Corite CO Price 0.00008811

Corite is a Swedish music and tech startup that has its own approach to funding artists. The essence of the Corite business model is that artists can build their careers and earn money from their own work thanks to the financial support of fans. Fans can promote their favorite music. 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, the native currency of the Corite platform. A democratic working environment for artists was created by Corite. A number of prominent music industry professionals work with Corite. Hitco Entertainment was founded by Charles Goldstuck, as well as legendary producers. Prior to founding Corite, Mattias worked in the esports sector, was Head of Digital Development at MTG, and was CEO of the branding company ABBA Pop House Sweden. The company has a Chief Creative Director. Angervall has held the positions of Lead Designer and Creative Director for over twenty-five years. The day-to-day functions of the company are overseen by the COO. She works with business development, communication and team management. Corite gives fans the chance to invest directly in their favorite artists and then receive a fraction of the money that is paid to artists in future royalties. 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 There is a detailed step-by-step plan for the minimum viable product.