FORESTING

tongkol

FORESTING

In the early 20th century, national crises such as the dot-com bubble, 9/11, and the War in Afghanistan, led the American government to enforce low interest rate policies as part of a strong economic stimulus package. Although the main purpose of this initiative is to create corporate investment and personal consumption, this causes

outstanding household loans. In 2004, it led to a halt to low interest rates, leaving financial institutions unable to collect loans. The main financial security companies in the United States, like New Century Financials, went bankrupt. The scandal has caused a credit crisis worldwide and hurt the real economy. One of the best known examples of the global financial crisis was the fall of the investment bank ‘Lehman Brothers’ in 2008.

About Forests

Foresting is a blockchain-based social media platform that deviates from traditional social media platform distribution systems. This provides a fair value distribution system for users who are the true owners of the platform. They send content through blockchain technology and contribute to the platform in various forms.

The Foresting Network consists of the following blockchain-based services:

Social media platforms for communicating and sharing information

‘FORESTING Platform’ is a blockchain-based social media platform that deviates from traditional social media platform distribution systems. This provides a fair value distribution system for users who are the true owners of the platform. They send content through blockchain technology and contribute to the platform in various forms.

Digital banking services for Foresting participants

‘FORESTING Bank’ is a digital bank for content creators and curators. The core of the FORESTING Network is the platform users who will be provided and supported by this financial service to create content

Laboratory to support the Foresting community and content creators.

‘FORESTING Lab’ supports the community and marketing activities in addition to the platform to activate the FORESTING Network, especially content creators who are the owners of the FORESTING Network.

Each of the three services is separated into their respective functions and roles to meet the core value of the Forestry network.

In the 3rd generation Dapp era, we will move away from centralized platform issues from existing social media, leakage of personal information content and abuse. We create a new social media ecosystem – SNS blockchain for freedom.

Cellular Application

The mobile application is a tool used by end users to interact with their uPort. Which in principle means managing the user’s private key.

The basic idea for a user’s primary key is to place it in a secure isolated space and access it via local biometric authentication every time the key is used to sign. The user’s private key remains on the device and there is no way to export the private key outside the device.

User experience is the main consideration of the design of this mobile application interaction model. There are two main actions to interact with blockchain FORESTING using DApp.

“Connect”: Give uPort identifiers to DApp. (Or to the Foresting address)
“Verify / validate / authorize” interactions by signing transactions with private keys. Interactions have been designed using patterns found in popular applications such as WhatsApp and WeChat
The desktop version of this application shows QR codes and if users scan this code using their mobile application, they can enter.

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