The sole objective of creating the Foresting Bank which is an online bank aimed at supporting Content creators, was to aid the financial services that are required by users so that they can fully focus on creating the content at the center of the FORESTING Network.
Participants can contribute to the FORESTING platform through a variety of activities, including creating and providing content, writing comments, liking, and sharing.
The contribution of users is evaluated using a new contribution assessment model presented by FORESTING Bank. Users will be provided with a variety of financial services depending on the contribution level on the platform which is based on the level of their connections, the quality of their content, coin acquisition, and transactions.
Members can improve their credit ratings just by working on social networking sites, and have an amazing experience with broader economic potential. Users could not fully focus on content creation before.
Some were categorized as self-employed or had to suffer economic difficulties such as low income. Financial services from existing banks are based on income, money transactions and credit ratings. Therefore this platform will lead to better content creation, enhance the quality of the content across the FORESTING platform, and ultimately lead to a virtuous circle structure that extends the rapid expansion and impact of the FORESTING platform.
FORESTING Lab on its own as a branch of the FORESTING network aims at providing infrastructures for communities who participate in the FORESTING Network and support content creators who want to make content and post on the FORESTING platform.
The FORESTING Lab runs an offline collaborative space for FORESTING users. FORESTING’s collaborative space is accessible to any participant in the FORESTING Network and is used fully to expand the FORESTING Network and develop the community.
This space provides a place for the users at the core of the FORESTING Network to create higher quality content, along with the equipment needed such as cameras, microphones, lights, speakers, and instruments.
Users no longer have to give up being a content creator because they cannot afford the space or equipment to create the content. By doing this, FORESTING will be able to offer high-quality content and build a stronger and more efficient online business community.
The FORESTING Network was created to realize the value of a new life in our society: "Work four hours a day, share everyday life, and manage your life."
It will most definitely bring about a value shift of 'labor' in the existing society. It will be completed with the blockchain based rewarding social media and innovative financial services to fully support content creators.
And to borrow a quote from the man who properly understood the system of business, cryptocurrency, the online business market and fair contracts, John Rawls: "Among the essential features of this situation is that no one knows his place in society, his class position or social status, nor does any one know his fortune in the distribution of natural assets and abilities, his intelligence, strength, and the like.”
More Info:
Website: https://foresting.io/
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
Facebook: https://www.facebook.com/forestingHQ/
Twitter: https://twitter.com/foresting_io
Telegram: https://t.me/foresting_global
Author by Harrison White
https://bitcointalk.org/index.php?action=profile;u=2154973
Ethereum address: 0xEB4c68d47A2Bf17df5BD8995da75DDFCa7117435
Bitcointalk username: Harrisonnn