The Solar Oil Project is an innovative movement that addresses one of the major environmental challenges that we face on the planet today while providing oil-backed token rewards. It has been estimated there are over 100,000 abandoned or underutilized oil wells in the U.S. alone.
The reason the oil wells get abandoned has to do with economics. It can simply be too costly to run these inefficient oil wells and owners simply walk away.
Abandoned oil wells are a major danger to the environment. They leak methane and other pollutants into the air, water, and surrounding environment. This problem is so severe, that it has been estimated that just in the U.S. and Canada, it will cost taxpayers nearly $500 billion to clean up these wells.
So what is the solution? That’s where the Solar Oil Project comes in. The Solar Oil Project partners with independent operators to take over these oil wells and replaces the inefficient pump jacks with new solar-powered eco-friendly pumps. The new pumps are much more efficient, automated, and cost-effective to operate.
What Can We Do To Save The Planet? With the oil and gas industry being one of the largest sources of methane pollution, it would make sense to target cleaning up methane pollution here. One of the great things about the Solar Oil Project is that not only can you contribute and make an impact on saving the planet, but you can also be rewarded for the oil production for 10 years.
With this initiative, you can make a big impact on yourself and your family without ever leaving your home. You’re helping to turn oil wells more green and environmentally friendly.
How Does The Solar Oil Project Work?
To start, one needs to purchase what are called “Solar Oil Access Tokens” or SOAX. At $0.10 a SOAX, one must start with a minimum purchase of 200 SOAX or $20 worth.
Once you have your tokens, you can view the portfolio of oil wells currently being worked on and select which one(s) you want to help revitalize. This is done by staking a 10-year blockchain-based Smart Contract.
What that means is that based on the number of tokens you purchased, you can claim a portion of the oil production from that oil well for 10 years. When the oil is retrieved from the oil well, you get a portion of the production in “Solar Oil Production Tokens” or SOPX.
The SOPX is tied to the worldwide price of oil and cannot be manipulated. Once you have at least 0.25 SOPX that has been produced from your contract, you can choose to claim 100% of the oil production to withdraw or choose to compound any percentage you like.
This initiative works best with more people participating. Therefore they also have an affiliate program so that you can earn 10% of the amount put in by those who signed up through your special link. Therefore, even if you cannot invest much, you can still be successful with this by referring others who can make meaningful investments.
How To Get Started
Sign up for the FREE training on how to get set up and 10x your Solar Oil Project investments (there are no upsells or anything else to buy from the free training). Please click here to get started
Media Contact –
Name: Anderson Calister
Email: [email protected]
Company: Calister Solutions
Disclaimer:- This story has not been edited by ZEXPRWIRE staff and is comes from Calister Solutions. For removal of the press release email us at [email protected].
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