Venezuelan President Nicolas Maduro claimed that he had achieved $ 735 million on the first day of the sale of the controversial “Petro” cryptopara.
In the article published on Tuesday evening, Maduro did not provide any evidence that supports this claim, and made this statement on the official Twitter account.
As Coindesk wrote earlier, the Venezuela government claimed that Petro token would be supported by a single oil barrel and would be linked to the market value of the previous day.
Nevertheless, questions such as which network of the token will be operated and remain unanswered. Another document of a documentary Ethereum network, which is released today, says that an alternative blockchain system called Nem will be used.
Aside from the contradictory details, Venezuela’s plan is the representation of a country’s first release of its own cryptopara. This news took place in global headlines and received a reaction from many politicians from both inside and outside the South American country.
Critics, including the opposition -controlled Congress of Venezuela, criticized this plan that it was a means of illegal action and deterioration. US senators also expressed their concerns about the plan to avoid sanctions with the use of cryptopara, but how the application is still unclear.
Coindesque
