About 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 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
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Market Stats
Market Cap
$30.60K
-0.19%
FDV
$250.41K
Circ. Supply
122M CO
Max Supply
1B CO
Total Supply
1B CO
Diluted Valuation
$250.28K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$10.49
360.09%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0897
Price Change (1Y)
-89.95%
Additional details
Market details
CO vs markets
↘ 93.99%
CO vs BTC
↘ 94.21%
CO vs ETH
↘ 91.28%
Tags
communications-social-media
entertainment
music
social-token
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x936B6659Ad0C1b244Ba8Efe639092acae30dc8d6 | |
BNB Smart Chain | 0x936B6659Ad0C1b244Ba8Efe639092acae30dc8d6 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000250 | ↘ 0.11% |
1 Day | $0.000251 | ↘ 0.11% |
1 Week | $0.000248 | ↗ 0.69% |
1 Month | $0.000428 | ↘ 41.54% |
1 Year | $0.0025 | ↘ 89.95% |
Coinbase insights
Recent trends
The latest CO price is $0.000250. Compared to Corite's value of $0.00 from 24 hours ago, there's been a -0% decrease, while the current price is 1% up from $0.00 which was recorded one week ago. Corite's all time high is $0.0897, which was reached on September 28, 2022. This is a -100% change from its price today.
The current circulating supply of Corite is 122,199,592. This is 12% of its max supply of 1,000,000,000 CO and 12% of its total supply of 999,999,545. The market cap is currently $30.60K, which is a result of multiplying the current price of Corite($0.00) by the total supply(999,999,545 CO). The fully diluted valuation of Corite is $250.41K. The diluted valuation of Corite is $250.41K.
FAQ
We update our Corite to USD currency in real-time. Get the live price of Corite on Coinbase.
The current market cap of Corite is $30.60K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Corite is $0.0897. This all-time high is highest price paid for Corite since it was launched.
Over the last 24 hours, the trading volume of Corite is $10.49.
Assets that have a similar market cap to Corite include The Corgi of PolkaBridge, Hiblocks, FreedomCoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Corite is 122 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2856
Contributors
40
Posts
45
% About Corite
0.005%
Hold times
0 days
X (Twitter)
2% bullish
Sentiment
3.7 ★
Highlights
40 unique individuals are talking about Corite and it is ranked #2,856 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Corite has an average sentiment score of 73 out of 5. Finally, Corite is becoming less newsworthy, with 0 news articles published about Corite.
On Twitter, people are mostly neutral about Corite. There were 2% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Corite. 98% of tweets were neutral about Corite. These sentiments are based on 2 tweets.
On Reddit, Corite was mentioned in 23 Reddit posts and there were 101 comments about Corite. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Corite calculator
1 Corite (CO) to Canadian Dollar (CAD)
CA$0.000343
1 Corite (CO) to British Pound (GBP)
£0.000186
1 Corite (CO) to Real (BRL)
R$0.0014
1 Corite (CO) to Euro (EUR)
€0.000213
1 Corite (CO) to Singapore Dollar (SGD)
S$0.000321
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.