Cryptocurrency has grown exponentially in almost every field. Though it’s still in the infancy, cryptocurrency has changed the dynamics of market cap. Every day more and more people are interested in investing in cryptocurrency and more cryptocurrencies are entering the market.
Because of the decentralized system and distributed ledger, cryptocurrency is immutable and completely secure and avoids the need for middlemen such as banks. Also, unlike fiat currencies, cryptocurrencies are limited and this ensures the demand for a certain cryptocurrency is always in sync with the market trends.
What is GSD?
Global Shrimp has launched the first-ever cryptocurrency backed by a high yielding and profit-making shrimp farming enterprise based in Peru.
The Whiteleg Shrimp farming segment is valued at $14 billion in 2017 and is expected to increase at a CAGR of 5.8%. This segment is expected to be valued at just under $25 billion by the end of 2027. Global Shrimp Coin (GSD) has a max cap of just 10 million tokens which means these tokens will have great value in the near future. These tokens have a lock-in of three years but can be traded on the CGX exchange and HitBTC Exchange.
The ICO is aimed to raise $50 million and will own 20% equity share in the holding company Global Shrimp YG Holding Limited. By the end of 2027, the global shrimp market is expected to reach a value of more than $67 billion.
How is Success Assured?
There is an ever-growing demand for farmed shrimps as the world population is moving towards a healthier lifestyle and the amount of wild-caught shrimp has decreased globally.
Global Shrimp has taken this opportunity and collaborated industry veterans and super intensive shrimp farming specialists to build a global shrimp farm which will be available in early 2019.
Become a millionaire
Round-1 of GSD Pre-ICO is now live. Get your tokens and redeem 20% off. Invest in the fast-growing shrimp farming industry to secure your future and become a multimillionaire.
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