ProFish: Using Blockchain Technology To Transform The Sports Fishing Industry

in #blockchain6 years ago

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Let's face it: recreational fishing is big business. In fact, if it is a corporation, it will be listed among the Fortune 500 companies. Yes, the revenues gained from recreational fishing accounts for 45 percent of the total sports fishing industry. Although the sports fishing industry is growing exponentially in both revenues and participants, there's a need for improvement and fair play. Most times, fishermen, retailers, and vendors are often at the short end of the bargain when dealing with big financial players in the Industry. For this reason, ProFish has created a decentralized platform to ease the flow of transactions and ensure fairness in the industry.

Why ProFish?
ProFish aims to utilize blockchain technology to transform online tournaments in sports fishing Online tournaments are commonplace in sports fishing. In fact, online tournaments are the lifeblood of recreational fishing since they enable anglers to showcase their skills and catches. With ProFishing tournaments, you dint have to worry about high transaction costs or lack of transparency when competiting. In addition to this, ProFish provides an online marketplace where retailers, vendors, fishermen and other stakeholders can exchange their goods and services via Ethereum or the platform's tokens. So, why don't you take a look at what you stand to gain from ProFish.

ProFish's Online Marketplace
Currently, there's no centralized marketplace for anglers, retailers and vendors to gauge prices, exchange goods and funds. Buyers are left out as they are often not aware of the market price index and may fall victim to different fraudulent practices. To avoid any discrepancies, ProFish has created an online marketplace where vendors, fishermen and retailers can effectively exchange goods and services via the use of blockchain-enabled Fish token or Ethereum. The community members will be able to get updates about recent events and price indexes on this platform. In addition to this, your information is fully secured and tamper-proof via the aid of Blockchain's invulnerable decentralized system. With this platform, members will be able to carry out swap deals, and purchase of fishing gears. There's also a payment feature integrated into the community store. What's more? With time, ProFish aims to create a feature where vendors and retailers can own their own stores within the platform.

ProFish's Reward System
"Buy two and get one free" or "the first fifty people gets a 25 percent discount!" These rewards are rampant in sports fishing. In fact, it's not uncommon for you to see anglers with various rewards vouchers and offers. Sometimes, they get rewards in form of virtual gift cards. However, these rewards system have a common flaw - they are only tied to a specific retailer or product. Users cannot spend these rewards outside the permitted service. Localized rewards systems creates a fragmented market, and this leads to confusion and lack of transparency between concerned parties. To mend the fragmented market, ProFish aims to reach across various platforms and marketplaces to unite rewards program, thereby fortifying the sports fishing economy against financial leakages. This will ensure that there's no revenue loss to outside influences. Users will be able to enjoy their passion with ease.

Peer To Peer Transaction System
With this platform, members don't have to worry about exorbitant gas fees while sending money to friends or customers for goods and services. Although a gas fee is charged at the backend and the price might change periodically, the fee directly to the supporting network and not ProFish. In addition to this, users can also engage in various competitions on this platform. Recreational fishing just got tetter with ProFish platform.

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

For more information about Pro fish, kindly visit:
Website: https://profish.io/
Whitepaper: https://profish.io/ProFish_WP_V1.2.pdf
Facebook: https://www.facebook.com/profishio/
Telegram: https://t.me/FishToken
Twitter: https://twitter.com/profish_io
ANN Thread: https://bitcointalk.org/index.php?topic=4932747.0
Writer: sholex00
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1256875

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