World Collective Oil Reserve PriceWCOR/USD: $0.0002759

What is World Collective Oil Reserve (WCOR)?

World Collective Oil Reserve (WCOR) is a strategic petroleum reserve program implemented as a digital registry on the Solana blockchain. According to wcor.app, it applies the same supply-security and emergency-stock principles used in national strategic inventories—including import cover, shock response, and transparent reporting—to an open, permissionless on-chain environment.

A strategic petroleum reserve (SPR) is a government-held stockpile of crude oil and refined products designed to protect against supply disruptions from geopolitical events, natural disasters, or market shocks. WCOR translates these concepts into blockchain format as a public ledger for reference data only. It is explicitly described as an independent, non-governmental program and is not issued, sponsored, or administered by any national government, the U.S. Strategic Petroleum Reserve, or the International Energy Agency.

No specific founder or individual creator is publicly named. The project is maintained by a non-governmental team with limited disclosure on its origins. Market data first appears around late April 2026, indicating a recent implementation.

Blockchain Implementation and Technology

WCOR operates as a registry instrument on the Solana blockchain, chosen for its speed and low transaction costs suitable for public ledger updates. Key technical details include:

1. Contract Address: WCoRVxGcpiwE6EvtDjXHJq6Kcn4nWT9Ubt1PrJHNAzM (verifiable on Solscan and other Solana explorers).

2. Data Sources: Publicly available energy statistics or clearly labeled approximations; physical barrels remain under sovereign or commercial custody.

3. Transparency Features: All transfers and token balances are part of the public Solana blockchain record, enabling independent auditability.

The project emphasizes that it encodes petroleum-market reference data (e.g., crude benchmarks, refined product categories) without asserting ownership, custody, or official statistics.

Key Token Characteristics

WCOR functions as the registry instrument rather than a commodity-backed asset or direct claim on physical oil. Standardized data points include:

• Total Supply / Max Supply: 1,000,000,000 WCOR

• Circulating Supply: 999,992,049 WCOR (fully diluted)

• Primary Use Case: On-chain recording and transparent reporting of petroleum reserve reference data for policy research, emergency planning, and public verification

According to CoinGecko data as of May 8, 2026, WCOR maintains a market capitalization of approximately $9.48–$9.5 million with 24-hour trading volume exceeding $1.35 million. It trades primarily on decentralized exchanges within the Solana ecosystem.

Limited Publicly Available Information

This asset appears with limited publicly available information as of May 8, 2026. Key details such as its use case, development roadmap, and underlying technology have not been fully disclosed or verified.

For this reason, users should rely on official announcements and credible sources, and consider conducting deeper research before making any financial decisions.

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