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EnergyFunders – The First Equity Crowdfunding Platform Dedicated To The Energy Industry

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EnergyFunders is democratizing Oil and Gas Investments. Below is our recent interview with Casey Minshew, CEO & Co-founder at EnergyFunders:

Casey Minshew

Q: Could you provide our readers with a brief introduction to EnergyFunders?

A: Most people, worldwide, never thought they could invest directly in an oil or gas project. Mainly due to the high-risk nature and high investment requirements. The investment vehicle has been reserved for the wealthy or people in the know. Thanks to changes in regulations and the growth in online investing, EnergyFunders has become the leader in providing investors access to direct oil and gas investing. We have raised over 6 million for projects with several of those projects beginning to pay investors back.

Q: What is your business model?

A: EnergyFunders is the first mover in the Energy sector bringing investors together with projects/Fundraisers. The energy sector can be highly profitable with returns exceeding 300%, however traditional access to these project have a high barrier to entry, lack transparency and are often complicated to understand. EnergyFunders receives revenue when projects produce oil and gas.

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Q: How is the energy industry different today than it was just a few years ago?

A: In 2014, the Oil and gas market headed into a depression, prices dropped from over $120 to as low as $28 per barrel. We entered the market when everyone else was running away. Today the industry is recovering and still has years to go; however, the US is energy independent for the first time and we are exporting production. At the same time, we have to adopt new technologies to make all of this process cleaner and more efficient. Oil and gas is typically slow to change, so we are just starting to see the growth in the digital oil field, lots of great technology will be entering into the sector in the next 3 to 5 years. We will play our part in this.

Q: What are the benefits of EnergyFunders’ blockchain technology?

A: We are early in the blockchain development, however, we have thousands of microtransactions which have ownership in a well. These units receive tax benefits, revenue and sometimes have an additional cost. The blockchain will allow us to keep everything open and transparent while offering security to our investors. Eventually, we believe it will play a role in allowing investors to exchange their ownership and create liquidity.

Q: How would you convince someone to invest in EnergyFunders?

A: There are two ways to invest in EnergyFunders today: You can invest in projects, which if you are interested in oil and gas ownership and you want a trusted network with good project operators, there is no other place other than EnergyFunders. Or for a short period of time, you can invest in the company https://www.seedinvest.com/energyfunders/bridge for as little as $1,000 and be a part of our growth. We are the leading platform for energy investing, now is the time to invest in Energy.

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Q: What are your plans for the future?

A: Platform business models are revolutionizing the way we do business. Uber, Airbnb, Kickstarter, AngelList.co disrupted their markets when they launched. Today they are industry leaders who created a two-sided market connecting sellers, buyers, investors, fundraisers, host, and visitors, or drivers with people who need a ride.

The EnergyFunders platform is designed to be a two-sided market in which Investors can review project diligence, understand returns, track investment performance, rate project generators/Fundraisers, communicate and invest. Fundraisers build reputations with performance and reduce the regulatory and time involved in capital raising. They also build a following which ultimately allows them to focus on more projects. The platform will provide filters via an algorithm to score the quality and risk involved in each project. Additionally, engineers, geologists, and other experts will offer services to better evaluate each project before making it available to investors.

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