CYBER FM: The Radio, Online (ALL POWERED BY THE TECHNOLOGY OF BLOCKCHAIN)

magnusjru (29)in #cryptocurrency • 6 years ago

In the world we now live in, we see that the progression of blockchain is encountering a classic effect. Initial Blockchain outlines are made well authorized, including the best categorical affiliations. As anyone acclimated with the music industry knows, royalties are made in virtually every country through regime regulation. The reason for this is to ascertain that musicians and artists are compensated for the utilization 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 Amalgamated States, amassing online payments through the system. Many organizations charge interest for these payments to artists, astronomically immense online radio networks that broadcast music by making utilization of subscription systems, membership privileges and traditional advertising.

The internet has revolutionized the market space where radio stations are now able to reduce the operational costs through streaming music online for the community, this mode of operation required less capital due to the hardware's required to start an online broadcasted through traditional airwaves the operational costs are also reduced when it comes to government permits and other operations costs associated with traditional radio stations legal requirements.

THE TECHNOLOGY OF CYBER FM

Cyber Fm is a decentralized radio that is available online and has used the power of blockchain technology to decentralize its operations and also to tokenize its economy through MTFU Tokens that allows autonomous rewards to be distributed to supporters and artists empowering them towards development of their talents. The community is able to curate their preferences including music and the process is done through a distributed ledger technology promoting transparency and security of the operations and management of the activities occurring during the governance of the radio station. CyberFM wasFounded on October 11, 2007, and it is a US-based radio station where you can listen to music anywhere in the world and also have programs that discuss sports and comedy events. Currently, they intend to enter the crypto world where they provide CYFM and MFTU free tokens because they violate the law to have ICO in the country. CYFM and MFTU have different use cases.

CYBERFM Station will have future programs that will discuss cryptocurrency and where this ICO program will be able to advertise and they can use CYFM token as payment.

THE CYBER FM TOKEN

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.

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