Background

Corite

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 and active part of the journey from product creation to implementation.

The beta version of the platform was released in October 2019 . 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.

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.

Integrationstwitter

🎵 Corite Launches Ownable Music Royalties Platform

Thu 21st May 2026
**Corite is launching a platform that lets fans buy shares of music royalties and earn from streaming.** The Swedish music-tech startup is going live on EasyA with a model that flips traditional music ownership: - Fans can purchase shares of songs and receive payments each time they stream - Artists gain funding directly from supporters without traditional intermediaries - 12% of token supply locked at launch Corite has partnered with industry figures including L.A. Reid, Rico Love, and Alan Walker. The platform raised $6.2M in a 2022 token sale and aims to create direct financial connections between artists and their audiences through blockchain-based royalty sharing.
Community article

Corite to Lock 122M Tokens Tomorrow, Removing 12% from Circulation

Thu 21st May 2026
**Major Supply Reduction** Corite (@coritecom) will permanently lock 122 million CO tokens tomorrow, removing 12% of the total supply from circulation. **Key Details** - The lock is part of a single window event through @EasyA_Kickstart - No extensions will be offered after the deadline - This represents a one-time opportunity for the token lock **About Corite** Corite is a Swedish music-tech platform that allows fans to invest in artists and earn streaming revenue shares. The company completed a $6.2M token sale in January 2022 and works with industry figures including L.A. Reid and producer Rico Love. This supply reduction could impact CO token economics by decreasing available circulation.
Community article

🎵 Corite Proves Music Royalty Model Works

Thu 21st May 2026
Corite, a music funding platform, demonstrates real results with Alan Walker's "Unity" track: **Key Performance Metrics:** - 26 million Spotify streams since 2024 launch - 80% of investment returned to backers in Year 1 - 4 additional years of royalty payments pending The platform allows fans to invest in music releases and earn streaming royalties. Unlike typical token launches that sell promises, Corite shows verified payment history. **How It Works:** - Fans purchase shares in upcoming releases - Earn passive income from streaming revenue - Artists get upfront funding without label deals The platform recently launched on [EasyA](http://Corite.com) with 12% of token supply locked. Corite has partnerships with industry figures including L.A. Reid and producer Rico Love.
Community article

Corite Ends BSC Staking Yield, Hints at New Token Utility

Mon 2nd Dec 2024
Corite ($CO) has announced the termination of yield rewards for token staking on Binance Smart Chain (BSC). This strategic move aims to control token supply inflation. Key points: - Immediate end to staking yields on BSC - Token holders advised to withdraw staked assets - New utility features teased for near future *This follows the earlier shutdown of Cryptopolis and discontinuation of CPO trading announced in October.* **Action Required**: $CO holders should withdraw their staked tokens from BSC.

Robins Partners with Chromia for Base Architecture Development

Thu 28th Nov 2024
**Strategic Partnership Announcement** Robins has formed a strategic partnership with Chromia to develop its base architecture. The development will leverage Chromia's experienced dApp team. **Background on Chromia:** - Layer-1 blockchain platform - Features dedicated dApp chains - Offers customizable fees - Provides real-time data indexing - Focused on enhanced user experience - Recently upgraded bridge capabilities The collaboration aims to strengthen Robins' blockchain infrastructure while utilizing Chromia's technical expertise.
Community article

Corite Rebrands to Robin, Shifts Focus to Decision Markets

Thu 28th Nov 2024
The CO Foundation announces a significant transformation: - Corite is rebranding to **Robin**, an EVM-based decision market platform - Corite.com will continue as a fan companion to their new AI tool Aflow - Existing NFT royalties will run to maturity, but no new music NFTs planned - $CO token will be integrated into Robin's governance and value system Key Changes: - All community channels undergoing rebranding - Social channels being reactivated - Platform accessible at robin.markets *Note for NFT holders*: All royalty-backed NFTs remain valid until contract maturity.
Community article

Corite's Fan-Powered Music Funding Model Continues to Shine

Mon 21st Oct 2024
Corite (CO), the Swedish music-tech startup, maintains its innovative approach to artist funding. The platform allows fans to invest in music and share streaming profits, fostering a strong artist-fan connection. Key points: - Beta version launched in October 2019 - Artists can fund and release music through dedicated fandom - Collaborates with industry professionals like L.A. Reid and Charles Goldstuck - Recent deal with Alan Walker to bring "Walkerverse" to Web3 - Successful $6.2 million private token sale in January 2022 Corite's unique model empowers both artists and fans, revolutionizing the music industry's funding landscape.
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