Tokenizing oil as a security: how OilXCoin is bringing regulated RWAs to Web3
When most people think of entering crypto, they imagine buying Bitcoin, dabbling in Ethereum, or maybe even chasing the next memecoin. But what if your first token wasn’t speculative — it was tied to something as real and grounded as crude oil?
In this episode of Web3 with Sam Kamani, we’re joined by Dave from OilXCoin, a startup doing the hard, often overlooked work of bringing real-world assets (RWAs) into Web3. Their offering? A security token backed by actual oil production — fully regulated, transparently issued, and built to onboard first-time crypto users with real-world exposure.
From BMW and IT to tokenized oil
Dave’s journey into blockchain wasn’t your typical “crypto native” story. With a background in IT and time spent at companies like BMW, his path reflects a growing trend: experienced professionals entering Web3 not for hype, but for infrastructure.
His pivot into energy led him to build OilXCoin — a project that tokenizes mid-sized U.S. oil leases and shares production revenue via a compliant, security-backed token.
Why oil? Why now?
OilXCoin is not pegged to the price of oil. Instead, token holders gain exposure to the production itself — meaning the upstream drilling, extracting, and selling of oil.
This structure gives the token its status as a security, not just a commodity. The token’s value includes operational upside from actual oil sales, creating a much more dynamic and investor-relevant proposition than, say, a stablecoin or asset peg.
For context:
Tokens are issued under a full prospectus approved by Liechtenstein’s FMA.
The token is ERC-20 and lives on Ethereum — leveraging transparency and smart contract security.
OilXCoin takes a 0.75% transaction fee to grow the underlying asset base — no staking, no fluff.
Built for people who don’t own crypto
Perhaps the most surprising insight from this episode: 85% of OilXCoin’s early buyers had never held crypto before.
This isn’t just another RWA experiment for DeFi insiders. It’s a compliance-first product designed to serve conservative investors and first-time token holders who want exposure to tangible, understandable assets.
Oil — for all its global complexities — is familiar. People understand barrels, revenue, and commodity value. That familiarity lowers the barrier for those sitting on the crypto sidelines.
Clarity over complexity
In a space obsessed with yield farming, staking, and ever-expanding features, OilXCoin takes a radically different route: simplicity.
There’s no staking. No wrapped derivatives. No gamified dashboards. The goal is clarity — particularly for a user base that cares more about legitimacy and less about the latest DeFi trend.
Dave puts it plainly: “We’re not building for degens. We’re building for people who want transparency and trust.”
The compliance moat
While many Web3 builders shy away from regulation, OilXCoin embraces it.
The project navigated the extensive regulatory process to be approved as a security by Liechtenstein’s FMA. This makes it legal to offer the token publicly across Europe, which is no small feat in the crypto space.
But regulation also brings friction. Dave notes the difficulty of listing security tokens on centralized exchanges, many of which are hesitant or not yet licensed to handle securities. That said, OilXCoin is playing the long game — banking on a future where compliant exchanges become the norm, not the exception.
Real revenue, real oil
OilXCoin generates income by extracting and selling crude oil from U.S. leases. The resulting profits — minus fees — go toward expanding production or rewarding token holders (depending on how the model evolves with regulation).
And this isn’t just theory. The operations are already underway. Token holders aren’t just betting on market speculation — they’re tied to an active, cash-generating enterprise.
Final thoughts: RWA done right
Tokenizing real-world assets is one of the most promising yet misunderstood applications of blockchain. OilXCoin stands out because it’s not chasing the latest trend — it’s solving the harder problem of legal compliance, conservative onboarding, and sustainable operations.
This episode is a rare behind-the-scenes look at what it takes to build something tangible, regulated, and ready for mainstream users. If you're serious about the future of crypto and how it interfaces with the real world, this conversation is worth every minute.
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