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We have created an open-source online royalty payment model with peer-reviewed information available worldwide through a distributed ledger system. This Dual Token Ecosystem consists of the CyberFM (CYFM) token and the MFTU token, which stands for “Mainstream For The Underground.”
The MFTU Token represents the world’s first digital, fair, legal, and cryptographic Performance Rights Organization for Independent Artists, protecting their rights and payments globally.
Both utility tokens are ERC-20 assets registered on the Ethereum blockchain. They form a universal payment system that enables royalties to be collected for all performances at all times across all countries. The MFTU and CYFM tokens will also initially complement fiat payments for online radio memberships, in-app purchases, and registration fees.
This ecosystem represents a universal, international currency that will compensate artists and performers worldwide, regardless of their membership in a Performance Rights Organization.
However, additional perks, rewards, and income will be available to those who fully adopt our system.
Both the CYFM and MFTU tokens serve as a “broadcast currency” within the ecosystem for listeners, fans, and users. For example, listeners may win MFTU tokens in a radio contest and use them to purchase premium memberships for song-skipping, on-demand downloads, ad-free streams, and other benefits.
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