CHANGING THE FORTUNES OF THE MUSIC INDUSTRY

The unique capabilities of technological advancement have contributed tremendously in the brainstorming growth of the entertainment industry with the music industry in particular; however record over time have shown that the successes achieved in the entertainment industry are majorly due to the advent of digitization of entertainment (music), some examples of this capabilities are the online voting, easy access to music download, online streaming and download etc. little wonder the entertainment industry with music in particular seems to be generating revenue and patronage in billions all over the world. With all this peculiarities there are still grave deficiencies beguiling the entertainment industry (music industry) the system suffers a high level of inequalities ranging from inability of the an effective royalty payment system to artiste, piracy, porous centralized platforms etc. even though they have been technological and administrative efforts to correct this anomalies the problems still lingers and worsens day by day. The revolution of blockchain decentralized ecosystem seem to have developed a solution that can finally bring to rest the myriad of issues in the entertainment (music industry) this solution comes in no other package but in ‘’maestro’’ .

Blockchain has taken a cursory gaze into challenges beguiling the entertainment (music industry) and has developed a tested and trusted blockchain ecosystem that is out to create equality and efficiency for all party within the entertainment (music industry), maestro starts its mind bugging transformation of the music industry by revolutionising online streaming services and ensuring adequacy of compensation, with this step maestro is sure to create a system that engender a higher level of co-operation between artist and fans. The blockchain enabled maestro ecosystem will give the needed level of efficiency using its symphony and crowd sourcing ecosystem to aid online streaming, with crowd sourcing artiste can know raise adequate crypto funds from fans (consumers) and when they get enough fund to eventually produce the music they use the symphony ecosystem to get returns (royalty) based on customers (fans) patronage. With blockchain and maestro as its appendage all beguiling challenges of shuddery, opaque transactions, enforcing copy rights and distribution can know be abated using the unique capabilities of blockchain.

ABOUT MAESTRO

The maestro is one of the very many ecosystems of blockchain that promotes artiste and make sure that they make the most from their time and talent, it provides requisite startup funds, militates against the age-long challenges of piracy, enforcement of copyright. With its crowd sourcing platform customers (users) and the artiste (creators) will all have a fair deal. Maestro uses a smart contract that is highly sensitive to error and deviations this is so to make sure that streaming services are effective and commensurate service charge are paid for it, smart contract serves as the only means (key) through which users (customers) can have full access to the avalanche of music inside its decentralized ecosystem store this smart contract key are called maestro tokens. Even though maestro has a dynamic ability that allow it run as a centralized as well decentralized ecosystem, music can still be made available in different formats to meet user preference. Each creator (artiste) uses the stake of music to enforcing copyright. These stakes of music are solely within the discretion of the creator (user) to either give it out to investors or not to give it out. Mae token are used within the ecosystem to exchange and is usually released every year to make sure that it’s not decline in value by inflation

TEAM INFORMATION

ADVISORS

CONCLUSION

The sole aim of blockchain developing was to yet again create system that is transparent, secured and effective; this is possible because the advent of maestro has totally eliminated middlemen thereby making the system more seamless. Maestro is the first of its kind to give an opportunity of teeming talents across the world to get funding and later get commensurate benefits for their talents by using its symphony and ensemble features. This innovation called maestro has the ability of creating employment and optimization of inborn potentials within the teeming populace.

To find out more about Maestro project visit links below:

Website: https://maestroproject.io

Whitepape: https://d2zj5fcd4hookz.cloudfront.net/18.06.11/%5BMaestro%5D+Whitepaper_EN.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4391640.0#post_

Twitter: https://twitter.com/MaestroProject1

Telegram: https://t.me/maestroico

Author's Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1266433