CO
Corite
-1.01%
$ 0.00013781
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- -Corite$ 0.00013781$ 16,840$ 100 CO-1.01%
Corite. Price of cryptocurrency: $ 0.00013781
What is the name of Corite?
Corite is a Swedish music and tech startup that has a different approach to funding artists.
The platform has a 25 '000 user base after it was released in October. Thanks to the financial support of fans, artists can independently build their careers and earn money from their own work, which is the essence of the Corite business model. Fans can help promote their favorite music. Artists can fund and release their music through dedicated fandom.
Corite entered the US market in July of 2021, partnering with Hitco to close a US$ 2.2 million pre-sale for their utility token $CO, which is the native currency of the Corite platform. Corite attracted a talented team, created a democratic working environment for artists, and expanded their audiences. Corite announced the closing of a seed round for the European launch of its fan funding platform.
Corite works with a number of music industry professionals. Hitco Entertainment was founded by [Charles Goldstuck], as well as legendary producers (Beyonce, Usher, and Konstantin Kersting) and more.
Kyros Venture, Skyman Venture, Exnetworkcapital, and Rarestone Capital are among the investors.
Who are the people who started Corite?
The CEO of Corite has 20 years of experience in the music industry, telecommunications and media. Prior to founding Corite, Mattias worked in the esports sector, was Head of Digital Development at MTG, and was the CEO of the branding company ABBA Pop House Sweden. Universal Music Group (Sweden) had a Commercial Director for five years.
The Chief Creative Director is Emil Angervall. Angervall has worked in both technology and the creative field for over twenty-five years, holding the positions of Lead Designer and Creative Director. He works for Universal Music Group, as well as TV production and digital agencies.
The day-to-day operational functions of the company are overseen by Emelie Olsson. She works with business development, communication, and team management.
What makes Corite different?
The space in which Corite operates is the same as that of United Masters and Ditto. Corite gives fans the opportunity to invest directly in their favorite artists and then receive a fraction of the money that is paid to artists in future royalties. Each fan plays a kind of record label role, funding and in return benefiting from potential success, in this way.
Before announcing the amount artists want to raise for their creative products, Corite first rate songs based on streaming history and predictions and set the percentage of streaming royalty that investors will eventually receive.
Fans can be financially motivated by investors, which adds to the track's success.
More than 150 campaigns and millions of streams can be found on Corite.
Independent artists can showcase their creativity and enter the music market without the help of traditional record labels with the support of Corite.
There are related pages.
You can read about Audius, BitSong and Viberate.
You can learn more about a minimum viable product here.
What is a digital ledger?
How many Corite Coins are in circulation?
The platform will allow token holders to participate in funding and promotion, as well as to be among the first to receive early access to invest in music projects, with rewards for contributions and participation in governance.
How is the Corite network secure?
A minimum viable product is planned for Q2 2022. A minimum viable product is planned for Q2 2022.
You can see a step-by-step plan.
Where can you buy corite?
Corite is not listed on any major exchange due to the fact that the platform is under development. There is no information about the upcoming token.
Corite is a Swedish music and tech startup that has a different approach to funding artists.
The platform has a 25 '000 user base after it was released in October. Thanks to the financial support of fans, artists can independently build their careers and earn money from their own work, which is the essence of the Corite business model. Fans can help promote their favorite music. Artists can fund and release their music through dedicated fandom.
Corite entered the US market in July of 2021, partnering with Hitco to close a US$ 2.2 million pre-sale for their utility token $CO, which is the native currency of the Corite platform. Corite attracted a talented team, created a democratic working environment for artists, and expanded their audiences. Corite announced the closing of a seed round for the European launch of its fan funding platform.
Corite works with a number of music industry professionals. Hitco Entertainment was founded by [Charles Goldstuck], as well as legendary producers (Beyonce, Usher, and Konstantin Kersting) and more.
Kyros Venture, Skyman Venture, Exnetworkcapital, and Rarestone Capital are among the investors.
Who are the people who started Corite?
The CEO of Corite has 20 years of experience in the music industry, telecommunications and media. Prior to founding Corite, Mattias worked in the esports sector, was Head of Digital Development at MTG, and was the CEO of the branding company ABBA Pop House Sweden. Universal Music Group (Sweden) had a Commercial Director for five years.
The Chief Creative Director is Emil Angervall. Angervall has worked in both technology and the creative field for over twenty-five years, holding the positions of Lead Designer and Creative Director. He works for Universal Music Group, as well as TV production and digital agencies.
The day-to-day operational functions of the company are overseen by Emelie Olsson. She works with business development, communication, and team management.
What makes Corite different?
The space in which Corite operates is the same as that of United Masters and Ditto. Corite gives fans the opportunity to invest directly in their favorite artists and then receive a fraction of the money that is paid to artists in future royalties. Each fan plays a kind of record label role, funding and in return benefiting from potential success, in this way.
Before announcing the amount artists want to raise for their creative products, Corite first rate songs based on streaming history and predictions and set the percentage of streaming royalty that investors will eventually receive.
Fans can be financially motivated by investors, which adds to the track's success.
More than 150 campaigns and millions of streams can be found on Corite.
Independent artists can showcase their creativity and enter the music market without the help of traditional record labels with the support of Corite.
There are related pages.
You can read about Audius, BitSong and Viberate.
You can learn more about a minimum viable product here.
What is a digital ledger?
How many Corite Coins are in circulation?
The platform will allow token holders to participate in funding and promotion, as well as to be among the first to receive early access to invest in music projects, with rewards for contributions and participation in governance.
How is the Corite network secure?
A minimum viable product is planned for Q2 2022. A minimum viable product is planned for Q2 2022.
You can see a step-by-step plan.
Where can you buy corite?
Corite is not listed on any major exchange due to the fact that the platform is under development. There is no information about the upcoming token.