Venezuela launches the presale of the petro, the Venezuelan cryptocurrency

[Garrix -™]

The Government of Venezuela has launched on Tuesday the presale of the petro, the cryptocurrency backed by the natural wealth of the country, as confirmed by the Executive Vice President of the Republic, Tareck El Aissami.
In his speech, the vice president of Venezuela stressed that the petro emerges as the most reliable and innovative cryptocurrency, noting that "it is an instrument of the 21st century" and encouraging young people in the country to be "the vanguard of electronic mining".
"Today the Venezuelan petro presale is formally and officially launched, and Venezuela is at the forefront of future times," said El Aissami. "It is a novel initiative of the Bolivarian Government, a liberating mechanism," he added.
Last week, the Venezuelan president, Nicolás Maduro, signed the so-called 'white book' of the petro, in which the characteristics and functioning of the new Venezuelan digital currency are established.
According to this 'white paper', in February would sell 38.4% of all petros that will go into circulation, the equivalent of 2,300 million dollars, and a month later 44%, about 2,700 million dollars. The rest would be in the hands of the Government and its group of advisers, VIBE.
After the launch, Maduro has announced that the presale of the petro has reached 596 million euros since its activation, midnight Monday, until 8:00 pm local time on Tuesday (00:00 GMT).