FORESTING - Introducing The Brand New Mobile Social Media Service Based on Blockchain Technology
PREAMBLE
The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is Foresting, the new generation of social media service that is built on blockchain technology to provide economic freedom for content providers.
It is general knowledge that Social networks such as Facebook and Twitter provide advertisers with information about the likes and dislikes of their users, and this leads to the question of what social media is all about.
"Social media marketing is the process of gaining website traffic or attention through social media sites. Social media marketing is the process of creating content that you have tailored to the context of each individual social media platform in order to drive user engagement and sharing."
But before we go any further, I'd love you to please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is FORESTING?
As said earlier, Foresting is the new generation of social media service that is built on blockchain technology to provide economic freedom for content providers. Foresting is designed for those who are interested in social media platforms. It supports all forms of content videos, text, images, live broadcasting, and creates a social network based on a content-oriented reward service.
Furthermore, Foresting is a social media blockchain based platform that deviates from traditional platform social media distribu-tion systems. This provides a fair value distribution system for true users of the platform owner.They send content thr-ough blockchain technology and contribute to platforms in various forms. The forum will provide an intuitive blockchain based social media platform with high-end UX / UI and technology to support a variety of content, including images and videos. The use of the Foresting platform is very easy and supports high capacity content.
The Forestry Network will be accessible to anyone without needing prior knowledge about currency or crypto bans.The new concept involves creating a network platform that will allow users to realize the value of creating content. The Greening Network is designed to provide compensation for content creation and income distribution systems for suppliers. All types of content are entitled to remuneration, consumption and support in the content system.
"Note that Foresting intends to resolve unfair value distribution for content creators. The platform will provide a fair value distribution system on blockchain through social media token application. The Foresting Network was created to realize the value of a new life in our society: “Work four hours a day, share everyday life, and manage your life.” The Foresting Network will bring about a value shift of ‘labor’ in the existing society. It will be completed with the blockchain based rewarding social media and innovative financial services to fully support content creators."
The General Problem With Social Media Networks That Leads To The Need for Foresting
The traditional social media platform has excessive reliance on the revenue obtained from advertisement hence this results in:
Leakage and theft of personal information
Foresting will not pursue a profit-focused platform, rather it will create a content-centred platform that generates the revenue of direct contents.
Abuse of advertisements
The idea of foresting encourages the creation of better contents, it is also focused on the voting of users rather than the real traffic-oriented content valuation.
Foresting will be able to create a better content culture through the means of evaluation.
There is great unfairness in the distribution of value: Users usually do not obtain reward for the contents produced.
The Solution
Foresting Network has come up with a solution to provide a better place for the content creators. The project is using blockchain technology to develop a rewarding social media platform. The Foresting Network ecosystem consist of three main components:
Blockchain Based Rewarding Social Media Foresting
It will give rewards to the content creators for creating contenting and sharing it on the platform. The content creators can submit content in any form like text, images, videos, audio, or live broadcasting. The social media Foresting will encourage content creators to create content faster than traditional platforms.
Foresting Bank
Foresting bank will provide financial services to the content creators. The contributions of the users on the platform will be assessed by the Foresting bank. The quality of their content and their contribution on the platform will decide their which financial services will be accessible to them.
Foresting Lab
Foresting Lab will develop an offline infrastructure to support the platform community and the content creators. The content creators can get a physical space with equipment needed such as cameras, microphones, lights, speakers, etc so that they can come up with better and quality content.
Forestry will introduce a new ecosystem consisting of representatives from FOREST (community members) working on the concept of networking, connectivity and interaction. The ecosystem also includes the following functions:
NETWORK FORESTING
The FORESTING network was originally created to find the value of new life in our society "Work four hours a day, share and manage your life"
RESTING FO SOCIAL MEDIA - Connect the world
LONG FORESTING - Innovates your dreams
BANK FORESTING - Creating a unique credit rating system
The Core Features and Benefits of The Foresting Platform
Real-time Trading function through the Embedded Exchange
Provides real-time trading functions by embedding key exchanges around the world
P2P transactions based on Master Node
Minimum 10 coin openings per user (RPC module is provided for each coin access)
Sponsor Content Content Maker Features
Popular content is valued in real currency rather than ordinary
Open Market Advertising
Remove target / retarget ads that are centered around advertisers and platform operators
The Mobile Application
Mobile applications-this means that end users interact with their uPort. That basically means management of private keys of users.
The main idea of the primary user keys is to place them in a secure isolated space and access them through local biometric authentication whenever the key is used for signing. The user's private key remains on the device, and it can not be exported outside the device.
User experience is the main consideration of the design of this model of interaction with the mobile application. There are two main steps for interacting with Foresting blocking through Dapp.
TOKEN SALE AND ICO DETAILS
FORESTING Network will be 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. PTON Token serves as a value determinant to reward participants who donate their content to the Forest. PTON markers will be available according to the level of contribution of the participants. It is expected that some of that will also be used so that users can use the Fores-ting application.
TOKEN DETAILS
Token: PTON
Platform: Ethereum
Type: ERC20
PreICO price : 1 ETH = 50,000 PTONs
Price in ICO : 1 ETH = 33,333 PTONs
BONUS
50% PTONs during the Presale.
Tokens for sale : 9,600,000,000
Investment Information
Min. investment: 1 ETH
Accepting: ETH
Distributed in ICO: 40%
Soft cap: 90,000 EH
Hard cap : 170,000 ETH
Token supply- 24,000,000,000 tokens
TOKEN DISTRIBUTION
Advantages of the Foresting project - WHY YOU SHOULD CHOOSE FORESTING
Convenient and intuitive interface;
Content monetization and fair distribution of earned funds;
Marketing support for all participants in the platform;
Access on all computer systems and gadgets.
The platform accepts and supports content of any format.
Features are taken into account the interests of all categories of users.
Protection, control and confidentiality of your information and data.
Availability of mobile application.
ROADMAP
Q1 2018
Foundation for Foresting. Whitepaper v.0.5.
Q2 2018
Whitepaper v.0.8. Yellowpaper v.0.5 Private Pre-sale. Planning the Structure of the Block. FORESTING TECH SUMMIT 2018.
Q3 2018
Whitepaper v.1.0. FORESTING HACKATHON 2018. FORESTING TALK CONCERT 2018. Public pre-sale. ICO. Alpha Test Platform.
Q4 2018
Local / Int. Listing. Beta Test Platform.
2019
Open web version for testing. Develop mobile applications (iOS and Android).
A grand launch of the platform.
Meet The Amazing Team
Advisors
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://foresting.io/
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?Ver0.2
Twitter: https://twitter.com/foresting_io
Telegram: https://t.me/foresting_global
Facebook: https://www.facebook.com/forestingHQ/
Instagram: https://www.instagram.com/foresting.io/
LinkedIn: https://www.linkedin.com/company/foresting/
Medium: https://medium.com/foresting
YouTube: https://www.youtube.com/channel/UCGgXs74rn_BuE90CH1qYBPA
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.