PROFISH; LEVERAGING ON BLOCKCHAIN TECHNOLOGY TO BOOST SPORT FISHING COMMUNITY

INTRODUCTION

Fish farming or pisciculture involves raising fish commercially in tanks or enclosures such as fish ponds usually for food. It is the principal form of aquaculture while other methods may fall under mariculture. A facility that releases juvenile fish into the wild for recreational fishing or to supplement a species' natural numbers is generally referred to as a fish hatchery. Worldwide, the most important fish species produced in fish farming are carp, tilapia, salmon and catfish.

Recreational fishing also called sport fishing is fishing for pleasure or competition, it can be contrasted with commercial fishing which is fishing for profit or subsistence fishing which is fishing for survival. The most common form of sport fishing is done with a rod, reel, line, hooks and any one of a wide range of baits. Other devices commonly referred to as terminal tackle are also used to affect or complement the presentation of the bait to the targeted fish. Some examples of terminal tackle include weights, floats and swivels. Some hobbyists make handmade tackle themselves, including plastic lures and artificial flies. The practice of catching or attempting to catch fish with a hook is known as angling. Big-game fishing is conducted from boats to catch large open-water species such as tuna, sharks and marlin. According to Horne (2005), noodling and trout tickling are also recreational activities.

Mismanagement of recreational fishing (RF) can cause several conservation issues including high stock exploitation, selective harvest of trophy fish (therefore shifts in population structure), habitat destruction, unwanted catch and release of mortality or disease, introduction of non-native species and disturbance of the environment. With these concerns, it is therefore necessary to orient the RF sector towards environmental sustainability on an international level, through various means such as the licensing of anglers and boats, establishing closed seasons and developing size and bag limits. Using these means and others, RF has already been taken into account in fisheries management in many developed countries. Though important, RF inclusion in management can generate conflicts in terms of resource allocation among various stakeholders, especially commercial fishers.

                         PROFISH USING BLOCKCHAIN IN RF INDUSTRY

ProFish is the first organization of its kind in a completely untapped market. The ProFish token (FISH) is able to bring a new kind of business sense and a bright new change to the sport fishing community. ProFish provides three main services upon a decentralized platform that is self sustaining which are;

Online Tournament:

Online Tournament is not a new concept because it has proven track record in the sport fishing industry and as a result of this, many sport fishers are already familiar with how online tournaments work. ProFish tournaments will have the added benefits of low transaction fees, verifiable blockchain transactions and the secure Ethereum network to bolster its capabilities.

Online Marketplaces:

The ProFish online marketplace allows vendors, retailers and fishermen to exchange goods and services using FISH tokens or Ethereum. Community

members will also be able to use this feature like an online swap meet to sell used or custom equipment.

Reward Systems:

Rewards programs are very common in sport fishing, nearly all major retailers offer their own rewards programs. All too often, customers will acquire points, virtual gift cards, or samples- that are only tied to a specific retailer, product or offer. They always expire with time, and usually the customer is left with an unusable small balance like $.67.

                         PROFISH TOKEN (FISH) ANALYSIS  

Pro Fish (FISH)

Total Supply: 985 Million

Contract Address: 0xBb8A83f98e3D98EA1e3bc6E01FA577e5Ec3e62D0

Decimals : 8

Public Sale - 20%
Team -19.08%
Bounty - 12%
Reserve - 20%
IT Operations and Dev - 10%
Advisors - 3%
Fundraising - 15.92%

CONCLUSION

In conclusion, the FISH token provides a trilateral approach to use case services that are beneficial to fishermen, retailers and vendors all around the world. To know more about this amazing project, the links below will be of help.

WEBSITE, WHITEPAPER, ANN THREAD, FACEBOOK, TWITTER, TELEGRAM

WRITER BITCOINTALK USERNAME: lumibaba

WRITER BITCOINTALK ADDRESS: https://bitcointalk.org/index.php?action=profile;u=2151502

WRITER ETH ADDRESS: 0x83b1556667E1A776Db4Eb9e9373c5Ea1F3308a24