MAESTRO - Revolutionizing the Digital music world listeners
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Greetings,
Through this article I would like to introduce to you about MAESTRO project
Maestro is a blockchain based music streaming platform for artists and listeners. Meaning not only the artists will be in the lime light here but also the listeners.
So what makes Maestro different from other music services blockchain?
Its because existing music services blockchain are only focused on improving established streaming and distribution structures and they fail to address the fundamental problems of the current music industry. Unlike Maestro which intend to solve the unfair structure of the music industry. Study shows that 80% of the generated profit that should be supposedly be given to the artist are going to the third parties such as label and agencies which leave the artist struggling with financial support.
Maestro believe that for both music and its industry to thrive there should be a fair compensation between the company and the artist. That is why Maestro created a blockchain based music platform that acts as a creative ecosystem established on virtuous cycles of cooperation between creators and consumers.
The best thing for me about Maestro is that they aim to create a transparent industry through decentralization with the help of blockchain technology. They will leave out the "third parties" or the "middlemen" from the process which will make the consumers use streaming services in a more reasonable price.
What are the goals of Maestro project?
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. Maestro will become the new paradigm for the music industry. We at Maestro will provide an environment that allows for unhampered creation as well as an ecosystem that fairly divides rights of songs between artists and investors, and profits among all token holders. Maestro aims to revolutionize the bureaucratic media industry and to cooperate with existing parties to ultimately aid and nurture a greater diversity of artists.
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 profit 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
The Maestro team is under way with the project already, with KRW 500 million funding. Consequently, there is no set soft cap, and the project will proceed regardless of whether we
achieve the target amount or not. After the 2nd ICO, there will be no additional token sales.
Maestro Token(MAE) = 1,000,000,000 MAE
Total token for sale = 620,000,000 MAE
Price: 1ETH = 10,000 MAE
*We will burn all unsold tokens.
GOAL:
Private Sale: 62,000,000 MAE
1st ICO: 186,000,000 MAE
2nd ICO: 334,800,000 MAE
Amount:
Private Sale: 10% of the total
tokens for sale
1st ICO: 30% of the total
tokens for sale
2nd ICO: 54% of the total
tokens for sale
Token Allocation:

Roadmap

TEAM
Hoojong Kim
Jongwook Bang
Taegoo Kang
Chanyoung Ryu
William Chung
Harry Hur
Hyung Chang Song
Jung June Kim
Dongsun Min
Jiyeon Koh
Jae Bum Park
HeeKoan Koo
Maestro Token
Name: MAE
· Price: 1 ETH = 10,000 MAE
· Number of tokens sold = 620,000,000 MAE
Open for internal sale
· 16/06 / 2018-30 / 06/2018
· Bonus - 30%
· 62,000,000 MAE
1st ICO sale:
· 14/07 / 2018-21 / 07/2018
· Bonus - 10%
186,000,000 MAE
Second ICO sale:
· 28/07/2018
· No bonus.
· MAE 334,800,000
Token will be held:
· 62%
· Company holds - 22%
· Bonus - 3%
· Team dev hold - 13%
Use:
· Developers and Developers Hold - 40%
· Advertising and Business Development - 25%
· Operating Expenses - 15%
· Operating License - 10%
· Legal - 10%
According to the roadmap, this child in November will be listed on the floor to trade.
Here I evaluate this is an ICO worthy of investment, market there, the idea has, the team has.
Rating: 8/10
Information:
ВЕБ-САЙТ: https://maestroproject.io/
TWITTER: https://twitter.com/MaestroProject1
ТЕЛЕГРАММА: https: // t.me/maestroico
FACEBOOK: https://www.facebook.com/rightchainlabs/
Author : purwanto tegal
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1917456
ETH address: 0x80B100739953A2701A93eee2AC5E6448eE913ad5
ETH address: 0x80B100739953A2701A93eee2AC5E6448eE913ad5
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