Grayscale Bitcoin Trust (GBTC)

[tw0122]

A successful national launch of Petro as a CRYPTOCURRENCY shows Bitcoin and Crypto can only rise to the clouds.

There will be a fixed number of 100 Million Petros backed by the certified oil reserves from field 1 of the Ayacucho block of the Orinoco oil belt, which consist of at least 5,342,000,000 barrels. Venezuela is doing a pre-sale right now of 38.4%. The main IPO is slated for April and will involve 44%, or the bulk of the Petros. 17.6% will be retained by SUPCACVEN (Superintendencia de Criptomonedas y Actividades Conexas Venezolana) and distributed according to the plan laid out in the white paper.

Petro Website with several key documents- http://www.elpetro.gob.ve/index.html

Venezuelan Blockchain Observatory- https://blockchain.gob.ve/

SUPCACVEN Twitter feed- https://twitter.com/SupCriptoVe