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fish
Nexo Logo

Shrimps, Sharks, Whales and Other Fish in Crypto

NewsBTC by NewsBTC
9 months ago
in Company News
Reading Time: 2 mins read
Advertisement

End of September the world celebrated World Maritime Day. The Crypto industry has always been connected to fish-themed concepts, and that comes from conventional trading, where market participants are graded based on their knowledge, experience and success.

The Crypto boom gave birth to a whole ranking chart of Bitcoin holders and those holding other cryptocurrencies in Bitcoin equivalent:

  • Shrimp: less than 1 BTC
  • Crab: 1 to 10 BTC
  • Octopus: 10 to 50 BTC
  • Fish: 50 to 100 BTC
  • Dolphin: 100 to 500 BTC
  • Shark: 500 to 1000 BTC
  • Whale: >1000 BTC
  • Humpback: >5000 BTC

It became a cult: in the ICO explosion of 2017-2018, there was a surge of projects with a fish concept and still new ones appear.

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Among the projects that are still addressing the marine concept are:

🐋 Whale Alert — the most advanced blockchain tracker and analytics system reporting large and interesting transactions as they happen with all the data available through API.

 

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**🌊 Ocean Protocol** — an open-source protocol that aims to allow businesses and individuals to exchange and monetize data and data-based services. Ocean’s software is built to facilitate this data exchange, linking users who need data or do not have resources to store it, with those who have resources to spare.

 

🐬 True Flip — the best 2020 online casino according to Askgamblers, with the dolphin protagonist that has been releasing quality products and developing gamification for 4 years, all built on killer whales, stingrays, jellyfish and a dozen other thoughtful characters. The casino started as a blockchain lottery with the TFL token, and not so long ago the team announced the token to become an independent project within the group.

🦈 Baby Shark Token (no, it’s not that song) — a token designed to help clean the ocean by using decentralized fundraising. With its unique tokenomics, BabyShark aims to be the first charity token with zero selling pressure from donations.

🐙 Octopus Protocol — a robust DeFi protocol built on the Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets.

Will this and other tokens continue to develop as “fish” ones or choose something else — we will probably find out later. One is clear: alongside the recently arrived DeFi ranking of Chads, Apes, etc, the classical ocean theme scale of the crypto users will be staying with us forever.

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