🛢️Extract Oil
Last updated
Last updated
To do a good job, one must first sharpen one's tools.
Oil fields in this game are non-fungible tokens (NFTs) that represent virtual assets. These NFTs can be bought and sold using VIM USDT,or $Oil, a cryptocurrency specific to the game.
The total supply of the oil fields is 10,000. There are 3,000 G0 NFTs for presale.
There are three distinct types of oil fields in the game, each with its own unique characteristics. European oil fields are known for their large reserves and high output, while North American fields are known for their advanced extraction technology. Middle Eastern oil fields, on the other hand, are abundant and have rich histories within the game's virtual energy market.
ROI, or return on investment, is calculated based on the VIM value of your total $Oil output relative to your initial investment in Oil Fields.
The $Oil output in absolute number terms may change due to fluctuations in the price of $Oil, but the dollar value will remain unchanged.
From the frozen tundra of the Arctic to the scorching sands of the desert, these virtual oil fields offer endless opportunities for players to explore and compete in the global energy market.
Each oil field boasts distinct reserve levels and production costs, providing players with a strategic landscape to navigate as they make informed decisions about purchasing and trading these valuable assets.
As the proud owner of an oil field, you're one step closer to becoming a tycoon. But don't think that the black gold will come out of the ground on its own – there's one more hurdle to overcome. You'll need to pay a small fee in VIM or $Oil to set up a drilling rig.
But here's some good news: if you're a Gen 0 oil field owner, you'll get a free drilling rig with your investment!
Once you've got your equipment set up, sit back and watch the magic happen. It will operate automatically, pulling oil from the ground until the yield is exhausted. Then, simply visit your oil field every 24 hours to collect your mined oil. It's that easy!
Europe
Relatively small reserves and high production cost
Potential ROI: 200-300%
North America
Medium reserves and production cost
Potential ROI: 200-400%
The Middle East
High reserves and low production cost
Potential ROI: 400%