Chromia would like to congratulate Corite on their upcoming token launch on September 28, 2022. The CO token will be launched via an IFO on PancakeSwap, while also being listed on the centralized exchange Bybit.
ChromaWay was among the earliest supporters of the platform, participating in a private funding round along with several other high-profile investors in June 2021. Since that time, the project has achieved a number of important milestones, including:
- Launching the first version of their crowdfunding and revenue-sharing system
- Integrating blockchain payments on Binance Smart Chain
- Surpassing the 100,000 user mark
- Completing hundreds of successful fan campaigns, including notable artists Alan Walker, Oscar Stembridge, Emery Kelly, and Rico Love
The release of the platform’s native token, $CO, is a key step in Corite’s evolution. Several upcoming features will use the token to enhance the experience of both artists and fans. Artists will utilize the token to generate Fan Missions, mint NFTs, and gain access to additional services. In turn, fans can use the token to gain early access to top-tier funding campaigns, unlock exclusive tiers, and receive a multiplier on Fan Power earned by completing missions.
We wish Corite continued success following their TGE and look forward to working with them on future collaborations and promotions!
Corite is the first platform that truly enables fans to actively invest in artists and be an integral part of the journey from inception to success. When the music is streamed on Spotify or Apple Music artists and fans get paid at the same time. Independent artists can enjoy financial freedom and a unique opportunity to spread their music through their fans. The company was founded by music and media industry veterans Mattias Tengblad and Emil Angervall. To learn more about the project, visit corite.com.
ChromaWay, established in 2014, is the creator of relational blockchain - a new architecture that combines the power and flexibility of a relational database with the decentralized security of a blockchain. This technology powers our enterprise solutions as well as Chromia, our public platform for decentralized applications. ChromaWay has developed applications for clients across the globe in several sectors, including banking, supply chain, real estate, and green finance.