Global Shrimp Coin (GSD)

With the introduction of cryptocurrency, the financial sector and stock market witnessed a revolution like no other. Cryptocurrency and blockchain technology eliminated the middlemen problem making banks obsolete.

With the decentralized network, everyone who owned cryptocurrency became the client and the server, that is, they are the bank and the customer. This enhanced the security and scalability by multiple folds. With so many advantages of using cryptocurrency, it soon gained popularity and is now a billion dollar market with many new cryptocurrencies entering the marketplace every day.

Introducing Global Shrimp Coin (GSD), the first-ever shrimp-farming enterprise cryptocurrency dedicated solely to the industry where it is expected to reach $67 Billion USD.

With just 10 million tokens and ICO is raising $50 million and will own 20% equity shares in the holding company Global Shrimp YG Holding Limited. Dividends will be distributed via cryptocurrency to those holding the tokens on an annual basis.

That being said, Shrimp is one of the “big-fish” businesses in the global market and is one of the most competitive in the world. In 2017, the farmed Whiteleg Shrimps segment is valued at $14 billion USD and is expected to be valued at just under $25 billion USD by the end of 2027.

The growth of Shrimp farming enterprise is inevitable as there is an increasing demand for shrimp worldwide. And this, in turn, will increase the market capitalization of GSD tokens. Using a dedicated cryptocurrency for the Shrimp enterprise will reduce the transaction fee to zero and since the GSD is a globally accepted currency, there is no need of money exchanges which demands a high transaction fee.

With the introduction of Global Shrimp Coin (GSD), the chances of normalizing the grounds for the shrimp farming around the world are very high. Become a part of a booming market and get your GSD tokens today!

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