CyberFM 2nd overview
CyberFM brings everyone in music ecosystem by providing a platform for international currency that compensates all performers and artists around the world.
Through the innovative platform found in 2007, CyberFM remains the leading music ecosystem voted by recording studios, A&R firms, and record labels. Through the CyberFM ecosystem, the artists are able to enjoy this platform at no charge while they enjoy the benefits of international exposure and income generation every time people download their music.
Network operates through a subscription Token system, the traditional broadcast advertising, and membership perk, to the enforce fees that are required by law.
Cyber FM has thus successfully created the open-source where artists receive an online royalty payment. They also gain promotional the benefits from peer reviewed information and is available in a well-organized ledger system.
Through a dual token ecosystem known as CyberFM “CYFM”, artist is able to generate broadcast currency, that is used by fans, listeners, and users inside ecosystem. Way this works is very simple, for example when a listener wins a CYFM token in an aired or advertised radio competition, they will convert the token to purchase a premium membership.
The membership will allow them to get on-demand downloads, skip that songs or artist they do not like, enjoy the commercial-free live streams among other benefits.
CyberFM also has the smart card contract used to implement the ERC-20 token standard via the Open Zeppelin library, which is verified and thoroughly the reviewed. Artists and listeners in CyberFM ecosystems do not have to worry about any purchase or uploads as their token contract is professionally audited by Quantstamp experts.
In the addition, these tokens have the intentions of the artists at heart. They are explicitly used as universally accepted international currency. This means it has no role in the success or profit making of the CyberFM Company.
Also, tokens cannot be sold at other CyberFM based websites. Tokens also do not need an initial Coin offering (ICO).
More and more artists are appreciating CYFM token as it has a regulatory compliance of its digital form, with these artists being members and enjoying the local representation. Some of which come from the USA, Canada and other parts of the world.
The token system is now being used for all time payment, to the regulatory bodies as well.
CYFM token project works like other tokens, including the MFTU, the difference is that the CYFM token is known for being very transparent with artists, for being fair, it is internationally accepted and legal as the rewarding system for even less popular artists. It also protects their rights and payments through the online ecosystem worldwide.
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Connect CYFM at:
website: https://cyber-fm.com/
wallpaper: https://www.cyber-fm.com/#download