The Grand Banks
1. Summary
- Description
-
Overview
Overview
The Grand Banks are an extensive area of submerged highlands located southeast of Newfoundland and east of the Laurentian Channel on the North American continental shelf. This region is characterized by shallow waters ranging from 25 to 100 meters in depth and is known for the mixing of cold Labrador Current and warm Gulf Stream waters, creating a nutrient-rich environment that supports an array of marine life.
Fishing Importance
The Grand Banks are considered one of the world's richest fishing grounds, with a history of supporting commercial fisheries since the late 15th century. The area is particularly notable for its cod stocks, but other species such as haddock, redfish, flatfish, mackerel, and herring are also found. The Grand Banks were the center of the international fishing industry in the 19th and early 20th centuries, but suffered from overfishing by the mid-20th century. This led to the collapse of the cod fishery in the early 1990s, necessitating severe restrictions on fishing and significant economic impacts on the region.
Environmental Conditions
The fishery on the Grand Banks is influenced by unique environmental conditions. The mixture of cold and warm waters creates a dynamic ecosystem, but the area is also prone to harsh conditions such as heavy fog, icebergs, and severe storms. Rising sea temperatures and environmental changes are affecting fish populations and the overall ecosystem, prompting efforts to regulate fisheries and protect the marine environment.
Economic and Historical Significance
Historically, the Grand Banks were a prime fishing destination for various nations, and their resources played a significant role in the development of settlements on Newfoundland. Today, the area continues to support a smaller-scale fishing industry, and efforts are ongoing to balance environmental conservation with economic activities. The area has also been subject to geological surveys and drilling for petroleum reserves.
Conservation Efforts
Given the ecological and economic importance of the Grand Banks, various efforts are underway to manage and conserve the region's natural resources. Governments, regulatory bodies, and international organizations are working to implement measures to ensure sustainable fishing practices and protect the marine ecosystem from the impacts of overfishing and environmental degradation.
| Price | |
| 52W High price | $101.23 |
| 52W High date | 26th Aug 2021 (3 years ago) |
| All Time High (ATH) Date | 26th Aug 2024 (2 months ago) |
| All Time Low (ATL) Date | 26th Aug 2024 (2 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $15.00 |
How does The Grand Banks's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
25.9%
Similar Market Cap
We're monitoring 7 The Grand Banks GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All The Grand Banks Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 112
Most Active Repos
| Past week | 3 |
|---|---|
| Past 12 weeks | 12 |
| Past year | 41 |
| Past week | 0 |
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| Past 12 weeks | 0 |
| Past year | 7 |
| Past week | 0 |
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| Past 12 weeks | 0 |
| Past year | 3 |
| Past week | 0 |
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| Past 12 weeks | 0 |
| Past year | 2 |
| Past week | 0 |
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| Past 12 weeks | 0 |
| Past year | 2 |
| Past week | 0 |
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| Past 12 weeks | 1 |
| Past year | 2 |
Top Developers 2024
In total, 5 developers have contributed to The Grand Banks over the past year. Who are the most active The Grand Banks developers, by commits, over the past year?
Related Projects
Developers working on The Grand Banks also worked on these projects.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,502 |
| Twitter followers | 5,734 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.thegrandbanks.finance/ |
|---|---|
| Explorer | https://bscscan.com/token/0xeE814F5B2bF700D2e843Dc... |
| @Grandbanks13 |
What is the correct contract address for The Grand Banks?
| Polygon-pos | 0xbcf339df10d78f2b44aa760ead0f715a7a7d7269 |
|---|---|
| Binance-smart-chain | 0xee814f5b2bf700d2e843dc56835d28d095161dd9 |
Has The Grand Banks been audited for security?
No security audits found for this project.
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