Foresting : Next generation of social media based on blockchain

One in every of the biggest troubles with social media is the transparency of data. Users are unable to receive reimbursement for their content material. Even as a few users can benefit sales, best the top 5% of content material pages are diagnosed.

Foresting is a new blockchain-based totally social media platform which seeks to turn the present paradigm on its head. At the Foresting platform, customers are definitely paid for the content material they put up, as opposed to absolutely being statistics mills for big media organizations.

The ordinary moves which you take on social media each day, including posting, commenting, sharing or even liking will all be made worthwhile via the PTON token. On the identical time, each transaction and every click at the web page might be stored irretrievably on the blockchain. This indicates there will usually exist a comfy, allotted log of all your income on the website that may be modified or altered through everyone. All of this comes from a blockchain startup which is making headlines for its development within the crypto area.

Foresting is designed for folks that are interested in social media structures. It helps all forms of content videos, text, images, live broadcasting, and creates a social network based on a content material-oriented reward service.

Foresting Social Media Platform is a part of Foresting operates as a blockchain social media platform that works below a decentralized gadget for fair value distribution.

Foresting Bank is The middle of Foresting network is to provide financial offerings to maintain the content material remuneration. In an effort to be to be had through the digital finance organization.

Foresting Lab is beside assisting activities at the Foresting community, there's additionally help for communities and advertising and marketing activities of the content material creators.

Foresting ICO

The ICO will see 40% of the 24 billion PTON tokens made to be had to the public. The economic surroundings furnished by the platform may be run on those tokens, with customers receiving various quantities in return for his or her activity at the website.

PTON token works as a cost determinant for worthwhile the members contributing content material to Foresting. The token does now not suggest on operating like different cryptos which are available through mining. The PTON token could be to be had as according to the extent of the contribution of the individuals. A part of it's also expected to be in use to enable users to gain from Foresting app.

• Token: PTON
• PreICO Price: 1 ETH = 50,000 PTONs
• Price: 1 ETH = 33,333 PTONs
• MVP/Prototype: Available
• Platform: Ethereum
• Accepting: ETH
• Minimum investment: 1 ETH
• Soft cap: 90,000 EH
• Hard cap: 170,000 ETH
• Country: Singapore
• Whitelist/KYC: KYC

Foresting Roadmap

• Q1 2018
  Foresting Foundation. Whitepaper v.0.5.

• Q2 2018
  Whitepaper v.0.8. Yellow paper v.0.5. Private Pre-sale. Blockchain Structure Planning. Foresting TECH SUMMIT 2018.

• Q3 2018
  Whitepaper v.1.0. Foresting Hackathon 2018. Foresting Talk Concert 2018. Public Pre-sale. ICO.Platform Alpha Test.

• Q4 2018
  Local/Int. Exchange Listing.Platform Beta Test.

• 2019
  Open Foresting Web-version. Mobile App(iOS & Android) Development.
  Platform Grand Launching.

All of this provides as much as a swift ascension for Foresting, and this fall of 2018 promises to be a busy duration for the crew as they wrap up the token sale and get to work enforcing included crypto exchange compatibility into the platform. Beta checking out is also predicted earlier than the year’s end. The circulate into 2019 is also fantastically predicted, with Android and iOS apps predicted to be finalized within the early a part of the 12 months.

Foresting Team

In the meantime, Daniel Eom (CEO of Foresting) became currently presented a prize for his pitch on the Blockchain Open Forum in Seoul and was guest at the world Blockchain forum in New York in which he brought a speech at the unforeseen social effect of ICO’s.

Core Team

Advisors

Contributors

Because it stands, the social media space is ruled by monopolies who view their customers as nothing greater than assets. One need only look at information headlines of past due to get an idea of how lots recognize corporations like Facebook and Twitter have for their users.

Links

Website ICO: https://foresting.io/
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4906179.0
Bounty: https://bitcointalk.org/index.php?topic=4931943
Telegram: https://t.me/foresting_global
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1170710