About the Cyber ​​FM Project

in #bitcoin6 years ago

As anyone familiar with the music industry knows, royalties are made in almost every country through government regulation. The reason for this is to ensure that musicians and artists are compensated for the use of their performances. To benefit from these royalties, a member of the organization must exercise the right of accreditation (for example, SOCAN in Canada and SoundExchange in the United States, collecting online payments through the system. Many organizations charge interest for these payments to artists, large online radio networks that broadcast music by making use of subscription systems, membership privileges and traditional advertising.

Cyber-FM challenges this online radio model in many ways. First, Cyber-FM Radio has become a leader in the past 10 years in providing listeners with access to music that is not normally available on free radio. Now, it is working with Mainstream for the Underground (MFTU) to add a new system in which all people (listeners and artists) are rewarded with a tag for each song they listen to. MFTU uses an open source online payment model that functions worldwide through a distributed blockchain system. In order to operate globally while negotiating different government regulations, the system uses a dual-token CYFM token and the MFTU token. Both tags are built on ETH blockchain,
The CYFM token represents a compliant cryptocurrency for artists currently registered locally in their country. It will be used to pay for government regulatory agencies around the world. This means that CYFM tokens will not be fully decentralized as it will be subject to legal requirements in different countries. The MFTU is similar to CYFM, but it is architecturally decentralized and thus represents a truly internationally accepted, transparent, fair, legal and encrypted system of copyright. independent artists. Any artist can register with MFTU, broadcast music on Cyber-FM and receive royalties in the MFTU token regardless of individual members who come to the rights organization operating in their country.
Cyber-FM Radio is a thought leader in providing listeners with access to music that is not commonly available in "mainstream."

Chosen over the years by A & R Companies, Recording Studios, and Labeling Labs, we provide our creative services directly to the listeners at no cost.
Established on October 11, 2007, we have built up our reputation in the music industry by providing our listeners an artist who exhibits an unprecedented talent. available until now.
Mainstream For The Underground
A rights organization organized by Ledger Distributors. A dual-token economy for Radio as well as Mainstream and independent artists!

Brookhaven Headquarters , New York

Established in
2007

Type of Company
Private

Company size
11-50 employees

Specialty
Broadcast Radio, Media Sales, Network technology, web-based solution, online radio, organizing rights and electronic money activities

Trang web: https://www.cyber-fm.com/?utm_source=bounty
Telegram: https://t.me/mftudotnet
Linkedin: https://www.linkedin.com/company/cyber-fm
Facebook: https: //www.facebook.com/cyberfm

Author : erwin_ibrahim
Bitcointalk profil link : https://bitcointalk.org/index.php?action=profile;u=1061924
ETH address : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c

Coin Marketplace

STEEM 0.31
TRX 0.12
JST 0.033
BTC 64605.91
ETH 3159.61
USDT 1.00
SBD 4.11