FISH Tokenized Rewards - Lite Paper
The global demand for aquatic food products continues to outpace population growth, with consumption increasing at an unprecedented annual rate of 3.1% since 1961. As traditional fishing methods strain marine ecosystems and fail to meet this rising demand, a transformation in aquaculture production and sustainable fishing practices becomes imperative. The FISH Project emerges as a revolutionary solution at this critical juncture, combining immediate production capability with long-term sustainable development.
Project Overview
The tokenized FISH loyalty rewards project represents a unique convergence of digital innovation and real-world impact, offering stakeholders the opportunity to participate in transforming West African fisheries while contributing to sustainable development. Through strategic partnerships, innovative technology, and a commitment to sustainability, the project aims to revolutionize the aquaculture industry while addressing critical food security challenges.
Backed by Chrysalis's proven track record of (7) seven successful launched projects and leveraging its advanced digital platform, the FISH Project is positioned to deliver significant value to stakeholders while driving positive environmental and social impact across West Africa.
This lite paper outlines the comprehensive strategy, technology, and mechanisms that will drive the project's success, detailing the unique opportunity for early participants to contribute to immediate production efforts and long-term sustainable growth.
The West African Opportunity
  • Global fish consumption projected to require 106 million tonnes by 2030.
  • Traditional fishing methods struggling to meet demand sustainably.
  • Growing need for innovative aquaculture solutions.
  • Increasing pressure on marine ecosystems and wild fish populations.
FISH Project's Revolutionary Solution
  • Three-phase development strategy combining immediate production with sustainable growth.
  • Phase One targets 190,800 metric tonnes annual production (open sea capture).
  • Estimated annual gross revenue of $1.76 billion with an anticipated 23% profit margin, based on current market analysis (Note: These figures are projections and not guarantees.)
  • Transformation to modern aquaculture infrastructure in Phase Two.
  • Regional expansion and product diversification in Phase Three.
Key Project Highlights
  • First direct USDT pairing from the Chrysalis ecosystem.
  • Limited release of only 50,000 Phase One of Community Engagement Reward Tokens (CERTs) loyalty rewards harvesting software units.
  • Opportunities for early Phase One participants to benefit from Phase Two developments.
  • Continuous reward mechanisms through innovative tokenized reward economics.
  • Declining max supply reward token model supported by real-world project revenues generating royalty streams.
Transforming West African Fisheries
The Opportunity
As global demand for aquatic food products continues to surge, West Africa stands poised at the threshold of an extraordinary opportunity. At the heart of this potential lies Guinea-Bissau, a nation whose waters hold what marine biologists consider some of the richest fishing grounds on the planet. With nearly two million inhabitants and a GDP per capita of $740 USD, Guinea-Bissau may be one of the world's poorest countries, but it controls an invaluable maritime resource that could transform both regional food security and economic development.
The strategic significance of Guinea-Bissau's position extends far beyond its borders. The nation's control of a vast Exclusive Economic Zone (EEZ), stretching 200 nautical miles from its shores, combined with 12 nautical miles of territorial seas, creates an extensive maritime domain. Perhaps most crucially, its 88-island archipelago provides unique geographical advantages for both immediate fishing operations and future aquaculture development.
30-Year Agreement
The FISH Project has secured a transformative partnership that unlocks this vast potential. Through a landmark 30-year agreement with the Government of Guinea-Bissau, the project has obtained exclusive rights to commercialize up to 90% of the Total Allowable Catch (TAC) in these rich waters. This unprecedented access, combined with established relationships with local fishing fleets and existing infrastructure, positions the project for immediate revenue generation while building toward sustainable long-term growth.
The convergence of these factors
The FISH Project presents a compelling commercial opportunity by securing Guinea-Bissau's premier fishing grounds through an exclusive 30-year government agreement granting 90% of Total Allowable Catch (TAC) rights. With fish prices averaging $9,234 per metric ton and the capacity to harvest 190,800 tonnes annually, the project is projected to generate $1.76 billion in yearly revenue, yielding a robust 23% profit margin. Phase One establishes a 30-year valuation of $12.15 billion, with growth potential expanding to $39.5 billion through a comprehensive three-phase strategy. This investment leverages existing infrastructure and a thriving fisheries sector currently contributing $400 million annually, while advancing regional development and sustainable resource management in West Africa's vital fishing industry. By merging commercial success with environmental stewardship, the FISH Project sets a new benchmark for sustainable aquaculture in the region.
Current Industry Metrics:
  • Employment Base: Over 225,000 people actively engaged in fisheries sector.
  • Economic Contribution: 6% of national GDP.
  • Food Security Impact: Provides 35% of protein intake for Bissau Guineans.
  • Regional Value Generation: Approximately $400 million annually.
  • Untapped Potential: Additional $300 million possible through improved governance.
Financial Estimations:
  • Annual Gross Revenue: $1.76 billion.
  • Profit Margin: 23% ($405 million annually).
  • 30-Year Base Valuation: $12.15 billion (Phase One operations only).
  • Enhanced Value Potential:
  • Phase Two Integration: $26.3 billion.
  • Full Three-Phase Implementation: $39.5 billion.
Note: These commodity project figures are estimates based on current market conditions and are not guarantees of future performance.
Three-Phase Innovation Strategy
The FISH Project employs a strategic three-phase approach to revolutionize West African fisheries, combining immediate revenue generation with sustainable, long-term growth.
Phase One: Immediate Commercial Production
  • Objective: Activate existing resources to generate immediate revenue and lay the groundwork for future expansion.
  • Production Targets: Harvest 190,800 metric tonnes annually, including pelagic fish (65,700 tonnes), tuna (75,600 tonnes), and demersal fish (49,500 tonnes).
  • Strategic Partnerships: Utilize relationships with local fleets, charter operators, and onshore facilities to support operations.
  • Financial Projections: Estimated annual gross revenue of $1.76 billion with a 23% profit margin. (Note: Figures are projections and not guarantees.)
Phase Two: Blue Transformation
  • Objective: Transition from traditional fishing methods to modern aquaculture, creating Africa's largest and most advanced fishery infrastructure.
  • Key Initiatives:
  • Develop state-of-the-art fish farming facilities.
  • Implement advanced aquaculture technologies.
  • Introduce land-based farming operations.
  • Advantages:
  • Exceed TAC limitations through controlled farming.
  • Reduce pressure on wild fish stocks.
  • Create skilled employment opportunities.
  • Enhance sustainability through advanced monitoring systems.
Phase Three: Regional Expansion and Diversification
  • Objective: Extend the project's impact across West Africa and diversify product offerings.
  • Geographic Expansion: Replicate the successful model in neighboring countries.
  • Product Diversification: Introduce high-value species such as crustaceans, shellfish, and premium fish varieties.
  • Ecosystem Development: Evolve the FISH token into a utility token powering a comprehensive seafood marketplace.
Implementation Timeline
  • Phase One: Approximately 5 years (1,825 days), focusing on establishing production and revenue streams.
  • Phase Two: Development begins during Phase One, with infrastructure projects launching as funding permits.
  • Phase Three: Initiated after Phase Two success, with expansion pace tied to market conditions and regional readiness.
  • Phase Two and Three not last longer than 10 years (3,650 days).
Impact and Sustainability
The tokenized FISH rewards project's impact extends far beyond financial returns, delivering transformative benefits across three critical dimensions: economic development, environmental conservation, and community empowerment. This comprehensive approach ensures that project success translates into lasting positive change for West Africa.
Economic Development
The project serves as a catalyst for broad-based economic growth in Guinea-Bissau and, eventually, across West Africa. By integrating modern aquaculture with existing fishing practices, the tokenized FISH rewards project creates a diverse range of employment opportunities while stimulating development across multiple sectors.
Environmental Conservation and Sustainability
Commitment to Sustainable Practices
Environmental sustainability is at the core of the FISH Project's mission. By integrating modern aquaculture techniques and sustainable fishing practices, the project aims to preserve marine ecosystems while meeting global fish demand.
Sustainable Fishing Practices
  • Adherence to TAC Guidelines: Strict compliance with Total Allowable Catch regulations to prevent overfishing.
  • Selective Fishing Methods: Utilization of gear and techniques that reduce bycatch and minimize habitat disruption.
  • Protection of Breeding Grounds: Avoiding sensitive areas to ensure the regeneration of fish populations.
Modern Aquaculture Development
  • Reduced Pressure on Wild Stocks: Transitioning to aquaculture lessens the reliance on wild fisheries.
  • Controlled Feeding and Waste Management: Implementing systems that minimize environmental impact.
  • Water Quality Monitoring: Continuous assessment to prevent pollution and maintain ecosystem health.
Environmental Monitoring and Resilience
  • Environmental Monitoring Systems: Real-time data collection to track ecosystem health and respond to changes promptly.
  • Resilient Infrastructure: Designing facilities capable of withstanding environmental changes and natural disasters.
  • Sustainable Resource Management: Efficient use of resources to ensure long-term viability.
Risk Mitigation Strategies
  • Contingency Planning: Preparedness for natural disasters or environmental changes that could impact operations.
  • Regulatory Compliance: Adhering to environmental laws and regulations to maintain sustainable practices.
  • Community Engagement: Collaborating with local communities to promote conservation efforts.
Integration into Operational Protocols
  • Sustainable Practice Integration: Embedding environmental considerations into every aspect of operations.
  • Resource Management Systems: Implementing systems to optimize the use of natural resources and minimize waste.
  • Regular Assessments: Periodic evaluations to ensure environmental goals are met and to adjust strategies as needed.
Direct Employment Impact:
Commercial Fishing Operations
  • Fleet management and operation.
  • Processing and packaging.
  • Quality control and certification.
Aquaculture Facilities
  • Facility management.
  • Fish farming specialists.
  • Technical maintenance.
Supporting Industries
  • Cold chain logistics.
  • Transportation networks.
  • Equipment maintenance.
  • Supply chain management.
Current fisheries contribute 6% to Guinea-Bissau's GDP, but the tokenized FISH rewards project's comprehensive approach promises to significantly expand this impact. Through modernization and expansion of infrastructure, the project creates opportunities for local businesses while improving the efficiency of the entire fisheries sector.
Environmental Conservation
Environmental sustainability stands at the core of the tokenized FISH rewards project's long-term strategy. The gradual transition from traditional capture methods to controlled aquaculture environments helps preserve marine ecosystems while ensuring sustainable production for future generations.
Key Sustainability Initiatives
Sustainable Fishing Practices
  • Adherence to TAC guidelines.
  • Implementation of selective fishing methods.
  • Protection of breeding grounds.
Modern Aquaculture Development
  • Reduced pressure on wild fish stocks.
  • Controlled feeding and waste management.
  • Water quality monitoring and maintenance.
Marine Ecosystem Protection
  • Biodiversity preservation.
  • Habitat conservation.
  • Scientific monitoring programs.
The Blue Transformation phase particularly emphasizes environmental protection, introducing technologies and practices that minimize environmental impact while maximizing production efficiency. This approach aligns with global best practices in sustainable aquaculture while setting new standards for the region.
Community Empowerment
At the heart of the tokenized FISH rewards project's mission lies a commitment to community development and food security. The project's operations directly address critical challenges facing West African communities while creating pathways for sustainable development.
Food Security Enhancement:
Increased Protein Availability
  • Stable supply of fish products.
  • Affordable pricing structures.
  • Diverse product options.
Supply Chain Improvements
  • Modern storage facilities.
  • Efficient distribution networks.
  • Reduced post-harvest losses.
Market Access
  • Direct connections to markets.
  • Fair pricing mechanisms.
  • Quality assurance systems.
Community Development Programs:
Skills Development
  • Technical training programs.
  • Management skills development.
  • Aquaculture education.
Economic Empowerment
  • Support for local fishing communities.
  • Small business development programs.
  • Market access facilitation.
Social Infrastructure
  • Community engagement programs.
  • Healthcare and education support.
  • Local infrastructure development.
Through this multi-faceted approach to impact and sustainability, the tokenized FISH rewards project creates a model for responsible resource development that benefits all stakeholders. The project demonstrates how commercial success can align with environmental protection and social development, setting new standards for sustainable aquaculture development in West Africa.
The Chrysalis Ecosystem:
Revolutionizing Commodity Fish Production using Digital Innovation
The Chrysalis digital platform has been tokenizing reward projects since October 2021 and stands at the intersection of physical revenue producing projects and digital loyalty reward token innovation. This revolutionary platform focuses on democratizing value derived from loyalty rewards and raw commodity fish production through a unique architecture that connects tangible project revenues with innovative reward economics.
Platform Overview
The Chrysalis ecosystem consists of interconnected digital loyalty rewards projects, each matched with an associated revenue producing project and their initiatives:
Real World Revenue Integration
The platform's unique architecture creates value through:
  • Association of matched physical revenue producing projects with tokenized reward economics.
  • Royalty revenue streaming agreements with tokenized loyalty reward projects.
  • Declining max reward token supply while harnessing real-world revenue streams.
  • Strategic burn & build mechanisms supporting rewards token value.
Community Engagement Reward Tokens (CERTs)
Introduction to CERTs harvesting software units
Community Engagement Reward Tokens (CERTs) are unique digital assets that enable participants to engage directly with the tokenized FISH rewards project. Designed to generate ongoing loyalty rewards, CERTs align participant interests with the project's real-world aquaculture development efforts.
Key Features of CERTs
Continuous Reward Generation:
CERTs distribute FISH reward tokens per second.
Provides a real-time loyalty rewards harvesting experience.
Multi-Utility Design:
CERTs can be staked to enhance harvesting potential.
May offer additional benefits in future project phases.
Reward Economics:
The value of FISH reward tokens is supported by real-world revenue streams.
Strategic burn mechanisms help increase token value over time.
Participation Opportunities
Phase One - CERT Software Units
CERTs are available in five tiers, catering to different levels of participation:
* Price increases incrementally after every 100 CERTs sold within each category.
CERT Software Units start at an entry price as low as $25 USDT. Each category of CERT is designed to rise in value incrementally according to its starting price, its loyalty rewards harvesting rates and quantity of availability in Phase-One. The CERT harvesting software is designed to reward the first movers. The earlier you get in the more harvesting the stakeholder will realize. All CERT software stakeholders will do well, but early stakeholders will do the best. Don't delay - catch this first wave and benefit the most.
Rewards Harvesting Mechanisms
  • Harvesting Efficacy Rate:
  • Determines the rate at which FISH reward tokens are distributed to CERT holders.
  • Higher-tier CERTs have higher harvesting rates, leading to greater reward value potential.
  • Staking CERTs:
  • Participants must stake their CERTs on the Chrysalis platform to activate loyalty rewards generation.
  • Staking aligns participant incentives with project success.
  • Real-Time Rewards:
  • Rewards are calculated and distributed per second.
  • Participants can monitor their harvesting in real-time through the Chrysalis dApp.
Early Adoption Advantages
  • Preferred Pricing:
  • Early participants benefit from lower starting prices.
  • Incremental price increases incentivize early involvement.
  • Maximum Reward Period:
  • Acquiring CERTs early allows for a longer duration of reward generation harvesting.
  • Early staking maximizes the CERT units total potential harvesting over the project phases.
  • Phase Two Multipliers:
  • CERT holders receive enhanced benefits in Phase Two.
  • Multipliers increase the quantity of CERT units, amplifying harvesting potential in phase two.
Phase Two Evolution
All Phase-One CERTs will automatically evolve in Phase Two, offering multiplication effects that significantly enhance the harvesting positions of early Phase-One participants: Want to 2x up to 5x your harvesting?
Long-Term Value Proposition
  • Declining Max Supply Mechanics:
  • Strategic token burns reduce the max supply of publicly available FISH reward tokens.
  • Burns and building activities supports token value appreciation over time.
  • Real-World Revenue Support: ("RWR")
  • The project's success in aquaculture directly influences the value of FISH reward tokens.
  • Royalty revenue streams from fish production support the tokenized rewards economy.
  • Strategic Ecosystem Expansion:
  • Future project phases offer additional opportunities for CERT software holders.
  • Expansion into new markets and products enhances the overall project value proposition.
Next-Generation Blockchain
While currently operating on the Binance Smart Chain (BSC), Chrysalis is developing its own layer-one blockchain protocol, representing a significant evolution in platform capabilities.
The proprietary blockchain introduces revolutionary features:
  • Non-sequential architecture enabling multi-chain operations.
  • Elements and functions operating simultaneously or out of order.
  • Enhanced transmission processes.
  • Unmatched transactional efficiencies.
Enhanced Security Features
Advanced security infrastructure includes:
  • Quadruplet Proof of Stake consensus mechanism utilizing:
  • Time nanochain.
  • Witness nanochain.
  • Observer nanochain.
  • User nanochain.
  • Better data integrity without expanding ledger.
  • 100% agreement on transactions and shared histories.
  • Novel solution to double-spend prevention.
Mobile Node Integration
Revolutionary scaling through:
  • Smartphone node capability.
  • Lightweight nano and sub-ledgers.
  • Mobile device participation.
  • Enhanced decentralization potential.
Scaling Advantages
Unique performance characteristics:
  • Network speed increases with size.
  • Security enhances with growth.
  • Performance improves with activity.
  • 10,000% speed increase per 1,000 nodes.
  • Minimum four-node operational requirement.
Reward Economics and Distribution
Supply and Distribution

Total Maximum Supply: 15,000,000,000 Tokenized FISH loyalty reward tokens.
Primary Allocations:
WHALE-CERT Pool: 4,000,000,000 reward tokens
  • Purchases reserved for strategic partners.
  • CERTs with accelerated harvesting rewards distribution.
  • Strategic and exclusive staking opportunities after lock out periods.
FISH-CERT Pool: 10,980,000,000 FISH reward tokens
  • 50% allocated to CERT stakeholders.
  • 50% directed to project treasury.
  • Supports the reward mechanisms associated with CERTs.
  • For detailed information on CERTs, please refer to the "Community Engagement Reward Tokens (CERTs)" section.
Initial Liquidity Pool: 20,000,000
  • FISH-USDT trading pair support.
  • Market stability foundation.
  • Initial liquidity provision.
  • Inaugural Pairing Price $0.0025.
  • *Targeted paring price 1st milestone is $0.25
  • *365-day target price 2nd milestone is $1.25
*These are estimated reward pricing targets and not guaranteed. Millstones are monitored by the platform LP administrator.
Reward Mechanisms
Distribution Algorithm Structure:
  • Rewards distributed per second over 1,825-day Phase One period.
  • Requires CERT staking on Chrysalis platform.
  • Distribution proportional to CERT Harvesting Efficacy Rate.
  • Automated calculation and delivery system.
Declining Supply and Building Model
Transactional Fees:
3% Purchase Premium
  • Applied to all secondary market FISH token purchases.
  • Supports liquidity pool depth and rewards monetization capabilities.
  • Aggregates in liquidity rewards build wallet.
6% Transactional Sales Tax
  • Applies to all sales, swaps, transfers.
  • Feeds the rewards burn mechanism.
  • Permanently removes reward tokens from circulation.
Wallets and Fees
Strategic Wallet Structure:
FISH Tokenized Rewards Pool Distribution Wallet
[ADDRESS HERE]
  • Holds available project rewards.
  • Distributes according to smart contract.
  • Manages systematic rewards token allocation.
FISH Rewards Burn Wallet
[ADDRESS HERE]
  • Collects transactional fees.
  • Holds rewards tokens for burning.
  • Quarterly administered strategic supply reduction.
FISH Liquidity Rewards Build Wallet
[ADDRESS HERE]
  • Receives purchase premiums for secondary reward token purchases.
  • Maintains liquidity health.
  • Supports trading pair stability.
  • Quarterly stakeholder reporting.
FISH Treasury Rewards Wallet
[ADDRESS HERE]
  • Ecosystem growth support.
  • Future resource allocation.
  • Managed by Promax Digital Board.
  • Reserve for aquaculture expansion.
Transaction Framework
Fees and Premiums
Operational Fee Structure:
  • Minting Fee: $25 per CERT (included in purchase price).
  • Withdrawal Fee: $1 in BNB for amounts under $2,500.
  • Gas Fees: Payable in BNB on Binance Smart Chain.
  • Daily Withdrawal Limit: $2,500 per stakeholder.
Staking Benefits
Reward Generation System:
  • Continuous per-second distribution.
  • Harvesting based on CERT efficacy rates.
  • Real-time reward accumulation.
  • Automatic distribution mechanism.
Liquidity Management
Strategic Liquidity Support:
  • 3% purchase premium builds liquidity depth.
  • Quarterly burn assessments.
  • Market stability maintenance.
  • Strategic pool management by administrator.
Treasury Operations
Treasury Management Protocol:
  • 50% of rewards pool allocation.
  • Strategic ecosystem development.
  • Long-term value preservation.
  • Growth initiative funding.
  • No direct market sales of treasury CERTs or tokenized FISH rewards.
The tokenized FISH rewards and the digital project's rewards economics create a self-reinforcing cycle where physical commodity production and revenue generating operations will support loyalty rewards token value, while declining max supply mechanisms and strategic management ensure long-term sustainability and growth.
Risk Management
Secondary Market Considerations
Price Volatility Management
  • Market conditions may cause reward token value fluctuations.
  • Deflationary economics provides stabilizing influence.
  • Liquidity support mechanisms enhance stability.
  • Strategic burn protocols manage supply.
Demand Factors
  • Changes in global fish demand may affect revenues.
  • Diversification of rewards harvesting products reduces market dependency.
  • Multiple market access points minimize impact.
  • Strategic ecosystem positioning supports stability.
Operational Safeguards
Project Implementation
  • Infrastructure development timelines may experience delays.
  • Robust project management systems in place.
  • Contingency planning for key operations.
  • Clear milestone-based progression.
Jurisdictional Requirements
  • CERT availability varies by jurisdiction.
  • Clear communication of regulatory restrictions.
  • Adherence to international fishing rights.
  • Compliance with TAC quotas.
Resources and Contact Information
Platform Access
  • Decentralized Application (dApp): [Link to be provided upon launch]
The dApp serves as the primary interface for purchasing, minting, and staking CERTs, as well as monitoring reward distributions and project updates. The Chrysalis platform is a loyalty rewards management software network allowing CERT holders to better manage and benefit from complex loyalty rewards programs.
Smart Contract Details
  • Tokenized FISH Rewards Token Smart Contract Address: [To be announced]
  • BSC Scan Link: [To be announced]
Upon migration to the Chrysalis Layer One blockchain, updated smart contract details will be provided to the community.
Support Channels
  • Community Telegram Group: @ChrysalisOfficial
The Chrysalis team is committed to providing timely and effective support to all users and stakeholders.
Social Media and Community Engagement
Regular engagement with the community through these channels ensures that all stakeholders remain informed and can actively participate in shaping the future of the tokenized FISH reward project and the broader Chrysalis ecosystem.
Legal Disclaimer and Risk Disclosure
The FISH Project is a multi-phase initiative aimed at transforming West African fisheries through sustainable aquaculture and innovative digital ownership structures. While this technical paper outlines the project's vision, strategy, and potential benefits, it is important for all participants and stakeholders to understand the associated legal considerations and risks.
Regulatory Compliance
Promax Digital, the owner and administrator of the Chrysalis platform, is a licensed and regulated company based in Abu Dhabi, United Arab Emirates. The FISH Project operates within the legal framework established by the UAE and adheres to all applicable international laws and regulations, including:
  • Compliance with Federal Law No. 7 of 2014 On Combating Terrorist Offences
  • Implementation of Cabinet Resolution No. 20 of 2019 regarding financial sanctions
  • Fully licensed as a full electronic commerce and digital software marketplace.
  • Adherence to United Nations Security Council sanctions requirements.
  • Meeting standards set by the Financial Action Task Force (FATF).
Promax Digital is committed to meeting or exceeding all reporting and disclosure requirements and conducts thorough due diligence to ensure compliance with global regulatory agencies.
User Responsibilities
Participation in the tokenized FISH reward project through the acquisition of Community Engagement Token (CERT) software units involves certain responsibilities:
  • Self-Custody and Staking: Users must purchase, mint, and stake CERTs on the Chrysalis decentralized application (dApp) loyalty software management to receive loyalty reward distributions. Ensuring proper connection and custody of CERTs is the sole responsibility of the user.
  • Regulatory Compliance: Users are responsible for complying with all local laws and regulations regarding digital asset ownership and participation in such projects.
  • Independent Assessment: Users should conduct their own research and risk assessment before participating in the tokenized FISH reward project.
No Guarantee of Value
Ownership of CERT software unit(s) does not constitute direct ownership of physical commodities, revenue streams, or equity in any associated company. While CERT software units are designed to generate loyalty, rewards based on the project's performance, there is no guarantee of value. Loyalty rewards are subject to various factors, including market conditions, matched and associated indirect project success, and operational risks.
Project Parameters Subject to Change
The FISH Project is dynamic and may evolve over time. Some project parameters, including limited reward economics, timelines, and strategies, are subject to change at the discretion of the Chrysalis platform administrator. Users are encouraged to regularly review the most current version of the technical paper and stay informed about any updates or modifications.
Risk Factors
Participation in the FISH Project carries inherent risks, including but not limited to:
  • Secondary Market Volatility: The value of tokenized loyalty rewards and other digital assets can fluctuate significantly due to market conditions, demand, and other external factors.
  • Regulatory Changes: Changes in laws or regulations or the lack thereof governing loyalty rewards and digital assets could impact the project's operations and the value of CERT software unit.
  • Operational Risks: Delays or issues in commodity project implementation, infrastructure development, or technological integration may affect commodity project production outcomes.
  • Environmental and External Factors: Natural disasters, environmental changes, or other unforeseen events could impact fish production and supply chains.
  • Technological Risks: Challenges associated with blockchain integration, migration to the Layer One protocol, or other technological advancements may arise.
Limitation of Liability
Promax Digital and the Chrysalis platform make no guarantees or representations regarding the future performance of the tokenized FISH reward project or the value of its associated digital assets. By participating in the project, users acknowledge and accept all risks involved.
Not an Investment Offering
The Tokenized FISH reward project and associated CERT software are not securities and do not represent an investment contract. They do not provide equity, ownership rights, or entitlement to profits in Promax Digital, Chrysalis, or any affiliated entities, or the future expectation of commodity project profits. Participation is purely for the purpose of accessing the project's digital loyalty rewards therein.

Final Note: By participating in the tokenized FISH rewards project, users acknowledge that they have read, understood, and accepted the terms, conditions, and risks outlined in this lite paper. It is essential to stay informed and exercise due diligence when engaging with digital assets and blockchain-based projects. The purchase of a CERT software unit constitutes membership into the network's platform.
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