What is MAESTRO?
MAESTRO is A blockchain-based music streaming platform for artists and listeners. Maestro started with such a need, to solve a problem that plagues the music industry today: namely, the unfair structure of the industry itself. Third parties, such as labels and agencies, currently reap in over 80% of generated profits, leaving artists with barely any support and struggling with financial burdens. Music player companies only exacerbate this inequality through the inefficient bureaucracy. We at Team Maestro believe that for both music and its industry to thrive, we must provide an environment focused foremost on promoting the creative efforts of artists and guaranteeing their fair compensation.
Blockchain-based music platform that acts as a creative ecosystem established on virtuous cycles of mutual cooperation between creators and consumers. Music distribution rights are currently monopolized by third parties such as labels and production companies, who have used their influence to control the resulting profits. The inequality inherent in such a distribution structure affects not only artists but also consumers, who become burdened with unreasonable prices they must pay to enjoy music. Maestro aims to create a transparent industry through decentralization with blockchain technology. By leaving out the "middlemen" from the process, consumers will be able to use streaming services at considerably more reasonable prices.
Maestro distributes all profits generated from the platform among token holders. Maestro is a virtuous-cycle platform where all pro ts created from music are returned to the artists and investors. The goal for Maestro's blockchain is to gradually expand its function to ultimately decentralize the system and minimize the elements handled by the company. Maestro minimizes the service distributor's pro ts through decentralization of the service. The decentralized service will minimize the roles of the service distributor and operator, decreasing unnecessary allocation and helping to establish a proper music ecosystem.
Project Team:
Token Details:
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 pro t 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.
Token MAE
Price 1 ETH = 10,000 MAE
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Hard cap 62,000 ETH
Country Singapore
Whitelist/KYC KYC & Whitelist
Verdict:
Maestro will become the new paradigm for the music industry. We at Maestro will provide an environment that allows for unhampered creation as well as an ecosystem that fairly divides rights of songs between artists and investors, and profits among all token holders. Maestro aims to revolutionize the bureaucratic media industry and to cooperate with existing parties to ultimately aid and nurture a greater diversity of artists.
Important links:-
Website: https://maestroproject.io
Whitepaper: https://jsecoin.com/whitepaper.pdf
Telegram Group: https://t.me/jsetelegram
Twitter: https://twitter.com/MaestroProject1
Facebook: https://www.facebook.com/rightchainlabs/
ANN: https://bitcointalk.org/index.php?topic=4391640.0#post_
Bounty: https://bitcointalk.org/index.php?topic=4415850.0
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
