Foresting: The Best Blockchain Base Social Media

elmichaels (1)(1)in #blockchain • 6 years ago (edited)

Foresting- The Future of Social Media

Introduction

For years now, popular social media sites such as Facebook, YouTube are the favourites of the technology scene. Their unbridled growth day by day moved markets and made them some of the wealthiest and the mist popular companies in the world. Virtually every form of media that exists today is centralized, and social media that emphasizes a free lifestyle is no exception.

Although they are not free from security issues such as hacking, censorship and personal information leakage. The recent major disruption on Facebook's privacy has shown a strong evidence of this. The evidence revealed that about 87 million personal information records were leaked from Facebook and used for certain candidates during the last United States Presidential Election. Since making profit is the goal of every company, there is no reason why Facebook's business model should be criticized. Nevertheless, users are complaining about the betrayal and also withdrawing their trust because Facebook's business philosophy does not match the way the company operates.

This evidently shows that Facebook has turned creative content made by its users of the horizontal network into turnover streams thereby creating a large centralized conglomerate. The most unfortunate thing is that most personal information can never be recovered after it has been leaked. This can lead to secondary damage and criminal acts such as spam mail, privacy breaches, identity theft, and voice phishing.
As the blockchain technology increases in popularity and use, new platforms are creating a secondary social media network that mimics many of the features of the most popular sites today. And one of such is FORESTING.

The Foresting Platform

Foresting is a new generation social media platform which aims to distribute fair value to the platform owners and rewards content creators for their time and creativity using the block chain technology.
Foresting is developing the Foresting Network which consists of 3 main services which are;

Social Media Foresting: It provides a fair value distribution system for users who are the true owners of the platform and delivers content through blockchain technologies and contribute to platforms in a variety of forms.
Foresting Bank: This will provide financial services to the platform users who will create content and it acts as a digital bank for the content creators and curators.
Foresting Lab: The Foresting lab supports communities and marketing activities besides the platform in order to activate the FORESTING Network, especially the content creators who are the owners of the FORESTING Network.

Foresting Services

Provides User-Friendly UX/UI
Full Device Optimization
Features Category for Social Media
Supports All Forms of Content

1. User friendly UI/UX
Foresting provides users with easy and convenient services and also providing real-time measurement and value transactions for their content. It also aims to provide intuitive services to users rather than services that require them to realize concept difficulties such as blockchain and cryptocurrency technologies. With respect to this, Foresting will provide the best service with UX / UI.

2. Full Device Optimization
The Foresting devices offer a new ecosystem that integrates people's lifestyles and income into one mobile application which makes easy for users to share and influence their content anytime and anywhere.
Foresting will be created and designed for users to easily share text, images and videos. Users can be able to write, send messages, and navigate chronological feeds comfortably.

3. Categories for Social Media
Most of the social media related to blockchain are focused on specific categories such as Crytocurrency, blockchain and ICO. In order to become an authentic social media platform rather than a community platform, Foresting is focused on the main categories such as entertainment, lifestyle etc.

4. Supports all forms of content
It provides the best security and privacy systems for users using the blockchain technology. And one of the components of the block chain technology is that it has no broker. The block is processed into blocks after the encryption process which includes the transaction summary, transaction details and blocking information from previous transactions. The encrypted block contains a complete list of transactions and blocking until the last minute which makes it look like a chain.

Token And ICO Information

Foresting platform will be making use of PTON tokens as it native token. The PTON token will be used for all transactions in the Foresting platform, it will also be used as a means for incentivising users on the App. Furthermore, it will serve as a truffle framework, that will be used to create series of smart contracts. The PTON will be used during the voting system, that is users will be anle to cast their votes before PTON Credits and PTON token can be awarded to any user for theor contribution.

Token Ticker: PTON
Token Standard: ERC-20
Token Platform: Ethereum
Available Tokens For Sale: 9,600,000,000 PTON
Total Token Supply: 24,000,000,000 PTON
Fundraising Goals: 90,000 ETH (Soft cap) – 170,000 ETH (Hard Cap)
ICO Sale Date: August 2018 till September 2018

Conclusion
The Foresting Network solves the asymmetry of the information that is prevalent in our society and pursues fair contracts, distributes them according to their ability and shares active contributions with one another.
So, when looking for a secure and safe social media platform, Foresting Platform is the one to turn to.

Roadmap