"Global Shrimp" is launching the first ever crypto coin backed by a high yielding and profit making shrimp farming enterprise based in Peru.
There will be a max cap of just 10 million tokens with a lock in of three years however tradable on the CGX Exchange, HitBTC Exchange.
The 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 crypto currency to those holding the tokens on an annual basis.The team consist of industry veterans and super intensive shrimp farming specialists. "Global Shrimp" has tied up with a Caymen Island based company "CryptoGenX Ltd" to launch the world's first dividend paying equity backed crypto currency global shrimp coin (GSD)