MAINSTREAM FOR THE UNDERGROUND – PROVIDING A REWARDING LEVEL PLAYING GROUND FOR ALL ARTISTS
Most nations authorize a sovereignty installment strategy by means of government direction to protect that Musicians and Artists are adjusted for the utilization of their exhibitions. Like SoundExchange in the United States gathers online communicate installments through a participation framework, for ASCAP, BMI, SESAC Performance Rights Organizations. Expansive online radio systems have adapted this profitable substance with membership frameworks, participation advantages and customary communicate promoting in endeavor to balance the expenses implemented by the laws.
The team have made an open-source online sovereignty installment demonstrate with peer-looked into data accessible worldwide through a circulated record framework. This Dual Token Ecosystem is named as the CyberFM “CYFM” token and named as the “MFTU” token for “Standard For The Underground.”
Both utility tokens are an ERC20 resource enrolled on the ETH blockchain used to make this widespread installment framework that empowers eminences to be gathered for all exhibitions, constantly, all through all nations! The MFTU and CYFM tokens will likewise be utilized at first to compliment fiat installments for online radio participations, credits for in-application buys and enlistment expenses.
These tokens speaks to a “communicate money” that will be utilized within the biological system for audience members, fans and clients. For instance, audience members may win MFTU tokens in a radio challenge, they may utilize the tokens to buy premium participations for melody skipping, on-request downloads, business free streams and different advantages.
The invention of blockchain technology is transforming so many sectors of the global economy, ranging from entertainment, finance, health, Agriculture etc. Due to the transparent, decentralized and trust-less nature of this disruptive technology, many new projects are getting integrated into it on a daily basis. No wonder, THE MAINSTREAM FOR THE UNDERGROUND is taking this huge step of liberating the career of Artist, from those talents that are yet to be discovered to the upcoming, as well as the music stars through the use of a decentralized platform of the cryptocurrencies. It will interest you to know that music cuts across all ages from infancy, childhood to old age. Also, music is represented in every culture, it’s usually described as the food of the soul.
MTFU Tokenized economy
MFTU distributes your music through playing them on popular online radios as well as online music platforms and as a result, encourages musical talents without looking into their caliber. Unlike the past when only musical pieces done by pro artists were played on the above-mentioned platforms, today, through this platform, the upcoming artists have an opportunity to become popular as these platforms make it possible for the songs to be played on popular online radios as well as online music platforms. In the past, only the popular artists gained more popularity hence only they were able to make more money. This demoralized the aspiring and the new artists as it took them time and resources for their songs to be popular. Other than making you popular as a musician, this platform also motivates talents as the aspiring artists have no worries of how their songs would be promoted and distributed. Or that reason, they now have adequate time to compose amazing music that would definitely make their fans happy. After composing and recording, the song is submitted to MFTU and let the platform handle promotion and distribution.
We cannot deny that MFTU platform is making a difference in the music industry as through blockchain technology the platform tends to get rid of the following challenges facing the artists and listeners:
In the past, artists needed a lot of cash for their songs to be promoted and distributed so that they can gain popularity among many people from across the world. This money could only be affordable to pro artists who have acquired money from the platform. On the other hand, this amount was unachievable amongst the new artists hence they were discouraged, and their musical dreams were shattered just like that. Thanks to this amazing and exclusive platform that is offering its services at affordable prices.
Lack of freedom amongst listeners:
In the past, music fanatics were left with no option but to listen to only music played by various radio stations. Streaming music was quite expensive, and in some cases, they were unable to get that favorite music that they were looking for. MFTU platform now enables music lovers to listen to a wide range of music. Other than listening on online radios, they can now stream and listen to their favorite music on various online music platforms.
MFTU is introducing a dual-token policy whereby users can only access their services using CYFM tokens as well as MFTU tokens. This will enhance their experience as this will protect them against fraud as well as criminals.
Marketing was one big issue that many artists were unable to afford. This is because they had to part with a lot of cash just to promote their songs. MFTU platform now promotes your songs by playing them frequently on radios and online music platform making them popular not only within your locality but to the rest of the world as well.
It is evident that MFTU is making a difference in the music industry as it offers ready and amazing solutions to all your problems.
By way of concluding, Artists are now aware of the challenges they face to get their music to be heard, through this they have formed groups that support each other, collaborations, independent records that support artists and internal supports between industry participants, its time for the community to join hands and support the artists through curating their music and giving them a platform where we can be able to build a relationship to the artists we love. MTFU is a platforming that empowers us and the artists in a decentralized environment that is secure and transparent allowing the community to join hands and make the entertainment industry great again.
Wіth thе MFTU protocol whісh іѕ dеѕіgnеd tо buіld thе fееlіng of community аmоng аll uѕеrѕ, thіѕ mоtіvаtеѕ uѕеrѕ and mеrсhаntѕ аlіkе tо еxсhаngе сurrеnсу, еxсhаngе іdеаѕ аnd еvеn rеndеr services within thе рlаtfоrm thuѕ helping thе movement for dесеntrаlіzаtіоn grow аnd dеvеlор mоrе. At thе same tіmе соmіng to thе aid and assistance of іndереndеnt аrtіѕt whо hаvе had рrоblеmѕ іn the past with thе рауmеnt of rоуаltіеѕ.
In conclusion, the MFTU utіlіzеѕ the Ethereum platform tо make rоуаltіеѕ rеtrіеvаl роѕѕіblе fоr independent artist irrespective оf bоdу membership status.
I downloaded the application, and I was hooked! I have ditched my music player. Well, don’t take my word for it, head over to GOOGLE PLAYSTOREand APPSTORE to download it and have a first-hand experience of MTFU; Radio Online!
For more information:
- Website: https://mftu.net
- Whitepaper: https://mftu.net/site/whitepaper/
- Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4511705.0
- Blog: https://mftu.net/site/blog-2/
- Discord: https://discord.gg/gXneMAr
- Twitter: https://twitter.com/mftu_currency
- Telegram: https://t.me/mftudotnet
Author of this article:
- Bitcointalk Username: doktor1897
- Bitcointalk Profile Url: https://bitcointalk.org/index.php?action=profile;u=841906
- Telegram Username: @galaxing
- My Eth: 0x9119E1338782C7B9D6Dfe2F579FddC6153FE8397