WHAT IS MAESTER PROTOCOL?

Maester protocol is the first of its kind blockchain based protocol built to enable on-demand consulting. It allows users to quickly search for skilled professionals, talk to them instantly and pay automatically based on their consultation time at virtually zero cost. While it enables professionals (or ‘Maesters’) to build their reputation and lets them easily monetize their following without having to worry about payments, frauds or identity thefts, it also saves millions of man-hours of knowledge seekers who can improve their work efficiency by consulting verified Maesters, on-demand. Not only does the Maester protocol solves the problem of an existing digital consulting market for people from knowledge based industries, but also it has the power to create a brand new and much bigger market by enabling skill based experts to monetize their skills or passions. Maester protocol empowers every user on its platform to become financially independent and self-reliant thereby fostering the spirit of entrepreneurship. Anyone can be a Maester and earn more with Maester Protocol.

We have identified four pillars of On-demand economy which make On-demand consulting a very promising bet.

MAESTER PROTOCOL LEVERAGES BLOCKCHAIN TECHNOLOGY: HERE’S HOW

The Maester Protocol is broken into two parts, On chain (payments and security) and Off chain (communication protocols & search engine backend). The USPs of moving a part of the process on blockchain are as follows:
  1. Instant and low cost payment: The use of Ethereum blockchain enables faster and cheaper payments as compared to traditional banking or payment gateway methods
  2. Freeze wallet: Smart contract used in the Maester protocol blocks all the money in the caller's wallet once he initiates a call so that he cannot use same money elsewhere.  Authorization by both parties' private key happens every second automatically
  3. No financial dispute: When a caller initiates a call, Smart contract on the backend is invoked. It captures callers' & receivers' information such as availability, call rate, wallet balance etc & auto-debits the caller's wallet at the end of call based on call duration. This ensures seamless financial settlement
  4. No legal dispute: Decentralized nature of blockchain ensures security; the data saved on the blockchain cannot be tampered or leaked after the call and no editing is allowed in users' account settings during the call. This ensures a dispute free platform.

PROCESS DESIGN



WHAT IS MAESTER COIN?

Maester Coin (MAP) is an Ethereum based ERC223 token introduced by the Maester Protocol. It is the fuel for Maester protocol and thus shall be used as the only method of payment for digital consultations through the protcol. Maester Coin can be bought directly on the platform or through various cryptocurrency exchanges. Early investors can purchase Maester Coins during the Initial Coin Offering (ICO) to get exclusive benefits.