The Verge | Venezuela's own oil-backed cryptocurrency is available for presale today The Verge Venezuela launched the presale of its own cryptocurrency, the petro, today. There are currently 82 million tokens available, which the government plans to follow with an initial coin offering (ICO) launch in a month. It's the world's first sovereign ... Venezuela's oil-backed cryptocurrency more likely to be ruled 'illegitimate' than succeed, economist says Venezuela Launches Pre-Sale of Its Controversial Oil-Backed Cryptocurrency Venezuela launches its oil-backed crypto-currency, the petro |