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Will the Petro’s ICO Be the Biggest in History?

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February 24, 2018 | 

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Joanna Newman | 

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“For big problems, we need big solutions! Since the first few minutes, we started out doing well and are in the process of winning the battle: 4.777 billion yuan or $735 million dollars are the first figures from the public’s intention to buy the Petro!”

This was the tweet published by Nicolas Maduro, the President of Venezuela, on the first numbers from the ICO launched for the Petro; Venezuela’s new cryptocurrency that was created to bypass economic sanctions imposed by the US.

While there have been no official confirmations of these numbers from the Petro’s ICO, launched less than 24hrs before the tweet was posted, it is expected to perform extremely well. The Petro is predicted to do even better than Telegram, which managed to raise $850 million in less than 30 days.

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