What is Fishcoin and what problems will it solve?
Fish industry is one of the major parts of the worldwide food industry. Every year 970 – 2,700 billion fish are caught for food and oil purposes, almost half of this amount is thrown away and wasted. Almost 90% of sea and ocean species are on the verge of becoming extinct, and they actually support life of every 10th person in the world. 700 kg of seafood is stolen every second all over the world, and the list of problems goes on and on.The states’ governments and Ministries of Food put out a lot of requirements for the industry, the main one of them being: better traceability and improved supply chains. This can become a hard task to complete, since most of fish and seafood is caught in the Third World countries. This is why Fishcoin is so important. It was created to solve the short-terms problems (making supply chains traceable and more transparent) and the long-terms ones (stopping the waste of seafood and extinction of marine species).
Awesome features of Fishcoin
- It will not bring any harm to the fiat part of the industry
- It has noble goals of saving the marine wildlife from extinction
- It will optimize the supply chains all over the world, systemize all the data and store it in blockchain
- It will counteract seafood theft
- It uses peer-to-peer network to provide transparency to all the operations
- It provides rewards in tokens for those contribute to the goods’ traceability
- It develops a fully decentralized ecosystem
- It has a great team of talented creators
Fishcoin will hold its token sale on the 16th of October, 2018, and it will last until the 31st of October, 2018. You can purchase 1 FISH token for 0.00002898550725 ETH. The cap of the project is 40 thousand ETH ($11,429,600). The tokens will be distributed in the following way: 40% will go for the token sale, 33% will be reserved, 10% will be allocated for both marketing purposes and the project team, 7% will be saved for advisors.
If you want to find more info on this project or take part in the upcoming token sale, please, visit its official website.
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