Foresting vs Steemit vs Rapids
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. | Rapids' goal is to create a decentralized payment network that can be used across social media platforms. |
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. | Rapids is developing a blockchan-based payment system that can be used across social media platforms. The Rapids Network has a Proof of Stake consensus mechanism, and is powered by the RPD coin. |