Foresting vs ReddCoin vs Steemit
What problem does this service solve?
Foresting's goal is to provide incentives for content creators on social media. | Reddcoin will allow users to send and receive crypto payments as tips on existing social media networks. | 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. | Reddcoin is building a digital currency platform that can be integrated with major social media networks. It will allow users to send and receive crypto as tips for sharing content. Reddcoin uses a minting process instead of mining and has a Proof of Stake Velocity (PoSV) consensus mechanism. . | 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. |