One day a friend said, "at the mention of blockchain technology you will see endless possibilities". That's certainly true, many platforms have witnessed a new revolution all thanks to blockchain technology.
An appropriate comprehension of blockchain technology has helped numerous developers or Individuals with the appropriate knowledge to make exceptional developments which are straightforward, dependable and solid of which one of such venture or development is MFTU (Mainstream For The Underground) and CYBERFM.
They represent different tokens inside a similar ecosystem. This project was created to add more excellence to music, the manner in which it's advanced and so on. Music recently has been promoted via the use of smartphones and the Internet, thus reaching far and wide.
Music most occasions can be viewed as the sustenance of the spirit; attributable to its significance and the need to energize artists into making more great music most nations actualized royalty payment strategy which is appropriately managed, thus consequently guaranteeing Musicians and Artists are compensated for their endeavours. This, over the long run, drove radio systems into adopting or monetizing most music which is of great value in order to counterbalance the charges implemented by the regulating authorities. This most times comes in enrollment or membership perks etc.
WHY CYBER AND MFTU?
As prior specified, CyberFM and MFTU represents various tokens yet utilized inside the same ecosystem to advance music, artists and musicians. These potential artists will have the capacity to get indistinguishable reach from mainstream artists achieved through CyberFM algorithm which plays the tunes by these new artists alongside the similar sort with mainstream artists.
Furthermore, keeping in mind the end goal to get a wide view and additionally the required audience, MFTU comes to play by making it possible for the fans of CyberFM Radio to easily locate these upcoming artists as well as alerting followers of these new artists anytime a new song is released.
WHY BLOCKCHAIN?
The blockchain is vital to CyberFM and MFTU ecosystem as it guarantees the ecosystem is decentralized and furthermore empowers the production of the related tokens which can be utilized by anybody, over the long haul prompting a cryptocurrency powered platform, digitally and legally compliant, and also fair in all dealing with its users.
Also, in order to protect the rights of artists as well as making sure their payment is duly processed led to the Implementation of a " Distributed Ledger Performance Right Organization".
Moreover, CyberFM broadcast airtime was additionally actualized in order to boost and incentivize MTFU artists with assurance for a wide audience which comes with no fee.
CYFM AND MFTU TOKENS
Like earlier stated, the ecosystem has two tokens which are both ERC20 utility token based on Ethereum blockchain;
- CYFM (CyberFM): Just as in the case of SOCAN in Canada, CYFM is a cryptocurrency used by artists which is complaint to the stated rules within a particular setting. It has a total supply of 100,000,000.
- MTFU (Mainstream For The Underground): MFTU is utilized globally unlike the CYFM, it is the world's first lawful digital money, transparent, fair and utilized for "Performance Rights Organization and Reward System For Independent Artists".
MTFU fundamental target is to secure the rights and payments of artist around the globe and it has a total supply of 1.4 billion.
Both tokens can be used to create a global payment system thus making it possible for royalties to be collected effortlessly, also used for paying a membership fee, registration fee etc.
CONCLUSION
In order to make it possible for users to have a better feel of the platform, a mobile application was created which is available both on Playstore and App Store.
CYFM and MFTU token are used within the ecosystem to reward artist irrespective of their location or their Individual Performance Right Organization, while full members of the ecosystem will have access to additional income, perks and rewards.
Individuals can register to be members of MFTU artists through the following steps;
a. Subscribe to the newsletter,
b. Submitting the required form made available,
c. Tune in, thus being welcome to the MFTU platform,
d. Staying in touch by following on the available social media accounts.
TO BE INFORMED ABOUT MFTU AND CYBERFM
Visit;
Website: https://mftu.net/site and https://cyber-fm.com
Whitepaper: https://mftu.net/site/whitepaper/
ANN Thread:https://bitcointalk.org/index.php?topic=4511705.0
Join the Community;
Telegram Group: https://t.me/joinchat/EgF1dkxE_N0efcR_ff5gYA
Twitter: https://twitter.com/mftu_currency
Facebook: https://www.facebook.com/cyberfm
Bitcointalk: Aemma
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2328723