MAINSTREAM FOR THE UNDERGROUND – PROVIDING A REWARDING LEVEL PLAYING GROUND FOR ALL ARTISTS

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Warm greetings to you all my loyal friends, Hello in my article this time I would like to introduce to you an amazing project known as project MFTU.
MFTU has a goal to protect the development of music in the future, because of the rise of piracy and also various multiplying legality, making the more sad the fate of the people who work in the field of music. This project provides a permanent resolution to the gaps that threaten the future of the music industry.
The MFTU Token represents a truly digital, fair, and cryptographic Criteria Performance Organization for Independent Artists. Protect their rights and payments throughout the world!. Smart Contract token MFTU will implement the ERC-20 standard using OpenZeppelin libraries that have been tested and reviewed and audited thoroughly by professional experts at Quantstamp.
The Internet and mobile devices have changed the development of music in announcer throughout the world. In the spreader area creations music, an artist or musician is no ordinary payment method called royalty through intermediaries the Government as a reward or award on show music or creative they already show.
In the expansion, the very traditional way because in addition to involve third parties, all royalty is not carried to the artists as well as musicians. In addition many obstacles such as the laws that govern.
Therefore, the MFTU project created a model of the online royalty payments using blockchain technology which is placed above the ethereum decentralized network. To smooth his net project, supported by the binary token MFTU named “CYFM” (CyberFM) and “MFTU” as a token than the MFTU itself.

PROBLEMS

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.

SOLUTIONS

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 BLOCKCHAIN INTEGRATION
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.
THE TWO UTILITY TOKENS
in this project CYFM tokens and MFTU plans will be used as a universal payment instrument accepted in the International and will be closely monitored. However, this token does not have the role of profit and success of Cyber FM company and also this Token is not sold on CyberFM site or in other words there is no Initial Coin Offerings (ICO)
The two tokens (MTFU and CYFM) are used in creating a global payment and reward system. They can also be used in paying as loyalty rewards to the artist for every performance all the time across the globe. The two utility tokens will also be used for online registration for radio membership and other forms of registrations.
MAINSTREAM FOR THE UNDERGROUND has been running an online Radio for about 10 years now, since 2007, they are not new, and rather they only nursed and executed a new idea that will promote music and Artist globally, and get it integrated into the blockchain. This idea, in my opinion, has brought breakthrough and a great relieve to the entire Artist and music industry globally, as they will be given a level playing ground on a decentralized platform and also get paid for their performance.
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MTFU is a decentralized platform that empowers underground and independent artists breaking the barriers they face that include getting airplay, signing records deals and commercial support. IN order to make this happen MTFU has tokenized its economy to be able to tap decentralized talents all over the globe, through the decentralization aspect the tokens will be used to support artists globally through a transparent and fair system secured by blockchain technology. MTFU represents a dual token economy that is meant for Radio and to support Mainstream and Independent artists.

MTFU Tokenized economy

MTFU has tokenized its economy through dual mode to be able to support the artists and also give them a medium where they can get airplay for their creative work. Tokenization will allow music and to support their favorite music, the tokens will allow the artists to market their music engage their fans in a relationship that is mutual for both parties. Music fans will be able to curate the entertainment scene eliminating the need of third-party organizations such as music record labels that have commercialized the music scene.
MTFU are still in their early stages of development and we will see more tokens ability aimed and making the entertainment scene decentralized and artists having a platform to support their work, MTFU is a platform that is dedicated on promoting underground artists and shape the future of the entertainment industry.
MTFU has a brand-new website https://www.mftu.net where artists will be able to upload their music in an environment that doesn’t discriminate and the process is fair and transparent, the artist will be able to earn rewards for their creativity and the platform aims to distribute revenue generated to all registered artists automatically. With the adoption of the platform, the value of the rewards will increase over time due to the scalability ability of blockchain technology used on the platform.

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:

Cost:

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.

Fraud 

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

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.

Conclusions

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.

MTFU is is a platform that shifts power from commercial records rebel and giving them back to the community and artists, this is a great project for all music fans. I have included a progress chart of the project to allow you to follow through on the platform development.

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!

So do you #indie, or are you an #indieartist or do you enjoy #indiemusic?#MFTU is here to promote the #undergroundartist#DoYouMFTU

Team:
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