Petro Raised $3B, Venezuela Says

According to President of Venezuela, $3B were raised via 171,015 certified purchases, from investors in 127 countries
02 March 2018   125

President of Venezuela N. Maduro said that El petro raised $3 b from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according to Maduro.

40.8% has been offered in dollars, 6.5% in euros, 18.4% in ethereum, 33.8% in bitcoin and 0.2% in yuan. About 87,284 users made offers to acquire petros, of which 3,523 are companies and 83,761 people…127 countries have participated at the moment.

Venezuelan VP Website

The Venezuelan government-backed newspaper Correo del Orinoco named some of the countries that its government claims to have participated in the sale: Afghanistan, Albania, Germany, Andorra, Angola, Antigua and Barbuda, Saudi Arabia, Algeria, Argentina, Australia, Austria, Bahamas, Bangladesh, Barbados, Belgium, Belize, Belarus, Bolivia, Brazil, Bulgaria, Cambodia, Cameroon, Canada, Qatar, Chile, China, Cyprus, Colombia, South Korea, Costa Rica, Croatia, Cuba, Denmark, Ecuador, Egypt, El Salvador, United Arab Emirates, Slovakia, Slovenia, Spain, United States, Estonia, Philippines, Finland, France, etc.

It is worth noting that Poland refuted their interest in El Petro.

Monetha is about to release first version of its wallet app

Monetha's MVP to be released on March 21 exclusively for MTH holders in order to make a significant step towards fully working decentralized trust and reputation system
23 March 2018   72

Starting from March 31 all of MTH token holders will gain exclusive access to Monetha wallet app - the MVP of the project. The release is considered to be Beta release, and approximately 10,500 of the users of the platform will become the first to test out the product. The app will be available on both iOS and Android.

The wallet itself is based on smart contracts and features

  • making/solving claims;
  • rating merchants;
  • writing reviews;
  • review of purchase history;
  • see clients' and merchants' trust ratings

The integration with Monetha through the app will allow merchants to accept Ethereum based tokens as a payment and then easily convert cryptocurrency into fiat currency. Monetha's mission is 'to develop and deploy the best transaction system that would be based on enforceable contracts without third party between consumer and merchants and a strong decentralised reputation management system'. Its solution is going to be universal, transparent, self-executing and transferable.

To the moment of the publication, Monetha's market parameters are as follows:

Average price: $0.102597

Market cap: $22,274,083

Volume (24): $435,208