Venezuela launching its own pre-mined crypto in 6 weeks, calls it Petro!

in cryptonews •  7 years ago 

Venezuelan president Nicolas Maduro announced plans to pre-mine the petro. The new currency is expected to launch in six weeks.
The Venezuelan Superintendent of Cryptocurrencies and Related Activities, Carlos Vargas, announced during a Venezolana de Televisión broadcast on Wednesday, as reported by El Universal:

The petro will not be minable but [will be] pre-mined, that is, the complete emission will be under the control of the country. In addition, it will be assigned with a procedure similar to that of an auction.

https://news.bitcoin.com/venezuela-pre-mine-petro-launch/

cryptonews venezuela newcoinlaunch
7 years ago by

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      ·  7 years ago 

    OMG! This is SUCH an AMAZING post! Thank you for sharing! I gave you a vote!!

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      ·  7 years ago 

    thankyou ;)

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        ·  7 years ago 

      This is the best post on Steemit. I gave you a vote now, ya heard?

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        ·  7 years ago 

      lol thankyou ;)

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