Foresting vs Hive vs Steemit
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. | Steem is a blockchain-based rewards platform for publishers to monetize content and increase their followings. |
Token Stats
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. | Steemit is a blockchain-based social media platform that incentivizes participation with micro-payments to users and publishers. It was co-founded by Dan Larmimer, who also founded EOS and BitShares. Steemit has gained a significant following and is one of the most important content curation platforms in the blockchain space. Steemit's blockchain-based rewards content and social media platform is powered by the STEEM coin. Their blockchain has a Proof-of-Stake (PoS) consensus mechanism. Steemit also has a third-party decentralized video platform called D.tube that uses STEEM tokens to reward video creators. |