The CYFM and MFTU tokens are a “broadcasting currency” that will be used within the ecosystem for listeners, fans and users. For example, listeners can win MFTU tokens in a radio contest, they can use tokens to purchase a premium membership to skip songs, download on demand, commercial free streams and other benefits. The CYFM Token represents regulatory compliance in digital form for artists that are currently registered with local representation. Examples include BMI in the U.S. and SOCAN in Canada. The CYFM Token will be used at all times for payment to all government regulation agencies worldwide.
HOW CYBER FM(CYFM) WORK
This work system allows radio broadcasts to be heard around the world as long as the listener has an Internet device. This is why many expatriates who use Internet radio have a feeling of lack in their home country. In Indonesia, most Internet radios are working with the analog radio systems of terrestrial radio stations to extend their broadcast reach. Internet radio services are accessible from any part of the world. For example, people can listen to Indonesian radio stations from Europe or America. However, there are also networks such as Clear Channel in the United States and Chrysalis in the United Kingdom, which limit their own national programs due to licensing issues for certain types of music and commercials.
The CYFM Token represents regulatory compliance in digital form for artists that are currently registered with local representation. The CYFM Token will be used at all times for payment to ALL government regulation agencies worldwide. The CYFM and MFTU utility tokens are ERC20 items listed on the ETH blockchain and are used to create this universal payment system that collects royalties for all shows at any time throughout the country! MFTU and CYFM tokens are also primarily used to complete fiat payments for online radio membership, credit for in-app purchases, and registration fees.
TOKEN UTILITY
They have created an open source online royalty payment model with information reviewed by co-workers around the world through a distributed ledger system. The Double Token ecosystem is named the CyberFM "CYFM" token and is named the "MFTU" token for "Mainstream For The Underground."
CYFM tokens represent cryptographic currency forms that are according to rules for Artists currently registered with local representatives. As mentioned above or for example SOCAN in Canada.
MFTU Tokens are similar but represent a truly digital, fair, legal, and cryptographic Performance Rights Organization for Independent Artists. Protect their rights and payments throughout the world!
Both utility tokens are ERC20 assets listed on the ETH blockchain that is used to create this universal payment system that allows royalties to be collected for all shows, at all times, across the country! MFTU and CYFM tokens will also be used initially to complete fiat payments for online radio membership, credit for in-app purchases and registration fees.
FOR MORE INFORMATION
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