MAESTRO PROJECT - A SOULFUL HUB FOR MUSIC LOVERS
With India being one of the largest music markets, it's the music industry which has to take care of both sides of the coin. On one hand it should pay the artists according to their work and on the other hand should stream the music so that this work of art can reach the maximum ears. The music industry is facing challenges with the involvement of digitalization and technology and I believe it has the potential to set new bench marks and goals. The biggest barrier to the growth of music industry is piracy. This business of selling pirated music has largely affected the industry and is the game changer in the Indian market.
The problem with abnormal streaming of music is that the listeners do not purchase the whole album of the song and eventually the artists are paid less for their work. Significant progress has to be brought up for paid music streaming to do justice for both the artists and the listeners. There is an urgent need to mend the gap between the musicians and the listeners
With the rise of block chain technology, several attempts are being made to revive the music industry and redesign a platform that is beneficial to the music artists as well as the listeners.
Introducing a master platform that is MAESTRO which is a decentralized, block chain supported music streaming platform that glorifies the rights of music artists as well as the listeners. Adding charm to the digital music world, Maestro project aims at solving the unfair pay structure in the music industry. Most of the revenue generated is taken up by the third parties such as the production companies and the artists are barely left with any amount on their part. Project Maestro aims to resolve the plight of the artists and solve the inequality suffered by the musicians. They also look forward to help listeners use streaming services at a fairly reasonable cost. Maestro uses its streaming service, Symphony, for the artists to generate revenue and funding center, Ensemble to raise funds for the artist prior production. This innovative platform maintains transparency in copyrights, transactions and creates an unhampered ecosystem for the growth of artists.
Wide range of digital platforms are gaining momentum and are putting in efforts to bring about the work of artists whole heartedly so that their work is appreciated and not misused. The improvised digital network has come up with streaming services and downloading options as well. There is a need to revive the existing environment to promote the work of artists in a more profitable manner.
It is very much obvious that with the growth of digital network, there will also be growth of the music industry. We need to channelize the terms and conditions and should work accordingly so that no profit falls into the hands of the one who indulges in malpractice and disrupts the streaming services. From a download based era we are now moving towards streaming based paradigm and therefore it should be highly secured and saved from falling into the wrong hands. There is an urgent need to safeguard the rights of the artists and at the same time satisfy the needs of the customers. Proper investment needs to be done in streaming services so that the desired content is available online. New and emerging artists should be given ample opportunities to grow and we must secure their rights as well as the capital should be distributed equally and profitably.
Website - https://maestroproject.io/?lang=en
Whitepaper -https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view
ANN - https://bitcointalk.org/index.php?topic=4391640.20
Telegram - https://t.me/maestroico
Published by - prince0200
Profile - https://bitcointalk.org/index.php?action=profile;u=1807689