FORESTING – CREATING A DECENTRALIZED SOCIAL NETWORK

Do you know that the estimated number of people in social media exceeds 3 billion people? Well its even less than I personally expected, I was expecting that since we have over 7 billion people on the planet we did probably have at least 85% that number on social media.

The benefit and level of connection in which social network has provided in this era is so exciting, it is said that social media has taken communication from a vertical social change to a horizontal one. Today very few people still even watch the news because social media which people have now gotten addicted to, provides all the new immediately it touches the ground.

News content and other various content published on Facebook and other social networks are the work of fellow individuals like you and I, and the growth of the industry is owed to them because without these content creators, believe it or not, Social medias would just become a messaging service.

The benefits in which social media has derived from its users hasn’t been just for them, but also for smart phone producers and even network providers. just a couple of days ago a friend was telling me what he wanted to do with his smart phone if he got one and social media was all he was talking about. Many people now purchase smart devices just for the sake of being on social media and experiencing what others are experiencing.

This just goes to show that the industry is a centralized one because despite the billions social media users are bringing to the industry and other industry, no form of reward or appreciation is given to them. This is why foresting amongst other things is creating a social network platform which will be decentralized.

INTRODUCING THE FORESTING SOCIAL MEDIA

FORESTING or the FORESTING platform is a social media platform which is being built with blockchain technology which is set to swerve from the distribution system of the existing social media platforms. This decentralized social media will be providing a fair value distribution system for users who are genuine owners of the platform, while using its blockchain technology for the distribution of contents.

CHALLENGES ASSOCAITED WITH EXISTING SOCIAL NETWORK

The following is a couple of the challenges which have plagued existing social networks till date:

Insecurities: I need emphasis on this fact because it has become common knowledge that even the most popular social network platforms such as Facebook are not immune from cyber-attacks, as they have been known experience it in recent time.
Centralized control of user data: the industry itself is centralized, so it shouldn’t come as a surprise that these social networks sell user data to ad companies without the knowledge and consent of users.
Advert abuse: majority of the existing social media platforms see high traffic as revenue, therefore they do not care the kind of content which is being displayed on their platforms which sometimes are provocative contents.
THE SOLUTION

The FORESTING social network is being created to allow users realize the value of a new life, where people get to share everyday life and get a blockchain based reward and an innovative financial service which will fully support content creators.

The FORESTING network will be made up of 3 departments namely:

Blockchain rewarding social media
Digital banking for platform participants and
A lab which will provide the needed infrastructure to support content creators.
With the use of blockchain, the FORESTING social media platform will possess a revenue chain which will allow users to quantify the content providers contribution, thereby offering rewards using a distributed consensus method.

Users will be rewarded with the platforms crypto token for their contributing to the platform through filming events, news and other relevant content such as liking comments, sharing, writing contents and much more. The user contributions will be evaluated with the use of a contribution assessment model which will be presented by the FORESTING bank.

Also, the platform with the use of the blockchain will provide a secure platform which will be void of every form of cyber attack and also give users complete control over that data while regulating the type of contents uploaded on the platforms using a voting mechanism.

FINAL THOUGHT

FORESTING is at the verge of offering users a new ecosystem which will integrate peoples lifestyles and income into a single mobile app they will love spending time in. people will able to promote their content, chat, perform financial transaction and also get rewarded, I don’t see any better opportunity which beats this at the moment, so I suggest you be a part of the grand breaking innovation before it hits the world with a storm.

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