FORESTING: NEW PLATFORM - Blockchain Based Social Media Service

in #blockchain5 years ago

Hello my readers,

Today from this article I am planing to give you information about a new project Foresting , which is gaining very good popularity in the industry due to it's reliable concept and unique features. Let's get in to the point.

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Problems:

The social media platforms such as Facebook, Instagram, Pinterest, SnapChat, Twitter, and LinkedIn are centralized in nature. People share content, ideas, thoughts on these platforms without having the idea about the rewards behind this. The user data are taken from these platforms and sold to companies for advertisements and earning revenues. This leads to identity theft, privacy breaches, spam mails etc. Users’ privacy and security is lost today on social media platforms.

The content creators do not get their deserved share of profits from such platforms. The shareholders and the platform operators take up most of the profits generated thus leaving content creators in an unfair system.

Solution:

Foresting Network has come up with a solution to provide a better place for the content creators. The project is using blockchain technology to develop a rewarding social media platform.

The Foresting Network ecosystem consist of three main components:

• Blockchain Based Rewarding Social Media Foresting:

It will give rewards to the content creators for creating contenting and sharing it on the platform. The content creators can submit content in any form like text, images, videos, audio, or live broadcasting. The social media Foresting will encourage content creators to create content faster than traditional platforms.

• Foresting Bank:

Foresting bank will provide financial services to the content creators. The contributions of the users on the platform will be assessed by the Foresting bank. The quality of their content and their contribution on the platform will decide their which financial services will be accessible to them.

• Foresting Lab:

Foresting Lab will develop an offline infrastructure to support the platform community and the content creators. The content creators can get a physical space with equipment needed such as cameras, microphones, lights, speakers, etc so that they can come up with better and quality content.

CORE FEATURES

  1. Real-time Trade Function through Embedded Exchange
    • Provide real-time trading function by embedding major exchanges around the world

  2. Master Node-based P2P Transaction
    • Minimum of 10 coin openings per user (RPC module provided for each coin access)

  3. Content Creator Sponsor Feature
    • Popular content is rewarded with real currency rather than plain likes

  4. Open Market Advertising
    • Shedding the target/retarget ads that are centered around the advertisers and platform operator

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
  • Pre ICO 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

So, there’s no need to think twice for those who are interested to invest this project, as it has already established its promising future.

So join as-soon-as-possible.

So I welcome you all, to visit the following links to get more information about the project and I have 100% confidence that this will be a very good project to make your investment to gain a considerable amount of gain for the investment

Keep in Touch guys and Girls.

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Thank you
Channa Jayawickrama

Don't forget to follow these social media profiles to get the latest news about the project.

Author Details:

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