CRYPTOKID: Mainstream For The Underground (MFTU): Music Industry Royalty Payment Solution

In 2018, blockchain will create a new wave of major disruption in media-content distribution. The immutability and "trustless" nature of the blockchain means that it can be used in instances where record-keeping and auditable data is key, including data about who owns what assets, such as music and movies. Once you have verified the validity of an asset entered into the "chain" in the first place, continuity is ensured from then on.

Already, blockchain's potential to disrupt content rights distribution is coming to fruition in the music business. Streaming services such as Spotify and Deezer require an additional layer of intermediaries to ensure that the artists' rights management process is conducted properly. As a result, content creators need different contracts in each jurisdiction - often via multiple intermediaries - to protect their copyright and to enable distribution of their content.

But putting content on a blockchain, and having the connectivity for peer-to-peer transactions - via a digital currency such as Bitcoin, or a smart contract such as Ethereum - allows complete transparency and automation of execution, as well as direct payments to copyright holders. With these elements all in place, new players such as Mainstream For The Underground (MFTU) proposes using the blockchain to simplify digital-rights management by bypassing the usual intermediaries, thus enabling micro-payments from fans who buy the music to the recording artists directly.

The blockchain distributed ledger is a perfect choice for the MFTU project because with decentralized ledger capabilities it is reliable in distributing royalties for the smoothness of the ecosystems that MFTU wants to build, in addition, Blockchain has been tested for safety, efficiency, and transparency since it was first introduced in 2008.

MFTU is "the main stream of the underground space", the destiny of the people of the music industry collapsed by the increase of copyright infringement and the diversification of the legality, and the purpose is to protect future musical development. This project provides a permanent solution to the gap that threatens the future of the music industry.

The MFTU Token represents a truly digital, fair, and cryptographic Criteria Performance Organization for Independent Artists. Protect their rights and payments throughout the world. MFTU token is a standards fulfilling organization for truly digital, fair and encrypted independent artists. Protect worldwide rights and payments!

Recently, Mainstream for the Underground (MFTU) is working with Cyber-FM Radio to add a new system in which everyone (listeners and artists) are rewarded with tokens for each song they listen to. Together, the project have created an open source online royalty payment model with information reviewed by co-workers around the world through a distributed ledger system. The Double Token ecosystem is named the CyberFM “CYFM” token and is named the “MFTU” token for “Mainstream For The Underground.”