{"name":"WOFI","symbol":"WOFI","description":"World Oil Fund Institution ($WOFI) is a Solana-based cryptocurrency that positions itself as a digital claim on physical crude oil.\nAccording to its own materials, $WOFI aims to turn one of the world’s most important commodities into a portable, on-chain asset. The project describes the token as a “sovereign-grade digital commodity” structured around regulated custody and anchored to real barrels, with the goal of making energy exposure liquid and permissionless on the blockchain.\nClaimed key features\n\n1:1 barrel-backed narrative — The project states it is linked to approximately 1.284 million attested barrels of crude oil held with a “Tier-1 regulated” custodian, with monthly attestations.\nSolana native — Issued as an SPL token with a claimed total supply of 1 billion.\nSettlement thesis — Built around the idea that “you cannot print a barrel,” framing energy as a fundamental settlement layer that can now be traded on-chain.\n\nThe project’s roadmap (as presented on its site) includes phases around trust deed ratification, public allocation, holder tools, and eventual institutional access.\nImportant context: Multiple independent reviews have noted that the oil-backing claims, named custodian, reserve audits, and full legal structure have not been independently verified. There are also reports of multiple token contracts using the same name on Solana, creating clone and wrong-token risk. As with any early-stage or commodity-linked crypto project, the claims should be treated as unverified marketing until clear, public proof is available. Always conduct thorough due diligence.","image":"https://ipfs.io/ipfs/bafkreifjv7buqseldfvbwomtt7yqzhypj57nl3wyackm24n4jwobbrtrci","website":"","twitter":"","telegram":"","attributes":[],"properties":{"category":"image","files":[{"uri":"https://ipfs.io/ipfs/bafkreifjv7buqseldfvbwomtt7yqzhypj57nl3wyackm24n4jwobbrtrci"}]}}