Overview of the Foresting project, which enables content creators to connect and earn rewards

aleksvip30 (40)in #blockchain • 6 years ago (edited)

The presence in social networks is an attribute of almost every modern person. Over the past decade, social networks have experienced birth and a real boom. Today more than three billion people on the planet use this phenomenon every day. But, at the same time, the problem of information noise is growing. Content becomes so much that it is often impossible to understand it. This creates problems related to the objectivity of information. Today our ICO review is dedicated to the Foresting project, whose goal is to transform the information noise of social networks into orderly content that has a source. This changes the paradigm of social networks and is made possible by blockchain technology.

From the very beginning of the emergence of social networks created content was diverse and unique. Each user could easily express their individuality and draw attention to their talents. But today, the first place is not the value of content, but marketing. The consumer gets information that has a marketing budget. Really true and up-to-date information does not reach the consumer. And this global social problem. Because this situation is beneficial only to those who have money. Social networks are increasingly turning into a political tool. The Internet is becoming more dependent. In addition, social networks are very prone to data leakage. Therefore, users try to open as little information about themselves as possible. This causes a negative effect when some users are open and act on their own behalf, while others hide behind fake accounts. This causes misunderstanding between users and conflicts.

The Foresting project will solve these problems. This is a social network that tequonizes content and user activities using blockchain technology. With this system, users will be able to create content with the support of the platform. The content will only belong to them and generate revenue.

The advantages of the project:

Created in Foresting content automatically becomes copyright, which allows you to receive royalties when others use it. This allows you to exclude the advertising model of earnings. This is a nice feature, as advertising in the Foresting network will simply be absent. This will lead to the fact that the content will not be promoted at the expense of the advertising budget, but because of its true value. The project will combine 3 elements, the joint application of which will create a trusting atmosphere in the social network and motivate users to create and share creativity. Thanks to this, the Foresting project team intends to bring user communications to a qualitatively new level.

3 elements of the project:

Social content reward system. The remuneration unit is PTON tokens. This is a system of motivation, because creators are interested in having their work rewarded. This will allow time to create content and less worry about closing down basic life needs.
Content lab responsible for the authorship of content and its quality. The system also has credit facilities that will allow crediting of content authors in order to improve its quality.
Banking system. With its help, all members of the ecosystem can interact financially. Content creators, consumers and developers of applications and functions.

ICO terms and conditions:

Name of the token: PTON
Total number of tokens released: 24 000 000 000 PTON
Total number of tokens allocated for sale: 960 000 000 PTON
Start ICO: September 17, 2018
End of IСO: September 21, 2018(finished, ICO was finished earlier than scheduled. A total of 960 million Pton were allocated for ICO and sold out)
Price of the token: 1 ETH = 13 000 PTON

Team:

Conclusion:

I think that the Foresting project is promising, as for creators of content there will be ample opportunities to show their creative talent and make money on it. This means that the platform will be in demand. The project team is experienced and includes a large number of people from various fields of activity. ICO was finished earlier than scheduled. All the tokens were sold.

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