MAESTRO
MAESTRO
MAESTRO
Revolutionizing the Digital Music World
A blockchain-based music streaming platform for artists and listeners
The maestro consists mainly of two parts: "Symphony", streaming service and "Ensemble". Creative people can raise funds for their projects through the Ensemble. Once the project is complete, they can distribute their creations and generate revenue through Symphony. Distribution and processing of rights, copyrights and transparent transactions, conducted through Symphony according to data recorded on the Maestro blockchain.
Maestro will be a new paradigm for the music industry. Maestro will provide an enabling environment for unhindered creation, as well as an ecosystem that fairly shares the rights of work between the creator and investor, as well as the benefits among all participants in the token. Maestro is committed to revolutionizing the media industry and working with existing parties.
Ultimately, Maestro aims to help and develop more variety of creative people.
MAESTRO system
Overall diagram of Maestro structure
Maestro sees their predecessors who have used blockchain technology first
such as "Opus," a Ethereum-based music service; "Resonate," a service that offers a unique profit allocation structure, and "Choon," a platform that focuses on the distribution of earnings. Most blockchain-based music platforms focus on obtaining copyright, music gain allocation issues, and enhancing structural transparency. The Maestro team also agreed on these three areas of improvement. However, Maestro has doubts about whether
approaches that focus on copyright or profit distribution can indeed revolutionize the music industry and build an environment that can be boldly transferred by artists from existing labels.
Maestro is a comprehensive music platform that integrates investment, distribution, and profit realization. Moestro is a blockchain based platform that consists mainly of two parts:
crowdfunding services that handle attraction, investment, allocation, and account balancing for funding, and streaming services that handle music distribution. Maestro's goal is to build a noble-cycle ecosystem where artists produce their projects to advanced funding, distribute results through streaming services, and share profits with investors. The whole process works entirely through smart contracts and decentralized systems, without any third party intervention. Technical details will be explained further in the next section.
Blockchain and Cryptocurrency for music
Decentralized streaming service without intermediaries, A fair payment structure based on actual consumption and lower cost than other streaming services is a streaming music streaming destination for consumers by citing the white maestro.
Maestro distributes all the benefits generated from the platform among the token holders. Maestro is a good cycle platform where all the profits generated from music are returned to artists and investors. The goal of the Maestro blockchain is to gradually expand its function to eventually decentralize the system and minimize the elements handled by the company. Maestro minimizes distributor benefits through decentralized services. Decentralized services will minimize the role of service distributors and operators, reducing unnecessary allocations and assistance in building the right ecosystem of music.
1,000,000,000 MFA tokens will be created for the project, with 62% tokens reserved for public sale. 40% of funds are used for software development, while 25% of funds are spent on marketing and business development. The team working on this platform is experienced and committed to developing the best applications for the music industry.
ROADMAP
FURTHER INFORMATION
Telegram: https://t.me/maestroico
Twitter: https://twitter.com/MaestroProject1
Facebook: https://www.facebook.com/rightchainlabs
Medium: https://medium.com/@maestroproject
YouTube: https://www.youtube.com/channel/UC1JuSyCHmTqyYxsMZc55WHA
Instagram: https://www.instagram.com/maestroproject/?hl=ko
Github: https://github.com/maestro-project
My profile: https://bitcointalk.org/index.php?action=profile;u=2071847
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