Maestro – Revolutionizing the Digital Music World.

What is Maestro ?

Maestro is building the new decentralized ecosystem for creators and audiences of the music industry. By eliminating the unnecessary third parties who are currently taking up to 40% of the generated revenue, the artists will earn the profit they rightfully deserve; the listeners will enjoy the music at lower cost.

The platform provides two Dapps: Ensemble and Symphony.

Ensemble: the Crowdfunding Center for Artists and Fans

Symphony: the Streaming Service for Creators and Consumers

About MAESTRO

Blockchain technology is undeniably changing the face of the digital music industry. However, existing blockchain music services focus solely on improving established streaming and distribution structures, and fail to address fundamental problems of the current industry. Future music products developed with blockchain, unlike their predecessors, must utilize the technology to provide innovative functions that revolutionize the music industry at its core.

Maestro started with such a need, to solve a problem that plagues the music industry today: namely, the unfair structure of the industry itself. Third parties, such as labels and agencies, currently reap in over 80% of generated profits, leaving artists with barely any support and struggling with financial burdens. Music player companies only exacerbate this inequality through inefficient bureaucracy. We at Team Maestro believe that for both music and its industry to thrive, we must provide an environment focused foremost on promoting the creative efforts of artists and guaranteeing their fair compensation. Therefore, we propose a blockchain-based music platform that acts as a creative ecosystem established on virtuous cycles of mutual cooperation between creators and consumers. Music distribution rights are currently monopolized by third parties such as labels and production companies, who have used their influence to control the resulting profits. The inequality inherent in such a distribution structure affects not only artists, but also consumers, who become burdened with unreasonable prices they must pay to enjoy music. Maestro aims to create a transparent industry through decentralization with blockchain technology. By leaving out the “middlemen” from the process, consumers will be able to use streaming services at considerably more reasonable prices.

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.

How Maestro Blockchain Music Streaming For Artists WorksMaestro will create a virtuous-cycle ecosystem in which artists produce their projects through advanced funding, issue the results using the streaming service and share the profits with

investors on the platform.
Smart contracts handle the entire process in the decentralized system eliminating the need for third-party intervention. This handling includes holding of the decryption key for the music stored in Maestro’s encrypted distributed storage. Consumers on the platform will make use of the Maestro token as a payment method to receive the decryption key to stream their music.

Symphony
It’s a streaming service which allows artists to distribute their music directly to their fans on the platform. It also records all streaming services and other relevant activities such as user votes and public inquiries of Maestro’s blockchain.

Ensemble
It’s the platform’s crowdfunding center that enables the artists to create their content and raise funds. The artists control the rights to distribute their work and can dictate the amount of funds in exchange for their content.

Stake Of Music (SOM)SOM is the proof of rights to creative content given to investors in projects. The artist initially holds the SOM, and he can choose to distribute it among investors at the crowdfunding stage. All profits from the platform are equitably distributed according to the SOM ratios.

Maestro Point (MSP)Maestro Points (MSPs) are the influence used for upvotes and downvotes in the Symphony streaming service.

They are allocated based on the number of Maestro Tokens one has, the amount of streaming use and SOMs obtained by taking part in Ensemble funding.

Detail Maestro Token Sale

Soft cap for ICO: None
Hard cap for ICO: 62,000 ETH
Tokens for sale: 620,000,000 MAE
1ETH = 10,000MAE
Early investors need to get Whitelisted through our website (maestroproject.io).

Road Map

May, 2018Proceed with advanced marketing for artists.

June, 2018Private sale for investment companies and early adopters.
1st, 2nd ICO.

July, 2018Sign MOUs with major collaborating companies.

November, 2018Listed on the exchange.
Release demo version v1.0.
Complete 100 artist funding companies led by Maestro.

May, 2019Official launch of Mainnet Platform.

The Amazing Team