The music industry is becoming more profitable every year, bringing in profits, estimated at hundreds of millions of dollars. That is why many companies are developing projects to meet the needs of the music industry. One such project is called the Maestro. Maestro is a musical platform. What are its main features and benefits that can bring ordinary music lovers and those who are involved in the music industry?
Blockchain technology is undeniable to change the face of the digital music industry. However, the existing blockchain music services focus only on improving the distribution and streaming structure that has been established and does not address the underlying issues. Future music products developed with blockchain, unlike their predecessors, must use this technology to provide innovative functions that revolutionize the core music industry. .
Music distribution rights are now exclusive by third parties such as brands and manufacturing companies who have used their influence to control their profits. The inequality inherent in such a distribution structure affects not only the artist, but also the consumer, who becomes burdened with unreasonable prices that they pay to enjoy music. Maestro aims to create a transparent industry through decentralization with blockchain technology. By eliminating "intermediaries" from the process, consumers will be able to use online services at more reasonable rates.
Project Maestro
Maestro is focusing on fast software development, a smoother service for the music platform. Maestro uses blockchain technology based on EOS.IO. They chose EOS.IO because of its high scalability using parallel CPUs, much faster speeds and free DPOS-based transactions. To maximize the profits for the artist and minimize the burden on the consumer, Maestro uses the EOS.IO-based chain of blocking without requiring any transaction fees from the user. The cost of blockchain is calculated for the developer using EOS.IO. There is no cost in addition to the developer deposits. They use EOS.IO's blockchain technology to increase the benefits of decentralizing to all users.
The goal of the Maestro project
Deploying blockchain technology for an efficient music service in the future.
Provide an environment conducive to the creation of music.
Creating an environment in which small and medium-sized manufacturing companies and emerging artists can reduce their financial burdens and retain their rights to their work.
Helps create high quality music by deploying lean processes.
Allowing consumers to freely choose and create new investment opportunities.
Create opportunities for consumers to actively collaborate with artists in project advertising and to participate in the creative process.
Provides decentralized, secure service to all customers
Provide an environment conducive to the creation of music.
Creating an environment in which small and medium-sized manufacturing companies and emerging artists can reduce their financial burdens and retain their rights to their work.
Helps create high quality music by deploying lean processes.
Allowing consumers to freely choose and create new investment opportunities.
Create opportunities for consumers to actively collaborate with artists in project advertising and to participate in the creative process.
Provides decentralized, secure service to all customers
The advantages of the project
Pay for users for what they hear. At the same time, payment is lower than other services. Put simply, pay for actual consumption.
For artists to solve the problem of price increases in production. As a result, artists will receive a fair profit. No need to worry about the cost of producing music. Creative works will have their rights.
All profit distributions between the owners of the tokens.
Artists can set a distribution rate.
The transparent profit structure of the service.
Eliminate intermediaries in the online service.
Route
Distribute the token
Currently, Token is provided to ICO participants who comprise 62% of the total number of tokens. The profit from the Maestro platform is returned to the token owner and the system does not receive a separate charge. Therefore, the company will hold 22% of the total number of tokens for the purpose of managing and operating the Maestro online service. Shares of the Maestro group are 13%, locked in one year from the end of the ICO. The remaining 3% will be placed on the Bonus Campaign for social media marketing purposes.
In addition, all project benefits are distributed by token. In particular, the cards are necessary to ensure the continuous operation and stability of the Maestro system. This will have the best effect on the quality and speed of service for all users. In the future, developers are planning to continually improve their projects, so that it meets the needs of those who use it.
Information Maestro Token ICO
MAE is provided through a snapshot of the wallet in Ensemble. Profits on the platform are distributed once a week. The goal of the Maestro Group is to break down the profit structure through blockchain technology. All platform profits are affected by the amount of MAE held. The unsold badges will be canceled. Due to inflation, the issuance of additional tokens is expected to take place once a year and further releases are prohibited by law.
- Tên Token: MAE
- Standard: erc20
- Total Token Issue: 1 000 000 000 MAE
- Total token sales: 620 000 000 MAE
- Private Sale Round: 16.06.2018
- Starting ICO for the first time: 30.06.2018
- Second ICO launch: 16.07.2018
- Token price: 1 ETH = 10 000 MAE
- Soft Cap for ICO: None
- Hard Cap cho ICO: 62 000 ETH
The Maestro team is working on a project, with a grant of 500 million KRW. Therefore, there is no soft set limit, and the project will proceed regardless of whether or not we achieve the target amount. After the second ICO, there will be no additional sales notification.
Conclude
For me, the Maestro Music Platform will definitely get the attention of music lovers and want to join as soon as possible in a project based on Blockchain technology. This platform is the only opportunity for investors who want to invest in a service-providing project in the music industry.
The Maestro Group promises to lead the project in an efficient and decentralized way. They seek to address any issues or uncertainties found in other music-based projects and hope to operate and expand our operations in a practical and reasonable manner.
Find more information here:
WebSitе: https://maestroproject.io/
Facebook: https://www.facebook.com/rightchainlabs/
Telegram: https://t.me/maestroico
Twitter: https://twitter.com/MaestroProject1
Name bitcointalk: erwin_ibrahim
ETH : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c
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