Foresting: A Blockchain Based Social Media Platform

kingdavid-7 (8)in #ethereum • 6 years ago

FORESTING Describes key technologies and systems for building a Frontend / Backend that constitutes a major component of social media services. It will be optimized for the web and mobile, maximize user UX and provide optimized interoperability with the core blockchain technology of FORESTING. The FORESTING network recognized the challenge of building a decentralized and distributed community. FORESTING Network proposes a new method, QRNG, to add fundamental safety to the creation of a cryptocurrency address and to the transactions of Bitcoins or tokens. Since Bitcoin created the signature algorithm by using digital signatures, it has been widely known and applied to all altcoins in transferring cryptocurrency. FORESTING is primarily aimed at community-based development and projects. Decentralized voting and messaging are implemented to achieve that goal. This allows the same experience as DAO in managing community projects while being simple from a technical standpoint.

What is Foresting?
FORESTING 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.

Mission of Foresting
The FORESTING Network was created to realize the value of a new life in our society: "Work four hours a day, share everyday life, and manage your life." The FORESTING Network will bring about a value shift of 'labor' in the existing society. It will be completed with the blockchain based rewarding social media and innovative financial services to fully support content creators.

Vision of Foresting
While targeting global services, FORESTING also wants to make it easier for its users to monetize to their content. For this purpose, we will display the current coin market in real time in the app. In conjunction with main exchange offices around the world, we will make it easy to exchange coins from anywhere.

Benefits of Foresting
FORESTING allows users to pay network transaction fees with custom tokens. Along with such transactions, orders to exchange assets with a primary network token are sent to a different decentralized exchange. The transaction can be added to the next block only after the order has been processed. FORESTING will combine new perspectives of technology solve security and personal information problem which depend on loadmap. FORESTING is a totally new technology implementation that, for the first time in a blockchain ecosystem, will provide fundamental security and information protection technologies using the principles of physical phenomena.

Roles and Structures of Foresting
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.

Parameters of the ICO
• Private Presale: April 2018 till May 2018
• Public Presale: July 2018 till August 2018, Price- 1 ETH= TBD
• ICO: August 2018 till September 2018, Price- 1 ETH= TBD
• Token name- PTON
• Blockchain- Ethereum
• Model- ERC-20
• Token supply- 24,000,000,000 tokens
• Available for sale- 9,600,000,000 PTON (40%)

Token Distribution
• Token sale- 40%
• Team and founders- 25%
• Advisors and marketing- 10%
• Partners- 10%
• Reward- 10%
• Reserve- 5%

Conclusion:
FORESTING as a blockchain based social media platform intend to build a social network community that can enhance the efficacy of social network interaction that could also serve as a medium for finance formation on blockchain technology. Foresting will promote the standard of human living due to its global services target. It will also make easier for its users to monetize to their content. Consequently, all investors are encouraged to participate in this exceptional project because there is every propensity that this project will hit the top without retrogression. Take a BOLD Step and avoid procrastination!