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Corite

CO

#17 in Music

TGE and Distribution

Launched 1011 Days ago

IFO on PancakeSwap

$1,470,000 Sep 28, 2022

Private Sale

$6,200,000 Q1, 2022

Seed Round

$2,200,000 Q3, 2021

Pre-seed Round

$— Q3, 2019

Current and Past

Corite

Activities

Past

IFO on PancakeSwap

Ended Sep 28, 2022

Price $0.035

Raised $1.47 M
Raised

$1.47 M

Tokens For Round

42 M CO 4.20%

Pre-Valuation

$35 M #3269

Price

$0.035

Platform

PancakeSwap
Distribution: 30% initial unlock, block-by-block vesting over 90 days

Source: https://pancakeswap.finance/voting/proposal/bafkreiddual5o7vzfcwuazw3lgckis66hka4xytqkttqg2wjtea5pywohy
TGE and Distribution

Launched Sep 28, 2022

The TGE (Token Generation Event) announced by Corite has successfully concluded on Sep 28, 2022 at 00:00 (UTC+3).
Private Sale
Ended Q1, 2022

Price $0.03
Raised $6.2 M

+6
ROI

0.01x USD 0.01x BTC 0.02x ETH

Raised

$6.2 M

Tokens For Round

140 M CO 14.00%

Pre-Valuation

$30 M #3685

Price

$0.03

Investors

Arche Fund

+5

Source: https://www.musicbusinessworldwide.com/hitco-backed-fan-funding-firm-corite-raises-6-2m-in-private-token-sale-ahead-of-blockchain-platform-launch/

Additional Links: Info about investors
Seed Round
Ended Q3, 2021

Price $0.022
Raised $2.2 M

+4
ROI

0.01x USD 0.01x BTC 0.01x ETH

Raised

$2.2 M

Tokens For Round

100 M CO 10.00%

Pre-Valuation

$22 M #4418

Price

$0.022

Investors

Almi Invest

+3

Source: https://www.musicbusinessworldwide.com/hitco-entertainment-acquires-stake-in-and-partners-with-revolutionary-fan-funding-platform-corite/

Additional Links: additional sales details
Pre-seed Round

Ended Q3, 2019
Investors

Danny Saucedo

Source: https://www.musicbusinessworldwide.com/exec-who-launched-universals-digster-and-spinnup-starts-new-fan-funding-platform-to-helps-artists-without-traditional-record-labels/

Additional Links: Info about investors

Fund Name
Type
Tier
Stage

Ventures Capital

Tier 3

Private Sale

Exchange

Tier 3

Private Sale

Ventures Capital

Tier 3

Private Sale

Ventures Capital

Tier 3

Private Sale

Ventures Capital

Tier 3

Private Sale

Ventures Capital

Not Rated

Seed Round

Charles C. Adams

Angel Investor

Not Rated

Seed Round

Charles Goldstuck

Angel Investor

Not Rated

Private Sale
+1

Ventures Capital

Not Rated

Private Sale

Angel Investor

Not Rated

Seed Round
+1

Ventures Capital

Not Rated

Pre-seed Round

Hitco Entertainment LLC

Not Rated

Seed Round

Exchange

Not Rated

Private Sale

Ventures Capital

Not Rated

Private Sale

Ventures Capital

Not Rated

Seed Round
+1

Angel Investor

Not Rated

Seed Round

Vesting

Artist Incentive

Unlocked: 54.38 M / 75 M CO

Value Locked: $6.1 K

72.50% 327 days left

Next Unlock in 23 days

1.88 M CO (0.19% of T.Cap)

~0.19% (of T.Supply)

~$554.62 (1.53% of M.Cap)

Engage to Earn

Unlocked: 72.5 M / 120 M CO

Value Locked: $14.05 K

60.42% 572 days left

Next Unlock in 23 days

2.5 M CO (0.25% of T.Cap)

~0.25% (of T.Supply)

~$739.53 (2.05% of M.Cap)

Foundation Reserve

Unlocked: 31.25 M / 100 M CO

Value Locked: $20.34 K

31.25% 997 days left

Next Unlock in 23 days

2.08 M CO (0.21% of T.Cap)

~0.21% (of T.Supply)

~$616.27 (1.70% of M.Cap)

Team

Unlocked: 86.63 M / 130 M CO

Value Locked: $12.83 K

66.64% 266 days left

Next Unlock in 85 days

21.66 M CO (2.17% of T.Cap)

~2.17% (of T.Supply)

~$6.41 K (17.72% of M.Cap)

Liquidity

Unlocked: 70 M / 70 M CO

Unlocked

101.22%

IFO on PancakeSwap

Unlocked: 42 M / 42 M CO

Unlocked

100.25%

Syrup Pools

Unlocked: 8 M / 8 M CO

Unlocked

100.00%

Seed Round

Unlocked: 100 M / 100 M CO

Unlocked

100.00%

Private Sale

Unlocked: 140 M / 140 M CO

Unlocked

100.00%

Advisors

Unlocked: 35 M / 35 M CO

Unlocked

100.00%

Project Details

Screenshots

Show More

Total Raised $9.87 M In 4 rounds

Pre-Valuation $35 M Calculated

Twitter Performance

277 / 3000
Investors
Arche Fund Tier 3
- +12
Top Followers

@fabric_vc 19.41 K Followers
Last Updated January 26, 2024, 10:52

Music MCap

$0

Dominance

0.00%

Vesting Progress

64.07% 997 days left

Unlocked
64.07% $189.52 K 640.72 M CO
Locked
18.02% $71 180.19 M CO
Untracked
17.91% $52.97 K 179.08 M CO

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