MAESTRO

MAESTRO digital music world revolution



ABOUT MAESTRO

Maestrois a blockchain based music platform consisting of crowdfunding centers and streaming services. Maestro focuses on building platforms where profits are distributed fairly through the transparency of blockchain technology and thereby solve capital problems: the most fundamental issues that support the industry today. Artists can reduce the burden of production costs by receiving funding through Maestro crowdfunding center, "Ensemble." Consumers receive rights to the content they have invested. As investors receive a share of the rights of the song, they can also develop a sense of responsibility in promoting it. Once completed, the project is registered to the streaming service, "Symphony." Subsequent profits resulting from content are distributed among shareholders. In other words,

Rather than just focusing on the profit portion of the artist, we handle funding issues for all participants. We can build active, participatory music services by providing incentives to each participant. We at Maestro focus exclusively on creating a new music ecosystem that can support all artists, production companies and investors, using blockchain technology and considering appropriate incentives for each participant. respectively.




Maestro Platform

EOS.IO-based Blockchain system

Maestro focuses on the rapid development of software from seamless services to music platforms. Maestro uses EOS-based blockchain technology. We chose EOS.IO because of its high scalability using parallel CPU, far superior speed, and free transactions based on DPOS. To maximize profits for artists and minimize burden for consumers, Maestro uses EOS.IO-based blockchain that does not require individual transaction costs from users. The cost of blockchain is charged to the developer using EOS.IO. There are no fees other than the coins paid to the developer. We use EOS.IO blockchain technology to increase the benefits of decentralization for all users.

FEATURES - FEATURES

Blockchain -Based 'Music Streaming + Funding' Platform

Maestro is a comprehensive music platform that integrates investment, distribution, and profit realization. Maestro is a blockchain based platform that consists mainly of two parts: a crowdfunding service that handles attractiveness, investment, allocation and balance of accounts for funding, and a streaming service that handles music distribution. Maestro's goal is to build a noble-cycle ecosystem where artists produce their projects through advanced funding, distribute results through streaming services, and share profits with investors. The whole process works entirely through smart contracts and decentralized systems, without any third party interference. Technical details will be explained further in the next section.

Maestro System

Maestro consists of two platforms, Ensemble and Symphony. Both of these platforms are connected to Maestro blockchain through smart contracts, with all music files encrypted and stored in distributed storage. We are currently focusing on the development of service operations, and aim to ultimately build decentralized platforms through distributed storage supported by EOS.IO.

Maestro Smart Contracts (Smart Contract)
Maestro, along with contracts for listening and payment for the use of streaming services, including the distribution of rights and allocation of track profits through the system's fund. It also holds the decryption key for music stored in the encrypted Maestro distribution of storage. When using the service, consumers will use the Maestro token to receive a decryption key to stream their music.

Symphony: Music Streaming DApp

Symphony is a Maestro streaming client. We at Maestro are planning to develop a mobile version app after fully developing the web platform. Symphony transparently records the use of services and other related activities, such as user votes and general questions about Maestro blockchain.

Ensemble: Crowdfunding Center

Ensemble is a crowdfunding decentralization application (DApp) that allows artists to create projects and raise funds. Artists can personally distribute the rights to their work and specify the amount of funds they wish to receive. Ensemble actively helps artists in obtaining funding for their projects and securing their rights. The system also regulates account balance and revenue allocation.

Music Storage
In the early stages of service, Maestro will store the music through a centralized server for maximum efficiency and fast service performance. In an adult system, all music uploaded to Maestro will be encrypted and stored in a distributed storage. When uploading a file, the music will be encoded and stored according to their sound quality and file format, such as Hz and Kbps.

Maestro Token (MAE)

The Maestro Token (MAE) is the base currency of Maestro. This token is a payment method for a streaming service and will be listed on the exchange. All payment methods in this service will use Maestro Tokens. The investment profits will also be distributed at Maestro Tokens.

Stake of Music (SOM)

Stake of Music (SOM) is evidence of rights to creative content provided to investors in the project. SOM was initially held by the artist, who could choose to allocate it among investors at the crowdfunding stage. SOM holds the rights to profits generated by creative works; all the advantages of the platform are allocated equally based on SOM ratios. All SOM transactions are recorded in blockchain.

Maestro Point (MSP)

Maestro Points (MSPs) are the influences used for upvotes and downvotes in the Symphony streaming service. MSP is awarded based on the number of Maestro Tokens (MAEs) held, stream of service usage, and SOM obtained by participating in Ensemble funding.

MAESTRO OBJECTIVES
Maestro's goal is to decentralize all areas of service. The Maestro team has reviewed the technology for implementing file transmission, streaming, and other functions using a distributed server. Maestro System will use a distributed server system called IPFS (The inter-planetary File System) to transmit streaming files. IPFS is a distributed file system that uses a structure to connect computers to the same file system. IPFS has implemented web-based servers and clients using P2P methods. Previously, the web could only be maintained using a centralized server. With IPFS, the web can be distributed and maintained without a centralized remote server.

In other words, even if the server becomes inoperable, the file is distributed through P2P, allowing them to be shared without delay. EOS.IO uses IPFS to implement distributed storage, which is also the reason EOS.IO is selected for Maestro systems. Developers using the EOS platform.IO install a number of coins to ensure CPU and storage usage for blockchain EOS.IO. As Maestro token holder, Maestro allocates the profit generated by its platform to all other token holders. Maestro is also allocated with a platform advantage based on the number of tokens we hold. Part of this allocated tokens will be used to purchase and store EOS coins to ensure the smooth operation of the Maestro system, which leads to the maintenance and improvement of quality services. Maestro will further enhance the Maestro system, according to the development stage of EOS.IO.

Maestro's team promises to lead the project efficiently and progressively decentralize service operations. We strive to address the issues or uncertainties found in other music platform projects, and hope to operate and expand our operations with practical and rational methods


SOLUTIONS OFFERED

1. 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 the 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, $ 16.2 billion in funding 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 generated by fans and investors, and the benefits generated by streaming songs are distributed equally among artists and investors. Blockchain technology will thus play an important role in providing funds to produce music and equitably distributing rights.

1. Reasonable Models and Breakthroughs for Consumers
Maestro methods will bring more benefits to consumers as well. The Maestro service has a reasonable pricing policy in which the consumer pays according to the number of songs that are actually streamed. 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 project they funded is successful, they can expect a share of the profits based on their investment amount.




WITHOUT PROUDE WE INTRODUCE MAESTRO TEAM




To know more details about Maestro please visit:

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Eth: 0xA35213de7bdaBE7C3718F570b3B33727A2eC79c5

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