SWE Token

The SWE project is unique in that, instead of turning to complex dealings with middlemen, it turns to the power of tokenized crowd selling. Since crypto tokens are only possible thanks to blockchain technology, the next section will describe this new technology in further details

As discussed earlier, E&P project often realy on bank loans, project, partners and private equity. As a result, these projects oftern have complex, opaque financing structure that insert a multitude of middlemen into the picture.

Oil prices steady as rising demand outlook tempered by COVID worries. LONDON (Reuters) -Oil prices were steady on Wednesday as support coming from forecasts of a recovery in global fuel demand was tempered by a surge in India's coronavirus cases and rising U.S. crude inventories

Other benefits for the company include avoiding legal challenges and tapping into the local workforce in a competitive way.

Silver Wave Energy Has Built Important Government Relationships. In addition to an expert team, the success of an oil project also relies on the relationship forged with the local government. Good relationships can lead to better access to acreage and oil field services.

Having a strong working relationship with the local government can make it easier for an E&P company to obtain licenses, permits, and other approvals that ensure smooth conditions for operations.

Project Development and Costs Since SWE has already completed preliminary assessments on Area 1 with positive results, the next steps of project development include 2D and 3D seismic studies.

One of the most promising new innovations in venture financing is the token sale. That is what Silver Wave Energy—a Singapore-based E&P company— wants to bring to the oil industry.

📢 SWE Token Pre-Sale! (15 million SWET only to be sold) 🛢Price: 1 BNB = 30,000 SWET 🪙Minimum Buy: 0.05 BNB - Max 10 BNB 📤Send BNB to Our official Wallet: 0x758Fa7c27E1667046A7c425039a6f2481022A59d ⏰Listing Date in PancakeSwap: May 7th, 2021 #SWE #BSC #Pancakeswap #BNB

SWET token has successfully migrated it's SWET token to new Smart Contract based in Binance Smart Chain. bscscan.com/token/0x2402a4… Old tokens will become useless and obsolete. #SWET #BSC #BinanceSmartChain #pancakeswap #Binance

By contrast, asset-backed tokens can be traded on secondary markets. Token holders can therefore release capital by selling their tokens on secondary exchanges at market prices.

Providing Liquidity to an Illiquid Investment In addition to decentralization benefits, token sales also bring liquidity benefits to E&P projects.

Private equity investments in E&P projects are typically highly illiquid, with capital locked into the project until revenue can be generated through oil production.

Big Oil is just one industry hoping carbon capture will help it survive the new green economy “There’s the thought that we should spend whatever it takes to keep global warming below 2 degrees C," one environmental expert said.

The new smart contract will replaced all existing SWET tokens with new SWET tokens based in Binance Smart Chain, in a ratio of 1:1. bscscan.com/token/0x2402a4… Old tokens will become useless and obsolete.

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The form has been closed! SWET token has successfully migrated it's SWET token to new Smart Contract based in Binance Smart Chain and hence the token swap 🔄 form is now closed. Old tokens will become useless and obsolete.

Energy Giants Ditch Oil and Coal Projects. Smaller Rivals Want Them. BP, Rio Tinto and others sell assets for financial and environmental reasons, in possible boon for those who still embrace fossil fuels #SWET #BITCOIN #BSC #BINANCE

It's reasonable for oil prices to be between $60 to $75 in a year's time, says oil expert Dan Yergin.

♨️ SWE TOKEN AIRDROP IS LIVE Join SWE Token airdrop, complete the airdrop tasks to earn $35 SWET for completing tasks, additional $3 SWET for every referral. Airdrop Link: t.me/SWETokenAirdro… Airdrop will end in May 20, 2021, Airdrop Distribution will start June 10, 2021.