MAESTRO - REVOLUTIONIZING THE DIGITAL MUSIC WORLD
The rapid development of technology, making the demands of life
also continues to increase. Until this blockchain technology is present
and is a trend among the public. At first, this blockchain itself is a
chain block. In other words a growing list of notes, interconnected and
secured with cryptography. The first distribution of blockchain, which
became the point of popularity of digital technology was conceived by a
Satoshi Nakamoto.
At that time the distribution was not only done by him
but also supported by a group of anonymous, precisely in 2008. The use
of blockchain in bitcoin itself, making bitcoin as one of digital
currency that can be a solution of double expenditure. In 2014, this
blockchain technology continues to innovate to release a version of
blockchain 2.0 that its use more easily. Enables users to write smart
contracts, more powerful and enables invoicing that can pay for
themselves when the submissions arrive. It is also possible to share an
automated certificate by sending the owner dividend when the profit has
reached a certain level.
The next development is the application of blockchain technology to
an industry. There are many real examples of industries that have
utilized this blockchain technology. This technology was chosen because
of some benefits like
- Algorithm as an intermediary
By utilizing the Blockchain system, we can trim the intermediaries
and entrust the algorithms to manage critical data access networks and
information. Blockchain technology can be used automatically for
information authorization, information exchange between insurance
companies, between patients and hospitals, etc. This change will allow
all stakeholders in the health system to sync in real-time.
- Ensure ownership
Blockchain can be implemented to check ownership and authorization of
sensitive information access. For example, start up Blockchain, such as
TrustToken, has developed a digital-legal protocol that allows physical
ast to be owned and managed by smart contracts, using trust entities to
provide civil enforcement and criminal law.
- Eradication of cyber attacks
The nature of distributing Blockchain ledgers in providing a number
of security advantages over a typical data warehouse. Given that the
Blockchain network has a single access point (for infiltration).
- Streamline the supply chain
By using algorithms, we can minimize human intervention in the supply
chain. In addition, we can eliminate ancient processes, such as pen and
paper, and completely transition to digital accounting ledger. The big
and influential companies in the world have found a way to implement
Blockchain into their active supply chain.
One industry that utilizes this technology is the digital music
industry. However, the existing blockchain music services only focus on
improving the established stream and distribution structure, and failing
to address the underlying problems of the industry today. Generally
blockchain music services are more concerned with third parties such as
labels and agents than artists. Blockchain music services should utilize
technology to provide innovative functions that revolutionize the music
industry at its core. We introduce a platform called Maestro
that is more concerned with the artist. For more details please read
the following paragraphs. Or for detailed info please visit the website, read whitepaper and join in telegram maestro. If you are interested please join besama Maestro on ICO.
Maestro
Maestro
is focusing on fast software development of a smooth service for the
music platform. Maestro uses EOS.IO-based blockchain technology. We
chose EOS.IO because of its high scalability using parallel CPUs, far
superior speed, and free transactions based on DPOS. To maximize profts
for artists and minimize burdens for consumers, Maestro uses an
EOS.IO-based blockchain that does not require any individual transaction
fees from users. The cost of the blockchain is charged to the developer
using EOS.IO. There are no costs apart from the coins deposited to the
developer. We use EOS.IO blockchain technology to increase the benefts
of decentralization for all users.
Maestro is primarily composed of two parts: "Symphony," the streaming
service, and "Ensemble," the crowdfunding center. Artists can raise
funds for their project prior to production through Ensemble. After
completing the project, they can then distribute their creations and
generate revenue through Symphony. The distribution and handling of
rights, copyright, and transactions are all transparently executed
through Symphony in accordance with data recorded on Maestro's
blockchain
Current Production Process
Production companies receive funding as investment from labels 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. Once the
contract is drawn, the artist has no choice but to follow the
established process to receive proper funding and publicize their
creations. With Maestro an Artist can make:
Crowdfunding for Music Production
To create an all-encompassing musical ecosystem, Maestro is focused
on solving capital problems and providing a stream-based streaming
streaming service. Maestro will solve this problem through crowdfunding.
Crowdfunding is an alternative financial service that allows projects
or businesses by raising money from many people. Already known as the
business method used by Kickstarter and Indiegogo, funding of $ 16.2
billion has been invested worldwide through this method. Crowdfunding
has solved funding problems for promising businesses and projects while
creating new processes that enable early adopters to choose products to
produce. Many projects, especially in the arts, have successfully
started through this process.
Maestro wants to apply the concept of crowdfunding organically
throughout the music industry. We aim to create an ecosystem where
production costs are raised by fans and investors, and the benefits
generated by streaming songs are distributed evenly amongst artists and
investors. Blockchain technology will thus play an important role in
providing funds to produce music and equitably distribute its rights.
Models of Reasonable and Breakthrough for Consumers
Maestro methods will bring more benefits to consumers as well. The
Maestro service already makes sense of the pricing policy in which
consumers pay according to the number of songs they have actually
flowing. 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. This funding structure
provides new investment and communication opportunities for consumers.
Consumers can choose to communicate directly with artists and become
active participants in their projects. If the projects they funded
succeed, they can expect a share of the profits based on the amount of
their investment. Maestro is the first blockchain platform through which
consumers and artists can help each other for mutual benefit.
Funding and Token Distribution
MAEs are provided through snapshots of the wallets in Ensemble.
Platform profits are allocated once per week. The Maestro team's goal is
to decentralize the proft structure through blockchain technology. All
platform profits are affected by the number of MAEs held. Unsold tokens
will be destroyed. Due to inflation, issuance of additional tokens is
expected to take place once per year, and further issuance is prohibited
as a rule.
Goals to Attain
- Soft cap for ICO: None
- Hard cap for ICO: 62,000 ETH
Token Allocation
With the ever-increasing market growth every year we believe the Maestro project will be a success.
ROADMAP
ROADMAP
May – 2018
Continue to improve marketing for the artist
June – 2018
Private capital for investment companies and the first company that uses ICO 1.2
July-2018
Sign a memorandum of understanding with major companies
November 2018
Listed on the exchange
Released demo version v1.0
Completed 100 companies sponsoring artists, led by Maestro
May – 2019
Official version of Mainnet
The Maestro team is already working on the project, and there is a 500 million KRW financing. Therefore, no soft caps are installed, and the project will act regardless of whether the hard cap will be achieved or not. After the second ICO, there will be no additional tokens.
Therefore let us join with us on ICO Maestro which will be held on or follow this link. https://maestroproject.io/arm_login/?lang=en&restricted=page
For more information about Maestro, you can visit links below:
Website : https://maestroproject.io/
ANN Thread : https://bitcointalk.org/index.php?topic=4391640.0
Facebook : https://www.facebook.com/rightchainlabs/
Twitter : https://twitter.com/MaestroProject1
Instagram : https://www.instagram.com/maestroproject/?hl=ko
Telegram : https://t.me/maestroico
Medium : https://medium.com/@maestroproject
GitHub : https://github.com/maestro-project
Author :iis dermasandi
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=2010298
ETH Address: 0xcdE6adfFc91e137C9a75D154f344Ca6b121849D7
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