MAESTRO: Creating A Decentralized Music Platform For All.

royalt123 (42)in #ico • 6 years ago (edited)

The term “Music” can be defined in various unique ways by almost anyone. It’s is an Art that has evolved over time with unimaginable benefits. Music overtime has also been seen as a genuinely productive portion of the business that is continually advancing rather than just an Art alone. From time to time, there are new entertainers, a significant number of whom are adequately gifted, there are also numerous music communities, of which are music lovers, as well as experts who take music as a profession.

The economic benefits of the music business is constantly expanding with many wanting to fully utilize the potentials thereby utilizing innovative technologies for this. In any case, today the music business faces various challenges. Though everyone is endeavoring to make positive changes, they have only been met with little success. There now a crucial need for innovative technologies and this is where Maestro steps in. Maestro is a platform that aims to decentralize the music industry by integrating the Blockchain Technology.

ABOUT MAESTRO

Maestro is a decentralized music platform that aims to be the solution to the challenges facing the music industry currently. This includes the unfair structure of the industry itself. Artist are been “milked” without even benefiting much from it as labels, agencies, third parties, in general, take the highest percentage up to 80% leaving the Artists with little or nothing. Music player companies only worsen this disparity through inefficient administration.

It is only logical and proper that music, as well as the music industry, thrive and move to the next level seamlessly. This is the belief of Maestro and for this to happen according to them, there would need to be an environment focused on advancing the imaginative endeavors of artists and ensuring their reasonable pay. Thus, maestro is integrating blockchain into the music platform which would act as a creative ecosystem that is set up on high-minded cycles of mutual cooperation between creators and consumers.

According to Maestro, they “aim to create a transparent industry through decentralization with Blockchain Technology”. This they plan to achieve by forgetting the "middlemen" from the process which would enable consumers to use streaming services impressively at more sensible costs.

The Platform fundamentally consists of 2 Systems.

Symphony - The Symphony is the segment of the ecosystem for streaming. This service can be used by an artist to generate revenue from their music.

Ensemble - This is the segment for Crowdfunding. Here, Artists, who lack enough funds for their startup projects can use this to source for funds.

MAESTRO TOKENS
The Maestro Token (MAE) is the utility token of the platform. It is going to be used for payment within the platform, it is also going to be used in profit sharing. This token is based on the EOS Blockchain

In Conclusion, there is no doubt the enormous revolutionary potentials that maestro affords the music industry. In my personal opinion, this project is one to watch out for, whether you are an artist, a music related brand, or just a general lover of music as Maestro looks to change the scenery of the music industry. I believe in the goals of Maestro and I believe in the delivery power of the team/advisors as they are highly experienced in both the music industry and with Blockchain Technologies.