Foresting: Blockchain-Based Social Media
Foresting is the new blockchain based social media that reward content creators for their work.
As a youth of this very century, it is evident that at least 80% of us spend most of our times on social media, be it Facebook, Twitter, Instagram etc. We spend times on these social media consuming content and creating content now and then. But contents created by users on these platforms don’t bring any gain for the creator. The gain generated from these contents are shared by stakeholders and investors. This is something that gets me thinking every time its like they make you enjoy working for someone else profit. There are many quality contents that should be rewarded on these platforms but it has never happened before. The social media is for people to show their skills but not get rewarded. It is hard to imagine the number of quality photographs found on Instagram every day.
There have been platforms like Steemit and AGORA that plans on rewarding their users for content they created. The only one that came close is steemit using the blockcahin technology.
AGORA PHOTOGRAPHY REWARDING PLATFORM
Agora tries a lot for people to create photographs and get rewarded but I don’t think it’s a true content rewarding platform in the sense that it is not meant for everyone. Firstly, it is based on photography alone and secondly, it is only for professionals. On the platform, people enter contest created by other member and the best will be chosen. This is the reason why I think it is not for everybody.
The only platform that came close to actually rewarding content creators is:
STEEMIT AND BLOCKCHAIN BASED REWARD
Steemit kind of come close to actually rewarding content creators by utilizing the blockchain and making sure every content get rewarded according to the quality. But in time contents are not rewarded according to quality it is according to who you know. On steemit now it is easy to find a 600 words meaningful content get only one or two upvotes with 0.05$ and a 6 words meaningless post get 10 upvotes of about 300$. This is because steemit system later turns to politics because some people have power more than the other.
Imagine a platform where users don’t have to have too many followers or have a friend that has a lot of voting power to get rewarded. I think that will be very cool.
FORESTING THE TRUE CONTENT REWARDING PLATFORM
Foresting is the new social media rewarding platform where content creators can be rewarded for there content without lobbying. 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 plans on supporting content creators by distributing generated revenue from there contents to them. With foresting, users don’t have to rely on anyone to get rewarded because content creators will basically get rewarded by getting likes from other users. The blockchain technology will make it fair and make sure users are able to like contents without losing anything.
FORESTING PLATFORM
The foresting platform contains three main platforms.
1. FORESTING SOCIAL MEDIA
2. FORESTING BANK
3. FORESTING LAB
FORESTING SOCIAL MEDIA
The foresting social media is the main part of the platform that is for content creators to create content and get rewarded with PTON token. FORESTING, which will open a new world, is a combination of 'Forest' and 'Networking', 'Connecting', and 'Interacting'. FORESTING is the primary social media, a blockchain with economic freedom for content providers. The platform will be able to increase the efficiency and impact of content providers by enabling them to generate new, faster content than traditional social networks.
FORESTING BANK
The foresting bank will support content creators and provide financial services that they may need. This will encourage content creators to create more content and allow them to focus on content creation. Users can contribute to the FORESTING platform through a variety of activities, including creating and providing content, writing comments, liking, and sharing. The contribution of users is evaluated using a new contribution assessment model presented by FORESTING Bank. Users will be provided with a variety of financial services depending on the contribution level on the platform which is based on the level of their connections, the quality of their content, coin acquisition, and transactions.
FORESTING LAB
Like YouTube creators studio, foresting will also provide tools for content creators in Foresting lab to allow them to easily create content. The lab will allow users to work offline and also provide them with tools they may need. The FORESTING Lab runs an offline collaborative space for FORESTING users. FORESTING’s collaborative space is accessible to any participant in the FORESTING Network and is used fully to expand the FORESTING Network and develop the community. This space provides a place for the users at the core of the FORESTING Network to create higher quality content, along with the equipment needed such as cameras, microphones, lights, speakers, and instruments.
PTON TOKEN
The PTON token will be the cryptocurrency of the foresting platform which will be the only form of reward on the platform. Token details below.
Token | PTON |
---|---|
PreICO Price | 1 ETH = 50,000 PTONs |
Price | 1 ETH = 33,333 PTONs |
Bonus | Available |
MVP/Prototype | Available |
Platform | Ethereum |
Accepting | ETH |
Minimum investment | 1 ETH |
Soft cap | 90,000 EH |
Hard cap | 170,000 ETH |
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