Petro (PTR) - ICO Details, Price, Dates, & More

Petro (PTR) - ICO Details, Price, Dates, & More

Petro (PTR) CryptoRank N/A
Website White Paper

Petro (PTR)
Petro (PTR)
PTR Values PTR

Petro (PTR) valuesUSD Price
0

Petro (PTR) BTC Price
0

Petro (PTR) 24h Vol
0

Petro (PTR) Market Cap
0

Petro (PTR) Circulating
0

Full Name
Petro (PTR)
Start Date
N/A
Algorithm
N/A
Proof Type
N/A
Twitter
N/A
Facebook
N/A
Petro (PTR) Block NumberBlock Number
N/A
Petro (PTR) Block TimeBlock Time
N/A
Petro (PTR) Block RewardBlock Reward
N/A
Total Mined
N/A
Max Supply
N/A
Petro (PTR) Net Hashes Net Hashes
N/A
Charts

Petro (PTR)

Sorry Data Not Available
Start Trading on Coinbase
Coinbase (Get $10 for free)
Start trading on Coinbase and get $10 USD (or 10 USD equivalent of your domestic currency) for free within 180 days of opening your account if you buys or sells at least $100 of digital currency.
Description

Petro (PTR) Description

Petro (PTR) has its origin in the idea of president Hugo Chavez of a strong currency backed by raw materials. 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.

Technology

Petro (PTR) Technology

Sorry, detailed technology about Petro (PTR) is not currently available

Features

Petro (PTR) Features

Sorry, detailed features about Petro (PTR) is not currently available

ICO Details

Petro (PTR) ICO Details

ICO Status
Upcoming
Token Supply
100000000
Start Date
2018-03-20
End Date
N/A
Fund Raised (BTC)
735,000,000 USD
Fund Raised (USD)
735000000
Start Price (USD)
60
Security Audit Company
N/A
ICO Legal Form
N/A
ICO Jurisdiction
Venezuela
Legal Advisers
N/A
White Paper

Petro (PTR) has its origin in the idea of president Hugo Chavez of a strong currency backed by raw materials. 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 Petro launch will be divided into two stages: a Pre-sale and an Initial Coin Offer (ICO). Presale The Pre-sale will start on February 20, 2018, and will consist of the creation and sale of smart-asset on the NEM blockchain platform. This process will promote and guarantee demand for Petro’s Initial offering, which will be carried out later. The tokens that meet the requirements of the mosaic on NEM blockchain standard are non-minable digital cards that are issued in their entirety through an intelligent contract on this platform. The presale token will not be part of the Petro network until Petro distribution during the Initial Offer process. The token may be exchanged for Petro at any time between the launch date and the closing of the Initial Offer. Initial offer Petro’s Initial Offer will be made later until the eighty-two million four hundred thousand (82,400,000) units available for sale are exhausted. Petro’s on sale during the Initial Offer will be created and sold through an auditable mechanism in the blockchain. The Venezuelan State will not be able to make new emissions Petro. The ICO will start on the 20th of March, 2018 and will last until all the tokens are sold.

Quick Stats
Petro (PTR) Rank -
Petro (PTR) Price 0
Petro (PTR) Price (BTC) ฿ 0.0000
24h Vol 0.0000
Market Cap 0.0000
1h
-
24h -
7d
-
Coin Details
NamePetro (PTR)
SymbolPTR
Start Date -
Total Mined 0
Previous Mined -
Net Hashes -
Algorithm -
Proof Type -
White Paper Download
Top Coins
NamePrice24h
1. BTC $10,018.80 -0.09 %
2. ETH $208.34 -3.75 %
3. XRP $0.28 -4.82 %
4. BCH $304.25 -2.43 %
5. LTC $71.84 -1.79 %
Top Gainers
NamePrice24h
312. BDT $0.12 9758.94 %
832. UBN $0.0010 2429.71 %
1004. SWC $0.00082 2347.29 %
1137. FMF $0.00048 987.72 %
845. CTC $0.021 842.49 %
Top Losers
NamePrice24h
2175. IZI $0.0018 -94.50 %
1359. ZEUS $0.0000030 -92.98 %
1982. MOJO $0.00011 -91.43 %
1871. TVNT $0.0050 -86.90 %
1965. BIT $0.000030 -70.00 %
PTR News
Binance Coin Exhibits Moderate Uptrend in the Price; Profitable Deal for Intraday Traders

Binance Coin Exhibits Moderate Uptrend in the Price; Profitable Deal for Intraday Traders
Binance Coin (BNB) is at a moderate uptrend in the market. The coin has seen a m...

NANO maintains an Uptrend Amongst the Bear Phase

NANO maintains an Uptrend Amongst the Bear Phase
Nano was trading at $0.87911298 as on September 17, 2019 and the movement for th...

Ethereum Likely Reversed From Lows, Started Uptrend - Price Analysis

Ethereum Likely Reversed From Lows, Started Uptrend - Price Analysis
After a couple weeks of gains, Ethereum looks solid and likely in a long term up...

Get Crypto Newsletter
Read the Disclaimer: All content provided here on our website, hyperlinked sites, related applications, forums, blogs, social media accounts and other platforms ("Site") is only for your general information, which is obtained from third party sources. We make no guarantees of any kind regarding our content, including but not limited to accuracy and renewal. There is no part of the content that we provide which is financial advice, legal advice or other forms of advice intended for your particular trust in any purpose. Any use or trust in our content is solely at your own risk and wisdom. You must do your own research, review, analyze and verify our content before relying on it. Trading is a very risky activity that can cause big losses, so consult your financial advisor before making a decision.