Bitcoin Forum

ABSTRACT
The Bitugene Project is a blockchain driven application designed with flexibility, scalability and functionality in mind. Bitugene serves to create a platform where petroleum and other petroleum products can be traded securely. It gives potential customers and merchants the means to diversify and, the room for all and sundry to checkmate arbitrary prices.

BACKGROUND AND PROBLEM
While there are many challenges befuddling the oil and gas industry all over the world such as supply chain management, logistics, pricing etc., the Bitugene Project will, however, focus its attention on flexibility and ease of service. Undoubtedly, blockchain is a new force to reckon with in the financial sector within the past five years, several business models have been implemented on the blockchain.
One striking feature about blockchain is its decentralized nature, it tries to give people power over their finances by removing an intermediary. Some problems within the petroleum space that the Bitugene Project will address includes but not limited to:
•   Delayed settlement in paying for petroleum products such as gasoline. This project, with the help of its tokens, will make payment almost instantaneous;
•   Inefficiencies resulting from players in the supply chain such as the delay or duplication of contractual agreements;
•   Single point of failure in the supply chain may occur due to a hack, fraud or mistake;
•   Rigidity available in the current mode of operation;
•   Expenses associated in times of dispute.
https://i.imgur.com/2kJStlI.png

SOLUTIONS
In the light of the aforementioned problems, some of the key solutions have been highlighted below. Recently, the price of a barrel of crude oil has been at its lowest ebb and leveraging on the blockchain technology can help increase the profit of all and sundry in this industry. The solutions to be employed are listed below (not limited to these):
•   Flexible and instantaneous settlements;
•   Removal of an intermediary;
•   Immutability;
•   Increase in transaction visibility;
•   Increase in trust between users;
•   Reduce vulnerability;
•   Increase efficiency and effectiveness;
•   Ease of service

TECHNICAL OVERVIEW
The Bitugene Project provides a platform where cheap, reliable and secure access to petroleum and petroleum products can be realized. Companies/Merchants and potential customers can carry out business peer to peer on the network thereby enhancing efficiency, productivity and eliminating time wastage, increased overhead costs, ambiguity and complexity. The project will be centered on existing applications (open-source) in order to ensure compatibility with already developed software(s) in the cryptocurrency market.
Our platform is blockchain-based, this will help in widening the adoption of blockchain technology in every sector of business and most especially, in the oil and gas sector. This will ensure decentralization and distribution of units in the industry at large. The features of the project are
•   Peer to peer trading of petroleum assets
•   Blockchain applications for exchange and conversion of cryptocurrencies
•   Digitization of petroleum assets
•   Building a decentralized infrastructure for the oil and gas industry at large
The platform will use the TBP tokens for exchange of value. The Bitcoin (only for the Main ICO) and the Ethereum blockchain will be used for the token generation event.

https://bitugene.io/technicaloverview.png

APPLICATIONS
Applications that will be built throughout the lifecycle of development on The Bitugene Project are listed below:

• Wallet
• Marketplace
• Bitugene Debit Card
• Baclkoffice
• Petroleum Aggregator
• Bitugene Exchange

https://bitugene.io/roadmap.jpg

Token Details
The sole purpose of the Bitugene ICO is to raise funds for the design, development and implementation of applications for the Bitugene Project. The Bitcoin (only for the main sale) and Ethereum blockchain will be used for raising of funds for the project. However, the Ethereum blockchain is the primary platform for our ICO.

Required Information
•   Donations will be accepted in Ethers and Bitcoins (main ICO only). Ethereum is the primary donation platform, Bitcoin is just an alternative.
•   The main Initial Coin Offering (ICO) will last for 30 days
•   All unsold tokens during the Presale and main sale stage will be burnt.
•   If the minimum required capital of 1 000 000 USD is not reached at the end of the crowdsale, all funds will be refunded to the address it was sent from (take note).
•   Hard cap is pegged at 10 000 000 USD.
•   Bonuses will be given during the presale and mainsale respectively. That is, 1 – 10 ETH (+5%), 11 – 20 ETH (+10%), 21 – 30 ETH (+15%). The maximum donation  per individual is pegged at 30 ETH.


THE TEAM (https://bitugene.io/#slide-4)

SUMMARY
The Bitugene Project is the first blockchain project to beam its searchlight on petroleum and petroleum products. During the full-scale operation, the platform will help connect oil and gas companies with customers. This will, of course, increase the visibility of all petroleum products on the internet as assets and, flexibility and ease of service will be guaranteed.
Price prediction of TBP tokens as it hits the cryptocurrency exchange according to our experts is targeted at slightly over $2.23, reasons being “first of its kind”, the ICO price finished at $1 and the rate at which petroleum products are affecting our day-to-day living.

WEBSITE - https://bitugene.io

WHITEPAPER -  Whitepaper EN (https://bitugene.io/bitugene_whitepaper_en.pdf)

TWITTER - http://twitter.com/@bitugene

TELEGRAM - http://t.me/bitugene

AIRDROP - http://bitugene.io/airdrop.php

UPDATE - In talks with popular exchanges such as Poloniex, Bittex, Cryptopia and Yobit in order for TBP to be listed as soon as the mainsale ends.

Congratulations, it looks like a beautiful project. I hope you succeed. I wrote on my site about this project:


http://www.bitcoin-yatirim.com/2017/12/02/bitugene-projesi/


Please contact us if you need support or if you need Turkish translation.

I have also registered for the airdrop.

BITUGENE, I must say has a very good project at hand, and as such will do better, aside from the airdrop options, I think am gonna invest in this one. Nice job dev team.

A good idea of the project. Oil will be relevant for another decade.

Am trying to register for the airdrop, but I'm not getting any positive response as per whether it was successful. Hope I haven't submitted multiple of duplicated info of myself. Please kindly check this Saturday it may affect others. Thanks.

good project dev,oil is indeed the world's largest natural resource .. hopefully bitugene became the largest in the market crypto

Petroleum blockchain is nice idea. I think it will be sucessful project. I had problem with registration twitter URL (limit the number of characters)

Token for petroleum products solution is a good project. I think it has a huge potential and future. I'll support this project.

If everything on the roadmap is actualized, the project will surely boom. Its a nice presentaion

are sure to put your tokens on poloniex if ICO is already over?
I am not sure you can do that, because poloniex is not accepted tokens

BITUGENE, I must say has a very good project at hand, and as such will do better, aside from the airdrop options, I think am gonna invest in this one. Hope i didnt wrong choose this!

very nace progect

I like where the projecr is headed. Petroleum industry, a big market to tackle. Goodluck

Creating a platform for petroleum products is something new. I think because your project is one of the first in this field, it will be a little easier for you to promote your platform to the market.

Thanks. You have been reserved for Turkish translation. Also, go to your blog and change the date of Airdrop to 2nd December , 2017 - 27th January, 2018.

Contact us via our support (support@bitugene.io) or via Telegram/Twitter.

Welcome The great project that the first blockchain-based platform in the course of implementing the trading of petroleum and petroleum assets. The Bitugene Project will have its own blockchain. We wannabe a part The Ethereum and Bitcoin network as great community to go to the moon.

Oil is one of the main income of many countries. Even one of your ideas with the help of the blockchain as the removal of intermediaries will increase the flow of funds to the state budget. And if Bitugene Project provides also reliability, speed and safety in access to oil, then it will have a bright future.

If you have any query, try to contact us on Telegram or via our Mail (support@bitugene.io) with your name so we can look it up. But note, after registration, you'll see a white page notifying you of successful registration.  As a troubleshooting help, try to change browser. Thanks

A good project for investment in the future. Judging by the page the dev team has a big plans. I will follow him further.

Nice work dev, 
Creating a project on petroleum and crude it's one of the kind.
I see a great future for this project

This is a promising project. Waiting to see it on the list of some exchangers. Congrats team!

Wonderful blockchain-based project! very nice concept I would like to participate and support this platform because it looks very promising and interesting project and also have a huge potential to success in the future, I'm really glad to be part of it. Good luck Dev, hope your projects running well and succeed, more project updates to come.

your twitter link isnt working ..

I hope this project fulfill the road map, as am seeing petroleum and petroleum asset, well I see great project and great team

You don't need to worry about this. Our project is in phases. Our senior developer will tackle this if it poses a problem.. Testing of wallets will kick-start in January 2018.

Hello Dev
Good luck with project development.
There will soon be some great development coming.
I think the project should be for everyone.

Oil is always interesting! Let's see how you show yourself.
Good luck. :)

One of the on demand supply in the world..is now on blockchain..great job dev!! this should be supported and invested..more power!!

A decent project in a long while by the looks of it. I wish this project a big success in the near future
and want to the see the coin make a difference in the cryptoworld.

Excellent project. Let's get all behind this project which is trying to serve a greater purpose in order to change our daily lives through cryptocurrency!

Project look not bad! Welcome to our website. We are the most informative ICO list, i think it helps you with funding. Good luck  ;)

Cảm ơn

Avery good project created to use resources efficiently.

I will follow the project closely.

Oil is the main income of many countries.. project bitugene with the help of the blockchain abolish the intermediaries increase the state budget. project Bitugene also provides advantages, quick, and good security in access to oil, the project bitugene this his prospects were good and I'm sure this project will attract investors.. this project definitely achieved the target

I like where the projecr is headed. Petroleum industry, a big market to tackle. Goodluck

The idea is very successful and I think the project will be a successful community should support you. Thank goodness it's not too late to join this airdrop. also which is the exchange will be listing in about our coin in the near future?

I can sense this will be great and successful project platform in the future.A first ever oil-based digital payment project.Im excited to get hold of this coin. Goodluck dev.Im willing to invest on it.

Hi
At first glance looks like
bitugene diffarent from all those random project unfolded overnight with airdrop.
For first time I'm
seeing such a  project want's
to bulid an oil marketplace on top
of Blockchain.
I will try to give some reading
for learning more.
Anyway felt curious to
see the visual notes of bitugene. The only reason of quotation
of this ANN.

Cheers

Thanks for the quote.  Limitations on new account hasn't made it rosy for us. All links to images have been fixed.

Hey
Yeah, there was one
invalid image. Now all three
gets visibility.
Few minutes ago visited
Bitugene Twitter handle. And the account is newly created.
At the same time I can see from your website the project has stated early this year!
Can you explain little
bit more about the reason behind of lately started promotional activities?

Regard

looks sirious end diffrent. i will supose godd luck guys

nice article and good explanation what AI can do in helping people with blockchain technology, i just wish that more people will realize the value
of AI and how this can be more effective with this new system, looking forward for more updates and i will try joining any bounty that you have
from the social media, good luck to your project dev team.

Design of site is super. Project and idea are awesome. With this deals you will be the best. Good luck dev

Nice concept for blockchain platform where petroleum and other petroleum products can be traded securely.
I think that this project is expected to succeed.

Ohh, Its superb. I'm excited to know about Bitugene. Hope and wish it would reach peaks in Cryptocurrency world.

Hi. Regarding on the airdrop, why does it say "you are currently registered" when in fact, it is my first time to join this now. Could someone be using my details? Hope you can address this issue

i will join

I think you will succeed.

Great project. I believe in your professional team and I'm looking forward to seeing you at the top! It sounds like an awesome opportunity to be a part of it. I wish, your project will be a very successful one! Good luck to the developers!

Project is looking really promising.Happy to join the project.

Best idea of the project

good idea about the project..lets help this and go to the moon..

Just a bit info dev, someone used my colleague details to participate in the airdrop.He can't participate anymore..

I like this project, I want to support this project with translation into my language (Indonesia)

ok. the date updated.

I really like the projects based on blockchain. And this project is no exception. They are very reliable and transparent. In such industries as oil and gas blockchain is really needed. This need for control at any stage of production these products. This is a really cool project. ;)

This is a very complex market and does not lend for how long. Good luck to you.

These projects are encouraging, thank you and wish you success

I would like to know if there will be a bounty for translations. I would like to help you with spanish translation!

This project is very interesting. I want to invest in.

Great project dev!!!
Hope this will grow bigger and tougher project dev!!!
Goodluck dev!!!

Patroleum using blockchain, its interesting project, keep my eyes on this project, and also good luck for dev team

I fulfilled all the conditions,
I think that this is a very remarkable project.
I wish good luck in the future !!

joined the project, good luck!

Oil blockchain is a good idea. Great project, thank you! I joined airdrop. I hope I will soon receive a bonus token.

Interesting. I think this project is promising. Wish u success.

A nice and unique concept,  the petroleum concept is just brilliant.  This project would be a success and i would inveat in it for sure.  Good luck Devs

by reviewing this project, I guess most crypto enthusiast will support this. As part of the plan, seing how blockchain applications for exchange and conversion of cryptocurrencies and Digitization of petroleum assets will be used for the generation. Hoping for your success dev and team！ :)

Hi guys! I got acquainted with the project, the road map, I'm sure you will succeed!  :) ;)

Hi! At first glance, the project deserves attention. I will study in more detail and, possibly, support you on the ICO.

more detail about your project,such as like your roadmap??

The Project  looks really promising... Good luck dev !!!

I joined. Stunning project. I believe in its development. Good luck to the team

good project oil is indeed the world's largest natural resource hopefully bitugene became the largest in the market crypto

Great project! I joined

Nice this is a great and good project. I will join this project.

I like where the projecr is headed  :)
Petroleum industry, a big market to tackle  :)
Goodluck  8) 8) 8)

petroleum industry, a big approach . i am with you in this . btw nice website

BITUGENE have awesome conceptas as pioneer in petroleum/crude oil blockchain based project


Wish this project will be success in the future  :)

Very cool concept and roadmap! I don't usually get involved much in the PR phase but you are providing good incentive and it is motivating!!  I wish us all great success!! I'll keep myself posted... by following BITUGENE closely :D

Wow gud project...hoping for the success..
All the best team..

Congratulations, you have the best project I've seen until today, keep it up and be very happy. ;D

Clear and very long term roadmap. Idea sounds very interesting.
I think I will hold this tokens for a very long time. I hope I will not miss token to separate blockchain swap.

Good let go for mining

Platform where petroleum and other petroleum products can be traded securely is a great project. Hopefully it will be successful in the future.

Petroleum products is one of tbe leading necessity of human and I can see a better future for this project.

Petroleum based first secured crypto.good luck guys.great idea 8) 8)

Looks certainly promising project to me. The total supply is balanced. I like the goal and road map. I'll definitely share with my friends. Keep up the good work team!

interesting project, I would like to see here details about the development plans of the coin. I will watch with interest this token

Token for petroleum products is a great project with a solid whitepaper.

these links are not work on website

https://serving.photos.photobox.com/25763071aa9c785a6a02d2341fc4ae56cc62a2ea91b6706f1692960e38025dad186ba25c.jpg

This is Looking awesome and a massive project.very interesting project. BITUGENE will be a huge coin in the crypto field so have buy some bags when it hit on an exchange.great concept with the best team. good luck and success to this project.good luck team enjoy.

Good starting price, not bad bonuses. Interesting project, read more and participate. If you can add the official page on Facebook.

Good luck with project development.
There will soon be some great development coming.
This is going to be used in most places. The concept is really great!
Closely watching the progress !!! Cheers

Perfect project!
I wished I had a blog to write about you guys :/

Hi,

great work.

Thank You!

The idea is very successful and I think the project will be a successful community should support you.
great work.
Thank You!

Hello Dev, The idea is very successful and I think the project will be a successful community should support you. Thank goodness it's not too late to join this airdrop. also which is the exchange will be listing in about our coin in the near future? Joined airdrop thanks Dev good luck success!

Alright, you have been reserved for this. Contact us when it's complete. Bounty is attached to it.


Thanks everyone, we will like to answer everyone at once tlbut there's a 360secs delay after each post so, expect replies later.

I fascinated with PreICO and ICO prices. With identical project thats easy achievable target. Thanks on opportunity to join Airdrop

Nice project . everything is detailled. Website. Whitepaper.   Happy to be in  !   Good luck

I think he will succeed in a great success
I wish you more success and success
good luck
Thanks dev

Great project with the best team and good idea. Hope this will grow bigger and tougher project dev. Goodluck dev success!

very interesting. but how are you going to blow this in the future? after amsuk exchanger if the price of this token will go down. thanks devs

This seems a very interesting project.. I'm interested in a twitter bounty campaign if you create one!

We spent ample amount of time doing other ground work, online presence wasn't on the top of our priority as at then. Our project is in phases and so far, we have been making progress. Thanks.

Thanks for chance to get this token. This will turn out to be a success. Good luck.

A very interesting project. I hope they will succeed and everything will be just fine. I wish you a successful development project.I will follow the development of the project and assist in PR

excellent project.

Hope You big success ! Nice project ! Following closely !

good project.goodluck dev :)

Joined and watching closely as many other projects !!

Good luck to dev team.

BITUGENE, I must say has a very good project

Great and very promising project.I'll be supporting your community.Good luck devs.

Implementing oil, gas and petroleum industry with blockchain technology is a great idea and massive opportunity in this field. Removing mid mans is very important to those who are doing the real job not some man with good connections.

I'll follow the development process BITUGENE and wishing you good luck in this process.

This Token express power! I am in! I want to believe in it!

Good sustainable and profitable project, I am on board.............. 8)

There's bounty attached to it.  You have been reserved for it. Kindly contactus when .

So far, we have reserved Turkish, Indonesian and Spanish translations have been reserved.

I like to see innovation i like where this project is heading

Good luck with your project! Joining the airdrop now to give it a try.

you have a good concept, i like youre desain at website thats so colour full, anyway i joined the airdrop thanks

Been an oil professionbal myself with 30 years experience, I would love to see this project succeed, I'm open for the spanish translation if you need someone.

Great project , enjoy and succes

Thats an interesting way to connect blockchain and real word economic. I can translate the white paper on Russian if you need to. Best way to text me is telegram @smoke2much or pm here. Waiting for your answer!

looks promising project.. good luck Dev and team!!!

Token DetailsThe sole purpose of the Bitugene ICO is to raise funds for the design, development and implementation of applications for the Bitugene Project. The Bitcoin (only for the main sale) and Ethereum blockchain will be used for raising of funds for the project. However, the Ethereum blockchain is the primary platform for our ICO.Required Information•   Donations will be accepted in Ethers and Bitcoins (main ICO only). Ethereum is the primary donation platform, Bitcoin is just an alternative.•   The main Initial Coin Offering (ICO) will last for 30 days•   All unsold tokens during the Presale and main sale stage will be burnt.•   If the minimum required capital of 1 000 000 USD is not reached at the end of the crowdsale, all funds will be refunded to the address it was sent from (take note).•   Hard cap is pegged at 10 000 000 USD.•   Bonuses will be given during the presale and mainsale respectively. That is, 1 – 10 ETH (+5%), 11 – 20 ETH (+10%), 21 – 30 ETH (+15%). The maximum donation  per individual is pegged at 30 ETH.


Looking forward to the project and hope for the best success.

interesting project.... there will be also others bounty campaign?

Good project)) have already collected a lot of pre-sale), the project is waiting for a great future and we hope that we can use it for ourselves.

A very good ICO. I hope you can chase the target according to what has been set on this project. I am interested for following develop this ICO until it ends on 27  january 2018.  I am very sure if this project will succes. good luck

well integrated project. I hope it continues so we see something exploded ahead

It looks
Like this project is in the very early stages, but the concept is a very important one. If a new cryptocurrency was adopted for oil, it would have a huge impact around the world. I think it would certainly make things more fair with pricing and also more stable. Very interesting!

Once of a kind project, brilliant idea that I find different from lots of others out there.

Very good project !!

Actually, it will become a huge potential project. I'm happy to work with that. Good luck

Hello, I never thought that Petroleum Pluchen has a great digital currency. I think that this will have a bright future, especially if the experts join it in a short time. Thank you. I will buy a lot of it from you. I suggest that the buyers buy in an eco stage.

high-proof tokens with a very easy to understand and systematic design system I'm sure this token can be the best and high selling point so the project will run smoothly until distribution and run very successfully

Congratulations, it looks like a beautiful project.

Interesting project. Will follow you

Клaccный пpoeкт я бyдy cлeдoвaть зa ним yдaчи.

An interesting idea of ​​combining cryptomir and the world of raw materials. It can very well shoot

I like  this will be great and successful project platform in the future. oil-based digital payment project.Im excited to get hold of this coin. Goodluck
.

a very perfect website, with a good project.

the bitugene project will be a great success because it has been systematically designed and supported by reliable professionals in the field so that it can make this project will grow rapidly and succeed according to the planning

Love to get more transparency in the global petroleum industry.  This is certainly an industry with too many large players that help inflate prices to individual consumers.  Looking forward to seeing this in action!

Crypto world and oil is an interesting combination! I think this is a very promising direction, you will be the first in this direction, good luck!

Good idea, needs to focus more on the graphics of website and be clear about the technology

good luck

it would have a huge impact around the world

Good luck with your project.

Excited to see all these solutions applied to Petroleum industry ! It's time for a change

Great work guys

We are standing on this website for sharing tokens, bounties, new ICO,WP etc. Thus we hope everytime that we might get new tokens , at least

tokens which will be shown in progress. I hope this project will be one of them.

Great project, I can not wait to see more, anyway good luck

Great project. With this, petroleum products can be purchased at the speed of light. This will definitely make room for greater  growth! Nice one devs!

Hello!
I’m very enthusiastic about your project. I think that your project is a revolutionary one and I love revolutionary projects. Congratulations on your initiative!
I'll help with my humble support to spread the word everywhere.
Thank you for your Airdrop! It’s a very good way to promote your project. Very well done! Keep up the good work! I’m waiting impatiently for the so wanted TBPs! I'm looking forward to your project's further development. Keep going on! Surely this project will go get success in the future.
I wish you good luck and an extraordinary and globally success for your booming business!
To become NUMBER ONE!
Your devoted fan & supporter!

Blockchain could change the way many kinds of transactions are processed. Good luck to the whole team!

Good afternoon. Tell me how will users be able to earn using your tokens?

Creating a platform for oil products is something new. I think this will be a breakthrough as it would be one of the first in this field

i'm excited of your website and of what you're doing as well

this project concept is great idea ..oil platform is a unique way to succeed in crypto world best of luck dev team..see you on the big exchanges..have my support in this. thumbs up:)

 Ijoined airdrop

We currently do not understand your question perfectly. However, to shed more light, the tokens will be used for settlement of sales on the network. For individuals as yourself, the value of our token may tilt either ways (increase or decrease), so with our tokens in your possession, you already know the benefits and downsides attached if it tilts any ways. Thanks and stay positive.

Hey
Well, that was the easiest
way for giving answar of my question. Little a bit details about all those already finished works could easily lead to make your feedback more appealing.
By the way my best wishes
for Bitugene. And Thanks for
your time!

Cheers

Crude oil and cryptocurrency. Now that's a tag team worth a shot. The first of its kind I've come across. Watching this one with excitement.

Congratulation to the dev team for this project,for sure it will help the petroleum industry

GOOD LUCK!

Your Project is very interesting about petroleum & crude oil in blockchain based project is unique and profitable project. The prices of the oil is increase day by and if investment in the project get huge profit. I definitely participate in the project and contribute in the ICO. I refer the project to the friends to join them. I follow your project and looking forward. thanks dev

Great project indeed

Really interesting project, wish you success.
Good luck dev !!

Following this project, seems very nice

Hello :)

I see the future for this project.
I bring you good luck for the idea.

Good and interesting project. Good luck!

excellent initiative to support this event that everyone should know  ;D

Great to see a project thats focused on the petroleum and crude oil industry, it's a big money market and if you can tap into it then you can make a lot of money. I also like the limited supply of the token, if there is high demand then the token will become very valuable!

The petroleum market is pretty massive and this project might help bring old-school and new technology together.

Happy to follow this one.Looks promising.Waiting for big news.Good lucK!

Great project i wish you the success i joined the airdrop best of luck

Petroleum Blockchain. This is awesome. I hope this project will be successful because it's road map is impressive. Good Luck BITUGENE.

Excellent project.  Can't wait to see future developments.  Good luck and thank you for the airdrop.

Good idea, the oil market is so huge, if we can use the technology, I believe he is desirable, but I am also worried some oil official supervision, affected, after all, this is the world are eager to get. I wish you can really put technology to the petroleum industry, which would be a subversive experiment.

Oil + Crypto = Game Changer if we can get off the petro dollar.

Excellent project dev. Joined

If operate cross-regional, there are a lot of problems to be solved, are you all solved? such as laws and regulations in various places

well see how this goes, got into the airdrop campaign as well.

Certainly petroleum based markets will continue to have a HUGE amount of trading for decades, and if this project succeeds the token will fly high. Also, I was impressed by the outstanding transparency of the whole project.

Hello,
What a great idea! Combining smart contract technology for the oil and gas industry has a great potential for future application.

Best wishes and good luck!
R.

Interesting project. I'm glad to be a part of this project. I will follow its development. Good luck to razrabotchikom.

Petrol.. one thing that controls the financial markets of the world and if this coin can properly capture this industry,.. well Boom... there won't b a stopping to it then.. it has got the room to explode seriously big... All the ingredients are there, idea is nice, market is lucarative. all the devs need to do is to stay active and make this project coung,.

Happy to be a part of the project, the future use of oil is very promising for many years to come.

Great contribution to cryptocurrency world.  Thank you for creating this dev. Good luck all the way!

Glad to be on board and part of this amazing project.

very nice project dev great

It is on. Check the bounty page available at bitugene.io/airdrop.php

Good job dev.Nice project.

I was convinced by the solution of the project, putting the blockchain on the world's most important energy source was a great idea, I  invest in your project.

Looks like the first of its kind. Good luck in this project

Really liked the project! Probably will invest. This coin rises to the moon. Good luck!

With just 10m tokens planned, nice and low,
Good for the value, I like the idea.

This is a good project. Good luck.

hey dev i think oil is a very important part these days. I just joined telegram in order to take part at airdrop what do i have to do else tan filling out the form to be eligable for aidrop ?

How can we trust you guys if a highschool can even do a proper edit to their logo? You can even see the edges on that B and G.... Just saying.

All concerns noted, expect improvements shortly.

Great project
With a very clear explanation of the purpose, this project looks very interesting
Hopefully this project will be successful later
Good luck dev

What with the price of a barrel of crude oil and the rate at which petroleum products are affecting our daily lives gives potential customers and merchants the means to diversify and, the room for all and sundry to checkmate arbitrary prices.

I would like to take part of the airdrop, i wish you the best !

Where is this petroleum coming from? I mean the concept and idea are all great but as far as i know petroleum is completely centralized throughout the world, unless you are a lucky Saudi prince. I am not trying to fud but would really like to know this.

You're right about crudeoil being centralized. But you're missing a point here. Have a look at the Whitepaper, petroleum products such as gasoline, kerosene, bitumen etc. can be traded on our platforms and the tokens can be used for fast settlement. Pertaining to petroleum, hopefully if we start with petroleum products on our platform/blockchain, it may change the modus operandi. Decentralization is coming!

Warm regards.

BITUGENE, I must say has a very good project at hand, and as such will do better, aside from the airdrop options, I think am gonna invest in this one. All the way past MARS

If this project can create a platform where petroleum and other petroleum products can be traded securely - it will be best project and get more power ))!

Website looks like dogshit and I can't find any of you guys online. No linkedin for anybody, just ancestory.com references.  ::)

The topic is not residual new, but I did not see a good implementation. You have a chance.

Hi!  :) A good project. I'm sorry that I did not notice him before. I read WP, everything is very well described. I wish success to the project and the team.

This is really a great concept, wish this project good luck!

it is a great project, frankly I am very enthusiastic! I will follow that very closely. Good luck to the team !!

i really like this one :) :)

Where can I find out if I'm on the list of aidrops? And where to send reports on Twitter?

Good project, blackness will always be a resource that we will always need. I hope that after being included in the main exchanges

Ensure you add your Twitter profile to the form at the airdrop page. The list will be published roughly 10 hours before rewards start.

Nice and smart project. Good luck

hey guys how can prove that i retweeted all your tweets (form says at least twice a day) to get the airdrop bounty ?
Really looking forward for this project

I think you have a chance to apply a blockchain to this industry. You will definitely find your place in the market of services.

Our team is dedicated, the spreadsheet will soon be made public.

Thank you for your quick response .Alright that is great to hear dev that you are dedicated in in publishing the spreadsheet hope i am in.

Great project!
I wish you success!
Blockchain is changing the world!

This looks interesting but did you even think that you ask too much for this coin on ICO? Others devs has pays from their own pocket the list on exchanges, anyway if you want money for exchanges and some money for your effort you should ask lower in my opinion. Let's say you gather 1.000.000 $ , what you will do with this funds?

Hello dev and all. I believe this project will be successful！This is a very interesting and unique project ! Thank u very much.

I'm amazed to this great project
Very interesting small amount today going for a big project industry
This will moon sooner
Full support TBH !!

This is a great project, using block chain technology to store records in the petroleum industry. well-done dev. Wishing you great success . already joined

Thanks. We are doing all we can.

Really interesting project, wish you success.
Good luck dev!

Nice project

wish you all the best. A good idea of the project

Thanks everyone. The rewards for the Airdrop will commence shortly. PreICO will start in less than 15 hours. Details will follow in a short while.

PreSale is Live!

Go to http://bitugene.io/contribute.php

Only 2 million TBP tokens are available. The presale price is 0.35 USD / TBP token.

All BITUGENE followers, Lets make this thread more interactive and informative. Not spamming is more important. From this message onwards, we will discuss about this project and analyse what are the pros and cons. Importantly, developers are listening and very interactive in this project. Lets make use of that and benefit each other. Lets start.

Presale is live now at attractive price. We should not miss this opportunity to be part of the best combination of project. Just announcement came from admin that they are rewarding 50 BITUGENE coins for social media promotions. so keep minting extra coins. that too a good coin of the future..

An important update has been posted on the contribution page for users donating via myetherwallet (mew). Investors using myetherwallet  should ensure they set the gasprice to 53 GWEI or above. Details at http://bitugene.io/contribute.php

This project can bring the benefits of peteoleum trading to a much bigger user base through blockchain. Looking at the Bitcoin rally last couple of days, the future of all the current projects if they fulfill their roadmap is going to be huge in the next two to three years. Projects such as Bitugene will have extra first mover advantage. Hope the team achieves its plans in time. All the best.

Thanks for your support. Everything is spelt in the Whitepaper, we hope the community can help make tgis project come to fruition in the petroleum sector.

I looked into the roadmap of BITUGENE in a detailed manner now. You have lots of plans. I could not easily understand when the product is expected to launch? Or do you already have product and existing business?

Thanks for the question. The Bitugene Foundation has a list of products/applications we plan to work on as is evident in the Roadmap. After the main crowdsale, the product will be released one after another in phases. Take a look at the Roadmap.

Thats clear answer. I am aware of the new products coming one after the other. I was not aware of already existing product. Thats why I raised the question.

Do we have Pre-ICO progress counter in the website? I could not see that anywhere in the website. Is it possible to have that counter in the website, so that others follow it in real time which will also attract many invesotrs basically.

One of the major attractiveness of this project is the combination of two major hot areas. 1 blockchain and 2 petroleum industries. Admins are eager to provide us with answers regarding their project and products almost instantaneously without hesitation. Admins love to hear more questions, critics and also concerns from bitcointtalk forum community. Looking forward to see more participation and questions. I will prepare my questions in the mean time.

Use of funds is clearly written on the Whitepaper. The highlights are:
Legal and advisory
•   Marketing and advertising
•   Incentives on the network
•   Administrative and general business expenses
•   Application development
•   Operational costs
•   Financial analytics
•   Reserve
•   Maintenance

You made a comment on how you want to use the funds later on. But I guess this does not give answer about why it is expensive? That is what he means with why you ask too mcuh for your coin?

Honestly, it is not too much. Simply do the math. Compare our token supply/price and other ICOs. Would you rather prefer 100 million tokens at a price of $0.1? It will equal ours with 10 million supply. However that's not the basis of our price. While drafting the project, we planned to keep the supply low. Take a look at our minimum goal and hard cap. The price quickly came into the picture as soon as we arrived at the total token supply.

After reviewing the whitepaper for the second time I'll post additional opinions, besides the one (https://www.reddit.com/r/Bitugene/comments/7ha5vh/bitugene_bounty_program_join_here/dqq1mrq/) describing that Bitugene is concerned also about unforeseen impacts and side effects.

• The project is set-up on a very well elaborated basis describing the aspect of petroleum industry, its role, issues and solutions. The main approach is straight, clear and complete transparency is taken seriously. It is written that if the funding do not suffice the pre-set limit at the end of the crowdsale all the funds will be refunded. (take note)
  
  The team is determined and ready for implementation.
  
  
• The business model diagram is strictly schematic, which is common at this point and also appropriate. However, the execution of plan is very important and two or three most important elements of the model (those which induce rapidly the flow and improve profitability right at the beginning) should be presented in details or at least with additional specifications. Any potential investor will demand for action plans of each mission or task. Therefore, the project is lacking methodology-wise detailed information.
  
  The concept has a lot to show, so it should be pointed out. Focusing on marketing strategies comes at a later stage. What 5000 members can do today on telegram channel, later can be achieved by 1 PR specialist in a couple of days.
  
  The coherence of the three sectors (upstream, midstream and downstream) is very important. This is shown in the document. What's missing is an example representing how to bind those into the dimension of flexibility and scalability.
  
  
• You should concentrate on standards. All ongoing projects rely on blockchain as a universal solution. It might be, although so many activities and blocks of data flying around each second ? That produces at least the same amount of disinformation. Without well defined standard procedures and backup-plans and not knowing how to react when something unwanted gets triggered, the whole structure can stall. A system like that could suffer consequences. See what crypto kittens did ? All the transactions have been jamming for several days now. ETH curve fell because of some digital pet.
  

The only trouble I see is that there is no article, no scientific paper or any other sign of the expertise published on the web and stating at least one of the team members. That's abnormal as well as the length of this post.

I agree whether following the counter on the site can attract a lot of attention to the investors.
but hopefully this project successfully and runs with appropriate expectations. and may become a successful team.

I don't understand your question. Could you please elaborate on it? You mean Airdrop?

If you mean to participate in the PreICO, details of how to participate are available at our website. (http://bitugene.io/contribute.php)

There are couple of things Bitugene can do in order to be successful in the ICO. I mention the most important things here in this forum and I hope team listen and implement it. If some others have objection or arguement, please share it here.

First most important aspect is usage of other crypto currencies for buying tokens in ICO. like bitcoin, ltc, and dash even is getting popular. FIAT currencies are also getting attention nowadays to buy tokens. I have seen more ICOs getting successful when they have this multiple currency provision for participating in ICO.

I am looking into this project from day 1. I really see your last highlighted point. I hope to see some articles or any published content from the developer even though this is not common in this crypto world.

btw, length of this post is not abnormal. I simply see it as good post from a person who have good knowledge in this field. Keep questioning here. So that I will also learn to ask basically.

nxnqauff is right. I have never seen article or scientific paper for such projects atleast to go to ICO. normally they publish whitepaper which bitugene is having in their website.

Apart from moderator's thread introduction, describing project, aidrop and bounties rules, people don't read posts very carefully here on bitcointalk as replies rarely contain valuable information. Nice to see someone reading all that and thank you for your constructive opinion.

ganeshramk, I don't think nxnqauff was refering to project's documentation. And neither did I. Read again, we both meant information about team member's previous work, their references. Search for any name listed on bitugene website, no pertinent results show up. None. I find that odd as it is stated that they are experts. Every serious expert can be looked up using any search engine. In any case, at least information about professional work is available. That's not the case for bitugene. Help us out here and pass some references to prove the credibility of people standing behind the scene.

For example, Oliver Komarov with an MBA and 35+ years of experience and Samuel Haven, data scientist and computer scientist - it's like they were ghosts.

Team is busy at this moment with their presales and issues around Eth network. I certainly see your point about team members details and I am sure team will attend to it. Probably a linkedin profile would do the needful. Trust start from the team not just product area. Nice point to be noted for the team.

Hello everyone, it is crystal clear that the Ethereum network is facing a hard time completing transactions. For this reason, the team members and advisors have deemed it fit to put the PreICO on hold. We are currently integrating a user system and a Bitcoin payment system. A new date will be communicated to everyone.

We will address every issue raised in due time.

Thank you for the reply. linkedin profiles would be more reassuring. Will keep following this thread and the progress of the project. Wish you all good luck ! And those cats will eventually calm down and let you work in peace.

Can we still RT Tweets or does it no longer count?