Like this video

MAESTRO

Revolutionizing the Digital Music World

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.

3.0
1 0 expert ratings
Benchy 3.0
Experts
-
-
-
View rating distribution
Unknown
Token
MAE
Price
1 ETH = 10,000 MAE
Bonus
Available
MVP/Prototype
Platform
Accepting
ETH
Hard cap
62,000 ETH
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China
More on ICO
Report

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.

Bookmark
ICO KYC Report
Not conducted yet
Missing or incorrect data? Let us know.

ICOs that might interest you

buglab

Buglab offers penetration testing through contests in an incentivized environment for c...

18 days 14 hours left

Humancoin

Humancoin is the new massive cryptocurrency fuelled by the Proof of Charity mining prot...

29 days 7 hours left

Casper API

Decentralized storage of cross-circuits and KDN.

34 days 7 hours left

Cryptassist

The all in one crypto solution.

25 days 7 hours left
Please join our Official ICObench group on Telegram Official ICObench Telegram group

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it