Music is what defines our life and our mood. It is the source of inspiration and also a friend who is always there for us. Mobile and Internet have produced a new range of music streaming apps that are always with us. The industry is rather a complex entity that always seeks to make big profits, even if the majority of the profits do not go to the person who creates it. Independent musicians face a lot of discrimination and difficulties despite the rise of many large digital platforms. While these digital platforms have also helped launch careers of many of today's famous musicians, they have several flaws.
The Internet has made the world an audience.But the centralization of streaming services poses a greater risk for artists and creators.Payments to creators are not paid in full and properly. Infringement of intellectual property rights has become an endemic phenomenon in the industry. Piracy of music in the digital world is another challenge for the music industry. The need to create a better platform with reliable technology has become a necessity for the survival of the music industry.Artists, producers and listeners need new ground to play their role in the industry.
Proposed solution
MAESTRO is developing a decentralized music streaming platform based on blockchain technology. They are also launching a crowdfunding platform called ENSEMBLE for artists who want to create a great piece of music. People can support their favorite artists on the platform. To remove intermediaries from the music industry, they launched two main products; the first is the ENSEMBLE and the second is the SYMPHONY. While ENSEMBLE helps artists finance their project, SYMPHONY allows the distribution of music and the maintenance of intellectual property rights.
People who love music will love the platform because it is designed to benefit artists and listeners. High quality music will be created by independent artists and creators who will be supported by people who share the same passion with them. It will be a collaborative effort made possible by blockchain technology. The smart contract will be used to create all the conditions necessary for the proper distribution and operation of the music industry. Various loyalty and referral programs exist on the system to create the adoption of this new platform.
INFORMATION AND ICO TEAM
1,000,000,000 MAE tokens are created for the project in which 62% of the chips are reserved for public sale. 40% of the funds will be used for software development while 25% of the funds will be used for marketing and business development. The team working on the platform is experienced and committed to developing the best applications for the music industry.
Conclusion
Many great sportsmen, businessmen and inventors have described the importance of music in their lives. The mantra of life can be defined by the type of music a person listens to. The music industry has gone through a series of developments and phases over the last decade or two. We listen to music whenever we want, where we want. There are many obstacles to implementing the solutions provided by the platform, and they can not be easily eliminated, but once people start supporting independent artists on the platform, things will be much simpler and easy.
Music is the passion for the people who create it and the people who listen to it. I think they bring an application into an industry that is on the verge of revolution based on the latest technologies. We will decide the future of the music industry, and it's time to listen to quality music and support independent artists on the platform. Providing a complete ecosystem will transform the music industry and inspire young and struggling artists to join the platform. Are we ready to listen to quality music by supporting great artists?
for more information :
Website: https://maestroproject.io
Twitter: https://twitter.com/MaestroProject1
facebook: https://www.facebook.com/rightchainlabs/
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