Foresting Platform: Get to know first

Foresting
FORESTING
Published in
3 min readFeb 26, 2019

Dear friends!

It’s been almost a year since Foresting team started its journey. The way to success is tough and unpredictable, but hard work and passion make it possible. Today we’re thrilled to announce that last preparations are about to over and the only of its kind rewarding social media platform to be launched! Yahoo!

We can imagine how curious you might be about the platform, so let’s reveal some secrets and learn about the rewarding system.

Here we go!

Foresting Platform Structure

#1. Independent media market and revenue structure

As of 2019, there are about 3 billion users on social media, and that number is growing at a fast pace. But social media seems to have lost its essence long ago. Users feel uncomfortable watching social media full of ads, and content creators are focused on creating provocative content that makes money. In addition to the essence of sharing your daily life and communicating online, you should be fairly compensated for the value of your content, shouldn’t you? We believe you should, so Foresting will create a better content culture with voting-based valuation rather than traffic-based content valuation.

#2. ‘PTON and PTON Credit’ as a value distribution reward

In the meantime, existing social media has gained tremendous advertising revenue using the traffic of millions of users. Recently, there has been a growing interest in independent media centering on the Insta influencers. However, only a small part of it is profitable!!! After all, there is still an irrational allocation of revenue between content creators and service providers.

Foresting’s Rewarding System is paid by PTC (PTON Credit) in two ways:

1. Foresting users can BEAT (like) other users’ content in addition to posting content to the platform. These activities are paid by PTC and are available to both the creator of the content and the user.

2. ‘SHOOTING’ is created to support content creators. In case of BEAT, 1 beat is automatically provided for each user every 2 hours. While “Shooting” refers to the act of donating PTC to another user. Through these activities, content creators can focus on creating valuable content through donations without ad revenue (It might be a little easier to understand if you think about the star balloon in Africa TV:))

Rewarding System

#3. So, what do we do with PTC?

Foresting is based on a blockchain. The rewarded PTC can be exchanged for PTON (Foresting cryptocurrency) within the platform. By the help of cryptocurrency exchanges, you can exchange PTON to fiat money. Just that simple within one platform!

In the end, you get economic income by posting content on social media and BEATing.

One more thing to mention!

Foresting platform has a wallet feature that allows you to store and deposit PTON. If you exchange the reward PTC for PTON and send it to the cryptocurrency exchange, you get cash immediately. Yay!

Go for listing on crypto exchanges!!!

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Foresting
FORESTING

Foresting is a blockchain based Social Media Service that rewards you for the content you create. Learn more at foresting.io