What is forestry? Foresting (PTON) is a community-driven blockchain project focusing on decentralized social media and Web3. cryptocoin.com In this article, we answered questions such as what is Foresting, what it offers, what is PTON, what it does, how to get it. Let’s take a look at this project together, built on networking, interaction, and connection.
What is forestry?
Traditional social media platforms work with a completely centralized structure. In addition, it allows various content producers to generate income at certain rates. However, these networks pay the creator a very small amount based on their own earnings. It also uses users’ data to show them customized ads. Controversies such as data privacy and social media monopolization are among the main issues Web3 aims to change. Foresting is a project that aims to solve these problems.
Basically, Foresting is a decentralized social media platform built on Blockchain technology. Users can interact with other users within this platform. The Ethereum-based platform consists of a Forest (community) working on concepts such as networking and connectivity. The ecosystem has a number of advantages such as monetizing users’ social media posts. The entire platform is more about content creation and monetization.
What does Foresting offer?
One of the biggest problems in social media is the transparency of data. Users often do not earn returns for their content. While some users may earn revenue, only the top 5% of content pages are covered. With Foresting, users leverage cryptocurrency technology to get paid for their content. Foresting’s system focuses more on content creation and user voting system.
This is better than traffic content evaluation on traditional social media platforms and allows them to share information in a decentralized way. Foresting appeals to those who are interested in social media platforms and want to profit from it. It’s also notable for not selling user data for ads. It supports all kinds of videos, texts, images and live streams and creates a social network based on a content-oriented rewards service.
What is PTON? What does it do?
PTON is the native cryptocurrency of the Foresting ecosystem. This ERC-20 token is the only means of payment used to reward users. Accordingly, users obtain PTON at certain rates by producing content, interacting and connecting within the social media platform. The amount of tokens obtained depends on the size of the interaction and the historical data of the account. However, the token also allows for decentralized management of the ecosystem.
What is forestry? How to get PTON?
PTON is not currently traded on any cryptocurrency exchange. Therefore, users who want to invest in the Foresting project should visit the project’s website. Visiting users can follow the purchase steps on the site.
