A Blockchain-based Music Streaming Platform for Artists and Listeners MAESTRO
Some of Digital Music Industry has been Change by Blockchain. That mean Blockchain Musci Service has improving established streaming and distribution structures, and fail to address fundamental problems of the current industry.
What MAESTRO to Do?
Yups, Maestro will solve a problem that plagues the music industry. The unfair structure of the industry and 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.
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.
The Problems of the Market: Unfair Profit Structure for Artists
- The Unresolved Problem of the Music Market: Value Gap
- A Loss for Artists: An Unfair Profit Structure
- A Loss for Consumers: An Inefficient Payment Structure
The Emergence of Blockchain and Its Issues
- Agony for Consumers: A Lack of Music from Existing Labels
- Agony for Production Companies and Artists: Defiance Toward the Existing Structure
- Agony for Labels: A Lack of Benefits
Solution
- A Solution to the Problem : Capital
- Current Production Process
- Inadequate Structure for New Artists
- Solution 1: Crowdfunding for Music Production
- Solution 2: Reasonable and Groundbreaking Model for Consumers
- Maestro's Services
Goals
- Implement blockchain technology for an efficient, future-oriented music service platform
- Provide a conducive environment for creating music
- Create an environment in which small to medium-scale production companies and emerging artists can reduce their financial burden and retain their rights over their work
- Help produce high-quality music by implementing the Lean Process
- Allow consumers freedom of choice and create new investment opportunities
- Provide opportunities for consumers to actively cooperate with artists in promoting projects and to participate in the creative process
- Provide decentralized, secure services for all customers
Overall structural diagram of Maestro
Maestro's Profit Structure
Road Map
More Detail :
Website : https://maestroproject.io/
Whitepaper : https://s3-ap-southeast-2.amazonaws.com/io.maestroproject.docs/%5BMaestro%5D+Whitepaper_en.pdf
Bitcointalk : https://bitcointalk.org/index.php?topic=4415850.0#post_
Ask Everything Here :
Telegram : https://t.me/maestroico
Media Social :
Facebook : https://www.facebook.com/rightchainlabs/
Twitter : https://twitter.com/MaestroProject1
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
Author :
Username : payjoe93
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1961841
ETH Address : 0x596D7084059fe41C237449584163045c3990308c