MAESTRO ICO
This blockchain technology was first introduced by Stuart Haber
and W. Stornetta. At that time the first work was done on the blocks
safely using crytographically, precisely in 1991. Just in 1992, Haber
and Stornetta collaborated with Bayer to create a merge between merkle
trees and blockchain that can increase efficiency so that collected
several documents into a block. The first distribution of blockchain,
which became the point of popularity of digital technology was conceived
by a Satoshi Nakamoto. At that time the distribution was not only done
by him but also supported by a group of anonymous, precisely in 2008. In
2008, blockchain technology again very popular when applied as one
component bitcoin or widely known as one of digital currency.
This
blockchain technology function in bitcoin is used for the ledger of all
transactions. The use of blockchain in bitcoin itself, making bitcoin as
one of digital currency that can be a solution of double expenditure.
In 2014, this blockchain technology continues to innovate to release a
version of blockchain 2.0 that its use more easily. Enables users to
write smart contracts, more powerful and enables invoicing that can pay
for themselves when the submissions arrive. It is also possible to share
an automated certificate by sending the owner dividend when the profit
has reached a certain level.
Blockchain technology has been successful with bitcoin and the
subsequent development of various types of alternate coin such as
Ethereum, RIpple and others. In addition to developing the application
of blockchain technology in various industries. As in the digital music
industry. However, the existing blockchain music services only focus on
improving the established stream and distribution structure, and failing
to address the underlying problems of the industry today. Generally
blockchain music services are more concerned with third parties such as
labels and agents than artists. Blockchain music services should utilize
technology to provide innovative functions that revolutionize the music
industry at its core. We introduce a platform called Maestro
that is more concerned with the artist. For more details please read
the following paragraphs. Or for detailed info please visit the website, read whitepaper and join in telegram maestro. If you are interested please join with Maestro on ICO.
Maestro
Maestro
is focusing on fast software development of a smooth service for the
music platform. Maestro uses EOS.IO-based blockchain technology. We
chose EOS.IO because of its high scalability using parallel CPUs, far
superior speed, and free transactions based on DPOS. To maximize profts
for artists and minimize burdens for consumers, Maestro uses an
EOS.IO-based blockchain that does not require any individual transaction
fees from users. The cost of the blockchain is charged to the developer
using EOS.IO. There are no costs apart from the coins deposited to the
developer. We use EOS.IO blockchain technology to increase the benefts
of decentralization for all users.
Maestro is primarily composed of two parts: "Symphony," the streaming
service, and "Ensemble," the crowdfunding center. Artists can raise
funds for their project prior to production through Ensemble. After
completing the project, they can then distribute their creations and
generate revenue through Symphony. The distribution and handling of
rights, copyright, and transactions are all transparently executed
through Symphony in accordance with data recorded on Maestro's
blockchain
Current Production Process
Production companies receive funding as investment from labels to
produce music. As such, they first transfer exclusive rights to the
distribution. Even if only part of the rights are transferred, the
artist should just distribute their music through the label. Once the
contract is drawn, the artist has no choice but to follow the
established process to receive proper funding and publicize their
creations. With Maestro an Artist can make:
Crowdfunding for Music Production
To create an all-encompassing musical ecosystem, Maestro is focused
on solving capital problems and providing a stream-based streaming
streaming service. Maestro will solve this problem through crowdfunding.
Crowdfunding is an alternative financial service that allows projects
or businesses by raising money from many people. Already known as the
business method used by Kickstarter and Indiegogo, funding of $ 16.2
billion has been invested worldwide through this method. Crowdfunding
has solved funding problems for promising businesses and projects while
creating new processes that enable early adopters to choose products to
produce. Many projects, especially in the arts, have successfully
started through this process.
Maestro wants to apply the concept of crowdfunding organically
throughout the music industry. We aim to create an ecosystem where
production costs are raised by fans and investors, and the benefits
generated by streaming songs are distributed evenly amongst artists and
investors. Blockchain technology will thus play an important role in
providing funds to produce music and equitably distribute its rights.
Models of Reasonable and Breakthrough for Consumers
Maestro methods will bring more benefits to consumers as well. The
Maestro service already makes sense of the pricing policy in which
consumers pay according to the number of songs they have actually
flowing. If consumers do not use any of the services provided, they are
not charged. Maestro provides incentives to consumers by allowing purely
playable subscription packages based on usage. This funding structure
provides new investment and communication opportunities for consumers.
Consumers can choose to communicate directly with artists and become
active participants in their projects. If the projects they funded
succeed, they can expect a share of the profits based on the amount of
their investment. Maestro is the first blockchain platform through which
consumers and artists can help each other for mutual benefit.
Maestro's Profit Structure
The proft model is primarily comprised of fees from the streaming
service and crowdfunding. Fully 100% of profts are returned to the token
holders. All profts are fairly returned to the token holders according
to the ratio of tokens held. The Maestro System does not obtain any
proft.
Funding and Token Distribution
MAEs are provided through snapshots of the wallets in Ensemble.
Platform profits are allocated once per week. The Maestro team's goal is
to decentralize the proft structure through blockchain technology. All
platform profits are affected by the number of MAEs held. Unsold tokens
will be destroyed. Due to inflation, issuance of additional tokens is
expected to take place once per year, and further issuance is prohibited
as a rule.
Goals to Attain
- Soft cap for ICO: None
- Hard cap for ICO: 62,000 ETH
Token Allocation
With the ever-increasing market growth every year we believe the Maestro project will be a success.
ROADMAP
May – 2018
Continue to improve marketing for the artist
June – 2018
Private capital for investment companies and the first company that uses ICO 1.2
July-2018
Sign a memorandum of understanding with major companies
November 2018
Listed on the exchange
Released demo version v1.0
Completed 100 companies sponsoring artists, led by Maestro
Released demo version v1.0
Completed 100 companies sponsoring artists, led by Maestro
May – 2019
Official version of Mainnet
The Maestro team is already working on the project, and there is a
500 million KRW financing. Therefore, no soft caps are installed, and
the project will act regardless of whether the hard cap will be achieved
or not. After the second ICO, there will be no additional tokens.
Therefore let us join with us on ICO Maestro which will be held on or follow this link. https://maestroproject.io/arm_login/?lang=en&restricted=page
For more information about Maestro, you can visit links below:
Website : https://maestroproject.io/
ANN Thread : https://bitcointalk.org/index.php?topic=4391640.0
Facebook : https://www.facebook.com/rightchainlabs/
Twitter : https://twitter.com/MaestroProject1
Instagram : https://www.instagram.com/maestroproject/?hl=ko
Telegram : https://t.me/maestroico
Medium : https://medium.com/@maestroproject
GitHub : https://github.com/maestro-project
Username Bitcointalk : hantu coin
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2010241
ETH Address : 0xF1238e3a8F341b123e8Dd884DBFD1cE65496681C
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