Re: [ANN][PRESALE][ICO] Petro: The REAL venezuelan oil backed ETH based crypto
Yes it is officially backed by Venezuelan government.
100 million barrels out of the 300billion barrels they have according to OPEC data...
http://www.opec.org/opec_web/en/data_graphs/330.htm
Well not exactly. What you can get 1:1 Is a barrel of oil ;-)
But being a government promoted crypto, having an intrinsic value, it will be accepted as payment, so you can actually buy anything with petros (diesel and gas included) just like any other coin. The difference is that this one being government promoted aims to become widely accepted in the whole country (specially for government produced things as petrol, gas, diesel, paying the bills, etc) making efforts to be used also in other OPEC and ALBA members.
Thanks for the info and also I saw this in news, obviously a solid project I can say now. Looking forward to know how and when to take part in ICO 100 million barrels out of the 300billion barrels they have according to OPEC data...
http://www.opec.org/opec_web/en/data_graphs/330.htm
Well not exactly. What you can get 1:1 Is a barrel of oil ;-)
But being a government promoted crypto, having an intrinsic value, it will be accepted as payment, so you can actually buy anything with petros (diesel and gas included) just like any other coin. The difference is that this one being government promoted aims to become widely accepted in the whole country (specially for government produced things as petrol, gas, diesel, paying the bills, etc) making efforts to be used also in other OPEC and ALBA members.
Is it like backed or supported by venezuelan government ? I see URL suffix has "gob."
I am not resident or know much of Venezuela, but if it is so then would be more than interested to take part in ICO.
As it's oil backed, can we buy Petrol/diesel/gas using the token in Venezuela ?
I am not resident or know much of Venezuela, but if it is so then would be more than interested to take part in ICO.
As it's oil backed, can we buy Petrol/diesel/gas using the token in Venezuela ?
Good luck