4 min readSep 22, 2018

A new ICO that will surely get the attention of investors because of it’s unique concept.

Nowadays there are a lot of Social Media Platform rising from one end to another but with the help of blockchain technology, a unique platform was made and that is FORESTING.

What is Foresting?

Foresting is a new generation social media platform that rewards content creators for their time and creativity by using blockchain technology.

Foresting 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.

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 Social Media:

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 self employed 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.

FORESTING Bank will provide a non face-to-face financial service that extends directly to the Internet, PCs, and even smartphones, which would be applicable with existing digital banking services. To achieve this, the FORESTING Bank has come up with a new credit rating model.

What is PTON:

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.