Corite logo

Corite (CO)

Status
IDO

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.

PRIVATE TOKEN SALE RAISES $6.2 million

PRE-SALE $2.2 million

Corite Onepager Onepager

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Interest lvl
High
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User Rating
Medium
3/5 1 votes
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Ticker
CO
FoundedSweden
Registration countrySweden
Registration year2018
Office addressIgeldammsgatan 22C 112 49 Stockholm Sweden

What is Corite

Corite lets artists turn fans into backers, supporting their vision, their work and their music. Whether it’s getting a royalty advance, handling marketing campaigns, or finding new listeners, followers and collaborators - Corite is there every step of the way.

Corite decentralizes the traditional record deal model, affording independent artists financial and creative freedom while engaging with their fans like never before. When fans and artists are sharing in the success of a project, the bond between them grows stronger. All people are experts in the music they love. All artists are born free. All great art comes from shattering norms and breaking old rules. Corite believes that the future of the music industry will be driven by fan power.

Corite Roadmap

1
Q4 2021 Fan Power & Song Shares
  • NFT drops
  • CO wallet
  • Fan Power & Song Shares on blockchain
2
Q1 2022 $CO token & Fan mission
  • Public launch of the $CO token
  • Fan funding on blockchain
  • Fan mission & Corite originals (v1)
3
Q4 2022 Ply to Earn & Hero projects
  • Clubs
  • Corite Originals (v2)
  • Community tolens

Token Sale Dates

IDO

Start date: Sep 28, 2022
End date: Sep 28, 2022

Token Allocation

Total Token Supply 1,000,000,000 CO
Total Tokens for Sale 8,000,000 CO

Funding Details

Funds Raised (as of now) 6,200,000 USD

Token distribution


Seed - 10%
Private/pre-sale - 13%
Public sale - 0.29%
Ecosystem - 20%
Marketing - 9.71%
Foundation - 20%
Team & advisor - 15%
Liquidity & reward - 7%
Artist incentive - 5%

Project team

Mattias Tengblad
Mattias Tengblad
CEO & Founder
Mattias Tengblad linkedin-team
Emil Angervall
Emil Angervall
Creative Director & Co-Founder
Emil Angervall linkedin-team
Emelie Olsson
Emelie Olsson
Director of Artist Relations
Emelie Olsson linkedin-team
Charles Goldstuck
Charles Goldstuck
Board Member
Okeksandr Onufriichuk
Okeksandr Onufriichuk
Digital Marketing
Okeksandr Onufriichuk linkedin-team

Social media

MVP

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