Foresting

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Hive

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Gifto

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Foresting

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Hive

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Gifto

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What problem does this service solve?

Foresting's goal is to provide incentives for content creators on social media.Hive's decentralized social media platform aims to allow users to share content with greater privacy and less centralized control.Gifto is a blockchain-based virtual gifting network. It can be used with all major social media platforms and provides an additional source of revenue for content creators.

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Company Description

Foresting is a South Korean company that is developing a blockchain-based social media network. Their decentralized platform will provide content creators with incentives for contributing to the network that will be powered by the Ethereum-based PTON token.

The Hive blockchain is an open-source, community-driven blockchain that was created as a fork from the Steem blockchain platform. Hive is a social media platform that was created by a group of Steem community members, after an alleged attempt to monopolize the popular content platform by Justin Sun, the founder of the Tron network. Hive has a DPoS consensus mechanism, with very fast transaction times of under 3 seconds.

Gifto is a decentralized gifting platform for sending virtual items to content creators, gamers, and others. Gifto provides an alternative source of revenue for content creators on the internet, and allows users to send customized virtual gifts across social media channels to anyone. These virtual gifts that can be redeemed for the network's native token GTO token, and then converted to cash.
Gifto builds upon the company's previous success with the Uplive streaming app, that also had a virtual gifting platform. Gifto was one of the first projects on Binance Launchpad, and has gained significant user adoption in China and Taiwain.

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