FORESTING ICO
The FORESTING Network:
The FORESTING Network consists of the blockchain based
- social media ‘FORESTING’,
- digital banking services for FORESTING participants ‘FORESTING Bank’ and
- ‘FORESTING Lab’ to support the FORESTING community and content
creators.
Each of the three departments is separated into their respective functions and roles to fulfill the core values of the FORESTING Network.
‘FORESTING' or 'FORESTING Platform' 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 Bank' is a digital bank for content creators and curators alike. At the core of the FORESTING Network is the platform users who will be provided and supported by these financial services to create content.
‘FORESTING Lab’ supports communities and marketing activities besides the platform to activate the FORESTING Network, especially the content creators who are the owners of the FORESTING Network.
- 'FORESTING': Blockchain based rewarding Social media
- 'FORESTING Bank': Financial services for FORESTING
Network participants - ‘FORESTING Lab’: Providing infrastructure and supporting
content creators - Providing credit rating information
- Financial services
- Using infrastructure and creating better contents
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’
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.
FORESTING Bank
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.
FORESTING Lab
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.
ICO Planning
The PTON token will be issued as a total of 24,000,000,000 (24 billion) tokens with ERC-20, with 40 % of the total token set for sale. ICO participants may receive the swap through the listed exchange wallet or the FORESTING wallet after the launch of the FORESTING mainnet.
Website: https://foresting.io/
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
Twitter: https://twitter.com/foresting_io
Telegram: https://t.me/foresting_global
Medium: https://medium.com/foresting
Bitcointalk Bounty Link - https://bitcointalk.org/index.php?topic=4931943.0
Bitcointalk user profile - https://bitcointalk.org/index.php?action=profile;u=1979087
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