Part 1 of the mini series of the CyberFM / Mainstream For The Underground Swap and more!
Before we even get into the crypto announcements, you should know that we are going to take the CyberFM / MFTU Telegram and migrate into a new group. And we’re also going to take Robocalls and IL2C and merge all Telegram Chats into the new WEN Protocol system. Dare I say, “a centralized telegram room.”
Over the course of the coming weeks you’ll see that the other rooms will become Telegram Channels and they will only contain important announcements and info for news. They will also be directing people into the main Telegram for every token that is a part of the WEN Protocol and that includes CyberFM and MFTU.
Some of the international groups will stay because they cater to the specific language and a specific culture, whereas we primarily speak English here. An example of this is CyberFM Latino. We will do our best to cater to other languages in the main groups as well. The new telegram which is going to be the WEN Protocol, will have links and instructions provided.
First: CyberFM is migrating into the WEN Protocol. This means many things, one being that CyberFM becomes a Deflationary Token. So for those of us in the crypto world: CyberFM will have the capability of deflating its supply based on usage all on its own.
So for those who see the obvious, we are going to do a swap. We are not going to do the same swap that we did last time, those lessons were learned and to this day there are people still trying to swap. We’re not going to do that this time, we are going to pro actively swap you. There’s going to be no effort involved for you. We’re not going to make you spend gas money, perform a function and also, for those of you who aren’t paying attention, you’re going to get swapped.
The NEW “CyberFM Radio” (CYFM) contract that is replacing the current, validated contract on Etherscan is:
0x4a621d9f1b19296d1C0f87637b3A8D4978e9bf82
You can view this contract on Etherscan and is named “CyberFM Radio” (CYFM)
Second: We’re also swapping MFTU! Again similar to CyberFM we’ve always said “this isn’t for you, ” and “this is for the musicians, this is for the artists, and you as a user cannot earn MFTU.” Only the artists and musicians can earn MFTU. But, we discovered something.
With our technical geeky imaginations, knowing the ways and means of understanding how CyberFM works, we figured something out for all of you. Your usage and performance of CyberFM will be the deciding factor in the distribution of MFTU Tokens to the Artists.
This explanation of how MFTU tracks performances will have its own new article.
Using the new WEN Protocol, we’ll be able to allow CyberFM to interact with the MFTU Token without any smart contract involved at all. There’s no smart contract required with CyberFM to communicate with MFTU and this will all work together as an ecosystem.
Every time that CyberFM is moved, bought, sold, traded, given away, and earned a certain amount of MFTU will be sent to the artist. So now you have a basic understanding how CyberFM directly corresponds to MFTU and the performance of both listeners and artists as an all inclusive relationship.
This means that when we pay you in CyberFM, we know that you participated in this radio network and that participation becomes an actual pool of money, as a bonus, that goes to the independent artists. The independent artists are going to have their assigned value of earning X amount and then future monthly bonuses, per song per listener will be sent out to the artists as a monthly bonus. This is all based on your performance as a listener; the more you tune, in the more the artist gets rewarded.
The NEW “Mainstream For The Underground” (MFTU) contract that is replacing the current, validated contract on Etherscan is:
0xbA745513ACEbcBb977497C569D4F7d340f2A936B
You can view this contract on Etherscan and is named “Mainstream For The Underground” (MFTU)
