FORESTING - New Concept of Social Media Based on Blockchain
At this time, i would like to tell you about an innovative platform that has awareness in the growth of social media and cryptocurrency user. The platform called Foresting and lead by David Kim as CEO. Based on survey data from eMarketer, they estimated the internet's user would be growth around 14% from 2014 untill 2020 as below:
Based on this data, billions of users in the whole world visit these websites on a daily basis. It has become our second life, and no one seems to live happily without it.
The lost of trust in the banks was one of the prime motivations in the birth of Bitcoin, a cryptocurrency developed by a person or a group of people named Satoshi Nakamoto. Bitcoin is just one application of the new technology (blockchain). The advent of cryptocurrencies has led to a worldwide boom where new innovations are being brought onboard, structured through pioneering crypto Tokens, to disrupt existing traditional industries.
FORESTING is a new generation social media platform that values content creators for their time and creativity using blockchain technology. Social networking and media have gained immense popularity. To this day, about 3 billion people use social networks every day to post content, post and get information. Through social networks in countries where all media is controlled by the government, people can receive timely news about one or another event, free of expression. their thoughts and more.
Social networks have received high popularity. At the same time, today such users do not have proper rewards to make videos and post news. Most of the profits from traffic are taken by the owners of social networks. Another problem with social networks is their high vulnerability to cybercriminal attacks. A striking example of this is the loss of social networks Facebook customer personal data that can be used by fraudsters to make a profit.
The Purpose of Foresting
The main purpose of FORESTING developers is to create a social network with a maximum level of protection against cyber criminals, which allows to receive income from information placement. Another goal is to avoid advertising with products and services that are found to maintain the quality of the content and the maximum convenience of social networks.
Foresting is designed for those who are interested in social media platforms. It supports all forms of video content, text, images, live broadcasts, and creates social networks based on content reward services.
With Foresting, users can use PTON coins to get paid for their content. Foresting systems are only based on content creation and focus on user voting systems. This is better than assessing traffic content and enabling them to share information in a decentralized way. PTON is a cryptocurrency that will be used as a gift on the FORESTING platform.
Token Economy:
FORESTING platform issues Ethereum based utility tokens called “PTON” which can be used in the internal ecosystem of the platform for services availed and rewards distribution for content creation.
Token Details:
Token symbol: PTON
Token type: ERC 20
Total supply of tokens: 24 Billion
Pre-initial Price 1ETH = 49,999.5 PTON
Initial Token Sale 1ETH = 33,333 PTON
40% of the tokens are allocated to Public sale
Soft Cap – 90,000ETH
Hard Cap – 170,000ETH
Token Distribution
Conclusions
Creating social networks based on blockchain technology is a great idea. This project is promising to billions of users because of the high level of protection and fair profit distribution. Thanks to FORESTING, bloggers no longer need to distribute annoying ads, and users - to watch it.
Social network FORESTING is a future project, which deserves high attention for investor. Good luck team!
Web ★ Twitter ★ Youtube ★ Whitepaper ★ Telegram ★ Facebook ★ Instagram ★ LinkedIn ★ Medium ★ Ann Thread
Posted by:
Bitcoin Talk username : maniak kemsut
Profile Link : https://bitcointalk.org/index.php?action=profile;u=2132482
Wallet : 0xD1182fe4B8ae5E4D7801f6B851374E3F3A2d6A04
Thank you & love to see you back!