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.
Project team
| Team member | Affiliations | ||
|---|---|---|---|
Emil Angervall (founder) |
|||
Mattias Tengblad (founder) |
Investors
List of the current and past investors into Corite with their respective financial instruments.| Investor | Profile | Country | Phone | Round | |||
|---|---|---|---|---|---|---|---|
|
Bella Protocol [] | Suite of DeFi products to make crypto banking simple. | Private Round | ||||
|
Coin98 Ventures | Private Round | |||||
|
Everse Capital | Private Round | |||||
|
Exnetwork Capital | Investment firm focused on funding the innovation in the decentralization movement. | Philippines | Private Round | |||
|
Gate.io Labs | Private Round | |||||
|
KuCoin Labs | The investment and research arm of crypto exchange KuCoin. | Private Round | ||||
|
Kyros Ventures | Incubator of early stage blockchain and cryptocurrency projects in Vietnam. | Vietnam | Private Round | |||
|
Maven Capital | Investment firm that is funding, supporting, and advising ambitious cryptocurrency startups from seed to beyond. | Estonia | Private Round | |||
|
MM Ventures | Private Round | |||||
|
NGC Ventures | Venture capital firm focused on investing in blockchain industry. | Singapore | Private Round | |||
|
Rarestone Capital | Crypto-focused venture capital firm investing in early-stage private and public market ventures. | Private Round | ||||
|
Shima Capital Management LLC | Global investment fund focused on supporting cutting edge blockchain startups. | United States | Private Round | |||
|
Titans Ventures | Vietnam | +84-89-969-9998 | Private Round | |||
|
ZBS Capital | Ukraine | Private Round |