Posts Tagged ‘pre-sale’

Venezuela: 82.4M Units of Petro Cryptocurrency Available

The Venezuelan Government has officially announced the pre-sale of the Petro (PTR) cryptocurrency – the first commodity-secured currency of its kind in the world. President Nicolas Maduro previously announced that the value of the entire Petro issuance of 100 million tokens would be just over US$6 billion. The cryptocurrency, which will be backed by the oil resources of the country, aims to begin […]

Telegram has raised an initial $850M for its billion-dollar ICO

Telegram’s billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to the document submitted to the SEC. The security is described as “purchase agreements for cryptocurrency” and the filing is signed by Telegram CEO Pavel Durov. The pre-sale was originally targeted at raising $600 million, but demand pushed the […]

Venezuela Announces Whitepaper and Pre-Sale of Its Oil-Backed Cryptocurrency Petro

Venezuela’s president Nicolás Maduro announced that the pre-sale of Venezuela’s national cryptocurrency, the petro, will begin on February 20. In addition, he has presented and signed the official petro’s whitepaper and unveiled the Petro Container for mining the new currency. “We have reached the future. Venezuela advances as an economic power,” the president remarked, specifying […]