Hello everybody, taking music to a decentralised world sounds good right? Today i am going to introduce you Maestro Project, one of the best so far that combine music industry with blockchain technology.
Maestro project is trying to break down monopolies in music market. Other competitors take unreasonable profit for being intermediary and we are certain that Maestro can replace them.
Main goal of Maestro project is connecting the artists and listeners directly to reduce the middlemen. Plus music lovers can support their favorite musicians by funding their project!. So that the profits returned to artists and investors will be more fairly distributed.
Main focus point of Maestro Project & K-Pop
While Maestro will primarily focus on K-Pop as a distinguishing factor from other streaming platforms (Maestro team being based in Singapore and South Korea has its merits!), Maestro platform itself will also support other genres of music outside K-Pop.
If you look at Maestro team of advisers, you will notice Shinsadong Tiger, a major producer in the K-Pop genre. Yet Maestro also wish to focus on what is traditionally called "indie music," as they are collaborating with talented Korean indie producers as well, such as Heejung Han from Pastel Music, Hwang Hyun from Monotree, and Jung Hohyun from e.one sound. Of course, as aforementioned, Maestro will provide our services outside those two genres.
What are the soft cap and hard cap of Maestro ICO?
As the project is already underway with funding, Maestro has no soft cap. The hard cap for the ICO is 62,000 ETH. (620,000,000 MAE)
Maestro project can be proceed and streaming platform can be completed with 0.5 million USD. However, Maestro team wants to purchase music copyrights to accelerate Maestro platform at early stage. Plus they have to coordinate with large corporations for music streaming rights. If hardcap is not reached, they will start with minor underground musicians.
Maestro Token & Crowdsale:
The Maestro Token (MAE) is a utility token and base currency of Maestro platform. It is an Ethereum based token that can be stored in any electronic wallet supporting ERC20 tokens. MAEs will be the main payment method for the streaming service. Also investment profits are going to be distributed in Maestro Tokens.
⇒ Ticker symbol: MAE
⇒ Token standard: ERC20
⇒ Total supply: 1,000,000,000 MAEs
⇒ Tokens for sale: 620,000,000 MAEs
⇒ Soft Cap: There is no softcap
⇒ Hard Cap (including pre-sale): 62,000 ETH
⇒ Price ICO: 1 ETH = 10,000 MAE
⇒ Private sale start: 16 June, 2018
⇒ ICO 1st stage start: 07 July, 2018
⇒ ICO 2nd stage start: 28 July, 2018
Distribution of MAE Tokens:
62% of total supply will be on sale for crowd sale participants. Rest 38% will be distributed as below:
22% of the tokens will be used for the purpose of Maestro streaming service operation and management.
13% of total supply is reserved for Maestro Team. All of these tokens will be locked for 1 year
3% of tokens will be distributed to bounty participants and reserved for social media marketing purposes.
More information, please visit links below :
Website:https://maestroproject.io/
Whitepaper:https://drive.google.com/file/d/1BNTYyrSiE0mh5Uh0UCWN9Z6SDMRof3gv/view?usp=sharing
Facebook:https://www.facebook.com/rightchainlabs/
Twitter:https://twitter.com/MaestroProject1
Telegram:https://t.me/maestroico
ANNThread:https://bitcointalk.org/index.php?topic=4415850#post_
Instagram:https://www.instagram.com/maestroproject/?hl=ko
Medium:https://medium.com/@maestroproject
Github:https://github.com/maestro-project
My profiel btt:https://bitcointalk.org/index.php?action=profile;u=1856275
Eth:0xF6BEC841b139F9Ab7Aa1826c518D3E1FBA785F36
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