Foresting X Media Bridge MOU: partnership for the common purpose

Foresting
FORESTING
Published in
3 min readJul 2, 2019

Dear friend,

The first day of July should start with good and positive news! Do you agree?
Here you go!

On the first of July, Foresting signed a partnership agreement with Media Bridge, a leading domestic MCN company focusing on influencer marketing. Representatives of the two companies and influencers Kong Mi-Jeong and Kim Han-Sol attended the partnership ceremony.

1. When SNS meets MCN…

What does MCN stand for?

MCN is an abbreviation for Multi-Channel Network, meaning a business that supports, manages, and shares revenue with individual creators.

With the development of social networking sites such as YouTube, Facebook, and Instagram influencers became trendy! But content planning, production, and distribution are hard to handle for one person alone, so MCN is managed to bundle and manage them.

2. What about Media Bridge?

There are many MCN companies that are professional in what they do. However, Foresting chose Media Bridge for this partnership due to several advantages it possesses.

First of all, Media Bridge is Korea’s leading MCN company and focuses on discovering creators and cultivating influencers through various channels such as YouTube, Africa TV, and Instagram.

The content should be differentiated and professional to sustain long-run popularity of the influencer, and MCN companies are doing great work. In the case of Media Bridge, it is not only famous for being professional, but also for its systematic approach and the educational environment they provide!

Moreover, the company is gaining huge popularity not only in Korea, but also in overseas markets as China, Indonesia, Thailand, and other countries through global platforms such as BigoLive, HAKUNA Live, ULike, and TikTok.

3. Who works with Media Bridge?

Currently, there are 1,739 influencers working with Media Bridge!

The cumulative number of views is equal to 15,248,595!
Isn’t it impressive? ​

Beauty, body care, food, travel, hobbies…There is a huge number of contents in various fields that cover almost all aspects of social life and anyone can find the content according to one’s interest, passion and even crush.

4. Foresting X Media Bridge

The aim of this partnership is to activate Foresting platform and provide an opportunity for Media Bridge’s influencers to create, publish and promote content within the Foresting platform. Foresting promised to provide fair reward generated by the activities of influencers, and the two companies will develop and operate profit models using Foresting cryptocurrency, PTON, and Media Bridge’s influencers. Media Bridge’s vast array of content and influencers are important for this partnership, but above all, Foresting is focused on the Media Bridge’s revenue-sharing system.

You already know that Foresting is providing economic rewards to users and is aiming for a fair SNS ecosystem for creators. ​Media Bridge also operates a fair media network that distributes revenue generated from contents to creators. Thus, common purpose and the idea of fair social network systems made this partnership possible 😊

Foresting plans to renovate the rewards system and provide opportunities for content creators to produce more diversified and quality content! ​

Note that Foresting is planning to launch its official version in August.

Stay tuned, dear friend!

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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