PetroDollar to be Next Oil Backed Cryptocurrency

Another oil backed cryptocurrency is getting set to launch it’s ICO in 2018, this time by a New York capital management group calling this new ground in commodities investment.

Commodities Backed PetroDollar Launches in 2018

Signal Capital Management announced the launch of their PetroDollar cryptocurrency (XPD) on March 12. Saying PetroDollars will allow investors to use peer to peer exchanged digital currency backed by the value of crude oil and natural gas instead of “thin air”...

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