Corite (CO)

IDO

Last updated: Sep 27, 2022

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

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Overview

Project industry	Art & Music
Product type	Platform
Founded	Sweden
Onepager	Open

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.

Details

IDO (PancakeSwap Launchpad): Sep 28, 2022 - Sep 28, 2022
Token supply: 1,000,000,000 CO
Total tokens for sale: 8,000,000 CO
Raised: 6,200,000 USD

Legal

Blockchain Platform: ChromaWay
Registration country: Sweden
Registration year: 2018

Office address: Igeldammsgatan 22C 112 49 Stockholm Sweden

Token info

Ticker: CO
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%