Foresting vs Steemit vs Gifto
What problem does this service solve?
Foresting's goal is to provide incentives for content creators on social media. | Steem is a blockchain-based rewards platform for publishers to monetize content and increase their followings. | 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. |
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. | 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. | 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. |