Real BitOil updates
A plain log of progress, newest first. Want these by e-mail? Sign up below — we only write when something real happens.
- Play BitOil
The BitOil Arcade opens
Six play-money games are live: a free Daily Spin, the Weekly Barrel Draw, the oil price guess, and Oil Slots, Crude Crash and Barrel Dice for adults. Results are drawn on our server and the odds are published. Everything runs on play µBIT — no real money, nothing to buy.
- Research
Whitepaper draft v0.1 published
A first plain-English draft describing how Real BitOil could work: the unit, how value might be held, price feeds, transparency, risks and the legal questions still open. It is a draft for discussion, not an offer.
- Play BitOil
Play BitOil launches
A free play-money game: sign in, get a welcome bonus, check in daily, guess the oil price and pass Learn quizzes to collect play µBIT. Play µBIT has no cash value and is separate from Real BitOil.
- Design
Unit defined: 1 BIT = 1 barrel of WTI
The reference model is now one BIT per barrel of WTI crude (about the WTI price in US dollars), with micro BitOil for small amounts: 1 µBIT = 0.000001 BIT. This replaces the earlier 1/100-barrel model.
- Milestone
BitOil.com research site goes live
Live WTI, Brent and crypto prices, explainers on commodity-backed stablecoins, and a sign-up list for project news.