Social media are very common. Every day millions of users post on social media, share their experiences and impressions. All these actions are a valuable resource that each of us shares without even knowing about it. On the other hand, those who see content creation as their source of income often face problems.
The Foresting service has set as its goal to make a significant contribution to the development of the structure of social media and create a platform that will be open, fair and diverse.
The concept, which originated in the west, offers users one simple idea - to transfer communication and entertainment to the Internet. Almost a complete pioneer in this area was the social giant - Facebook. Initially, the company sought to attract as many people as possible to its site. For this, a variety of content and all sorts of additional services were created within the social media themself.
However, everyone remembers the scandalous news about the loss of personal data of eighty-two million users of the network. The reason for such incidents is the centralized method of storing information. When all the data is in one single repository - sooner or later, it will be stolen.
Strange as it may seem, social media create a second vulnerability for themselves. In order for projects to generate revenue, they add a large amount of advertising and affiliate programs. This advertising begins to significantly affect the quality of content, and sometimes even completely destroys it. Now even new and underdeveloped sites are already at the start replenishing their projects with a lot of advertising and monetization. At the same time, a user who wants to view interesting materials is forced to view only such low-quality content.
The third negative factor is the large social impact of social media. Now, even in the news, they are talking about various publications of prominent political figures. Presidents have their own accounts on Twitter. All this makes entertainment sites a tool for managing people's opinions and provocative content hinder the normal viewing of materials.
The Foresting team proposes to eliminate all these negative factors and create a high-quality content social media so that anyone can easily view the materials he wants to see. In addition to this, users will be rewarded for extending the data of the Foresting platform.
The directions that Foresting is going to develop:
Each blogger, writer or any other content creator will be able to monetize his achievements and thus maintain his financial condition. Typically, authors are very limited in funding because sponsors or advertisers don’t like the project that a content-maker offers. The Foresting platform will create a rating system that will not depend on external financial factors and try to make a product that will be evaluated by the platform community.
Foresting platform tools:
In total, it’s planned to issue 24 billion tokens. 40% will be available for purchase as a part of the ICO. 25% will be distributed between the team and the Foresting advisors. The project partners will receive 10% of tokens. Another 10% of tokens are in reserve to reward users who makes a useful contribution to the development of platform content. Marketing costs and bounty campaign also require 10% of tokens. The remaining 5% of tokens will be in investment reserve.
Now the direction of the development of content is one of the most promising. It’s very important, having created such a trend as free and accessible content, not to lose the thread of the concept and to move correctly in this segment. The Foresting platform takes the right steps, because quality content will always have its own audience. And given that the platform can become a workplace for many content makers- its prospects are really impressive.
You can find more detail on the official web-site: https://foresting.io
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
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