MAESTRO: ADDING VALUE TO THE MUSIC INDUSTRY VIA BLOCKCHAIN TECHNOLO...

INTRODUCTION
From time immemorial, the music industry has been manipulated by third parties or middlemen in the industry, such as record labels and music production companies who use their influence to control both artists and their profits. And even to an extent, the end users determining what happens in the industry. Maestro is the future of Music production and decentralized streaming with blockchain to address the fundamental issues facing today's music world and the technology to provide innovative functions that will revolutionize the music industry. Maestro has given the world a blockchain-based music technology that acts as a creative ecosystem established on virtuous cycles of mutual cooperation between creators and end users.

One of the most amazing part of this, is that Maestro has given the artists a platform to raise funds prior to their production. It means that artists can raise funds before production, keeping the artists on top of their game and giving upcoming artists an opportunity to showcase their creativity with funding not being a problem to them. MAE token will be used in MAESTRO ecosystem for ease of payment . EOS blockchain will be used considering it’s scalability, speed and other advanced features.

EXISTING PROBLEMS PRIOR TO MAESTRO ESTABLISHMENT
(1) The problem of sales: lack of better profit for artists.
The sale of music has been a problem that the music industry has been going through for a long while, the artists no longer get value for their songs and the service provider such as Apple music generate 3,904 million dollars in value through licensing, totally on 212 million users. Even more in YouTube as a service provider they generate more profit than the original creator of the product.
(2) The problem of middlemen
The activities of middlemen in the music industry such as record label, music production companies and service providers has been a hindrance for artists to make direct profit from their innovation but rather, the middlemen controls almost all the activities of the artists which includes even their revenue.
(3) Unsuitable revenue structure for artists
The method in which people stream music has reduced the profit the artists will make in his innovation, because they will only stream a song not the full album with a fixed monthly pay or fees to stream music. An artist will receive their revenue after over 80% of the profit must have been distributed among the various parties which includes labels, production companies, service providers and even the artist’s manager; leaving little or nothing for the actual innovators.

MAESTRO AIMS TO ACHIEVE THE FOLLOWING :
• To solve the problem of capital for artists, by providing revenue for artists prior to production.
• To improve and reform the existing structure of music industry.
• To be a solution to the insufficient profit made by artists in today's music industry.
• To provide a blockchain technology that will checkmate the activities of middlemen, such as labels and service providers.
• To limit the effect of middlemen in the industry.
• To make production easy for both artists and production companies by providing fund prior to production.

WHY MAESTRO STANDS OUT TO BE UNIQUE AMONG COMPETITORS
• Maestro will serve as link between the artists and the consumers without middlemen.
• Instead of taking from artists like other competitors, Maestro will be providing funds for artists even prior to production.
• Maestro will put middlemen out of business unlike their competitors who put them in business.
• Maestro is focusing on the full album of the artists, unlike their competitors who focus only on a single song of the artists.
• Maestro is giving opportunities to both the record label to make equitable profit and even the consumers to enjoy more with lesser fees.

PREVIEW OF MAESTRO SYSTEM

MAE TOKEN AND TOKEN SALE DETAILS
Token ticker : MAE
Total supply : 1 billion
Tokens available for sale : 620 million
Price : 1ETH = 10,000 MAE
Soft cap: none
Hard cap: 62,000 ETH
Whitelist and KYC: YES

PREVIEW OF TOKEN SALE DETAILS AND ALLOCATION :

TEAM AND ADVISORS
Maestro team members comprise of experienced intellectuals who studied the music industry and came up with the best possible solutions to curb the existing drawbacks. They are backed by great advisors , who are willing to assist in attaining the project aim. See image below :