INTRODUCING THE SYSTEM.
The American government enforced a low interest rate policy as part of the economic stimulus package, this occurred as a result of the national crises that occurred at the beginning of the 21st century.
The main purpose of this initiative was to establish corporate investments and private consumptions.
However, in 2004, the termination of low interest rate policies occurred and made it impossible for financial institutions to be able to collect loan.
The idea behind foresting network, is actually based on the creation of bitcoin and on a philosophy shared by Satoshi Nakmoto and John Rawls about a more fair society.
ANALYSING THE VALUE CHAIN OF FORESTING NETWORK.
The foresting network is made up of blockchain based: social media foresting, digital banking services for foresting participants which is the foresting bank and as well the foresting laboratory which will support the foresting community and the creators of content.
Foresting platform is a social media platform that is based on the blockchain, it’s method of distribution is different from the traditional and social media platforms.
Content are usually delivered on foresting platform through blockchain technologies and contributions are also made to platforms in various forms.
Foresting bank is an operational digital bank for the creation of contents and curators as well. At the peak of the foresting network, the platform has users who will be provided and also supported by financial services for the creation of content.
Foresting laboratory supports communities and marketing activities close to the platform this will activate the foresting network.
A QUICK BACKGROUND REVIEW ON THE SOCIAL MEDIA PLATFORM.
Social media has been able to change a lot of things about the operation of things around the globe, beginning with the invention of facebook which connects users all around the globe.
Social media has been able to change the culture of election.
Social media serves as a channel for horizontal social changes.
Social media has served as a basic and major key that has changed the world, twitter now provides news faster than any other existing social media platform.
THE CENTRALIZED SOCIAL MEDIA.
The content generated by users within the social media platform, created lots of money which includes billions of dollars and it was distributed among the available platform operators and shareholders.
The companies running this platforms, have a certain goal to bring more users to the platform. The most valuable assets on the platform is the traffic and the contents generated through the interaction of users in platform- based services.
ISSUES WITH TRADITIONAL SOCIAL MEDIA PLATFORMS, FORESTING WILL MAKE A DIFFERENCE.
The traditional social media platform has excessive reliance on the revenue obtained from advertisement hence it results in the:
• Leakage and theft of personal information.
Foresting will not pursue a profit-focused platform, rather it will create a content-centred platform that generates the revenue of direct contents.
• Abuse of advertisements.
The idea of foresting encourages the creation of better contents, it is also focused on the voting of users rather than the real traffic-oriented content valuation.
Foresting will be able to create a better content culture through the means of evaluation.
• There is great unfairness in the distribution of value: Users usually do not obtain reward for the contents produced.
IMPORTANT VALUES OF FORESTING NETWORK.
The creation of the foresting network is to help realize the value of a new life in the society, this involves the creation of an opportunity for people to work for hours in a day, hare their daily activities and manage life.
Foresting network will provide a value shift of labour in the present society. The concept of foresting will be completed with the blockchain based rewarding social media and innovative financial services that will totally support content creators.
FORESTING IS A BLOCKCHAIN BASED REWARDING SOCIAL MEDIA.
A distributed consensus method is used to offer rewards in foresting, as this will allow users to quantify the contribution of the content providers.
Foresting is a primary social media platform that effectively combines forest and networking.
Foresting platform will be able to increase the efficiency and the impact of content providers by enabling them to be able to generate a new, and a fast content which is different from traditional social networks.
The idea of foresting is designed to build a network using the means of distributing income. This could be done through the generation of reasonable content income and also on the assessment of users’ content.
FORESTING WILL CONNECT THE WORLD AND MAKE LIVES EVEN MORE VALUABLE.
THE ROLES AND STRUCTURES OF FORESTING.
Foresting is made available to anyone including those who do not have the knowledge of blockchain and cryptocurrency.
The revenues generated on foresting, will be distributed to users who make contribution to it. With the idea of foresting, content creators do not have to rely on the funds made available by advertisers and followers.
Users who make use of foresting, will be able to benefit economically by receiving likes through the use of blockchain technology and cryptocurrency.
The use of blockchain technology makes it possible for users to be able to support content creators without losing anything.
CORE FEATURES OF FORESTING.
• The availability of a user-friendly interface.
• The device will be optimized.
• The availability of major categories for social media.
• The ability to support every form of content.
THE STRENGTHS OF FORESTING.
• Synchronization of preferred exchanges.
• The presence of master node based P2P transactions.
• The presence of coin shooting.
• The availability of open market for advertisement.
FORESTING BANK: THE CREATION OF A UNIQUE CREDIT RATING SYSTEM.
Credit rating will be promoted through social activities. The foresting bank will collect the data shown on the foresting blockchain, this is to measure the degree of connection, coin security and contribution to the growth of foresting.
EVALUATING PTON ECOSYSTEM.
Formally, the foresting system was built on the Ethereum blockchain.
PTON credit is a credit evaluation standard that is based on the platform contribution that is connected through the creation of content and curation that will operate on the token economy.
USAGE OF PTON.
PTON coin is used in foresting. The market value of PTON determines the value of the reward pool for participants that are able to contribute to foresting.
PTON is created by the contributions participants make towards foresting, PTON gives the assurance that the individuals who are able to contribute towards foresting, will also benefit from the application.
THE GROWTH OF FORESTING AND THE VALUE OF PTON ARE LINKED.
The ore popular the list becomes on foresting, the more people enter the list, this will ensure there will be an increase in the number of people that gets into the list.
FORESTING ICO PLANNING.
The total PTON token that will be issued is 24,000,000,000 (24 billion) tokens with an ERC-20.
40% of the total token will be set aside for sale, ICO participants may receive the available swap through the available listed exchange wallet or the foresting wallet after the successful launch of the foresting main net.
The token name is PTON.
Base token will use Ethereum, pre-initial PTON token sale is 1 ETH =49,999.5 PTON.
The standard token will use an ERC-20 wallet, the initial PTON token sale will be for 1ETH=33,333 PTON.
DISTRIBUTION OF TOKENS.
The advisors and marketers will have 10%.
Partners will have 10%.
Rewards will take 10%.
Reserve will take 5%.
The token sale will take 40%.
The team and founders will have 25%.
Authored by: geeboy88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874835
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4