FORESTING - Next-Generation Social Media based on blockchain technology
Website: https://foresting.io/
FORESTING NETWORK
The FORESTING Network consists of the blockchain based
- social media ‘FORESTING’,
- digital banking services for FORESTING participants ‘FORESTING Bank’
- ‘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.
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.
- 'FORESTING': Blockchain based rewarding Social media
- 'FORESTING Bank': Financial services for FORESTING Network participants
- ‘FORESTING Lab’: Providing infrastructure and supporting content creators
- Providing credit rating information
- Financial services
- 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 o f ' 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 self-employed 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.
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.
Core Features
Similar projects have been appearing in the market since the first blockchain-based social media platform, Steemit’s successful debut. FORESTING uses the best services to implement the perfect blockchain for social networks.
- User-Friendly UX/UI
- Device Optimization
- Categories for Social Media
- Supports All Forms of Content
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. The platform also aims to provide a service that is intuitive to users, rather than a service that requires them to be aware of difficult concepts, like blockchain technology and cryptocurrency. For this purpose, will provide a service equipped with the best UX/UI. In addition, the platform supports voluntary activities such as registering, withdrawing, and deleting posts. For content providers, 'Protection of Deletion and Personalization' and hiding options are available for posts that users don’t want to be publicly viewable.
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.
FORESTING will be designed for the users to share text, images, and videos easily. People can comfortably write comments, send messages, and navigate chronological feeds. The content of FORESTING can spread rapidly across the public.
It is uploaded and shared live, and will be a unique source of social media like Facebook and Instagram, which have seen hundreds of millions of viral downloads over the years.
Major Categories for Social Media
Most of the social media related to the blockchain, including Steemit, is focused on specific categories such as ‘blockchain’, ‘ICO’, and ‘Cryptocurrency’.
Given the concentration of specific categories, and only having about 1 million users, Steemit is more like a community service, rather than a real social media platform like Facebook, YouTube, and Instagram, that all have more than a billion users.
In order to be a real social media platform, rather than a community platform, FORESTING is focused on major categories, ranging from lifestyle to beauty, entertainment, and so on.
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. The block is processed into a block after the encryption process, including the transaction details, transaction summary, and block information from the previous transaction. The encrypted block contains a full list of transactions and blocks until the last minute, making it look like a chain.
Strengths
The FORESTING Network also boasts the following strengths:
- Synchronizing Preferred Exchanges
- Masternode based P2P Transactions
- Coin Shooting(Donation for Content Creators)
- Open Market for Advertisement
FORESTING Bank Credit Assessment Method
In addition to promoting credit rating through social activities, FORESTING Bank will introduce a credit rating structure according to its contribution assessment model, which only evaluates FORESTING platform contributions from FORESTING users. Every FORESTING user contributes to the growth of the FORESTING platform in a variety of ways, ranging from creating and sharing, as well as writing comments and viewing. Since the FORESTING platform's blockchain technology offers the benefit of complete transparency through a highly integrated structure, all submissions and transactions appear on the blockchain through timestamps.
The FORESTING Bank collects the data shown on the FORESTING blockchain to measure the degree of connection, content creation, coin security, and the contribution to FORESTING’s growth. By doing so, the users who have opened accounts through FORESTING Bank can check their platform contributions at any time, and can raise funds required to create content. In fact, FORESTING will transform this into a credit rating assessment based on the creation of values for users rather than on a traditional credit rating assessment based on the financial histories provided by the traditional banks. Users can improve their credit ratings just by using social media, and can have an amazing experience with greater economic potential. Based on this, FORESTING Network will provide financial services that all users will be able to get access to, anytime, anywhere.
In particular, the financial services offered by existing banks are based on income, money transactions, and credit ratings. Users will be able to fully focus on creating content through FORESTING by becoming ‘Influencers’ which had been difficult before due to economic difficulties such as self-employment or low income. This will lead to better content creation, enhance the quality of the content across the FORESTING platform, and ultimately lead to a virtuous circling structure that extends the rapid expansion and impact of the FORESTING platform.
ICO
Website: https://foresting.io/
The PTON token will be issued as a total of 24,000,000,000 (24 billion) tokens with ERC-20, with 40 % of the total token set for sale. ICO participants may receive the swap through the listed exchange wallet or the FORESTING wallet after the launch of the FORESTING mainnet.
General Information
Token Distribution
ROADMAP
Links:
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
Twitter: https://twitter.com/foresting_io
Medium: https://medium.com/foresting
Youtube: https://www.youtube.com/channel/UCGgXs74rn_BuE90CH1qYBPA
Instagram: https://www.instagram.com/foresting.io/
Linkedin:https://www.linkedin.com/company/foresting/
Reddit: https://www.reddit.com/user/ForestingHQ/
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=4932181.0
Bitcointalk Bounty thread: https://bitcointalk.org/index.php?topic=4931943
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