FORESTING, INTRODUCING THE BRAND NEW SOCIAL MEDIA SERVICE BASED ON BLOCKCHAIN TECHNOLOGY

cryptotrade217 (8)in #ico • 6 years ago (edited)

ABOUT FORESTING PLATFORM

This platform is here to introducing the brand new mobile social media service based on blockchain technology making the world more open and connected.

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 platform enable content creators from around the world to connect and have rewards. Our user friendly platform makes it faster and easer to create contents like never before meaning you can minimize your time and make more money from your contents. It is profitable to join the FOREST NETWORK and be part of a new blockchain social media ecosystem. This new concept of social media token will let you turn your contents into currency.

FORESTING Network will bring about a value shift of 'labour' in the existing society. It will be completed with the blockchain based rewarding social media and innovative financial services to fully support content creators.

SOME IMPORTANT FEATURES OF FORESTING PLATFORM

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. Some of this services are listed and explained below.

*. SUPPORTS ALL FORMS OF CONTENT

This platform 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.

*. 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, we 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.

*. MASTERNODE BASED P2P TRANSACTIONS

This platform opens at least 10 coins per user. After opening, you can update them. Each blockchain can have independent settings. Coin-specific blockchain node compiles and the installations are automated. An RPC module is provided to access each coin. It provides basic operations and master nodes for node operation. Some coins may be presented with
lightweight wallets. These master nodes, or wallets, can be connected to FORESTING by payment channels, state channels and so on.

*. OPEN MARKET FOR ADVERTISEMENT

In traditional social media, a company operating advertisements and campaigns accesses and
uses the users’ databases through certain marketing tools. However, in FORESTING, advertisers and advertising agencies can upload their advertisements and advertising proposals to the advertising pool category or communicate with content providers that meet their respective articles and concepts. Content creators will be rewarded through the interaction of other users with their content such as comments and ‘Like’. They can also select the advertisements they
want and post it on their content pages for rewards. That is, a content creator can make profit over a period of time. This creates a virtuous circle in which content creators try to create better content, while FORESTING users come across better content.

*. 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.

FORESTING NETWORK VALUE CHAIN

The FORESTING Network is set up with three departments.

blockchain rewarding Social media FORESTING PLATFORM
digital banking services for FORESTING participants are transformed into a direct payment from the FORESTING Bank
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.

ROLES AND STRUCTURES OF FORESTING PLATFORM

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.

PURPOSE OF FORESTING BANK ESTABLISHMENT

At the center of the FORESTING Network is the user. In addition to providing content, users also contribute to the platform's growth with a variety of types of content. In particular, users may no longer rely on advertising companies and centralized platforms to directly exchange their content for real value. And as the influence of the FORESTING platform continues to grow in society, ‘Influencers’ will start to appear just like they did on YouTube and other platforms. It will
emerge as another profession that children dream of.

Furthermore, they are not classified as common jobs by traditional banking systems, in which they cannot not receive a positive credit ratings. This is because they are subject to an independent credit rating regardless of their economic activities which can result in a negative credit rating score. This means that they cannot perform common financial
activities, such as getting loans. Talented creators face a lot of pressure to buy expensive equipment. In addition to spending time creating content they should also make these investments to keep up with their competitors. To solve these problems, FORESTING Bank will provide a digital banking service that is available to anyone who uses FORESTING. It provides personalized financial services for content creators that contribute to the growing platform
and community. By doing so, the content provider will be able to focus on creating his/her own content, and the distribution of good content will make the FORESTING network more influential.

ICO DETAILS

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.

TOKEN GENERAL INFORMATION