MAESTRO Project Overview

INTRODUCTION
The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is MAESTRO

MAESTRO will become the new paradigm for the music industry. maestro will provide an environment that allows for unhampered creation as well as an ecosystem that fairly divides right of song between artist and investors, and profits among all token holders. Maestro is a blockchain-based music streaming platform for artists and listeners. 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 aims to revolutionize the bureaucratic media industry and to cooperate with existing parties to ultimity aid and nurture a greater diversity.
Mission and Goals
“To create a productive environment where artists are actively supported, a structure in which the rights of creative works are fairly allocated, and an ecosystem where artists and investors can cooperate to share profits” Maestro’s goal is to change the current centralized management system to a decentralized platform among users with blockchain technology. Ultimately, we want to revolutionize the music streaming industry so that the profits returned to artists and investors are more fairly distributed.
Inevitably, there will be obstacles to implementing new technology in an already mature music industry. New technology must harmonize with the current industry’s structure and has to be accepted by all its stakeholders. Barriers to entry are even higher due to the strong culture and longstanding conventions of the industry. Therefore, Maestro’s team will focus mainly on segments where blockchain technology can be realistically implemented. It must reconcile with the existing bureaucratic music industry to make swift progression.
Maestro System

FEATURES OF MAESTRO PLATFORM
Stake of Music (SOM)
Stake of Music (SOM) is the proof of rights to creative content given to investors in projects. SOM is initially held by the artist, who can choose to allocate it among investors at the crowdfunding stage. SOM holds the rights to profits generated by the creative work; all profits from the platform are equitably allocated based on the SOM ratios. SOM transactions are all recorded on the blockchain.
Maestro Point (MSP)
Maestro Points (MSPs) are the influence used for upvotes and downvotes in the Symphony streaming service. MSPs are granted based on the number of Maestro Tokens (MAEs) held, streaming service usage, and SOMs obtained by participating in Ensemble funding.
Crowdfunding System
For Artists
Construction of a production cost funding environment for artists
Expands investment opportunities for regular consumers
Win-win solution for artists and investors
Fair Music Streaming Service for Consumers
Decentralized streaming service with no middlemen
A fair payment structure based on actual consumption
Lower costs compared to other streaming services
ADVANTAGES OF MAESTRO PLATFORM
Payment for users only for what they listened to. At the same time, payment is lower compared to other services. In simple words, payment for actual consumption.
For artists to solve the problem of raising the price of production. As a result, artists will receive a fair profit. No need to worry about the cost of producing music. Creative works will have their rights.
All profit distribution among the holders of the tokens.
Artists can establish a distribution ratio.
Transparent profit structure of the service.
Absence of intermediaries in the decentralized streaming service.
BENEFITS
Customers
Only pay for the amount listened to
Payment based on actual consumption
Lower fee compared to other services
Investment opportunities
Artists
No worries regarding raising production costs
Fair profits for artists
Music production costs raised through funding
Rights secured for creative works.
MAESTRO platform offers two dapps: Ensemble and Symphony.
Ensemble: Community Mobilization Center for Artists and Fans.
Ensemble will provide safe artists, and direct donation methods throughout for new or existing projects. Fans who contribute to the project, on the other hand, will be able to directly engage with the creative process of the artist they like best. The great composer believes that such an ecosystem will benefit both sides and open new boundaries for the artist - the audience.
Symphony: Creator and Consumer Service Flow.
The symphony will serve the world's music industry with a fair and efficient distribution system. Creators, on the one hand, will be able to take away the real profit that they deserve. Consumers, on the other hand, will love the online music service constantly, less expensive. Supported by the Interstellar File System (IPFS), which works on the EOS network, Symphony Orchestra will provide high quality music with a simple touch.
TOKEN AND ICO DETAIL
Name of the tokens: MAE
Standard: Erc20
Total number of tokens released: 1 000 000 000 MAE
Number of tokens for sale: 620 000 000 MAE
Private Sale round: 16.06.2018
Start 1st ICO: 30.06.2018
Start 2nd ICO: 16.07.2018
The price of the token: 1 ETH = 10 000 MAE
Total usage of tokens can be divided into five components: 40% on engineering and software development; 25% on marketing and business development; 15% on operational expenses; and 10% each for license fees and legal expenses.

ROADMAP

TEAM

Hoojong Kim -Standing Advisor
Jongwook Bang -CEO
Taegoo Kang -CTO
Chanyoung Ryu -Blockchain Developer
William Chung -Blockchain Developer
Harry Hur -Blockchain Developer
Hyung Chang Song -COO
Jung June Kim -Blockchain Analyst
Dongsun Min -CFO
Jiyeon Koh -Marketing Director
Jae Bum Park -Marketing Director
HeeKoan Koo -Marketing Director
ADVISORS

Shinsadong Tiger
Smit Purohit
Kaikai Yang
Julia Zhu
Monotree Hwang Hyun
Keuntae Park
Pastel Music Heejung Han
Dongwon Kim
Jung Ho Hyun
Chris Neamonitis
If you have further interest in learning about Maestro, I have provided links below for you to view.
Website : https://maestroproject.io/
Whitepaper : https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view?usp=sharing
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
Youtube : https://www.youtube.com/channel/UCJrgPLexmtA4hA6ux5GTpQQ/
Medium : https://medium.com/@maestroproject
Linkedin : https://www.youtube.com/channel/UC1JuSyCHmTqyYxsMZc55WHA
GitHub : https://github.com/maestro-project


Author:iis dermasandi
Bitcointalk profil: https://bitcointalk.org/index.php?action=profile;u=2010298
ETH Address: 0xcdE6adfFc91e137C9a75D154f344Ca6b121849D7