The advent of smartphones has significantly made our world shaped by social media. A world where information can be propagated to every corner of the globe at the speed of light, huge thanks to the likes of Facebook, Twitter, Youtube, Pinterest, Instagram, LinkedIn and SnapChat.
The social media powerful influence in the digital age cannot be over-emphasized, bringing about tremendous societal changes, be it in cultural, entertainment, economic and political space.
However, the inherent potentials associated with the mass media’s paradigm shift from printed to digital form has been eroded by centralization. As a result, the social media industry has became gaged by few companies dictating its information dissemination.
Unfortunately, this has created an ecosystem fraught with information theft, data abuse, unfair revenue distribution and many other challenges associated with the traditional social media platforms.
In view of these impediments, a blockchain company, #FORESTING was conceptualized anchored on the grounds that the industry is broken and as such, ripe for disruption .
By offering a social media platform powered by blockchain technology, #FORESTING will ensure efficiency and profitability conspicuously missing in today’s social network.
ABOUT #FORESTING
#FORESTING is a decentralized social media platform designed to connect and interact with friends and loved ones seamlessly.
In the mission to eliminate data leakages and unfair reward distribution system caused by over-centralizaton, #FORESTING has designed an advanced platform with the following features:
•••A Decentralization Ecosystem
•••An Uncompromisable Platform
•••Fair Rewards For Content Creators
•••User Data Protection.
•••A Blockchain-Powered Ecosytem.
TOKEN DISTRIBUTION INFORMATION
#FORESTING is a project anchored on transparency, and as such, have publicly made available a fund distribution template on the proceeds realized during the ICO sale. See it below.
**40% of the fixed supply is available for the token sale.
**10% are reserved for Advisors & Marketing activities.
**10% goes for reward activities
**25% is spent on the team members’ salaries & compensations
**5% are kept for future development of the platform.
THE TOKEN ( PTON)
The decentralized social media platform, #FORRESTING will be powered by the native token, PTON.
PTON is an ERC20 standard based token issued on the Ethereum blockchain, to ensure stability, and consequently, wide usability.
Given its seamless and lightening- speed P2P transaction process features, PTON will be used for all payments on the platform including the comment and like compensations. Furthermore, the token will be made available in the major crypto exchanges such as Binance, Bittrex, Bitfinex and more to ensure substantial liquidity .
TOKEN ECONOMY
Token Symbol = PTON
Token Platform = Ethereum
ICO Price = 0.015 ETH
Amount For Sale = 40% of the Fixed Supply( 9Billion PTON)
Total Token = 24 Billion PTON
Accepting Currencies = ETH
Token Sale Duration = 9/10/2018 –10/10/2018 .
There are no restricted countries and KYC is compulsory .
THE TEAM
The #FORESTING’ s backroom are staffed with first-class innovators led by Daniel Eom, a visionary and result-driven entrepreneur with near-perfect track records in the startup scene.
Given a team of experts who have distinguished themselves in the field of Digital Advertising Technology, Computer Programing, Social Media Technology, Software Development, Blockchain Technology, Business Administration, Blockchain Technology and other areas of human endeavour, its ability to transform the social media industry is a no-brainer.
For more information, visit these links:
Website: https://foresting.io
Whitepaper: https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.81.pdf
ANN: https://bitcointalk.org/index.php?topic=4892280.msg44048686#msg44048686
Bounty : https://bitcointalk.org/index.php?topic=4931943.0
Telegram: https://t.me/foresting_global
Author
Arinze280
https://bitcointalk.org/index.php?action=profile