Crypto And Sardines Combine To Create An Investment Opportunity

  • 📰 Forbes
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The crypto world was rocked by the announcement of an Initial Sardine Coin Offering.

that Jérôme Grandidier, chairman of MYSardine, is a French speaker who would perhaps be more familiar with the French term “poisson d’Avril," which means"April Fish." How appropriate.

Undeterred by a thin market and a niche product, MYSardine has ambitious plans for its fishy token. According to theOn the market today a proposed solution is the creation of a stable value coin , whereby an issuer distributes a cryptographic token to customers in exchange for a specified fiat currency, for instance, the U.S. dollar, at a fixed 1:1 exchange rate. Because the U.S.

the initial fundraising could enable the company to vault sufficient stocks to create an artificial scarcity of canned sardines, which should raise the price

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Heard.

I’m not hungry anymore.

👍

I don't know. Seems...fishy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside SnackFutures, Mondelez's innovation and venture hub - Business InsiderBig CPG companies are facing existential threats to their businesses. Oreo and Ritz maker Mondelez is trying to stay ahead with its innovation arm, SnackFutures.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla's market value zooms past that of GM and Ford - combinedFor the first time, Tesla Inc's stock market value has eclipsed the combine... How is that possible? They haven’t delivered a product yet. So? He knows ideals.
Source: Reuters - 🏆 2. / 97 Read more »

Tesla's market value eclipses GM and Ford - combined!For the first time, Tesla Inc's stock market value has eclipsed the combine... i wish the sweet ass in you The problem here is that “market value “ simply means price times number of shares. Tesla is hugely overvalued in price based on earnings and growth speculation Tesla is the poster child for why the market could crash. There are far too many companies out there who burn through cash, don't have a long term strategy that will mean they will ever show a profit. Can't help people from buying into fantasies promoted by people like Musk.
Source: Reuters - 🏆 2. / 97 Read more »