Foresting - Next generation of social media based on blockchain

in cryptocurrency •  6 years ago 

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Introduction

‘FORESTING’ or ‘FORESTING Platform’ is a blockchain based social media platform that deviates from the distribution system of traditional social media platforms. It provides a fair value distribution system for users who are the true owners of the platform. They deliver content through blockchain technologies and contribute to platforms in a variety of forms.

FORESTING SERVICE

Foresting provides an intuitive blockchain-based social media platform with top class UX/UI and the technology to support a wide range of content, including images and videos.
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CORE FEATURES

Check out some of the key features and benefits of the FORESTING app which is available to all of our users.

  • Real-time Trade Function through Embedded Exchange
    Provide real-time trading function by embedding major exchanges around the world
  • Master Node-based P2P Transaction
    Minimum of 10 coin openings per user (RPC module provided for each coin access)
  • Content Creator Sponsor Feature
    Popular content is rewarded with real currency rather than plain likes
  • Open Market Advertising
    Shedding the target/retarget ads that are centered around the advertisers and platform operator

FORESTING NETWORK

The FORESTING Network was initially created to find the value of a new life in our society “Work four hours a day, share and manage your life”
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TOKEN DISTRIBUTION

FORESTING Network is based on PTON Token; an ethereum coin that is built on ERC-20. The majority of the token’s 24-Bn PTON issue will be for sale, while the rest will be distributed throughout the ecosystem.
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ROADMAP

FORESTING has established in the early 2018 with the vision of giving back to users and we will have the grand launch soon in the upcoming days.
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FORESTING Bank

  • “Creating a unique credit rating system”

The purpose of FORESTING Bank is to support financial services that are required by users so that they can fully focus on creating the content at the center of the FORESTING Network. Users can contribute to the FORESTING platform through a variety of activities, including creating and providing content, writing comments, liking, and sharing. The contribution of users is evaluated using a new contribution assessment model presented by FORESTING Bank. Users will be provided with a variety of financial services depending on the contribution level on the platform which is based on the level of their connections, the quality of their content, coin acquisition, and transactions. Users can improve their credit ratings just by working on social networking sites, and have an amazing experience with broader economic potential. Users could not fully focus on content creation before. Some were categorized as selfemployed or had to suffer economic difficulties such as low income. Financial services from existing banks are based on income, money transactions and credit ratings. Therefore this platform will lead to better content creation, enhance the quality of the content across the FORESTING platform, and ultimately lead to a virtuous circle structure that extends the rapid expansion and impact of the FORESTING platform.

FORESTING Lab

  • “Innovating your dreams”

The purpose of FORESTING Lab is to provide infrastructures for communities who participate in the FORESTING Network and support content creators who want to make content and post on the FORESTING platform.

The FORESTING Lab runs an offline collaborative space for FORESTING users. FORESTING’s collaborative space is accessible to any participant in the FORESTING Network and is used fully to expand the FORESTING Network and develop the community. This space provides a place for the users at the core of the FORESTING Network to create higher quality content, along with the equipment needed such as cameras, microphones, lights, speakers, and instruments. Users no longer have to give up being a content creator because they cannot afford the space or equipment to create the content. By doing this, FORESTING will be able to offer high-qualitycontent and build a stronger post-staging ecosystem.

PTON Usage

PTON is a coin used in FORESTING. PTON’s market value determines the value of the reward pool for the participants that contribute to FORESTING. Unlike traditional mining methods, PTON is created by the contribution of participants to FORESTING. PTON guarantees that people who contribute to FORESTING benefit from the app.

PTON ECONOMY

There are many examples of the idea of decentralized digital money before the fame of Bitcoin, but Digicash (1992), Cybercach (1994), e-Gold (1996) are a few examples. But Bitcoin is the first subject to have no power, and at the same time create a system that all participants can trust.

Bitcoin is different from the previous technology because the system has incorporated, not only computer engineering and cryptographic factors, but also economic factors that drive participants' behavior. Until then, whatever technology was applied to the system, eventually someone had to maintain rules and order within the network with responsibility and authority. However, Bitcoin has created an 'incentive structure' to replace these rules and orders with protocols and at the same time to follow protocol rules. Bitcoin networks must be wellstructured to allow participants to benefit. A large number of people around the world are devising new services that use blockchain, such as Bitcoins, which have to be equipped with internal services and an economic system tailored to their needs. In the PTON Economy, you can easily design an economic system that runs on top of any DApp you create.

TEAM

The founding members with creative and innovative minds that will change the world along with the team who are dedicated to support and provide a world changing service for their users.
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More Information :

Website : https://foresting.io/
Whitepaper : https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
Facebook : https://www.facebook.com/forestingHQ/
Telegram : https://t.me/foresting_global
Youtube : https://www.youtube.com/channel/UCGgXs74rn_BuE90CH1qYBPA
Instagram : https://www.instagram.com/foresting.io/

Created by:

Username bitcointalk : soblespwk
Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1807206;sa=summary
Ethereum Wallet Address : 0xF52FFe2a1e43bF80e11A054eE1f9f62143e4fb00

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