Venezuela has made history as the first country to launch its very own Initial Coin Offering. The long-hyped Petro cryptocurrency has been the center of controversy and curiosity to many in the crypto-world for the last several months, and now it’s finally here. Or is it? According to President Nicolas Maduro, the pre-sale has gone smoothly. Even major media organizations are suggesting that it has been a success, quoting Maduro’s figure of $735-million raised on the first day, which would make it the second largest ICO ever following Telegram’s $850 million pre-sale A grandes problemas, ¡grandes soluciones! Desde el primer minuto el juego arrancó bien, y arrancamos ganando: 4.777 millones de yuanes o 735 millones de dólares es el resultado inicial de las operaciones de intención de compra del Petro. #AlFuturoConElPetro — Nicolás Maduro (@NicolasMaduro) February 21, 2018 But let’s take a look at what’s really happening. Leading […]