Warm regards to the blogger’s faithful friends, Hello, in my article this time I would like to present an ICO or MFTU project, thanks for taking the time to read this article, may be useful
MFTU has a goal to protect the development of music in the future, due to the growth of piracy, as well as the various propagation of legality, which makes it more sad for the people who work in the field of music. This project provides a permanent solution to the gaps that threaten the future of the music industry.
In its development, the path is very traditional, because, in addition to attracting third parties, all royalties are not transferred to the artist or musician. In addition, many obstacles, such as laws that govern.
Thus, the MFTU project creates an online payment payment model that uses blockchain technology that is located above the decentralized ethereum network. To smooth the project, MFTU is supported by a double token named “CYFM” (CyberFM) and “MFTU” as a token instead of the MFTU itself.
The block chain is an ideal choice for the MFTU project because, thanks to decentralized accounting functions, it is reliable in distributing royalties for the smoothness of ecosystems that MFTU wants to build, and Blockchain has been tested for safety, efficiency and transparency, since it was first introduced in 2008 year.
We created an online version of open source royalty with information reviewed by colleagues around the world through a distributed system of accounting books. The equivalent of a double token is called the “MFTU” marker “Mainstream For the Underground”. “
in this project CYFM tokens and MFTU plans will be used as a universal payment instrument accepted in the International and will be carefully monitored. However, this token does not have the role of Cyber FM’s profit and success, nor is it sold on the CyberFM website or, in other words, there is no initial coin offer (ICO).
The MFTU marker is truly a digital, fair and cryptographic organization for assessing criteria for independent artists. Protect your rights and payments around the world!
Smart-token MFTU implements the ERC-20 standard using OpenZeppelin libraries, which have been tested and thoroughly analyzed by professional experts of Quantstamp.
Progress of the project
I took a report on the progress or progress of this project directly from the official website here: https://mftu.net/site/progress/ and here is the description that I summarize in my article:
Cyber-FM has an established record of providing independent music to listeners and promoting artists through outreach users. His new plan with Mainstream for Underground is interesting because it provides a way to protect the rights and payments of performers around the world, while they constantly register registration at the local level. At the same time, it allows artists who are not officially registered to be able to broadcast their music to CYBER-FM and receive rewards using MFTU tokens
For more information, see: