Many private oil and gas opportunities are structured with an upfront fee. That means the company makes most of its profit by just placing investors money in the deal. Not only does this mean fewer of each investors dollars go into the deal than in other structures, it means the offering companys motivation is to fill the deal fast for fast profits. This structure provides no incentive for the offering company to stay engaged with investors, or to offer deals that are more likely to provide better potential returns or production. The front-end fee structure contributes to another complaint: lack of communication. Sadly, investors often find companies less willing to return phone calls or answer questions once theyve received a check. This tends to get worse over time particularly if there are problems with the project. The reality is an array of problems, ranging from equipment repairs to dry holes, can arise and should be addressed with investors. However, many investors have found companies go silent 8 when there are problems particularly when they have downplayed the risks when soliciting investors. Too many companies fail to bridge this gap by providing their investors access to important updates pertaining to oil & gas projects. As a result, investors have less confidence in the performance or even the legitimacy of oil and gas investments. Cryptocurrency allows us to directly invest in oil and gas projects. Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.