Friday, August 31, 2018

Foresting Brand new social media based on blockchain technology


What is FORESTING?
FORESTING is a new generation social media platform that rewards content creators for their time and creativity by using blockchain technology.

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FORESTING NETWORK
The FORESTING Network consists of the blockchain based 1) social media
‘FORESTING’, 2) digital banking services for FORESTING participants ‘FORESTING
Bank’ and 3) ‘FORESTING Lab’ to support the FORESTING community and content
creators. Each of the three departments is separated into their respective
functions and roles to fulfill the core values of the FORESTING Network.

‘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 Bank' is a digital bank for content creators and curators alike. At the
core of the FORESTING Network is the platform users who will be provided and
supported by these financial services to create content.

‘FORESTING Lab’ supports communities and marketing activities besides the
platform to activate the FORESTING Network, especially the content creators
who are the owners of the FORESTING Network.

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 FORESTING Network Value Chain
The FORESTING Network is set up with three departments. 1) blockchain rewarding Social media
'FORESTING’, 2) digital banking services for FORESTING participants are transformed into a direct
payment from the ‘FORESTING Bank’ and 3) the ‘FORESTING Lab’, providing infrastructures and
supporting content creators. While each department’s respective functions and roles are
separated, the core values of the FORESTING Network remain the same. They were designed in a
structure in which they interact systematically and create synergies. 

1) 'FORESTING': Blockchain based rewarding Social media
2) 'FORESTING Bank': Financial services for FORESTING
Network participants
3) ‘FORESTING Lab’: Providing infrastructure and supporting
content creators
4) Providing credit rating information
5) Financial services
6) Using infrastructure and creating better contents

At the heart of FORESTING Network’s three departments are the FORESTING users. 
The level of content delivery and platform involvement by the FORESTING user defines the scalability and impact of the FORESTING Network. 
The starting point for the FORESTING Network mechanism comes from the content providers and participants. It is also associated with the core value of the FORESTING Network, a fair world created by participants.

Blockchain Based Rewarding Social media 'FORESTING’
“Connecting the world and making lives more valuable”
FORESTING is the platform's revenue chain that allows users to quantify the content provider's contribution to offer rewards using a distributed consensus method.

FORESTING, which will open a new world, is a combination of 'Forest' and 'Networking', 'Connecting', and 'Interacting'. FORESTING is the primary social media, a blockchain with economic freedom for content providers. The platform will be able to increase the efficiency and impact of content providers by enabling
them to generate new, faster content than traditional social networks. The platform will create a new ecosystem for social media through blockchain technology and a new concept of social media token operation.

FORESTING is designed to build a network by distributing income though reasonable content generation and on the assessment of the users’ content. It supports all
types of content, whether it is text, images, videos, audio, or live broadcasting, and provides a social network based on a content-oriented rewarding service.

 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-quality content and build a stronger post-staging ecosystem.

Roles and Structures of FORESTING
FORESTING is available to anyone without prior knowledge of blockchain and cryptocurrency.
Anyone in the world can easily profit from FORESTING, and just being active within the platform is rewarded with PTON.
FORESTING, a new concept of social media, distributes the revenue generated by the content to all users who contribute to it. In FORESTING, content creators no longer have to rely on the funds from followers and advertisers. Instead, users can benefit economically just by getting ‘Likes' through the use of blockchain technologies and cryptocurrency. Blockchain technologies enable users to support content creators without losing anything, and users can also tap on
incentives to post comments to other content creators or to 'Like' them.

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CORE FEATURES
Check out some of the key features and benefits of the FORESTING app which will be 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

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What is PTON?
PTON is the cryptocurrency that will be used as a reward on the FORESTING platform.

How many PTON Token will be sold?
The total amount of PTON is 24 BN tokens and 40% of this will be sold, which is 9.6 BN tokens.

TOKEN DISTRIBUTION
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.

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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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