A Data Ecosystem For The Global Seafood Industry

Fishcoin Private Sale Underway

 The seafood industry is massive...

Fishcoin Seafood Traceability

10% of the world's population

1 in 10 people on the planet derive their income from seafood.

Seafood Supply chain Traceability

90% growth in consumption

In the past 50 years global per capita seafood consumption is up 90%.

Fishcoin Blockchain SeaFood Traceability

$150 Billion / Year

The global export value for seafood, retail value is multiples higher.

... but it's also broken.

Unsustainable

Unsustainable

89% of global wild fish stocks are overfished or fully exploited.

Illegal

Illegal

700KGs of seafood are stolen every second.

Unsafe

Unsafe

US FDA inspects 1%, tests 0.1% and rejects 51%.

Wasteful

Wasteful

Up to 60% discarded, lost or wasted in supply chains.

Fraudulant

Fraudulent

Up to 25% of seafood species are mislabeled.

Fragmented

Fragmented

Supply chains are opaque and disconnected.

Inequitable

Inequitable

As low as 5% of net profits make it back to producers.

Lacking Standards

Lacking Standards

Less than 15% are certified to be sustainable.

We don’t know the story behind our seafood

  • Most developing nations do not collect adequate catch data
  • Traceability is not possible for many seafood products
  • Data is not flowing efficiently (if at all) across supply chains

What is Fishcoin?

  • Fishcoin Traceability by Blockchain

    A decentralized network of tools for data capture

    In the past the seafood industry, to a large extent, avoided the exchange of data altogether because neither governments, nor consumers, required such data. This is rapidly changing however, and with the US Seafood Import Monitoring Program, chain of custody records will be required for seafood prior to import beginning January 1, 2018. In a global industry comprised of disconnected stakeholders this represents a problem because supply chain actors must coordinate around a single tool or standard for data capture and transfer. Thus, the Fishcoin network is not an application, but a series of APIs and SDKs designed for existing industry tools that can be utilized by third party developers who wish to integrate their applications.

  • Fishcoin Traceability Token

    A tokenized incentive to capture and communicate data along fragmented supply chains

    Supply chain stakeholders such as fishermen and processors can receive Fishcoin Tokens in exchange for providing data, and the tokens will be the mechanism to reward them for their additional effort in capturing data. The flow of Fishcoin Tokens moves from buyers to sellers in the supply chain, which creates a virtuous cycle rewarding those who make the extra effort to capture data such as fishermen and supply chain intermediaries. This rightly shifts the economic burden to downstream actors in the supply chain such as hotels, restaurants and retailers who benefit most from traceability and other data as they can use such data to validate the quality of their seafood to consumers.

  • Blockchain Based Traceability Platform

    An interoperable suite of tools designed by seafood industry insiders

    While there are other blockchain based traceability platforms that have emerged to address the very real supply chain problems that span industries, the seafood industry in particular has unique needs that can only be addressed by those with insider knowledge based on the realities of actual trade. This is where the Fishcoin team and advisors are uniquely qualified to develop and deploy an ecosystem of this kind. Our team is a unique group of sustainable seafood, supply chain and technology experts each with decades of experience in each of our respective fields. This unique collection of industry insiders have not only the experience, but the networks to deploy the Fishcoin token ecosystem in supply chains throughout the world.

    The challenges of seafood supply chains cannot be solved by technology alone, but require a deep understanding of the social and financial issues that govern the motivations of various stakeholders. Our team's long experience facilitating traceable and sustainable seafood trade with institutional buyers allows us to understand the full range of the issues involved as we deploy technologies that will transform the industry.

Seafood Traceability Powered By The Blockchain

  • An ERC20 token that incentivizes data sharing
  • Chain of custody stored on Ethereum blockchain
  • Pre-built tools and APIs for integrating existing systems and even IoT devices

Partners

Team

Advisors

The Fishcoin Token Sale

Fishcoin Tokens will be allocated with the objective of raising funds to develop the network, seeding the market to ignite usage, and aligning the interests of the various stakeholders including early contributors, project team members and advisors. Each of these groups will receive an allotment of tokens according to their contribution to the ecosystem.

Token Distribution

Token Sale

55%

Marketing

8%

Project Team

10%

Reserve

22%

Advisors

5%

Tokens allocated to the Project Team, Reserve and Advisors will be locked with a linear 24 month vesting period. Marketing will include airdrops and bounties to seed interest and ignite the ecosystem.

Fishcoin Token Distribution

Documents

Fishcoin Seafood Traceability Whitepaper

Fishcoin Whitepaper

Roadshow Schedule

Roadshow Schedule

Timeline

A Brief History

1999 - Present

Fishcoin team members spend decades working throughout the seafood industry to advance the use of data for quality and traceability going back to Alistair Douglas’ tuna traceability and DNA profiling research in Tokyo's Tsukiji Fish Market.

June 2014

Secretary of State John Kerry announces the mFish Initiative at the Our Ocean Conference

June 2017

Fishcoin concept first envisioned with the help of Antanas Guoga, Member of EU Parliament.

Fishcoin concept

October 2017

Fishcoin is first publicly announced at the Our Ocean Conference in Malta.

Fishcoin Announced at Our Ocean Conference

Moving Forward

Q1 - 2018

Fishcoin token sale

Q2 - 2018

Fishcoin network development and initial pilots of digital catch/harvest logs

Q3 - 2018

IoT pilots on boats and fish farms, and Fishcoin to mobile top-up exchange created to incentivize usage.

Q4 - 2018

Fishcoin network launch

2019 Onward

Deploy Fishcoin throughout seafood supply chains along with our partners