FORESTING

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It is evident that our existing social media service providers are becoming disadvantageous to the users especially regarding valuing them and their content. The lack of emphasis on assessing content distribution on these platforms is leading to the increase in alternatives that can be able to meet such challenges.

FORESTING ICO is an example of how blockchain technology could become an alternative for enabling efficient value distribution for content creators on the social media platforms. Here's how it plans to unleash a capability for economic activity at just the click of a ‘Like' button.

The FORESTING Network

FORESTING Network will be available to any individual without the need for prior knowledge of cryptocurrency or blockchain. The new concept look to create a network platform that will enable users to realize the value of content creation. FORESTING Network is designed to allow for the rewarding of content generation, and a distribution system of income for the providers. All content types are eligible for rewarding, consumption and support on the content-oriented system

FORESTING Features

FORESTING looks to introduce a new ecosystem consisting of a FOREST (community members) working on the concepts of Networking, connecting and interacting. The ecosystem also encompasses the following features:

FORESTING Platform

Part of FORESTING operates as a blockchain social media platform that works under a decentralized system for fair value distribution.

FORESTING Bank

The core of FORESTING Network is to provide financial services to sustain the content remuneration. That will be available through the digital finance institution, FORESTING Bank.

FORESTING Lab

Besides supporting activities on the FORESTING Network, there is also support for communities and marketing activities of the content creators.

User Interface

FORESTING's goal is to offer users a comfortable and convenient service that is intuitive rather than a problematic concept service

Simplified Coin Exchange

FORESTING also aims to allow users to add value to their content by providing a secure conversion platform for them to get money in return.

FORESTING PTON Token & ICO Details

PTON token works as a value determinant for rewarding the participants contributing content to FORESTING. The token does not imply on working like other cryptos which are accessible through mining. The PTON token will be available as per the level of contribution of the participants. Part of it is also expected to be in use to enable users to benefit from FORESTING app.

Parameters Of The ICO

Private Presale: April 2018 till May 2018
Public Presale: July 2018 till August 2018, Price- 1 ETH= TBD
ICO: August 2018 till September 2018, Price- 1 ETH= TBD
Token name- PTON
Blockchain- Ethereum
Model- ERC-20
Token supply- 24,000,000,000 tokens
Available for sale- 9,600,000,000 PTON (40%)

Token Distribution

Token sale- 40%
Team and founders- 25%
Advisors and marketing- 10%
Partners- 10%
Reward- 10%
Reserve- 5%

Milestones

Q1 2018

FORESTING Foundation. Whitepaper v.0.5.

Q2 2018

Whitepaper v.0.8. Yellowpaper v.0.5. Private Pre-sale. Blockchain Structure Planning. FORESTING TECH SUMMIT 2018.

Q3 2018

Whitepaper v.1.0. FORESTING HACKATHON 2018. FORESTING TALK CONCERT 2018. Public Pre-sale. ICO.Platform Alpha Test.

Q4 2018

Local/Int. Exchange Listing.Platform Beta Test.

2019

Open FORESTING Web-version. Mobile App(iOS & Android) Development.

Platform Grand Launching.

Image result for FORESTING Next-Generation Social Media

Team

David Kim

Founder David Kim is an M&A investment specialist and business architecture specialist and accelerating companies in diverse industries from manufacturing to ICT. Currently, he is the Founder of Foresting and the CEO of 500V, an alliance venture company which has over 500 innovative companies based on LIFE and TECHNOLOGY both online and offline.

Daniel Eom

CEO, Co-Founder Daniel Eom is the Co-founder and CEO of Foresting. After graduating from California State University, Los Angeles with the degree of Business and Economics, Dan joined the McKinsey & Company as the business analyst. He used to be the Executive Director of Valuable Accelerator, an accelerating program helping entrepreneurs in Asia expand to new global markets. Daniel has a proven track record of starting companies and making them profitable for investors.

Jimmy Kim

Co-Founder Jimmy Kim is the Co-founder of Foresting who is also the CEO of 500V2 and Startup Radar, a global tech media company with more than 100,000 subscribers in Facebook. He used to be the VP of Zeroweb, a web publishing company, and a team leader of the Domestic MKT at LG Electronics.

TJ Park

Co-Founder TJ graduated from Ohio State University with Communication major. He started working. He settled at North America Strategic Dept. of Samsung Electronics as the IRO where now he is the CEO of the SR Innovation. TJ is also a member of Co-founder for Foresting

John Yoon

Global MK Director https://foresting.io/res/img/team/gmd-lead-john.jpgJohn Yoon is the Editor in Chief at Startup Radar and has been writing about the Korean Startup/Blockchain Ecosystem for over 4 years with over 600 online articles. He is also the head of operations in Korea for EOS Asia (www.eosasia.one), an All-Star international team representing US, Europe, China, and Korea. He was the head editor at Seoul Space, Korea’s first tech incubator, and co-working space. He successfully launched Startup Festival 2017 (www.sf2017.org), the largest government-sponsored global conference in Asia and Runway to RISE Seoul (www.r2riseseoul.com). He has worked closely with The Ministry of SME’s and Startups as well as KOFAC (Korea Foundation for the Advancement of Science and Creativity).

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