General Overview
Music to so many individuals can be best ascribed in numerous and unique ways . It’s is an Art that has evolved with constant changes and upgrade both in the personality that carry out the actions over time with unimaginable benefits.
Music for a very long period of time 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 both writers, singers, instrumentalist ,vocalist, producers etc.
The socio economic merit of the music business is constantly increasing with alot of individuals wanting to fully utilize the potentials thereby utilizing new innovative ideas in technologies for this. Today, the music business is prone to various issues and problems . Although everyone is endeavoring to make positive changes, clamouring for more because they have only been met with little success. There is now a crucial need and upgrade for innovative technologies and this is where Maestro steps in.
The Maestro is a platform that aims to decentralize the music industry by integrating the Blockchain Technology.
INTRODUCTION OF MAESTRO
The awesome project is a decentralized music platform which it's major goal is to provide solutions to the challenges facing the music industry currently.
Basically some of the challenges includes the •Unfair structure of the industry itself.
•Artist are constantly “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.
•Most music player companies only worsen this disparity through inefficient administration.
With so many thoughts and ideas, experts and scholars have critically analysed the issue and came to a consensus that it is logical and proper that music, as well as the music industry, thrive and move to the next level seamlessly which 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, the awesome project has integrated 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, their major “goal is to create a transparent industry through decentralization with Blockchain Technology”. This is the projects blueprint to achieve by forgetting the "middlemen" and reducing their activities from the process which would enable consumers to use streaming services impressively at more sensible costs.
The platform basically consists of two unique system
•Ensemble - This is the segment for Crowdfunding. At this point , Artists who lack enough resources for their startup projects can use this to source for funds and generate revenue to execute a particular project.
Symphony - The is based on the segment of ecosystem for streaming.
This service can be used by an artist to gather momentum, get huge idea music business and also get revenue from their music.
Token Analysis and Distribution
MAESTRO TOKENS
The Maestro Token (MAE) is the utility token of the platform.
It is going to be fully utilized for payment within the platform, it is also going to be used in profit sharing and generation . This token is based on the EOS Blockchain.
Team and Advisors
Conclusively, there is no doubt about the great revolutionary potentials that maestro can pose to the music industry at large after critically analysed it's potentials . In my own personal survey , this platform 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 know and have belief in the aims and goals of Maestro and have no doubt in their ability to the deliver because of the power of the team/advisors as they are highly experienced in both the music industry and with Blockchain Technologies.
For More information please access this useful links
WEBSITE: https://maestroproject.io/
WHITEPAPER: https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view?usp=sharing
TWITTER: https://twitter.com/MaestroProject1
TELEGRAM: https://t.me/maestroico
FACEBOOK: https://www.facebook.com/rightchainlabs/
MEDIUM: https://medium.com/@maestroproject
INSTAGRAM: https://www.instagram.com/maestroproject/?hl=ko
YOUTUBE: https://www.youtube.com/channel/UC1JuSyCHmTqyYxsMZc55WHA
GITHUB: https://github.com/maestro-project
ANN: https://bitcointalk.org/index.php?topic=4415850.0#post_
Author :Dulo Wegner
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awesome idea
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