It is evident that our existing social media service providers are becoming disadvantageous to the users especially regarding valuing them and their content. The lack of emphasis on assessing content distribution on these platforms is leading to the increase in alternatives that can be able to meet such challenges.
FORESTING ICO is an example of how blockchain technology could become an alternative for enabling efficient value distribution for content creators on the social media platforms. Here's how it plans to unleash a capability for economic activity at just the click of a ‘Like' button.
The FORESTING Network
FORESTING Network will be available to any individual without the need for prior knowledge of cryptocurrency or blockchain. The new concept look to create a network platform that will enable users to realize the value of content creation. FORESTING Network is designed to allow for the rewarding of content generation, and a distribution system of income for the providers. All content types are eligible for rewarding, consumption and support on the content-oriented system
FORESTING looks to introduce a new ecosystem consisting of a FOREST (community members) working on the concepts of Networking, connecting and interacting. The ecosystem also encompasses the following features:
Part of FORESTING operates as a blockchain social media platform that works under a decentralized system for fair value distribution.
The core of FORESTING Network is to provide financial services to sustain the content remuneration. That will be available through the digital finance institution, FORESTING Bank.
Besides supporting activities on the FORESTING Network, there is also support for communities and marketing activities of the content creators.
FORESTING Blockchain Social Media Rating Rewards Benefits
FORESTING's goal is to offer users a comfortable and convenient service that is intuitive rather than a problematic concept service
Simplified Coin Exchange
FORESTING also aims to allow users to add value to their content by providing a secure conversion platform for them to get money in return.
By using blockchain, FORESTING provides users with the best technology to upload or download different content components in a seamless manner
FORESTING's ecosystem is diverse enough to integrate people's lifestyles, and this would enable them to influence content anytime using any device.
Security And Privacy
A critical aspect of blockchain technology is the decentralized nature of the system. Such a feature provides the best protection and privacy for users since there is no single entity controlling the operation.
FORESTING PTON Token & ICO Details
PTON token works as a value determinant for rewarding the participants contributing content to FORESTING. The token does not imply on working like other cryptos which are accessible through mining. The PTON token will be available as per the level of contribution of the participants. Part of it is also expected to be in use to enable users to benefit from FORESTING app.
Parameters Of The ICO
- Private Presale: April 2018 till May 2018
- Public Presale: July 2018 till August 2018, Price- 1 ETH= TBD
- ICO: August 2018 till September 2018, Price- 1 ETH= TBD
- Token name- PTON
- Blockchain- Ethereum
- Model- ERC-20
- Token supply- 24,000,000,000 tokens
- Available for sale- 9,600,000,000 PTON (40%)
- Token sale- 40%
- Team and founders- 25%
- Advisors and marketing- 10%
- Partners- 10%
- Reward- 10%
- Reserve- 5%