There is an issue we currently face in this technological era and this issue is the violation of data. Ever wondered how most of the big companies we have now generate their revenue; companies like facebook, Twitter, Instagram and other companies within the same sphere. We tend to think that these companies are actually very useful in our day-to-day living, well they are to an extent but really they are more interested in growing and generating even more revenue so even though they are actually useful to users, they do not exactly have our best interest in mind. Just imagine the number of contents users post on these platforms on a daily basis and yet these platforms tend to exploit that for their gain and users get nothing but violated. This trend cannot be allowed to continue hence, the Foresting Platform.
Foresting is a new blockchain project that is focused on putting a stop to the violation of the users of the platforms highlighted. Foresting is focused on stopping the unconsensual use of users' contents and data by encouraging better content creation. Foresting is not the first platform of its kind, there are other platforms that are also directed at solving this violation of users' content but Foresting is not like any of the other existing platforms.
We constantly have different blockchain social media platforms being created with the aim of ensuring the violation of data by non-blockchain social media platforms are discontinued and below are some of the features that make Foresting unique and different from all other platforms in the same class.
THE FORESTING NETWORK AND NETWORK FEATURES.
The Foresting network was created to realise the value of a new life; this network incentivices by rewarding content creation and providing an adequate distribution system for content creators within the platform.
FORESTING BANK
The Foresting Bank provides financial supports needed by users for creating contents. The users of the Foresting Platform can contribute to the creation of a content in several ways; by actually creating contents, liking contents, commenting or sharing contents. All these contribute to the creation of a content within the Foresting Platform.
FORESTING LAB
The Foresting Lab supports content creators who are interested in creating contents and posting them within the Foresting Platform.
Thanks to Foresting, an end can finally be put to the violation of users' data and contents by social media companies. The exploiting of users on social media platforms should come to an end and users should have a say in how their contents are being used, they should have total control over contents created by them and should be rewarded for the use of such contents; this is what Foresting aims at ensuring.
The Foresting Token and ICO Details.
The Foresting Token is the PTON. PTON is of the ERC20 token standard with a total token supply of 24,000,000,000 PTON from which 40% which is equivalent to 9,600,000,000 PTON is allocated to the tokensale, 25% is allocated to the team and founders, 10% is allocated to the advisors and marketing, 10% is allocated to the partners, 10% is allocated to rewards and 5% is allocated to reserve.
The ICO runs from August 2018 to September 2018.
Useful Links.
Website: https://foresting.io/
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
Telegram: https://t.me/foresting_global
Bitcointalk: https://bitcointalk.org/index.php?topic=4931943
Writer's bitcointalk username: kitanodebunmi
Writer's bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1298583
