Good evening, dear friends.Maestro focuses on fast software development for a smooth music platform service. Maestro uses Blockchain technology based on EOS.IO. The team chose EOS.IO because of its high scalability using parallel processors, a much faster rate and are transaction-based DPOS. To maximize profits for artists and minimize the burden to consumers, Maestro uses an EOS-based blockchain.IO, which does not require the user to pay any individual transaction fees. The cost of the block chain is charged to the developer using EOS.IO. Without coins deposited to the developer, there is no cost. Using the technology of EOS.IO blockchain to enhance the effectiveness of decentralization for all users.
The goal of Maestro is to decentralize all service areas. The Maestro team reviewed the technology for implementing file transfer, streaming and other functions using distributed servers. The Maestro system will use a distributed server system called IPFS (InterPlanetary File System) to transfer streaming files. IPFS is a distributed file system that uses a structure to connect computers to the same file system.
IPFS implemented a server-based and client-based website using the P2P method. Previously, web pages could only be maintained by using a centralized server. With IPFS, web pages can be distributed and maintained without a centralized remote server. In other words, even if the server becomes unhealthy, files are distributed via P2P, which allows them to share without delay. EOS.IO uses IPFS to implement distributed storage, which is also the reason for choosing EOS.IO for the Maestro system. Developers using the platform EOS.IO put a certain amount of coins to ensure the CPU utilization, and store the block-chain EOS.IO. As the owner of the token Maestro, Maestro allocates the profits earned by its platform, to all other holders of tokens.
Maestro is also distributed with the profit of the platform based on the number of tokens we hold. Of these selected tokens will be used to buy and placing coins in EOS to ensure uninterrupted work of the Maestro system, which will lead to quality care and improve the quality of service. The Maestro will gradually upgrade the Maestro system, according to the EOS development stage.IO.
The Maestro team promises to manage the project effectively and decentralize the maintenance operations gradually. We strive to solve any of the problems or uncertainties found in other projects of the music platform, and hope to work and expand our activities in a practical and rational way.
The mission and purpose of the project
"To create a productive environment in which artists are actively supported, a structure in which creative rights are fairly distributed, and an ecosystem in which artists and investors can collaborate to distribute profits." The goal of Maestro 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 distributed.»
Inevitably, there will be obstacles to the introduction of new technologies in the already Mature music industry. New technologies should be harmonized with the existing structure of the industry and accepted by all its stakeholders. Barriers to entry are even higher thanks to strong culture and long-term industry agreements. Therefore, the Maestro team will focus mainly on segments where blockchain technology can be realistically implemented. He has to come to terms with the existing bureaucratic music industry to make rapid progress.
Soft cap for ICO: None
Hard cap for the ICO: 62,000 ETH
The Maestro team is already working on the project, with funding of 500 million KRW. Hence, there is no soft cap installed and the project will act regardless of whether hard cap is reached or not. After the second ICO, there will be no additional token sale.
The total use of tokens can be divided into five components: 40% for software development; 25% for marketing and business development; 15% for operating costs; and 10% for license fees and legal costs.
To contribute and know about the progress of this campaign, you can visit some of the following links:
WEBSITE: https://maestroproject.io/
WHITEPAPER: https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view?usp=sharing
FACEBOOK: https://www.facebook.com/rightchainlabs/
TWITTER: https://twitter.com/MaestroProject1
TELEGRAM: https://t.me/maestroico
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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