FORESTING: Social Media Based On Blockchain Technology

chacha100 (42)in #crypto • 6 years ago (edited)

FORESTING ICO is an example of how blockchain technology could become an alternative for enabling efficient value distribution for content creators on the social media platforms. It plans to unleash a capability for economic activity at just the click of a ‘Like' button.

The ecosystem is used to help users receive compensation for their social media posts.
One of the largest issues with social media is the transparency of data. Users are unable to receive compensation for their content. While some users can gain revenue, only the top 5% of content pages are recognized.

With Foresting, users can use PTON coin to get paid for their content. Foresting’s system based solely on content creation and focuses on a user voting system. This is better than traffic content valuation and allows them to share information in a decentralized manner.

Foresting is designed for those who are interested in social media platforms. It supports all forms of content videos, text, images, live broadcasting, and creates a social network based on a content-oriented reward service.

THE FORESTING NETWORK

FORESTING Network will be available to any individual without the need for prior knowledge of cryptocurrency or blockchain. The new concept look to create a network platform that will enable users to realize the value of content creation. FORESTING Network is designed to allow for the rewarding of content generation, and a distribution system of income for the providers. All content types are eligible for rewarding, consumption and support on the content-oriented system

BENEFIT OF FORESTING NETWORK

The Foresting Bank will provide financial support to content creators based on a unique credit-rating system. The credit will be evaluated based on the type of content, number of content pieces, visits to your profile, comments on your content pieces(beats), and more. It’s like you will be able to loan money from the Foresting Bank on the basis of your reward generation capability and community strength.

Unlimited access to Foresting Lab — an offline creative space (co-working) for Foresting’s content creators where they can meet, collaborate on projects, and create even-better quality content on the platform.

Spend 4 hours a day creating content, publish on Foresting and sleep while you earn. Work remotely, work from the beach.

Foresting allows content creators to select the kind of ads they want to show on their content, based on their niches. Hooray, no ad-spam on Foresting!

Foresting will have an Optimized UI/UX DApp which will support all types of content including videos. (You cannot post videos on Steemit)