President Maduro: We Raised $735 Million in the First Day of El Petro Pre-Sale
February 21, 2018
President of Venezuela Nicolas Maduro claimed that the country raised $735 million in the the first day of presale of the national cryptocurrency El Petro. He
Maduro tweeted that the launch of the national cryptocurrency "reaffirms our economic sovereignty." It should be noted that the president has not provided any evidence that Venezuela managed to raise this exact amount.
El Petro is the first ever cryptocurrency issued and backed by the state. It was announced in December last year by Nicolas Maduro. More details had been appearing in the following months: each El Petro token
It is also worth noting that the release of El Petro raised a lot of doubts and criticism, and the opposition parliament of Venezuela even