Maestro is a revolutionary digital music world, a blockchain-based music streaming platform for artists and listeners, Maestro's goal is to decentralize all areas of service. The Maestro team has reviewed the technology for implementing file transmission, streaming, and other functions using a distributed server. The Maestro system will use a distributed server system called IPFS (The InterPlanetary File System) to transmit streaming files. Maestro consists mainly of two parts: "Symphony," streaming service, and "Ensemble," crowdfunding center. Artists can raise funds for their projects before production through Ensemble. After completing the project, they can then distribute their creations and generate revenue through Symphony. Distribution and handling of rights, copyrights and transactions are all done transparently through the Symphony in accordance with data recorded on the Maestro blockchain. Problem
Current problems such as losses for artists, unfair profit structures, Streaming have changed the way people consume music. The listener no longer buys an entire album and instead pays a fixed monthly fee for streaming music. However, the shift in market focus from individual music sales to streaming has become problematic because more abnormal structures are formed and artists receive less compensation for their work. The current production process, Production companies receive funding as an investment of the label to produce music. As such, they first transfer exclusive rights to the distribution. Even if only part of the rights are transferred, the artist should just distribute their music through the label. Inadequate structure for new artists is a fundamental solution for the music industry 'The problems lie not solely in securing the rights of artists. To truly improve the rights of artists, the structure of streaming services, and the structure of the distribution of industrial profits, we must focus on the main problem of capital. And there are many other problems.
Solution
And Maestro provides solutions to the problems above Crowdfunding for Music Production To create an all-encompassing musical ecosystem, Maestro focuses on solving capital problems and providing streaming streaming streaming services. Maestro will solve this problem through crowdfunding. Reasonable Models and Breakthroughs for Consumers Maestro methods will bring more benefits to consumers as well. The Maestro service has a reasonable pricing policy in which the consumer pays according to the number of songs that are actually streamed. If consumers do not use any of the services provided, they are not charged. Maestro provides incentives to consumers by allowing purely playable subscription packages based on usage.
Maestro (link to white paper) is building a new decentralized ecosystem for the creators and audience of the music industry. By eliminating unnecessary third parties who currently take up to 40% of the revenue generated, the artists will get the benefits they deserve; listeners will enjoy music at a lower cost.
MAESTRO System
Overall diagram of Maestro structure
Ensemble: Crowdfunding Center for Artists and Fans
Ensemble will provide artists with safe, transparent and direct fundraising methods for new or existing projects. The fans who contribute to the project, on the other hand, will be able to directly engage with the creative process of their favorite artist. Maestro believes that such an ecosystem will benefit both sides and open new frontiers for artist-audience relationships.
Symphony: Streaming Service for Creators and Consumers
Symphony will serve the world music industry with a fair and efficient distribution system. The creators, on the one hand, will be able to take the rightful share of the profits they deserve. Consumers, on the other hand, will enjoy the same streaming music service and seamlessly at a cheaper cost. Powered by the Interplanetary File System (IPFS) that will work on the EOS network, Symphony will deliver high quality music with just a touch of a finger.
Token Funding and Distribution
Token
MAEs are provided via a snapshot of the wallet in Ensemble. Platform advantage is allocated once per week. The goal of the Maestro team is to decentralize the profit structure through blockchain technology. All platform advantages are affected by the number of MAEs owned. The unsold token will
annihilated. Due to inflation, the publishing of additional tokens is expected to occur once per year, and further publication is prohibited as a rule.
Token Name - Token Token Maestro Symbol
The price is MAE
1 ETH = 10,000 MAE
Tokens for sale - 620,000,000 MAE
Unsold tokens will be burned.
Soft cap for ICO: None
hard cap for ICO: 62.000 ETH
Maestro team is running with the project, with 500 million KRW fund. Consequently, no limitations are set, and the project will continue regardless of whether we are
reach the target number or not. After the 2nd ICO, there will be no additional token sales.
May, 2018
Continue with advanced marketing for artists
June, 2018
Private sales for investment companies and early adopters
1st, 2nd ICO
July, 2018
Sign MOU with big companies that collaborate
November, 2018
Listed on the exchange
Release the demo version v1.0
Completed 100 artist funding companies led by Maestro
May, 2019
Official Launch of Mainnet Platform
TEAM MAESTRO
FOR MORE INFORMATION :
Website: https://maestroproject.io/
Whitepaper: https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view?usp=sharing
ANN Thread A: https://bitcointalk.org/index .php topic = 4415850 post_ #?
Facebook: https://www.facebook.com/rightchainlabs/
Twitter: https://twitter.com/MaestroProject1
Telegram: https://t.me/maestroico
Medium: https: // medium.com/@maestroproject
Instagram: https://www.instagram.com/maestroproject/?hl=ko
Github: https://github.com/maestro-project
Youtube: https: //www.youtube.com/channel/UC1JuSyCHmTqyYxsMZc55WHA
Author: carens
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1296141
Eth: 0x9e5C152D04eF2649de36146aFc97919be8C2E3D9
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