Fish Coin is a project designed mainly to transform the fishing and seafood industry. The project was initiated to be a decentralized ecosystem for local commerce and seek to offer ways to generate income for small and large fishermen. 

The team behind the project considers that fishing and seafood is a big industry on the planet that offers 12% of global livelihoods. Moreover, the consumption of seafood is growing continuously. In the last fifty years, the global per capita seafood consumption has nearly doubled. Hence, the team came up with Fish Coin to seek to earn from fish and seafood through cryptocurrency tokens. 

As per the whitepaper, Fish Coin is launched with the initial purpose of acquiring vessels with a capacity of six people and then renting them out to fishermen on the northeast coast. Besides being used by fishermen for fishing, these vessels can be used for the purpose of leisure, sport, and tourism. Later in the second phase, the company has plans to start operations with the tilapia fish nursery project. The platform aims to be self-sustaining with profits from boats and fishing activities. 

Backed by blockchain technology, Fish Coin seeks to allow users to earn profits from currency appreciation and redistribution of fees amongst the token holders. The platform rewards token holders in $CAKE tokens.  

FISH token is the native token of the Fish Coin platform. FISH is a BEP20 token launched on the Binance Smart Chain (BSC). Also, BEP20 is a token standard used to deploy tokens on Binance Smart Chain. A 12% fee is charged on each transaction taking place on the platform. Out of this 12%, 10% is redistributed among token holders as a reward for holding FISH tokens. And, 1% each is reserved for liquidity and marketing operations on the platform.  

Further, the roadmap suggests that the company has plans to enlarge the vessel structure and get the smart contracts audited in the near future to offer more security to its users. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

As per the whitepaper, the maximum total supply of FISH tokens is 100 billion tokens.

Actualizamos nuestro FishCoin a EUR en tiempo real. Obtén el precio de FishCoin actual en Coinbase.