The role and structure of FORESTING
FORESTING is available to anyone without knowledge of blockchain and cryptocurrency.
Anyone in the world can easily benefit from FORESTING, and only being active on this platform is
rewarded with PTON.
FORESTING, a new concept of social media, distributes income generated by the content of
all users who contribute to it. In FORESTING, content creators no longer have to rely on funds
from followers and advertisers. Conversely, users can get economic benefits simply by getting 'Likes'
through the use of blockchain and cryptocurrency technologies. Blockchain technology
allows users to support content creators without losing anything, and users can also tap
incentives to send comments to other content makers or to 'like' them.
Core Features
Similar projects have emerged on the market since the first blockchain-based social
media platform, the debut of successful Steemit. FORESTING uses the best services to implement
blockchain that is perfect for social networking.
I. User-Friendly UX / UI
II. Device Optimization
III. Category for Social Media
IV. Supports All Forms of Content
Ⅰ. UX / UI User-Friendly
As a blockchain-based social media service, the purpose of FORESTING is to provide users with easy
and convenient services, such as on traditional social media platforms, while also providing real-time
measurement and value transactions for their content. The platform also aims to provide
intuitive services to users, rather than services that require them to realize
concept difficulties , such as blockchain and cryptocurrency technologies. For this purpose, we will provide the best service with UX / UI. In addition, this platform supports such voluntary activities as registering, withdrawing, and deleting posts. For content providers, 'Removal Protection and
Personalization options and hiding options are available for posts that users don't want to be publicly seen.
Ⅱ. Optimization
FORESTING devices offer a new ecosystem that integrates people's lifestyles and income into one mobile application.
This makes it easy for users to share and influence their content
anytime, anywhere.
FORESTING will be designed for users to easily share text, images and videos. People can
write comments comfortably, send messages, and navigate chronological feeds.
The FORESTING content can spread quickly throughout the public.
This is uploaded and shared directly, and will be a unique source of social media like Facebook and
Instagram, which has seen hundreds of millions of viral downloads over the years.
Ⅲ. Main Categories for Social Media
Most of the social media related to blockchain, including Steemit, are focused on specific
categories such as 'blockchain', 'ICO' and 'Cryptocurrency'.
Given the concentration of certain categories, and only has around 1 million users, Steemit is
more like community service, than real social media platforms like Facebook,
YouTube, and Instagram, all of which have more than one billion users.
In order to become a real social media platform, rather than a community platform, FORESTING is
focused on the main categories, from lifestyle to beauty, entertainment, and so on.
Ⅳ. Supporting all forms of content
FORESTING provides the best security and privacy systems for users, using blockchain technology.
One of the main components of blockchain technology is that it has no broker.
The block is processed into blocks after the encryption process, including
transaction details, transaction summary, and blocking information from previous
transactions.
The encrypted block contains a complete list of transactions and blocking until the last minute, making it look like a chain.
PTON ECOSYSTEM
The
initial FORESTING System Value Model was built on the Ethereum network.
When the project took place, 24 billion PTON Tokens were exchanged for mPTON (temporary names) with a level of 1: 1 after the launch of mainnet.
DEBT Bank and PTON credit, which is a standard credit evaluation
on the contribution of the platform that is linked to content creation and curation, will operate the Economy Token.
ERC-20
PTON mPTON (Tentative)
Forestry Network Token
PTON
Credit
Before the launch of mainnet FORESTING, rewards for sending content until beta testing and super node operations were managed through PTON Token payments assigned to Reward Pool on the Token Distribution.
In addition, FORESTING undertakes projects faster, more efficiently, and more equitably through a council program that encourages participation by third parties.
In this case, the value model that will be discussed in this sector is an evaluation model for the launch of the mainnet FORESTING network, the factors for developing the PTON value model are as follows.
Total Coin Amount = (a)
Annual Return = Inflation = 6% = (b)
Content Reward = 75% of (b) = (c)
Supernode Reward = 25% of (b) = (d)
Daily Publish Coin = (b ) / 365 = (e)
User (optimistic) = (f)
User (conservative) = (f1)
User (pessimistic) = (f2)
DAU (20% of (f)) = (g)
Like = Voting ((g ) * 5) = (h)
Daily Issues Coins for Content Reward ((c) / 365) = (i)
1Cike = (x) Coin = (i) / (h) = (j)
Daily Content Posted = 20% of (g) = (k)
Like per Content ((h) / (k)) = (l)
Daily Content Reward per Content = (j) (l) = (m)
For detailed information visit the link below:
Web: https://foresting.io/
Twitter: https://twitter.com/foresting_io
Youtube: https://www.youtube.com/channel/UCGgXs74rn_BuE90CH1qYBPA
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
telegram: https://t.me/foresting_global
Facebook: https://www.facebook.com/forestingHQ/
Instagram: https://www.instagram.com/foresting.io/
Medium: https://medium.com/foresting
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1917269
Eth: 0x4Fc47233411361C0c479FF6B5DB52e635394fbac
