MAESTRO: AN INNOVATION IN THE MUSIC INDUSTRY FACILITATING A NEW DECENTRALIZED PLATFORM WHERE ARTIST AND AUDIENCE ENGAGE DIRECTLY IN THE BLOCKCHAIN ECOSYSTEM

in #blockchain6 years ago (edited)

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As different platform continue to leverage on the huge potentials inherent in the blockchain technology, it is pertinent that the music industry will take a leaf in order not to be left out in the scheme of things. Present trends in the blockchain musical apparatus indicate there is the need to consciously sharpen up the existing conventional flow and transmission module inherent in the architecture due to insolvent fundamental issues plaguing the industry. Nevertheless, the Maestro project is championing a solution that will make them take the road less traveled by using the blockchain digital technology to provide a solution to some of the critical industry glitches. It’s a blockchain leveraged music streaming infrastructure with artists and listeners on board who are striving to bring innovations to revolutionize the digital music space.
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The Maestro project is poised to building a fresh decentralized architecture for creators and spectators of the music industry via the eradication of unnecessary arbitrators presently raking in over 45% of the accrued proceeds. Maestro is pioneering a new paradigm where the entertainers, performers, among others in the block will receive the financial value they lawfully merit while providing the opportunity for the listening audience to relish the music at a very minimal price.

WHAT SOLUTION IS MAESTRO BRINGING ON BOARD
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Maestro Is a platform with a huge value proposition, attracting rave reviews even from trusted experts in the blockchain ecosystem. The Maestro project comes with a cardinal objective to drive a new dynamism for the music industry. It was consciously modeled to provide an ecosystem that allows for unconstrained crafting as well as an infrastructure that equitably and seamlessly splits rights of songs amongst artists and investors, and proceeds between all token owners. With an objective of the project which is to accomplish an unwavering functionality and swift strategic progress of the service, concentrating on accurate and fast commercial operations.
Basically, fresh artists that want to commence projects can raise cash via marketing activities in the music communities dedicated on MIDI invention on the infrastructure, a good number of composers and artists are selected and given their first breakthrough by foremost producers via the instrumentality of the communities.
According to deductions from infographics, the Maestro’s major value proposition is to transform the inflexible media industry and to collaborate with prevailing parties to eventually assist and develop a better diversity of artists and entertainers, eradicate the issue of pointless brokers raking all the gains instead of the actual creators, and for we the listeners to enjoy low cost in procurement.

FUNDAMENTAL MAESTRO STRUCTURES
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With a view to making its work more seamless and accessible, the maestro platform makes provision for two Dapps namely the: Ensemble and Symphony. For the ensemble, it is the crowdfunding architecture for the artist, enthusiasts, and devotees. The Ensemble is fashioned to make available innocuous artists, with direct donation approaches all through for firsthand or existing projects. Basically, the fans who contribute to the project, invariably, it will be able to openly take part in the creative procedure of the artist well liked. The exceptional creator or inventor of the music have faith that such an infrastructure will basically benefit them mutually and exposed fresh boundaries for the artist and collection of the audience in the platform
For the symphony, it represents the streaming service for creators and consumers in the ecosystem. Symphony basically facilitates fair and efficient distribution system in the music industry globally. In other words, creators will be able to merit physical yields that they earn. While also users cherish the online music service continuously, and in a lower cost fashion supported by the Interstellar File System, (IPFS) that leverages on the EOS network. Understandably in this process, the symphony orchestra apparently affords top quality music with a modest tap.

THE MAESTRO TOKEN
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The Maestro Token (MAE) is the in-house currency of Maestro, utilized for various operations and transactions across the infrastructure. The token is the payment system for the streaming service and will be listed on the exchange. All payment processes within the service will use Maestro Tokens. Investment returns will apparently be distributed in Maestro Tokens on the ecosystem.

TOKEN DISTRIBUTION
Total Tokens Allocated For Sale – 62%
Sent for reserve – 22%
Bounties -3%
Allocated for developers - 13%
In other words, the tokens provided to ICO participants is summed up as 62% of the total number of tokens. Basically, the gains accrued from the Maestro platform are refunded to token holders, and the system obtains no discrete charges. Like the enumeration stipulates, the company will preserve 22% of the total number of tokens in the interest of Maestro streaming service operation and administration.

CONCLUSION
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The Maestro music platform is indeed the future of the blockchain digital technology, particularly with its value proposition in the music industry space. The platform will be an instant hit for persons with warm affection for music and likes to mingle in a project leveraging on blockchain technology. The platform is not just providing solutions; it is investors haven as an incentivized platform

THE TEAM
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The maestro team is vastly experienced and must be commended for conceptualizing this value laded project. Maestro with a collection of impressive personalities that have made a huge mark in different spheres of digital technology and other endeavor, we can be assured that this project is heading in the right direction as a solution and incentivized platform.

For more insight about the Maestro project, please click on the links below:

Website: https://maestroproject.io
WhitePaper: https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view
Bitcointalk: https://bitcointalk.org/index.php?topic=4391640.0
Telegram: https://t.me/maestroico
Twitter: https://twitter.com/MaestroProject1
Facebook: https://www.facebook.com/rightchainlabs
Bounty: https://bitcointalk.org/index.php?topic=4415850.0

Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625

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