Petro Pre-Sale Raised $735M, Venezuela Says

Venezuela has reported that the pre-sale of its oil-backed cryptocurrency, the Petro, has attracted $735 million on the first day
21 February 2018   539

Looks like first governmental tokensale is going great. Petro tokensaled raised $735M on the first day of sale. This is reported by News Bitcoin Com.

Petro Pre Sale
Petro Pre Sale

Totally 82.4 million petro tokens are offered for the pre-sale phase, as whitepaper details.

The presale and initial offer will be made in hard currencies and cryptocurrencies, but not bolivars…Our responsibility is to put (the petro) in the best hands and then a secondary market will appear.

Carlos Vargas

The Superintendent of Cryptocurrencies

As the Minister for University Education, Science and Technology, Hugbel Roa says the traffic to the petro website “quintupled with the global announcement of the pre-sale of the Venezuelan cryptocurrency,” shortly after midnight local time.

Venezuela had received $735 million in the first day of a pre-sale of the country’s “petro."

Nicolas Maduro

Prsident, Venezuela

Interesting information can be found in the Petro buyers manual.

The Blockchain launched by the Venezuelan State has robust security mechanisms since its programming elements are related to a technological platform called: NEM blockchain.

Petro Buyer's Manual

Looks like Venezuelian government chose NEM as a basis for it's token instead of popular Ethereum blockchain. to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   104

Social platform for petitions announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.