FOREST

Schildhauer

FOREST: Social Media Blockchain’s Gift-Generating Network

A new blockchain project, “Foresting”, is developing its platform to provide three main services. The three departments are: Forestry Social Media, Foresting Bank and Foresting Lab. Foresting is a social media platform that aims to distribute fair value to platform owners. Foresting Bank will provide financial services to platform users who will create content. This will act like a digital bank for users. Foresting Lab will support and help Foresting Network grow. Foresting Network resembles a platform and content creator community.

Difficulties Faced Today:

Social media platforms like Facebook, Instagram, Pinterest, SnapChat, Twitter, and LinkedIn are concentrated in nature. People share content, ideas, thoughts on this platform without having an idea of the rewards behind this. User data is taken from this platform and sold to companies for advertising and earning income. This leads to identity theft, privacy violations, spam emails, etc. Privacy and security of users is lost today on social media platforms.

Content creators do not get a portion of the benefits that are feasible from the platform. Shareholders and platform operators take most of the profits generated so that they leave content creators in an unfair system.

Solution:

Foresting Network has found a solution to provide a better place for content creators. This project uses blockchain technology to develop useful social media platforms. The Forestry Network Ecosystem consists of three main components:

• Media Coverage on Blockchain-Based Socialization:

This will reward content creators for creating content and sharing it on the platform. Content creators can submit content in any form such as text, images, video, audio, or live broadcasts. Forestry social media will encourage content creators to make content faster than traditional platforms.

• Foresting Bank:

Foresting banks will provide financial services to content creators. User contributions to the platform will be assessed by bank Foresting. The quality of the content and its contribution to the platform will determine which financial services will be accessible to them.

• Foresting Lab:

Foresting Lab will develop offline infrastructure to support the platform community and content creators. Content creators can get physical space with the equipment needed such as cameras, microphones, lights, speakers, etc. so they can come up with better and quality content.

CORE FEATURES

Real-time Trading Functions through Embedded Exchange
• Provides real-time trading functions by embedding key exchanges around the world
P2P transactions based on Master Node
• Minimum 10 coin openings per user (RPC module is provided for every coin access)
Sponsor Features Content Maker Content
• Popular content is valued in real currency rather than ordinary
Open Market Adverts
• Remove target / retarget ads that are centered around advertisers and platform operators.
Conclusion
In an era where a large number of people spend most of their day, making and consuming content on social media without increasing financial value, it’s refreshing to see platforms like Foresting come up with the idea that social media activities can be useful. The Forestry Platform will be the preferred alternative to traditional social media platforms.

Token Info

The FORESTING Network will be based on PTON Tokens; an ethereum coin built on ERC-20. Most problems with PTON 24-Bn tokens will be sold, while the rest will be distributed throughout the ecosystem.

Token PTON

Platform Ethereum

Type ERC20

Price before ICO 1 ETH = 50,000 PTON price at ICO 1 ETH = 33,333 PTON

BONUS

+ 50% PTON during Presale.

Token sold for 9,600,000,000

Investment info

Min. 1 ETH investment

Receives ETH

Distributed in 40% ICO

Soft cap 90,000 EH

Hard stamp 170,000 ETH

Roadmap

Q1 2018

FORESTING Foundation. Whitepaper v.0.5.

Q2 2018

Whitepaper v.0.8. Yellowpaper v.0.5. Personal pre-sale. Planning the Blockchain Structure. SUMMIT TECHNOLOGY FORESTING 2018.

Q3 2018

Whitepaper v.1.0. FORESTING HACKATHON 2018. FOREST TALK CONCERTS 2018. Public pre-sales. ICO test. Alpha platform.

Q4 2018

Local / Int. Register Exchange. Beta Platform Test.

2019

Open Web Version FORESTING. Cellular Application Development (iOS & Android).

Grand Platform Launch.

Team:

David Kim – Founder

David Kim is a specialist in investment and business architecture for M & A and accelerated the company in a variety of industries ranging from manufacturing to ICT. He is currently the founder of the forest and CEO of 500V, an alliance venture company that has more than 500 innovative companies based on life and technology both online and offline.

Daniel EOM – CEO

After graduating from California State University, Los Angeles with a degree in Business and Economics, Dan joined McKinsey & Company as a business analyst. He has been the Executive Director of Valuable Accelerators, an acceleration program that helps entrepreneurs in Asia develop into new global markets.

Woon Hee Lee – CTO

Woon Hee Lee is the head of Generic Crypto, a professional company that uses blockchain technology for business. Since 2013, he has operated and expanded various crypto ecosystems, such as “DDENGLE” which is one of South Korea’s largest cryptocurrency communities. He is also the publisher of “Bitcoin Made Easy” and “Crypto Exchange Made Easy”.

Token Matrix:

Token –

PTON Total Supply – 24 Billion

PTON Price – 1 ETH = 49,999.5 PTON (Pre-Sales) & 1 ETH = 33,333 PTON (Public Sale)

Soft Cap – 90,000ETH

Hard Cap – 170,000ETH

Decision:

Strengths:

• This project is good in its Telegram group. It has around 3000 members.

• The team behind the project has experience in fields such as blockchain, cryptocurrency, android, PR, marketing, etc.

• There are 25 advisors for projects that have different backgrounds such as blockchain, marketing, finance, ICO and many other fields.

• Whitepaper has detailed information about the project.