The blockchain technology has contributed to the development we have in many industries today. This cut across shipping, banking and others industries of the world helping them changing from the centralized way of operation to a decentralized option. That is also the case for the music industry that is plagued with different issues like piracy, intermediaries and low reward and royalties’ payment which discourages young and upcoming artists. The MFTU is using the blockchain technology for fair distribution of royalties and efficient, transparent operation of the industry. The mission of MFTU is to use their blockchain ecosystem to decentralize the process of activity in the traditional music industry. The platform will use a dual token called MFTU and CYFM.





INTRODUCING MFTU





The MFTU means Mainstream For The Underground a blockchain based platform that will decentralize the tradition method of operation in the music industry. This project will help tackle all the issues faced in the traditional music industry, like piracy and intermediaries which makes things difficult for the artist and the players in the music industry. The MFTU platform will help solve all the issues threatening the development and growth of the industry. The tones used on the platform are referred to as MFTU (Mainstream For The Underground) and CyberFM (CYFM) tokens that will be used for all royalties and reward payments globally. #indie #indieartist #indiemusic #MFTU #undergroundartist #DoYouMFTU





THE TOKEN





The dual tokens used by the platform are called MFTU and CYFM that will be used for the in-app purchase, registration and different other bills on the platform. This will also be used for the payment of fee and royalties globally. The CYFM Token will be used for the royalties’ payment of artist and musician which will encourage them to do more in the industry. The second token will serve as a copyright token. These tokens can be used globally. The tokens are blockchain based type of token.





TEAM









CONCLUSION

The Cyber-FM is a well know record companies that are a partnership with Mainstream for the Underground to remove intermediaries and allow a fair distribution of rewards among artist globally. This platform also offers a fantastic opportunity for an upcoming artist to have their work distributed on CYBER-FM and get paid in the form of MFTU token without having to go through intermediaries that take their rewards. This platform will be a game changer to the music industry because it’s been managed by a company with a decade of experience and the fantastic team that is blockchain enthusiasts. #indie #indieartist #indiemusic #MFTU#undergroundartist #DoYouMFTU

You can visit the links below to get more information about the project :

Website: https://mftu.net/site/mftu-2/

Whitepapper : https://mftu.net/site/whitepaper/

Telegram : https://t.me/mftudotnet

Linkedin : https://www.linkedin.com/company/cyber-fm

Facebook : https://www.facebook.com/cyberfm





AUTHOR'S DETAILS

Bitcointalk Username: Bountyfit

Telegram: @odunayoipaye

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256159

Wallet: 0x7e45cfC9613022C736C6D821Bdd486588A5242d0

