FORESTING

INTRODUCTION

Foresting allows creators of content from around the world to receive rewards. The concept of this new token in social networks can turn your content into a currency. Foresting is based on creating bitcoin and philosophy shared by Satoshi Nakamoto and John Rawls in a more just society.

Accordingly, the network “Foresting” solves the asymmetry of information that is common in the society, holds honest contracts, distributes them according to their abilities and shares active contributions with each other.

Foresting is a social platform based on the blockchain, which differs from the distribution system of traditional similar platforms. Foresting provides a system for distributing fair value to users who are the true owners of the content.

FORESTING SERVICE

Foresting will provide an intuitive blockchain-based social media platform with top class UX/UI and the technology to support a wide range of content, including images and videos.

Provide User-Friendly UX/UI

Is fully Optimised for all Devices

Features Categories for Different Interests

Support all forms of content

Brings you More Privacy Control

CORE FEATURES

Check out some of the key features and benefits of the FORESTING app which will be available to all of our users.

Real-time Trade Function through Embedded Exchange

Provide real-time trading function by embedding major exchanges around the world

Master Node-based P2P Transaction

Minimum of 10 coin openings per user (RPC module provided for each coin access)

Content Creator Sponsor Feature

Popular content is rewarded with real currency rather than plain likes

Open Market Advertising

Shedding the target/retarget ads that are centered around the advertisers and platform operator

FORESTING NETWORK

The FORESTING Network consists of the blockchain based 1) social media FORESTING, 2) digital banking services for FORESTING participants ‘FORESTING Bank’ and 3) ‘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 Network Value Chain

The FORESTING Network is set up with three departments. 1) blockchain rewarding Social media FORESTING , 2) digital banking services for FORESTING participants are transformed into a direct payment from the ‘FORESTING Bank’ and 3) 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.

“Beat Your Heart!”

1) ‘FORESTING’: Blockchain based rewarding Social media

2) ‘FORESTING Bank’: Financial services for FORESTING Network participants

3) ‘FORESTING Lab’: Providing infrastructure and supporting content creators

4) Providing credit rating information

5) Financial services

6) Using infrastructure and creating better contents

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 acombination 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

“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.

FORESTING Lab

“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.

ICO Details

General information

Token: PTON

Platform: Ethereum

Standard: ERC20

Quantity: 24,000,000,000 PTON

Price: 1 ETH = 33,333 PTON

Payment: ETH

Soft cap: 90,000 ETH

Hard cap: 170,000 ETH

Pre ICO

Start: 08/10/2018

Completion: 08/24/2018

ICO

Start: 10/09/2018

Completion: 10/10/2018

Core Features

Similar projects have been appearing in the market since the first blockchain-based social media platform, Steemit’s successful debut. FORESTING uses the best services to implement the perfect blockchain for social networks.

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.

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.

FORESTING will be designed for the users to share text, images, and videos easily. People can comfortably write comments, send messages, and navigate chronological feeds. The content of FORESTING can spread rapidly across the public.

It is uploaded and shared live, and will be a unique source of social media like Facebook and Instagram, which have seen hundreds of millions of viral downloads over the years.

Major Categories for Social Media

Most of the social media related to the blockchain, including Steemit, is focused on specific categories such as ‘blockchain’, ‘ICO’, and ‘Cryptocurrency’.

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.

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.

ROADMAP

Q1 2018
Foresting Foundation Technical Document v. 0.5

Q2 2018
Technical Document v. 0.8. Yellowpaper v. 0.5. Private pre-sale. Structural planning of blocks. Timber Summit 2018.

Q3 2018
Technical Document v. 1.0. Foresting HACKATHON 2018. Foresting TALK CONCERT 2018. Public pre-sale. Ico. Platform Alpha Test.

Q4 2018
Local/Int. Exchange. Beta platform test.

2019
Opens the Foresting Web version. Development of mobile
applications (IOS and Android). Grand launching platform.

TEAM

David Kim
Founder

Daniel Eom
CEO, Co-Founder

Jimmy Kim
Co-founder

TJ Park
Co-founder

David Lee
Chief Strategy Officer

Woon Hee Lee
Chief Technical Officer

John Yoon
Global MK Director

Eddy Shin
Principal

Hyeonjun Park
Chief Creative Officer

Sungtae Chun
Chief Marketing Officer

Hae Seo
Chief Operating Officer

Hyounwoo Sung
Full Stack Developer

Terry Jung
Android Developer

BJ Jun
Strategy Team Leader

Michelle Choi
Creative Team Leader

Sujin Yoon
Creative Manager

Sujin Yoon
Creative Manager

Ye Eun Kim
Creative Manager

Soobin Hoh
Creative Manager

Monica Lee
Design Team Leader

Molly Park
Designer

Aileen Choi
Designer

Hyejin Bae
Front-End-Developer

Aram Ju
Front-End-Developer

Sue Nguyen
Global MK Manager

Advisors

Daniel Bar
Co-Founder At Tenzorum Project

Jae Pil Kim
Oz1, CEO

Unenburen Ulziiburen
Skinny Studio, Co-Founder

Mike Noh
DeCentre CMO

Satish Uttamchandani
Trade Finance Market, Director Of Legal Affairs

Danny jeong
NBREDS, CEO

Lilia Stoyanov
Transformify, CEO

Sang Won Cho
TOBESOFT, CEO

Brian dixon
Capital Innovators, COO

Alberto Furger
Tontine Trust, CFO

Jun Ho Lee
JIENEM Co., Ltd. CEO

Richard Klatt
Partnerships At Indorse, Vice President

Seuk Hoon Pi
BOKWANG INVESTMENT, Dept. Director

Zoltan Veszer
IP Chain, Overseas Marketing Director

Jae Kyun Noh
Kakao Bank, Outside Director

Lee Wilkins
Exchange Union, Int. Marketing Director

More information contact :
Website : https://foresting.io/
Whitepaper : https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
ANN Thread : https://bitcointalk.org/index.php?topic=4906179.0
Facebook : https://www.facebook.com/forestingHQ/
Medium : https://medium.com/foresting
Twitter : https://twitter.com/foresting_io
Telegram : https://t.me/foresting_global
Youtube : https://www.youtube.com/channel/UCGgXs74rn_BuE90CH1qYBPA
Author : Upik05
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131
Address wallet
0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4

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