MAESTRO which is a decentralized, block chain supported music streaming platform that glorifies the rights of music artists as well as the listeners.
Maestro is primarily composed of two parts: "Symphony," the streaming service, and "Ensemble," the crowdfunding center. Artists can raise funds for their project prior to production through Ensemble. After completing the project, they can then distribute their creations and generate revenue through Symphony. The distribution and handling of rights, copyright, and transactions are all transparently executed through Symphony in accordance with data recorded on Maestro's blockchain.
Maestro will become the new paradigm for the music industry. 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.
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 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. Therefore, we propose a 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.
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The Maestro music platform will surely interest those who are fond of music and would like to participate as soon as possible in a project based on the technology of blockades. This platform is a unique opportunity for investors who would like to invest in a project that offers a variety of services in the music industry.
For more information:
WHITEPAPER | https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view
WEBSITE | https://maestroproject.io/
TWITTER | https://twitter.com/MaestroProject1
TELEGRAM | https://telegram.org/
FACEBOOK | https://www.facebook.com/rightchainlabs/
YOUTUBE | https://www.youtube.com/channel/UC1JuSyCHmTqyYxsMZc55WHA
ANN| https://bitcointalk.org/index.php?topic=4415850.0#post_
Author: redwater2018
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1787818