MAESTRO REVOLUTIONIZING DIGITAL MUSIC WORLD

 
Maestro is a decentralized ecosystem that intends to revolutionized the music industry. Maestro comprises of two segments, which are "Symphony" and "Ensemble". Ensemble focuses on the crowfunding, through which artists can get fund for their production project; while Symphony focuses on the streaming services, through which artist's creations can be distributed and generate revenue. Based on the data stored on the Maestro blockchain platform; transactions, copyrights, handling rights and distributions are solely, securely and transparently processed by Symphony.
PROBLEMS IN THE TRADITIONAL MUSIC INDUSTRY

1. Lack of Capital
   This is common to new artists in particular. Most of which has to engage themselves in some other casual work since they can barely make a minimum wage from their music career. New Artist and those yet to attain fame fall in this category. In order to break even and make good profit, much has to put into marketing, operation cost as well as production cost to step up the artist gig. This is very expensive for new artist to attain.
2. An Unfair Profit Structure
   Live streaming has changed the way people consume music. Listeners no longer buy full albums but pay fixed monthly fees to play music in real time. However, the shift in market attention from the individual sale of music to broadcasting has become problematic as an even more abnormal structure is formed and artists receive even less compensation for their work.
3. Effects of Third Parties
   Third parties like Labels and Agencies reap in more than 80% of the profits made for themselves alone thereby leaving the artists with little to nothing to fed himself.

MAESTRO SOLUTION

1. Crowdfunding
   In order to solve the problem of capital, which is the major problem in the music industry; Maestro integrate Ensemble in its blockchain to help artist raise fund for their project(s) via crowdfunding.
   
   Crowdfunding as used by Kickstarter and Indiegogo to raise $16.2 billion invested around the world, is the process by which ventures or projects raise capital from numerous people (investors) all around the world.
2. The Blockchain Technology
   This technology will aid in providing fund for music production as well as distributing rights and profits to all investors. This is solely processed by Symphony, which ensures that all funds generated via streaming the music are evenly and fairly distributed amongst artists and investors.
   Since the blockchain is a secured, efficient and transparent decentralized ecosystem in storing data and transactions, it eliminate labels and agencies from cheating the artists.
   
   
3. Groundbreaking Model for Consumers
   Maestro platform ensures that consumers are considerably rewarded as well. Therefore Maestro introduces a pricing system in which consumers will only be charged based on the number of songs they streamed. Based on usage, incentives will be given to consumers by providing reasonable and flexible subscription plans.

BENEFITS OF MAESTRO ECOSYSTEM
These include:

1. A decentralized, secure services for all customers.
2. Consumers freedom of choice and creation of new investment opportunities.
3. A conducive environment for creating music.
4. Implementation of blockchain technology for an efficient, future-oriented music service platform

MAESTRO TOKEN




CONCLUSION
With Maestro integration of Ensemble and Symphony in it's blockchain ecosystem, the music industry will be revolutionized. New artist has no problem with capital as it would be raised via crowdfunding and profits generated evenly distributed amongst investors and artists.
For more information, kindly visit any of the following links:
 WHITEPAPER: https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view?usp=sharing
ВЕБ-САЙТ: https://maestroproject.io/
TWITTER: https://twitter.com/MaestroProject1
ТЕЛЕГРАММА: https://t.me/maestroico
FACEBOOK: https://www.facebook.com/rightchainlabs/
MEDIUM: https://medium.com/@maestroproject
INSTAGRAM: https://www.instagram.com/maestroproject/?hl=ko
YOUTUBE: https://www.youtube.com/channel/UC1JuSyCHmTqyYxsMZc55WHA
GITHUB: https://github.com/maestro-project
ANN: https://bitcointalk.org/index.php?topic=4415850.0#post_


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