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
Where is Corite available for purchase?
You can exchange CO tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Corite is PancakeSwap V3 (BSC), notably the CO/BSC-USD pair, which saw a trading volume of $ 402.65 in the past day.
What is the highest value Corite (CO) has ever reached?
Corite (CO) reached its peak price at 0.05761 $ on 20 February 2023, approximately 2 years ago ago. Presently, the current price is -99.53% lower than this all-time high.
What is the historical minimum price for Corite (CO)?
The minimum price reached for Corite (CO) was 0.0002194 $, documented on 09 August 2025, more than 10 days ago. In comparison, the current price is 22.25%, it above this historical low.
What is the fully diluted valuation of Corite (CO)?
The fully diluted valuation (FDV) of Corite (CO) stands at $ 277,627. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 CO tokens. The realization of this FDV might take several years depending on the emission schedule of CO tokens.
How to add Corite (CO) to MetaMask?
By integrating Corite (CO) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import CO as a token. You can either manually import CO by copying its contract address (0x936b6659ad0c1b244ba8efe639092acae30dc8d6) or use MetaMask's Chrome extension to add CO with a single click through P.CASH.
How to add Corite (CO) to TrustWallet?
Incorporating Corite (CO) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include CO, you can either manually import it using the contract address (0x936b6659ad0c1b244ba8efe639092acae30dc8d6) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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