I don't really know it just came to me when i was thinking of a name to use i guess when get older i'll drop the kid part and just be Phenom

I think it gives artist alot more freedom for promotion but, it can also be a bad thing for those who often take a whole produced track from the real artists
LEASING RIGHTS
You will receive an encoded MP3 file of the untagged song, and/or a copy of the raw WAV file. The song file can be delivered digitally or through the mail on a CD. Leasing rights allow you to use the beat (or song) for ONE commercial recording or broadcast. This recording can then be distributed at your price for up to 2,000 copies. Selling more than 2,000 copies means you must acquire a new lease or exclusive rights. You may also use the beat for non-profit promotional use or demos. You have full rights to record, alter, mix the beat/song in any shape, way, or form (except reselling the beat). You will receive a contract in the mail granting you non-exclusive rights to the beat. In the event that someone buys exclusive rights to the beat you have leased, your rights shall stand and the beat is still yours to use. You may also acquire new leasing rights if you sell more than 2,000 copies since your contract predates exclusive sale. The seller will not receive a royalty from the sale of records or downloads. You must however give full credit to the seller (artist and/or producer name) on all commercial recordings. Upon purchasing leasing rights, the seller still owns the beat(s) and the seller is able to resell the beat(s) to any other party until exclusive rights have been purchased.

EXCLUSIVE RIGHTS
You will receive a MP3 file of the beat (or song), untagged (free of soundmarks) and/or a copy of the raw WAV file. The song file can be delivered digitally or through the mail on a CD. Exclusive rights grant you unlimited commercial recordings and broadcasts. You have full rights to record, alter, mix the beat/song in any shape, way, or form (except reselling the beat). You will receive a contract in the mail granting you exclusive rights to the beat. You own the recording as a "work made for hire". The original seller may no longer lease or sell the beat/song, except for prior leasing rights holders and his/her own promotional page (no downloads there). The seller will not receive a royalty from the sale of records or downloads. You must however give full credit to the seller (artist and/or producer name) on all commercial recordings.

Yes

Timabaland,Danja,Polow da Don,Dr.Dre,The Neptunes,Cool & Dre,The Runners,this list could go on for days...

FL Studio 8,Sample Tank 2.5XL,Sonik Synth 2,Casio CTK-720,and i gotta dell.

LISTEN TO THE TRACKS!!!!!!!!!!