Announced more than 2 months ago Venezuela's "Petro", the first nation issued cryptocurrency, was finally released yesterday, in what I will dare to call "the first ever nation ICO".
Received with significant reluctance (and even declared illegal by the country's Congress) Petro is President Maduro's bet on reviving Venezuela economy. It's a state-owned crypto-currency (the first of its kind) and it's not yet clear how can you mine it. But it's very clear that you can buy it.
According to Reuters, the first sale of Petru raised an impressive $735 million. We don't know yet who bought it, though.
Instructions on how to set up a wallet were published on the official website of the currency (which also holds a whitepaper, if you're curious).
The initial value of 1 Petro is 1 barrel of Venezuelan oil.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me 
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