How ProFish is Reinventing Sport Fishing

The world cup just ended with many countries crashing out in the group stage and others making it as far as the finals. Sports had been reputed as uniting force that cuts across sentiments and religious divides. Football is leading in the industry but there are other sporting activities that seem overshadowed by the glory of the former.

We all consume fish at home but who could have thought that this commodity passes for sports? There is actually sport fishing that entails organized fishing activities patterned as tournaments. At the moment, the industry worth over $200 billion is yet to get full tapping.

The blockchain technology throughout its ten-year streak had been applied to different scenarios and recorded massive upsides. It is yet to make foray to this industry and that is why ProFish is making the first move towards that end.

Decentralization

As stated earlier, the project is bringing the blockchain to another scenario. Though there seems no bottleneck at the time, ProFish literally foresaw possible hitches in the future. Hence, it redistributes activities within its ecosystem in a way that all participants will be evenly accommodated. From fishermen to retailers, the system has features that will benefit them.

Joining the League

For an industry worth $200 billion and 3.5% annual growth rate, it takes more than analysis to understand its workings. Recent studies posit that the US is in control of over 45% with estimated net worth of $115 billion.

It takes more than decentralization to make the industry viable. To this end, ProFish tightened all loose ends to ensure diversification. Prodded by zeal to propel the industry to greater heights, ProFish created online tournaments where fishermen can show off their skills.

Recent popularity garnered by the social media has placed it in the spotlight of events. To this end, ProFish is not found wanting as it allows participants in the tournament access to upload their catches.

The platform’s community page was patterned same way as other social media platforms. Users can comment and hit the like button on tournaments that catch their fancy. On the other hand, the Ethereum blockchain will reduce transaction costs while securing and verifying transactions.

Marketplace

ProFish is a futuristic project as it explores avenue to trade with cryptographic currencies. This led to creation of marketplace where merchants can offer their products and services in exchange for the FISH token. Though payments on the project are stored in the community storage, there are plans to create additional marketplace for users.

Uniform Reward

Every business likely offers royalty to its customers. Same way, the sport fishing industry offers incentives to participants but the problem arose from different use case of such royalties. To this end, ProFish unifies all royalties making it possible to use them across multi-platforms. Unlike other platforms where funds are not within their confines, incentives offered on the project are available on the platform.

ROADMAP

Token Information

Ticker: FISH
Platform: Ethereum
Token Supply: 985 million
Token Standard: ERC20

TEAM

Conclusion

Aside these upsides, the project place wallets in the hands of users. In the future, ProFish will lead the way to total decentralization of sport fishing.

To learn more about ProFish, check out the links below:

Website: https://profish.io/
ANN Thread: https://bitcointalk.org/index.php?topic=4932747.0
Whitepaper: https://profish.io/ProFish_WP_V1.2.pdf
Medium: https://medium.com/@profish.io
Twitter: https://twitter.com/profish_io
Telegram: https://t.me/FishToken

Writer: Collinberg
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780