Energy NFST (Non Fungible Security Tokens) can finance future oil and energy projects in the United States
SHERIDAN, WYOMING, USA, May 31, 2022 /EINPresswire.com/ — Ziyen Energy announced that it has received its tenth cash oil distributions for its token energy fund. The latest distribution was from non-operating working interests in oil and gas wells located in Parker & Wise counties, Texas.
The development of practices within the oil and gas industry has created a market where secondary liquidity is severely constrained, transfer costs are high and information asymmetry has prevented all sophisticated investors and sophisticated players from industry to invest capital in this historically attractive asset class.
Alastair Caithness, CEO of Energy Tokens and Ziyen, said:
“At Ziyen Energy, we believe that blockchain, and specifically tokenization, can transform the energy industry. Our oil and energy tokenization model can solve some of the major fundamental problems facing the industry. Even with the price of oil above $100, domestic oil production in the United States has increased by less than 2% this year, to 11.8 million barrels per day, and currently remains well below from the March 2020 peak of 13.1 million barrels per day. There has been a huge drop in the amount of investment by private equity firms in domestic upstream oil and gas projects.
We believe that the creation of Energy NFST (Non Fungible Security Tokens) through the Energy Tokens platform creates a new mechanism for raising capital for energy companies to leverage funding projects through the crypto community through tokenization.
Energy Tokens were developed to address these inherent issues by democratizing energy investment opportunities, creating liquidity for illiquid energy investments, and facilitating greater access to capital for energy development projects.
If your company is interested in learning more about Energy Tokens, please visit www.energytokens.io or email email@example.com and request a copy of our company overview.
For more information about Ziyen Energy and Energy Tokens, please visit www.ziyen.com and www.energytokens.io
About Energy Tokens:
Energy Tokens was established in 2019 by Ziyen Energy in collaboration with leading blockchain, data analytics, tokenization, regulatory and trading specialists to develop the Energy asset exchange platform Tokens. The Energy Tokens asset exchange platform provides a way to tokenize ownership interests in energy generation assets using permission-based blockchain technology.
About Ziyen Energy:
Ziyen energy. is a technology-focused energy company incorporated in the State of Wyoming, United States in April 2016. Originally established as a software company providing insights into the oil, gas, power and gas industries. power and energy, Ziyen specializes in business information, contracts, news and information by developing state-of-the-art procurement and supply chain software to provide customers with information on government contracts and private industry-specific. In addition, Ziyen Energy currently holds interests in oil assets based in Texas and the Illinois Basin, which covers Illinois, Indiana and Kentucky. Ziyen Energy’s capital was tokenized and issued as ZiyenCoin which is offered for sale as a security token pursuant to SEC Rule 506(c) of Regulation D.
In October 2020, Ziyen Energy CEO Alastair Caithness was a co-author of the first financial journal research paper on “Financial infrastructure via blockchain-based tokenization”, where Ziyen Energy featured as a case study in the article.
For more information, visit www.ziyen.com.
Certain statements contained in this press release, including, but not limited to, statements relating to the anticipated commencement of commercial production, target pricing, performance targets, and statements that otherwise relate to future periods , are forward-looking statements. These statements involve risks and uncertainties, which are more fully described in the Company’s periodic reports filed with the SEC, in particular the most recent reports which identify important risk factors that could cause results to differ. actuals differ from those contained in the forward-looking statements. Forward-looking statements are made based on information available to the company as of the date of this press release. Ziyen Inc. assumes no obligation to update the information contained in this press release.
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