FORESTING

In the early 20th century, the national crisis as the dot-com bubble, 9/11, and the War in Afghanistan, led the American government to enforce low interest rates as part of a strong economic stimulus package.  Although the main purpose of this initiative is to create corporate investment and personal consumption, this causes 
outstanding household loans.  In 2004, it was led to a low interest rates, leaving financial institutions unable to collect loans.  The main financial security companies in the United States, like New Century Financials, went bankrupt.  The scandal has caused a credit crisis worldwide and hurts the real economy.  One of the best known examples of the global financial crisis is the investment bank 'Lehman Brothers' in 2008.

About Forests

Foresting is a blockchain-based social media platform that deviates from traditional social media platform distribution systems.  This has a fair value distribution system for users who are the true owners of the platform.  They send content through blockchain technology and contribute to the platform in various forms.

The Foresting Network consists of the following blockchain-based services:

Social media platforms for communicating and sharing information

• 'FORESTING Platform' is a blockchain-based social media platform that deviates from traditional social media platform distribution systems.  This has a fair value distribution system for users who are the true owners of the platform.  They send content through blockchain technology and contribute to the platform in various forms.

Digital banking services for Foresting participants

• 'FORESTING Bank' is a digital bank for content creators and curators.  The core of the FORESTING Network is the platform users who will be provided and supported by this financial service to create content

Laboratory to support the Foresting community and content creators.

• 'FORESTING Lab' supports the community and marketing activities to activate the FORESTING Network, especially content creators who are the owners of the FORESTING Network.

Each of the three services is separated into their respective functions and roles to meet the core value of the Forestry network.

In the 3rd generation Dapp era, we will move away from centralized platform issues from existing social media, leakage of personal information content and abuse.  We create a new social media ecosystem - SNS blockchain for freedom.

Cellular Application

The mobile application is the user.  Which means means managing the user's private key.

The basic primary key idea is to secure secure space and access it via the local biometric authentication every time the key is used to sign.  The private key remains on the device and there is no way to export the private key outside the device.

The user experience is the best mobile application interaction model.  There are two main actions to interact with blockchain FORESTING using DApp.

1. "Connect": Give uPort identifiers to DApp.  (Or to the Foresting address)
2. "Verify / validate / authorize" interactions by signing transactions with private keys.  Interactions have been designed using patterns found in popular applications such as WhatsApp and WeChat  
   The desktop version of this application shows the QR codes and if users scan this code using Reviews their mobile application, they can enter.

Token Info

The FORESTING Network will be based on PTON Tokens;  an ethereum coin built on ERC-20.  Most problems with PTON 24 Bn tokens will be sold, while the rest will be distributed throughout the ecosystem.

PTON Token 
Platform  Ethereum
Type  ERC20

Price before ICO 1 ETH = 50,000   PTON   price   at ICO 1 ETH = 33,333 PTON

BONUS

+ 50% PTON during Presale. 
Token sold for   9,600,000,000

Investment info

Min.  1 ETH  Investment   
Receives   ETH
Distributed in  40%  ICO 

Soft stamp 90,000 EH   
Hard stamp 170,000 ETH

Roadmap

Q1 2018
FORESTING Foundation. Whitepaper v.0.5.

Q2 2018
Whitepaper v.0.8.  Yellowpaper v.0.5.  Personal pre-sale.  Planning the Blockchain Structure.  SUMMIT TECHNOLOGY FORESTING 2018.

Q3 2018
Whitepaper v.1.0.  FORESTING HACKATHON 2018. FOREST TALK CONCERTS 2018. Public pre-sales.  ICO test. Alpha platform.

Q4 2018
Local / Int.  Register Exchange.  Beta Test Platform.

2019
Open Web Version FORESTING.  Cellular Application Development (iOS & Android). 
Grand Platform Launch.

Team

Advisor

To find out more, please check the link below:

Website:   https://foresting.io/
Whitepaper:   https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
Telegram:   https://t.me/foresting_global
Bounty Thread:   https: // bitcointalk .org / index.php?  topic = 4931943

Username: COB  
Link: https://bitcointalk.org/index.php?action=profile;u=1929500