Venezuela Found Some Investors | Prepping for Petro Pre-Sale
Venezuela is preparing for the sale of its “oil-backed” cryptocurrency. 100 million coins will be issued 82.4 million of which will be offered to the market. pre-sale starts on February 20 at 8:30 am Venezuela time.
During the process, degressive discounts will be applied to stimulate early investment.
Foreign Trade Minister José Vielma Mora, announced :
A group of Brazilian companies have agreed to receive payment for the sale of food to Venezuela, through petro, starting on February 20, when the pre-sale of the cryptocurrency [begins].
“group of Brazilian business people who wished to invest US$300 million in Venezuela,”
Do you think these companies are wise to accept the petro? Let us know in the comments section below.
Images courtesy of Shutterstock and the Venezuelan government.
DISCLAIMERS:
THIS ARTICLE IS NARRATED FROM news.bitcoin.com ,
READ THE FULL CURATED NEWS HERE : https://news.bitcoin.com/venezuela-found-foreign-investors-petro-cryptocurrency-pre-sale/
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