You may think that there is no place for a folk song in these times, but you might change your mind after reading this. You may feel like averting these kinds of songs because generally defined they are the expressions of the customs and traditions of a specific place. This may also be the reason why you feel they have no place in today's modern times. These songs are mostly passed down from generations simply by speaking or singing it and without even knowing when they were written or who wrote them. A number of folk songs are written exactly to be preserved and to preserve a certain culture.
The answers to the seeming contradiction of modern folk songs are folk cover songs. Cover songs are new versions or renditions of songs that are already recorded or those that, although unrecorded, have been known to many people for a long time. Since most folk songs are not recorded, cover versions of these songs are usually done by modern artists with a twist. Some artists would change the arrangement or even a few lyrics so as to say that they did not entirely copy the song.
Not a lot of people are accustomed to listening to folk songs, traditional or cover versions. This is why it is a good idea to download folk cover songs first, to see if you might have a niche in this genre. Cover versions would appeal more to the younger generations since it would be presented in a way that they could relate to and would actually be identical to the trends of today.