Recreational fishing which is also called sport fishing is fishing for pleasure/fun or competition. It can be compared with commercial fishing, which is fishing for business and profit or subsistence fishing, which is fishing for one's family or in other words, survival.
Recreational fishing competitions are a recent innovation in which fishermen compete for prizes based on the total weight of a given species and type of fish caught within a fixed period of time. This sport evolved from local fishing contests into large competitive ones, especially in North America . In most cases, competitors are professional fishermen who are supported by commercial organisations and competitions are based on catch and release. The longest fish or the total length is documented with a camera and a compulsory sticker or unique item, a practice that is used since it is hard to weigh a living fish correctely in a boat.
The Sport fishing competitions usually involve individuals if the fishing occurs from land, and teams if conducted from boats, as well as specified times and areas for catching fish. A score is awarded for each fish caught. The scores given depends on the fish's weight and species. Most times, a score is divided by the strength of the fishing line used, yielding more points to those who use thinner, weaker line. In catch and release competitions, a flat score is awarded per fish species caught, divided by the line strength. Sport fishing competitions usually award a prize to the boat or team with the most points earned.
The block chain technology throughout it's ten years have focused on different aspects of the economy and industries but has not yet gone into the fishing industry and that's why ProFish is the first one diving into this aspect of the industry.
According to the research done by the American Sportfishing Association in their report Sport fishing in America, an Economic Force for Conservation, over 60 million Americans spend an estimated $46 billion a year on recreational fishing alone. It has a total economy of $115 billion in the US alone, when you include fishing expenses lodging, transportation and other expenses related to sport fishing. The US accounts for about 45% of global sport fishing revenue. Sport Fishing is increasing in revenue at about 3.5% per year in the whole word.
In most sport fishing competitions, awards and prizes are given to the boat or team with the most points earned.
In this competitions, the rewards differs and there is no set standards for determining the rewards to give to each participant. Because of this, FishPro unifies all royalties and rewards making it possible to use them across multiple platforms. Unlike other platforms where funds are not within their reach, incentives offered on this project are available on the platform.
FISH TOKEN INFORMATION
Pro Fish Ticker: FISH
Token Standard: ERC20
Total Token Supply: 985 Million
Contract Address: 0xBb8A83f98e3D98EA1e3bc6E01FA577e5Ec3e62D0
Decimals : 8
FISH Token Distribution
Public Sale - 20%
Bounty - 12%
Reserve - 20%
IT Operations and Dev - 10%
Advisors - 3%
Fundraising - 15.92%
Meet The Team
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For more information about Profish, kindly click on the links below;
Technical documentation: https://profish.io/ProFish_WP_V1.2.pdf
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Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1862137hat is used since it is hard to weigh a living fish correctely in a boat.