Petro (PTR) Token ICO!

Sold: 10,368,000 PTR

38,400,000 PTR
Plan to sell

87%

Current price 1 PTR = 0.0705052878 ETH
Current discount: 45% from ICO base price

Payment Method

ICO Started!
16
DAYS
10
HOURS
32
MIN
38
SEC

This is Petro

Petro (PTR) has its origin in the idea of president Hugo Chavez of a strong currency backed by raw materials. Its background dates back to proposals for global financial and monetary coordination prior to the hegemony of the US dollar, which resurfaced after the financial crisis of the late 1990s.
The blockchain allows the transfer of value and information, without third parties, they provide the tools to successfully face the challenge of creating platforms and financial instruments that are transparent, efficient and inclusive.
Petro will be a sovereign crypto asset backed by oil assets and issued by the Venezuelan State as a spearhead for the development of an independent, transparent and open digital economy open to direct participation of citizens. It will also serve as a platform for the growth of a fairer financial system that contributes to development, autonomy and trade between emerging economies.
Venezuelan oil assets will be used to promote the adoption of crypto assets and technologies based on the country´s block-chain. The State shall promote and encourage the use of Petro with a view to consolidating it as an investment option, savings mechanism and means of exchange with State services, industry, commerce, and citizens in general.
The Venezuelan population will have at their reach a technology that will allow them having a valuable reserve and robust means of payment to stimulate savings and contribute to the country’s development.
Petro will be an instrument for Venezuela’s economic stability and financial independence, coupled with an ambitious and global vision for the creation of a freer, more balanced and fairer international financial system.

The first State-issued cryptoasset

Architecture

Backed by oil reserves

Petro will be a sovereign crypto asset backed by oil assets and issued by the Venezuelan State as a spearhead for the development of an independent, transparent and open digital economy open to direct participation of citizens.

Hypercube

International financial system

Petro will be an instrument for Venezuela’s economic stability and financial independence, coupled with an ambitious and global vision for the creation of a freer, more balanced and fairer international financial system.

Instant

Smart contracts

The use of blockchains is beginning to gain popularity globally. It currently has hundreds of applications. This’ distributed electronic records’ technology can be leveraged for all kinds of information: medical records, authorship and patents, data authentication and many other.

flexible

Real electronic transfers

Among the applications, value transfer registration stands out, as the blockchain makes possible - for the first time in history - real electronic transfers.

Team

This is the Team behind Petro (PTR)

Venezuela

Bolivarian Republic of Venezuela

Founder

Under the leadership of the Bolivarian Republic of Venezuela we develop one of the most advanced cryptocurrency. Our team consists of highly qualified IT specialists.

Luis Pérez

Luis Pérez


CIO

Luis Perez is a venezuelan programmer. He has a background in Computer Science from MIT. He is responsible for the technical implementation of the project.

Jorge Cabello

Jorge Cabello


CPO

Experienced with the handling of larger IT projects and deputy of Luis Pérez. So far also responsible for marketing tasks of the state.

Henrique Flores

Henrique Flores


CPO

Responsible for legal matters and exchange with ministries.

Roadmap

Roadmap