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Corite is a music and tech startup focused on building a distinct way to finance artists. Through the platform, supporters can invest in music and receive a portion of the streaming earnings.
How it works
Launch a campaign by bringing in your fans to support your next release;
Attract backing from fans-put the funds you raise into promoting your music and strengthening fan engagement;
Celebrate the outcomes-receive free distribution and share the revenue with your fans.
Fan Power Monetization
Corite Originals - limited edition music NFT’s for every release;
Digital Merch - create and trade collections of digital NFT merchandise;
Royalty shares - receive advances from backers and allow them to share in the revenue;
Social tokens - grow a Fan Power score by promoting music and earn rewards;
Ticketing - access tickets for live stream performances or release parties;
Tipping - send tips for exclusive content or exceptional performances.
Play-to-Earn Model
Fans participate in missions aimed at discovering and promoting artists and music, helping them stay involved in decisions that shape an artist’s career. Certain missions involve staking of tokens that are then used in ”winners take all” pools.
Artists can design challenges for their fans, including staking requirements, utilities, and rewards for participants-or for those who perform best. Some challenges are automatically generated once specific targets are reached.
Financial rewards are available for both fans and artists via the Corite token $CO, along with non-financial rewards such as badges (non transferable), as well as content and experiences (NFTs).
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