The Aquaculture of Promises
AQUACULTURE MAGAZINE

The Aquaculture of Promises

Between the "aquaculture of reality" and the "aquaculture of promises," various scenarios may arise based on illusions without certainty, which the market of investors unfamiliar with aquaculture may eventually believe.

Just a few years ago, with the global boom of "startups" and "fintech" companies, several investment funds came into aquaculture looking for ways to integrate a portfolio of promises and expectations to sell in the global financial markets

"Startups" and "fintech" are companies that manage to stand out from millions in an accelerated way. These companies multiply their capital from investments based mainly on "expectations" that could generate dividends at some point in time, provided they meet all the promised conditions.

Thus was born the "aquaculture of promises", a new world of opportunities for investors, investment funds, financial agents and foundations that saw an open panorama without competition, which included an irrefutable discourse full of sustainability and good intentions to save the planet from the devastation of the oceans and seas: food security, job creation, contribution to the sustainability of the oceans, good low-fat food and great dividends as new companies in a new industry and that it therefore promises accelerated growth based on new products in a new and demanding market.

So, everything is going very well until we come to the "aquaculture of reality". By reality I mean the "true and effective existence of something or someone". Between the "aquaculture of reality" and the "aquaculture of promises", a variety of scenarios can arise, based on illusions without certainty, which the market of investors unfamiliar with aquaculture may eventually believe.

A delusional aquaculture project can require years of investment that turns into false expectations. And these failures can end up preventing investment and aquaculture growth.

Some examples of these fallacies include projects with ongoing prototypes that later prove to be technically or financially unviable. Ideas that face complex government regulations, or overestimated markets that do not respond quickly enough to ensure the project's survival. In these cases, the return on investment has vanished into thin air.

Aquaculture is making great strides technologically. However, this industry is still led by a generation of pioneers who resist these technological changes and cling to paradigms. It is difficult for investors to understand whether veteran fish farmers are rejecting new technologies as delusional and speculative, or whether these technologies are being rejected because of these veterans' resistance to change.

If you, dear reader, are an investor who wants to ride the aquaculture wave and profit quickly from this growth, welcome! There are many opportunities ahead of you where you can safely invest and earn higher returns than in other financial markets. Of course, make sure you have a good advisor so you do not buy into delusional promises that lead you into a maze of uncertain losses, no matter how serious and attractive they may seem.

The problem is that most of the time, the "aquaculture of reality" only becomes apparent after the investors have put in so much money, that they can't easily walk away, the only choice they have is to spend yet more correcting the mistakes of the original design. Not surprisingly, the original designers are usually long gone at this stage, having received there fee , which at the end of the day was the only purpose of the excercise.

Gustavo Paredes

Gerente comercial superior en Conauto C.A.

2y

Everyone can get its return in excel, despite of the reality.

Michael Rachin

Zero Discharge Aquaculture System Technical Consultant at Aquagreen

2y

Hi the main future for aquaculture is RAS and more ZERO DISCHARGE systems for saltwater and fresh ,that means anywhere we can build a farm to serve the local market for fresh products aquagreenfarm@gmail.com

Roberto Arosemena Villarreal

Presidente y Director Ejecutivo de NDC Consulting Group

2y

Una forma excelente de mostrar los riesgos de la "acuacultura de ilusiones", de la cual hay muchos vendedores por ahí, afortunadamente habemos muchos también que vendemos la acuacultura de realidades.....

Luis Marcelino Remedios Hernández

Presidente Soc. Acuicultura y Pesca Industrial de Plataforma. AsociaciónCubanadeMedicina Veterinaria.

2y

I recommend reading an old article already with the title: The Controverted Issue of Small-Scale Rural Aquaculture in the World: Invitation to Debate. 2021. (J Aqua Res Dev. 12:636.) Real and true aquaculture must be aimed at solving food problems, directed at those who need it most. I invite you to read the article.

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