New Energy System Trust, a network dedicated to advocating and supporting exotic free energy systems, has launched a crowdfunding site called New Energy Funding. Powered by white label crowdfunding platform Launcht, NEST hopes to give entrepreneurs a platform to connect their ideas with the necessary seed funding so they may succeed.
NEST was founded in 2012 by Sterling D. Allan and his partners who were already operating several energy news sites. NEST is a “socially motivated” organization which hopes to bring free energy technologies to market.
NEST also is available to provide advice and guidance in forming a company with a goal of getting the product to market.
Currently two crowdfunding projects are posted on the site. A $35,000 campaign for “Creating Clean Fusion Energy” and the second being a $25,000 campaing, “Turn Water into Fuel“. The crowdfunding platform is a donation model based where funders are socially motivated.