The petro (symbol stock market: PTR)
is a cryptocurrency or Venezuelan digital currency, based on the technology of the block chain and backed by the reserves of various natural resources of Venezuela such as oil, gold, diamonds and gas. Until now, each petro would be backed by one barrel of oil from the Venezuelan crude oil basket. This would be a partially pre-mine currency with future mineable emissions.
From this February 20, the manual of acquisition and commercialization of the Petro will be available and will begin the pre-sale of this digital currency with 82.4 million units available.
"The petro was born, today the Venezuelan petro presale is formally and officially initiated, Venezuela is placed at the forefront of future times, today it will become a day of history, the first State, the first nation to launch its cryptocurrency. , backed by its reserves and natural wealth, "the vice president reported during his speech from the Miraflores Palace.
The manual can be downloaded in several languages for the convenience of users interested in acquiring this cryptocurrency.
"The Petro is born and we are going to have a total success for the well-being of Venezuela," President Nicolás Maduro said earlier on his Twitter, and he also said that Tuesday will be a "very busy" day, since his government will be working on the strategic alliances.
"The largest and most important companies and Blockchain in the world are with Venezuela, we are going to sign agreements," said Maduro.
The cryptocurrency Petro is the only one in the world that is supported by physics with 5.342 million barrels of field 1 of the Ayacucho Block of the Orinoco Oil Belt.
The Petro was created by the Venezuelan Government to combat the financial blockade imposed by the United States (US), attract investments and generate a new payment mechanism for goods and services.
Two weeks after the date set for the sale of the Venezuelan cryptocurrency, many aspects of the petro remain a mystery and portals that are dedicated to qualify initial offers of coins (ICO, for its acronym in English) and qualify as fraud.