Sport fishing is a recreational activity just like any other. Statistics indicate that, in the U.S. alone, over 60 million people participate in the competitive activity. To further increase this number, Pro Fish is an initiative that seeks to leverage blockchain in sport fishing. In particular, the technology will add to the exercise events like tournaments which will draw in more participants.
Pro Fish is a blockchain network that brings together the sport fishing community. In particular, it targets people who indulge in the recreation on a professional level. According to the whitepaper, the platform incorporates FISH tokens which will facilitate transactions over the platform. As per the whitepaper, the tokens will benefit the fishing community, from fishermen to vendors and retailers.
FISH Tokens
The platform will provide three kinds of services. Firstly, the Pro Fish blockchain platform will incorporate fishing tournaments. Interestingly, the fundamental nature of a blockchain platform will enable the tournament to be online-based. This is because users can interact on a peer-to-peer basis. What’s more, participants will receive their rewards in FISH tokens which they use to settle transactions on the platform.
Secondly, the Pro Fish ecosystem will avail an online market where stakeholders can engage in business. Vendors, retailers, fishermen, and other stakeholders, can exchange goods and services over the platform. In particular, they will all use FISH tokens which have low transaction costs. Based on Ethereum blockchain network, Pro Fish incorporates verifiable transactions which enhance their security.
Thirdly, the platform will also incorporate a rewards system through which users can earn FISH tokens. Normally, each retailer has their own rewards system to attract customers. This way, people tend to use the rewards for other products or services far away from sport fishing. However, the Pro Fish platform will bring together all the retailers under one reward system.
Pro Fish Uses Blockchain in Sport Fishing to Gauge Deals
Interestingly, the system will deliver the rewards in FISH tokens which are only redeemable within the sport fishing ecosystem. As a result, all the value stays within the community, leading to further development of sport fishing.
According to a blog post, the blockchain platform will facilitate gauging of deals within the sport fishing ecosystem. Ultimately, the platform will encourage more anglers to join the ecosystem as they enjoy their passion.
Already, the FISH token is tradable on the Mercatox exchange. This means that the tokens earned on the Pro Fish platform can also enable users to buy Bitcoin (BTC) and other altcoins.
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