Foresting signed MOU with Herald Corporation, content specialized media

Foresting
FORESTING
Published in
2 min readJun 17, 2019

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Foresting CEO, Daniel Eom and Herald CEO, Kwon Chung-won

Foresting CEO Daniel Eom signed a strategic business agreement (MOU) with Herald, South Korean media, education, and lifestyle company, on 13th of June 2019.

Through this partnership, Foresting, a blockchain-based social media platform that provides financial rewards to users, was officially adopted as the Herald’s official social media.

Foresting is a rewarding lifestyle social media platform that was born to solve all issues found in the traditional social media platforms by providing a fair platform for both content creators and consumers. It is a fair value that contributes to platform growth by breaking away the unfair social media platform value distribution system.

Herald provides a variety of contents and eco-friendly initiatives through its publications and subsidiaries. It has continued to grow as an innovative information-knowledge company. Herald is recognized by readers locally and abroad through various media, including Herald Business, an economic magazine that ranks near the top seven in the number of online visitors in Korea and The Korea Herald, South Korea’s №1 English-language newspaper, which is distributed online and offline in more than 80 countries around the world.

“The social media platform is rapidly changing due to blockchain technology,” said Kwon Chung-won, CEO of Herald Corp. “Through our partnership with Foresting, we have high expectations as we can respond quickly to trends and introduce differentiated content,” he said.

“As the Herald has excellent know-how in the contents field, we expect to be able to secure excellent creators and high-quality contents through this agreement,” Daniel Eom, CEO of Foresting, said.

As the Herald has a diverse range of readers in various fields, including economics, education, food, and entertainment, Foresting is expecting to secure many new users through the signing of this MOU.

Currently, Foresting has released an open beta on April 30th, and about 30 mobile coupons are available on the platform. Foresting will launch a service that will complement mobile coupons and commerce features on its grand opening, which will be released in August. Through a partnership with MCN in the future, Foresting is preparing to bring in creators not only from South Korea but also from overseas countries such as Indonesia, Thailand, etc.

You can read the article in Korean via this link:
http://biz.heraldcorp.com/view.php?ud=20190617000427&ACE_SEARCH=1&ACE_SEARCH=1

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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