Main
Also known as
CO
Affiliations
Digital asset type
Blockchain platform where artists get funding, distribution and marketing support from backers and share their revenues when music is streamed.
Overview
Founded in 2019 by Universal Music Group and MTG alumni Mattias Tengblad and Emil Angervall, Corite enables independent artists to achieve their vision by turning their fans into backers who support them throughout their journey and share in their success. After expanding its fiat services to the United States with the support of A-list producers and entrepreneurs such as Charles Goldstuck and Rico Love, in April 2021 Corite started working on the Corite CO blockchain-based music platform — its most ambitious project to date that leverages the trending Play-to-Earn model to unlock fan power, capture social capital and generate additional revenue streams for artists.
