PROFISH: INTRODUCING A DECENTRALIZED PLATFORM FOR SPORTS FISHING

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The blockchain technology is yet to move into the riverine areas of the real-world applications as there are many industries that are yet to feel its impact. Sports fishing, one of the industries that contribute to the global GDP is yet to have a decentralized outlook. What many are ignorant of is that the industry has potentials to top the chart just like every other sport. The era of mere fishing had been disrupted as fishing has become a sport on its own and is yielding income for participants and investors. Though unsung, the sports fishing industry is worth $200 billion USD and this figure will rise as the year pass by.

ProFish, a disciple of blockchain’s decentralized policy is looking at ways of growing the industry and has therefore resorted to the use of the decentralized chain network in bringing its acumen to the doorstep of investors and users likewise.

Why ProFish?
The sports fishing industry though relegated to the background by other top sports tournaments such as the World Cup has its unique potential. Investors are of the opinion that it provides recreational services while allowing participants have access to array of fishing tournaments. The industry seems to be hitch-free but there are likelihoods that downsides might crop in the future given its centralized governance. ProFish working in tandem with decentralization is bringing the blockchain to sports fishing while protecting it from future hitches.

Market Opportunity
Before its development, ProFish had taken insight into the workings of the recreational (sports) fishing industry and had found opening to implement what it deemed viable solution that would further improve the multi-billion dollar industry. First, fishers are drawn from far and near to participate in the tournament. Second and most important, the revenue accrued during the stead of the tournament is much especially in the light of participants’ converge from different destinations and their subsequent use of services in the locale.
The United States, a country leading in sports fishing tournaments accounts for about 45% of the industry’s revenue; a figure that is hinged on about $115 billion USD. To this end, ProFish created three distinct services that would propel the industry’s foundation on a decentralized network.

Tournaments
ProFish is provisioning online tournaments where participants can take part without restrictions in their locations. The scenario will be different from what was obtainable in the past; the tournament will be held on the Ethereum blockchain network and offers reduced costs and faster throughput.
There is also social media functionality where participants can show off their catches. The social media platform is interoperable as other social platforms can be integrated allowing users share their catches across multiple platforms.
Marketplace
The decentralized marketplace would be a trade center of sort as participants can relinquish some portion of their FISH tokens in exchange for goods and services available at the time.
Incentives
Finally in the list of trinity products release by ProFish is the reward mechanism. ProFish is reinventing loyalty programs with its positioning to unify all rewards so users can access them in one place. This time, all sports fishing loyalty programs and incentives in the confines of users will be collated and made accessible in one platform.

Conclusively, ProFish is a nice project and coming at a time when the blockchain is looking at new areas to make in-roads, its adaptation to the recreational fishing industry is definitely a welcomed development.

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

Token Distribution
Fundraising: 15.92%
Team: 19.8%
Crowd-sales: 20
Reserve: 20%
Advisors: 3%
Bounty: 12%
IT Operations and Development: 10%![profish 2.jpg]

PROJECT MILESTONE
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