Blockchain technology has undoubtedly had an impact on the digital music industry. Nonetheless, current blockchain music services emphasize the improvement of established streaming and distribution structures, neglecting the fundamental problems of the industry. However, the Maestro Company is trying to stand out from the competition by using blockchain technology to solve the industry's main problems.
What is Maestro?
It is a blockchain-based music streaming platform for artists and listeners that wants to revolutionize the digital music world.
Maestro aims to fill the market gap of a platform that gets rid of intermediaries in the music industry, exploiting artists and raising prices for music consumers. Artists no longer have to worry about high production costs for music, and customers just have to pay for the songs they hear at low fees.
The platform is divided into two areas:
Symphony - the streaming service
Ensemble - the crowdfunding center
How to stream music Maestro Blockchain to work of the artist
Maestro will create a beautiful cycle ecosystem in which artists will produce their projects through advanced financing, publish results via streaming services and share profits with investors on the platform.
Smart contracts handle the whole process in a decentralized system that eliminates the need for third-party intervention. This handling includes holding a decryption key for music stored in an encrypted distributed Maestro memory. Consumers on the platform use Maestro tokens as a payment method to get decryption keys to stream their music.
symphony
This is a streaming service that allows artists to distribute their music directly to their fans on the platform. It also records all streaming services and other relevant activities such as user voices and public issues of Maestro blockchain.
ensemble
It is a crowdfunding platform center that allows artists to create their content and raise money. The artists control the right to distribute their work and can determine the amount of funds for their content.
Stake Of Music (SOM)
SOM is proof of the creative content rights that are provided to investors in the project. The artist first keeps SOM, and he can distribute it to investors on a crowdfunding basis. All advantages of the platform are evenly distributed according to the SOM ratio.
Maestro Point (MSP)
Maestro Points (MSPs) are the influences used in the streaming service Symphony for up- and downvotes.
They will be awarded based on the number of Maestro tokens owned, the amount of streaming usage, and SOM received by participating in the ensemble funding.
Details of MAestro MAE Token & ICO
The MAE token is a platform transaction medium. This is not only used for streaming services, but also listed on the stock exchange.
All investment income will also be distributed on the platform at Maestro Tokens.
Parameters of the ICO
Token Name: Maestro Token
Token symbol: MAE
Price: 1 ETH = 10,000 MAE
Tokens for sale = 620,000,000 MAE
Personal sales
June 16, 2018 - June 30, 2018
Bonus - 30%
62,000,000 MAE
1. ICO
July 7, 2018 - July 21, 2018
Bonus - 10%
186,000,000 MAE
ICO 2
July 28, 2018
No bonuses
334.8 million MAE
Assignment of tokens
Sale - 62%
Reserve Company - 22%
Bounty - 3%
Reservation Team - 13%
Use of the results
Engineering and software development - 40%
Marketing and Business Development - 25%
Operating costs - 15%
Content and License - 10%
Law - 10%
MORE INFORMATION
WEBSITE :https://maestroproject.io/
WHITEPAPER :https://d2zj5fcd4hookz.cloudfront.net/18.06.11/%5BMaestro%5D+Whitepaper_EN.pdf
ANN :https://bitcointalk.org/index.php?topic=4459450
TWITTER :https://twitter.com/MaestroProject1
TELEGRAM :https://t.me/maestroico
MY BCT :https://bitcointalk.org/index.php?action=profile;u=1948669
MY ETH :0x136BBF58110bD3e75a33e1176D82A6c8F35ba632
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