$Petro
This is the official cryptocurrency of Venezuela – introduced by President Nicolás Maduro himself. According to him, it is backed by oil reserves, gas, gold, and diamonds, and is intended to help the country’s economy survive under numerous sanctions. The presales of Petro, according to the Venezuelan government, have already brought in $735 million, with intentions to purchase Petro exceeding one billion dollars in two days. But who the buyers are remains unclear. Moreover, the fact that the cryptocurrency is controlled by the same government does not inspire trust among many.
By the way, this is not the first cryptocurrency created in Venezuela – there was previously Bolivarcoin.
