SNS Blockchain Startup Foresting Selected for the INAK Social Contribution Award

INAK Social Contribution of 2018 Award

The ‘INAK Social Contribution of 2018’ award sponsored by the Korea Internet Newspaper Association will be presented to SNS Blockchain startup Foresting CEO Daniel Eom.  In addition, the award ceremony will take place June 5th (Tuesday) at 2 pm at the National Assembly Hall.

The 2018 INAK Social Contribution Grand Prize winners are selected from the following categories.

Contributions to….

  • national development and local development
  • social contribution
  • human rights improvement
  • the legal field, economic field, or medical field
  • science development
  • education

Foresting, which was selected for the  IT merit award, is a company providing SNS platform based on blockchain technology.  In addition they have already gotten a lot of attention in the SNS industry in Korea.  Korea has been very vocal in their demand to have a Steemit platform to call their own.

“I am very pleased to be selected as a ‘2018 INAK Social Contribution Award’ IT achievement target, and the core value of FORESTING is ‘to work four hours a day, communicate with the world, and manage my life’ And I will do my best to contribute to society. ” Said Daniel Eom.

Foresting wants to create an SNS ecosystem that allows content creators to be able to live their lives while also getting economic rewards.  Therefore, their goals are for content creators to work only four hours a day through Foresting.  Therefore, they will be able to have a lot more free time.  That is one of the main issues in Korea.  Many Korean workers work long past their working hours.  They sacrifice their time for their company.

Foresting Tech Summit 2018

For those interested in learning more about Foresting, they will be holding an event called “Foresting Tech Summit 2018.”  The event will be held at Dynasty Hall in Seoul on June 7th.  There you can not only learn about their SNS platform but also their other services such as “Foresting Bank”, a digital bank service for the site’s users and “Foresting Foundation”, which will use Blockchain technologies for social change through Foresting contributions.

John Yoon

John Yoon is the Editor in Chief at Startup Radar, Organizer for Startup Festival 2017, Head of Operations Korea at EOS Asia and the Global Marketing Director for Foresting.io. Email = john@startupradar.asia if you are interested in guest contributing and helping the Korean startup ecosystem. Wechat, Kakao, and Line user ID is jswy315

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