For some reason I don't have a good feeling about this succeeding.
If this is supposed to be a petro crypto I think there are some countries that would be very much against this. The USA comes to mind. They do not want cryptos tied to oil. Look what the did to Libya when Kaddafi wanted to have a gold backed currency to trade oil. The bombs fell and Kaddafi was murdered.
It will be interesting to keep track of how this "experiment" works.
Thanks for the article.
...upvoted and resteemed