Petro is going to be backed by oil production. Venezuela's ability to produce and extract oil has declined significantly over the years. They do have a lot of reserves but are not able to get them out. As such, even before you get into the protocol issues, petro is not sustainable on the most basic level.
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You said good friend will be supported, but it will not be directly linked to oil. If that were the case, his initial offer would be on a par with the crude barrel.
I think it has many possibilities to increase its price in the first days, coins without a specific goal or support have achieved it. I do not see why one who works with national mining farms can not do it.
Thanks for your comment.