SEOUL, South Korea, March
20, 2019 /PRNewswire/ -- Foresting
HQ, developer of a new reward-based lifestyle social media
platform, FORESTING, announced that PTON token, FORESTING
cryptocurrency, will provide online purchase of mobile coupons, and
the system is to be integrated after platform launch in April.
Customers will be able to pay with PTON for mobile coupons and use
them in more than 60000 offline stores such as GS25, Tous Les
Jours, Lotte Cinema, Starbucks, and other stores all over Korea. If
successful, Foresting HQ will become one of those few blockchain
start-ups that enhance offline usage of cryptocurrency.
However, PTON token is already known as an offline payment
method. Decentre, blockchain café located in Gangnam, Seoul, uses "CoinPresso", coin payment system,
which allows the purchase of beverages or coffee with PTON token.
Anyone, who holds PTON tokens, can easily pay for any coffee or
beverage using Foresting Wallet, Bitberry wallet, or cold wallet,
Ledger.
One of the ways to earn PTON tokens is FORESTING, reward-based
lifestyle social media platform. In the meantime, existing social
media has gained tremendous advertising revenue using the traffic
of millions of users. Recently, there has been a growing interest
in independent media centering on the Insta influencers.
Unfortunately, only a small part of it is profitable. After all,
there is still an irrational allocation of revenue between content
creators and service providers. Unlike traditional SNS platforms,
FORESTING content creators are being rewarded by other users. On
FORESTING users can BEAT (like) others' content in addition to
posting content to the platform and getting rewards in PTC, PTON
Credit, which can easily be exchanged for PTON. Besides, BEAT is
apportioned between the user and content creator.
One more FORESTING feature is SHOOTING. It is created to support
content creators and refers to the act of donating PTC to another
user. In comparison with BEAT, 1 BEAT is automatically provided for
each user every 2 hours. Through these activities, content creators
can focus on creating valuable content through donations without ad
revenue.
All mentioned above usages of PTON token create a strong token
ecosystem, that can achieve economic alignment amongst network
participants, confidently secure itself against attack vectors and
demonstrate a high degree of decentralization and token utilization
(rather than speculative trading).
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SOURCE Foresting HQ