- Corite CO is a Swedish music and tech startup founded in 2018 that has its own distinct approach to funding artists. - It works by letting fans invest in music and get a share of streaming profits, becoming an integral part of the journey from product creation to implementation.The beta version of the platform was released in October 2019 and now has a 25 000 user base. - The essence of the Corite business model is as follows: thanks to the financial support of fans, artists can independently build their careers and earn money from their own work. - Fans can even get involved in the creative process and promote their favorite music. - Meanwhile, artists can fund and release their music through dedicated fandom. - This scheme works due to the strong connection between artists and fans.In July 2021, Corite entered the US market and partnered with Hitco to successfully close a US$2.2 million presale for their utility token $CO – the native currency of the Corite platform. - Thus, Corite expanded their audiences, attracted a talented team and created a democratic working environment for artists. - More recently, in January 2022, Corite also announced the closing of a €600K seed round for the European launch of its fan funding platform. - The round was led by Tagehus, Eastate and Almi Invest.Corite works alongside a number of prominent music industry professionals such as L.A. - Reid and Charles Goldstuck, founders of Hitco Entertainment, legendary producers Rico Love Beyonce, Usher and Konstantin Kersting Dance Monkey, 4000 studios and more. - Recently, Corite completed a deal with Alan Walker to release multiple tracks and help bring the Walkerverse to #Web3 .In January 2022, Corite CO succesfully completed a $ 6.2 million private token sale round to launch the upcoming blockchain platform.Investors include NGC, CoinCO, Coin98, KuCoin labs, Chromaway, Gate labs, Kyros Venture, Shima Capital, Everse Capital, Rarestone Capital, NGC .
Summary of the coin Corite
market value (Market Capital) Ranked 2685
highest price statistics: 0.06 $USD total number of coins(Supply): 1,000,000,000.00 coin circulated (Circulated): 219,371,322.00 coin
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