Foresting Blockchain-Based Social Media
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.
It 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.
FORESTING Network Value Chain
The FORESTING Network is set up with three departments.
- Blockchain rewarding Social media ‘FORESTING’,
- Digital banking services for FORESTING participants are transformed into a direct payment from the ‘FORESTING Bank’ and
- The ‘FORESTING Lab’, providing infrastructures and supporting content creators.
While each department’s respective functions and roles are separated, the core values of the FORESTING Network remain the same. They were designed in a structure in which they interact systematically and create synergies.
At the heart of FORESTING Network’s three departments are the FORESTING users. The level of content delivery and platform involvement by the FORESTING user defines the scalability and impact of the FORESTING Network. The starting point for the FORESTING Network mechanism comes from the content providers and participants. It is also associated with the core value of the FORESTING Network, a fair world created by participants.
Blockchain Based Rewarding Social media ‘FORESTING’
“Connecting the world and making lives more valuable
FORESTING is the platform’s revenue chain that allows users to quantify the content provider’s contribution to offer rewards using a distributed consensus method.
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. The platform will create a new ecosystem for social media through blockchain technology and a new concept of social media token operation. FORESTING is designed to build a network by distributing income though reasonable content generation and on the assessment of the users’ content. It supports all types of content, whether it is text, images, videos, audio, or live broadcasting, and provides a social network based on a content-oriented rewarding service.
Creating a unique credit rating system
The purpose of FORESTING Bank is to support financial services that are required by users so that they can fully focus on creating the content at the center of the FORESTING Network.
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. Users can improve their credit ratings just by working on social networking sites, and have an amazing experience with broader economic potential.
Users could not fully focus on content creation before. Some were categorized as selfemployed or had to suffer economic difficulties such as low income. Financial services from existing banks are based on income, money transactions and credit ratings. Therefore this platform will lead to better content creation, enhance the quality of the content across the FORESTING platform, and ultimately lead to a virtuous circle structure that extends the rapid expansion and impact of the FORESTING platform.
Innovating your dreams
The purpose of FORESTING Lab is to provide infrastructures for communities who participate in the FORESTING Network and support content creators who want to make content and post on the FORESTING platform.
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. Users no longer have to give up being a content creator because they cannot afford the space or equipment to create the content. By doing this, FORESTING will be able to offer high-quality content and build a stronger post-staging ecosystem.
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.
1) User-Friendly UX/UI
As a blockchain based social media service, FORESTING’s goal is to provide users with an easy and convenient service, like on traditional social media platforms, while also providing real-time measurements and transactions of their content values. The platform also aims to provide a service that is intuitive to users, rather than a service that requires them to be aware of difficult concepts, like blockchain technology and cryptocurrency. For this purpose, we will provide a service equipped with the best UX/UI. In addition, the platform supports voluntary activities such as registering, withdrawing, and deleting posts. For content providers, ‘Protection of Deletion and Personalization’ and hiding options are available for posts that users don’t want to be publicly viewable.
2) Device Optimization
FORESTING is offering a new ecosystem that integrates people’s lifestyles and income into a single mobile app. This makes it easy for FORESTING users to share and influence their content anytime, anywhere.
3) Major Categories for Social Media
Given the concentration of specific categories, and only having about 1 million users, Steemit is more like a community service, rather than a real social media platform like Facebook, YouTube, and Instagram, that all have more than a billion users.
In order to be a real social media platform, rather than a community platform, FORESTING is focused on major categories, ranging from lifestyle to beauty, entertainment, and so on.
4) Supports all forms of content
FORESTING provides users with the best security and privacy system possible, using blockchain technologies. One of the key components of blockchain technology is that it does not have a broker. The block is processed into a block after the encryption process, including the transaction details, transaction summary, and block information from the previous transaction. The encrypted block contains a full list of transactions and blocks until the last minute, making it look like a chain.
PTON is a coin used in FORESTING. PTON’s market value determines the value of the reward pool for the participants that contribute to FORESTING. Unlike traditional mining methods, PTON is created by the contribution of participants to FORESTING. PTON guarantees that people who contribute to FORESTING benefit from the app.
PreICO Price 1 ETH = 50,000 PTONs
Price 1 ETH = 33,333 PTONs
Minimum investment 1 ETH
Soft cap 90,000 EH
Hard cap 170,000 ETH
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