Petro (PTR)ICO Petro is a sovereign crypto asset backed and issued by the Venezuelan State. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Petro
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 the use of Petro with the goal of consolidating it as an investment option, savings mechanism and means of exchange with State services, industry, commerce, and citizens.
Petro token (PTR) will have three main uses:
- As a cryptocurrency PTR may be used to purchase goods or services and will be redeemable for fiat money and other crypto assets or cryptocurrencies through digital exchange houses.
- As a digital platform it can perform the functions of digital representation of goods and/or raw materials (e-commodity) and the creation of other digital instruments for national and international trade.
- As a savings and investment facility the token will be available for exchange in electronic exchange houses and will have the necessary characteristics to carry out direct exchanges (Atomic Swaps) in accordance with the Venezuelan legal framework.
Each token will be divisible by 100000000 units. The minimum exhange unit will be called Mene and will be equal to 0.00000001 PTR.
DetailsPre-sales: Feb 20, 2018 - Mar 19, 2018Public sales: Mar 20, 2018 - Apr 20, 2018 Pre-sale token supply: 38400000 Token supply: 44000000 Hard cap: 5,000,000,000 USD(fiat) Raised: 735,000,000 USD LegalBlockchain Platform: NEMRegistration country: Venezuela | Token infoTicker: PTRType: Cryptocurrency Token standard: No Token price in USD: 1 Token = 60.000000 USD Accepted currencies: EUR, BTC, XEM, ETH, RUB, CNY, TRY Bonus program: 0-3.4M - 42.9% 3.4M-8.4M - 37.9% 8.4M-13.4M - 33.3% 13.4M-18.4M - 29% 18.4M-23.4M - 25% 23.4M-28.4M - 21.2% 28.4M-33.4M - 17.6% 33.4M-38.4M - 14.3% 38.4M-43.4M - 11.1% 43.4M-48.4M - 8.1% 48.4M-53.4M - 5.3% 53.4M-58.4M - 2.6% Token distribution: 44% - ICO 38.4% - Presale 17.6% - Cryptoasset management office Funds allocation: 55% - Sovereign Fund 15% - Technological Development 15% - Ecosystem Development 15% - Petro Project |
Petro Roadmap
- Add compatibility with Classic Ether Wallet.
- Start a Medium blog in Spanish teaching as use Petro to buy/sell goods and services. Education is our best weapon.
- Bitfinex as the first exchange for Petro.
- Didactic mobile to teach Ethereum ecosystem and how to use Petro. (First version will be for Android only)
- Join Yobit or HitBTC exchanges.
- Start research to launch Petro as a Monero fork coin. All investors will receive the same amount of Petro in the new blockchain.
- Publish Petro Coin Whitepaper.
- Launch Petro Coin testnet.
- Launch Petro Coin main net.
- Join to Bittrex or HitBTC.
- Launch a web-based wallet and browser extension compatible with Petro and Monero.
- Publish extensions for Prestashop, Magento, Woocommerce to receive Petro.
- Get more exchanges.