEXC exchange for $0.012025 (as of the time of writing). This is how the tokens are allocated:
* 30% will be stored in a self-destructing vault with a timer. These tokens will be available for purchase by institutional investors. However, a 10-year sell ban will be placed and mandatory for all buyers. * 30% for liquidity across exchanges. * 15% for ecosystem development and support. * 5% for the team. A mandatory legal and algorithmic ban has been placed on selling tokens within the first five years of launch. * This is to encourage unwavering commitment to the project. * 5% for marketing-related activities. * 5% for insurance funds. * 5% for the development and support of the coin ecosystem.
OIL recorded a 40x increase in price in a month and has continued to grow since its exchange listing. With new features and a comprehensive platform to be rolled out by the team soon, the price of this token will continuously exceed expectations.
The Oil Art project seeks to rekindle users' interest in the crypto world and offers unique opportunities for investors. The combination of art and cryptocurrency provides an innovative ecosystem for all participants.
