DIGITAL MUSIC WORLD WITH CRYPTO CURRENCY.

Masetro – with the future crypto currency adoption maestro aims to revolutionize the digital music world. This a block chain music streaming platform for artists and listeners. It’s the first of a kind to come with this concept in music industry with block chain technology.
Goals
  1. Implementation of block chain technology- block chain technology will be used to develop decentralized application for the best of music industry.
  2. Conducive environment for creating music-this would help to solve problem in instantly in the music industry and control over distribution of capital equally.
  3. Opportunity for small to medium production companies and emerging artist in terms of finance-the music industry is controlled by big production company and the market is monopoly. This makes it difficult for small companies to penetrate the market due to lack of fund to create high quality content attracting more consumers.
  4. Implementing the lean process- this would optimize most value of the least resources. The lean process started in manufacturing industry but spread rapidly to other industries. The communication between creator and consumer help in high quality outcome of the content.
  5. Consumers freedom of choice and investment opportunities-this will create opportunity for consumers to invest in established, emerging and yet to debut artists. Even if the artist decide to sell copyright and distribution right still the investors will get fair share from the profit.
  6. Opportunities for consumers to cooperate with artists and promote the projects- consumers who help the artist financially can involve them self in marketing of the project and make use of their investment facilities, it’s like helping hands for the artist. The artist and investor can work together to produce high quality content.
How it benefits the customer.
Only pay for the amount listened to
*You only pay for what you consume.
  • The fees are low and reasonable
    *Investment opportunities
How artist can benefit
No need to worry about the production cost
*profits are fairly distribute among investor and artist.
  • funding is done to raise music production cost.
    *rights secured for creative works.
Crowd funding system for artist
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•   Construct of production cost funding environment for artist.
•   Regular consumers has opportunities  to  invest if they feel like to 
•   Win – win situation for artist and investor.
Fair music streaming service for consumers
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-No middleman involved as it’s used decentralizes system ser5vice.
  • Fair payment system based on consumption.
    -costly is comparatively low compare to other streaming service.
Roadmap
MAESTRO 4.PNG
MY OPINION 
The project would be a success in future as it involves decentralized system where you are directly connecting with the consumer and artist. The customer can invest on artist if they its potential to gain profit from the project. The profit are distributed fairly between the artist and consumer. The company can involve all types of artist based on countries and genre so this would grow the customer range. Fund raising is the best concept to give opportunity and bring up talented artist whose skilled are ignored cause of funding. This opportunities can develop high quality content and attract customers.

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