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Corite

Corite is a blockchain-based music platform that enables users to support their favorite musicians and share in their successes. The platform's central feature is fan campaigns, which allow users to receive a portion of the streaming revenue generated by a song.

What is Corite?

Corite is a decentralized music distribution platform developed on the BNB Chain. It enables musicians to generate funds and receive fan support, sharing revenues from major streaming platforms like Spotify, Apple Music, YouTube, and TikTok. Artists retain full control and ownership over their content, while fans can engage directly with their favorite artists. Corite's model rewards both artists and fans with CO tokens, badges, and NFTs for their contributions.

How Does Corite Work?

Artists can launch crowdfunding campaigns on Corite, presenting their music and goals to potential backers. Fans invest in these campaigns, becoming co-creators and marketers. Upon a song's release, fans receive a share of the streaming revenues. Additionally, artists can create challenges for fans, rewarding them with Fan Power tokens and Corite Originals NFTs for active participation.

What Makes Corite Unique?

Corite stands out by allowing fans to invest directly in their favorite artists, sharing in the streaming profits. This fan-driven model empowers artists to build careers independently of traditional record labels. The platform also offers gamified tools to enhance user engagement and network marketing effects.

Who Are the Founders of Corite?

Corite was co-founded by Mattias Tengblad and Emil Angervall, both former executives at Universal Music Sweden. Tengblad, serving as CEO, has over 20 years of experience in music, telecommunications, and media. Angervall, the Chief Creative Director, brings over 25 years of expertise in technology and the creative industry.

Latest News

What Key Events Have There Been for Corite?

In January 2022, Corite successfully completed a $6.2 million private token sale. By September 2022, they raised an additional $1.5 million through an initial farm offering (IFO) on PancakeSwap. Notable investors include NGC, CoinCO, Coin98, KuCoin Labs, Chromawat, Gate Labs, Kyros Ventures, Shima Capital, Everse Capital, Rarestone Capital, NGC Ventures, CryptoJ, BTX Capital, Skyman Ventures, Exnetwork Capital, Bella Finance, 1001 Capital, and Hilbert Capital.

Project Announcements

Upcoming Events

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Projects Announcements

Where to Buy Corite?

CO tokens can be purchased on exchanges such as Bybit and PancakeSwap.

Corite Price

Daily Trading Volume

All-Time High

$0.08974 on September 28, 2022

All-Time Low

$0.000006811 on January 24, 2024

Market Cap and Valuation

Market Cap

$33,273.81

Fully Diluted Valuation

$272,290

Corite Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the future price of CO tokens.

FAQ

What is the Purpose of Corite?

How Can I Participate in Corite's Ecosystem?

What Sets Corite Apart from Competitors?

Is Corite Secure?

What are the Risks Associated with Corite?

Community Sentiment

7.90K Votes

50% 50%

Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.