Despite all the doubts and controversies surrounding the project, El Petro, the Venezuelan cryptocurrency, has recently received the Satoshi Nakamoto Prize from the Russian Cryptocurrency and Blockchain Association (RACIB) for its ‘outstanding contribution to the development of the blockchain industry’, according to the official community.
The awards ceremony was held in Russia and was attended by Venezuelan ambassador Carlos Rafael Faria Tortosa. In addition to “El Petro”, the awards ceremony that took place at the World Trade Center during the BLOCKCHEINF-2018 international congress held by Racib had another twelve winners in different categories. Racib is an organization active in the Russian blockchain industry and has several members from traditional and Fintech sectors, including governments.
RACIB is the association that unites members of the Russian crypto market, created to integrate blockchain technology and products developed on its basis into the economy of the country. His membership organization includes over 2000 members and participants representing various directions of development of the industry: cryptocurrencies, blockchain technology, mining, ICO and crowdinvesting.
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