VOICED : Maduro: intencion de compra de Petro por USD 735 millones

Venezuela's El Petro cryptocurrency received $735 million in purchase offers within 20 hours of its launch, as announced by President Nicolás Maduro. The private pre-sale of 38.4 million petros began, with a total issuance of 100 million. The public offering will follow, with the state reserving 17.6 million. The value of each petro is based on oil prices, with a reference price of $60, subject to change. The cryptocurrency was introduced to address liquidity issues exacerbated by U.S. financial sanctions.

How much worth of purchase offers did Venezuela receive for El Petro in the first 20 hours?

• $500 million

• $735 million

• $1 billion

• $600 million

What is the total number of petros planned for issuance?

• 75 million

• 100 million

• 50 million

• 150 million

When will the public offering of El Petro begin?

• March 18

• March 19

• March 20

• March 21

What is the basis for the value of each petro?

• Venezuela's GDP

• Gold reserves

• The price of a barrel of oil

• The U.S. dollar

What was the reference sale price set for El Petro in the White Paper?

• $60

• $65

• $55

• $50