FORESTING, ICO REVIEW
Foresting is a new blockchain-based social media platform which seeks to turn the existing paradigm on its head. On the Foresting platform, users are actually paid for the content they post, rather than simply being data generators for big media corporations. 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.
With Foresting, users can use PTON coin to get paid for their content. Foresting’s system is more focused on content creation and focuses on a user voting system. This is better than traffic content valuation and allows them to share information in a decentralized manner.
Foresting Network will be available to any individual without the need for prior knowledge of cryptocurrency or blockchain. The new concept look to create a network platform that will enable users to realize the value of content creation. Foresting Network is designed to allow for the rewarding of content generation, and a distribution system of income for the providers. All content types are eligible for rewarding, consumption and support on the content-oriented system.
FORESTING NETWORK
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 network is designed in a way to reward contents creation and a distribution system for contents providers.
FORESTING NETWORK FEATURES
FORESTING NETWORK- 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. It 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.
FORESTING BANK- 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. Platform users' can contribute to contents creations by engaging in creating contents, liking contents, sharing contents and commenting on contents. Each user contribution will be evaluated using a new contribution assessment model presented by FORESTING Bank.
FORESTING LAB- 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.
BENEFITS OF FORESTING PLATFORM
Many blockchain social media projects are springing up daily since the creation of Steemit but FORESTING uses the best services to implement the perfect blockchain for social networks which makes it be more outstanding than them all. Below are some of the features that makes it unique and more beneficial to its users.
User-Friendly UX/UI- As a blockchain based social media service, FORESTING’s goal is to provide users with an easy and convenient service, like on traditional social media platforms, while also providing real-time measurements and transactions of their content values.
Device Optimization- FORESTING is offering a new ecosystem that integrates people's lifestyles and income into a single mobile app. This makes it easy for FORESTING users to share and influence their content anytime, anywhere.
Supports all forms of content- FORESTING provides users with the best security and privacy system possible, using blockchain technologies. One of the key components of blockchain technology is that it does not have a broker.
Security and Privacy- The platform is highly secured and offer maximum privacy to its users.
Token Information
Token Ticker: PTON
Platform: Ethereum
Type: ERC20
Total Token Supply: 24,000,000,000 PTON
Tokens for sale: 9,600,000,000 PTON (40%)
Acceptable currencies: ETH
PreICO price: 1 ETH = 50,000 PTONs
Price in ICO: 1 ETH = 33,333 PTONs
Min. investment: 1 ETH
Soft Cap: 90,000 EH
Hard Cap: 170,000 ETH
Roadmap
This is very fist number of growing project & this project has got a very number of ratings from various top ICO monitoring sites. ICOBench has given them a staggering 4.3 ratings . They are getting the big institutions attention and they are hopeful about convincing big corporations and investors to back them.
The idea and technology behind the Foresting is outstanding. Foresting team project managers and engineers are highly reputed as we notice they are dealing a huge set of launches where they are integrated into a secure communication system. The team is with a solid background who are experts on this special matter. They look like they know what they are trying to do on the blockchain. After studying all the major concepts from their whitepaper I have a high of seeing Foresting succeed as it truly has the potential to rock the market and also investing into this project won't be much challenging for major investors.
For more information you can visit Foresting's official site and read their whitepaper. The links can be found below.
WEBSITE
WHITEPAPER
FACEBOOK
TWITTER
TELEGRAM
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