SoundExchange in the United States gathers an organization through by means of payment for online translation through a membership system for ASCAP, BMI, Sesac Performance Rights organizations. Large Internet radio networks are monetizing this valuable content through subscription systems, membership benefits, and traditional broadcast ads in an effort to offset the costs set by law.
ADVANTAGES
Every online broadcast will equally protect every artist. Apart from representation and membership PRO!
Every online radio station will be fully compatible on a world level in a decentralized environment.
CyberFM automatically refers to new, independent and future artists as if they were now on the radio. CyberFM level playing field for all online media!
Ensure the permanent elimination of the "value gap", which is the biggest threat to the sustainability of the future music industry.
TOKENS Token CYFM
is a form of cryptographic currency that complies with regulatory requirements for players currently registered with local representatives.
MFTU Tokens are similar, but this is the first truly digital, fair, legal and cryptographic performance organization for independent artists. Protect your rights and payments worldwide!
Both tokens are ERC20 assets registered in the ETH block, used to create this universal payment system, which allows you to collect royalties for all shows at any time in all countries! MFTU and CYFM tokens will initially also be used to complete payments for online membership on the radio, credit for in-app purchases and registration fees.
This ecosystem is a universal international currency that will compensate all artists and players around the world! The above will be compensated regardless of individual membership in the relevant organization for performance rights. However, additional benefits, rewards, and income will be available when participants fully accept our system.
CYFM and MFTU tokens are "broadcasting currencies" that will be used in ecosystems for listeners, fans, and users. For example, listeners can win MFTU tokens in a radio contest, they can use tokens to purchase premium memberships for tracks, on-demand downloads, free commercial streams, and other benefits.
Smart contracts apply a standard token ERC-20 using the OpenZeppelin library, which has been tested and tested thoroughly. In addition, token contracts are professionally verified by experts from Quantstamp.
CyberFM protects against all common attacks and stores only password hashes using bcrypt. Website traffic works entirely through encrypted SSL / TLS (https). The source code is reviewed by a third party, an independent security engineer. Hunter2 also reviews the codebase and provides ongoing security training for the engineering team to keep abreast of best practices in the security field.
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