Fishing is a profession that is attached with fun and happiness. When a fisherman catches a fish, their is this joy of satisfaction that radiates around him. However, the fishing industry is not eluded by the technological advancement of the present age. A closer examination will reveal that the instruments used in fishing are now technically designed.
In order to squeeze out fun from the fishing job, fishermen organized fishing contest in form of a recreational activity called sports fishing. This event is however aimed at rewarding professional fishermen for their skills and also to entertain spectators that watching. This events and activities however generate a reasonable amount of revenue as the revenue generated by sports fishing is climaxing to 3.5% every year. This is a lucrative industry with a lot of untapped potentials. Shockingly, this industry is yet to experience the benefits of the blockchain even with the tremendous success story of the industry which is the prime motivation for the establishment of the PROFISH project.
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THE PROFISH INNOVATION
The Profish project is a decentralized platform aimed at integrating the blockchain into sport fishing and the fishing industry at large. The platform proposes to launch a digital currency which will be known as the FISH token. The FISH token will act as a reward currency for participants in the platform.
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EXTRA BENEFITS OF THE PROFISH PLATFORM
High Audience Marketplace
The Profish platform opens up opportunities for fish vendors, retailers, and even fishermen to showcase their goods and services in order to gain recognition and also make good sales. This transaction is however handled in the blockchain and the payment is made with cryptocurrency. This project however promotes the mass adoption of cryptocurrency in real life scenarios and also link interested participants without excess services fees which is always charged by third party agencies.
Interaction With Other Users
The Profish system is however designed with a peer - to - peer framework with the enablement of assets transfer. This however means that users can freely share their tokens within themselves without worrying about gas fees of excess transaction fees.
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Online Competition
The Profish platform proposes to establish online an online sports fishing tournament in order to keep the users entertained. Participants are however rewarded with the Profish token which is known as fish. It can only get better.
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THE ROADMAP
The Profish roadmap is scheduled as follows. Exchange listing is slated to kick off in the third quarter of 2018 along with online tournaments. Online market place is proposed to be launched in the forth quarter of 2018. Rewards program is to kick off in the early quarter of 2019 while platforms that are to partner with the profish platform will be integrated in the system in the second and third quarter of 2019.
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CONCLUSION
The fishing industry has been blossoming over the years with increasing revenging from sports fishing every year. The industry is garnished with untapped potentials which is why the Profish profile is established, to integrate the blockchain in the system and further develop the system, nurturing the finances while rewarding the participants.
