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Corite Announcements

@corite_announcements
Kanal geosi va tili: Butun dunyo, Inglizcha

@corite 💬
🎧 Corite is a fan funding music platform on BNB chain.
CO token is live on ByBit and Pancake Swap
Distribute, market and fund your next release with Corite - ruled by artists, backed by fans
More about Corite 👉 https://corite.lnk.to/2023

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Corite Announcements

15 Nov, 14:08

Telegram'da ochish Ulashish Shikoyat qilish
Emergency announcement

Hello,

As you might have seen Bybit will be delisting $CO on November the 22nd.

This came as a surprise to us as we are meeting all their requirements and they have not been in touch with us prior to this.

Here’s what we’re doing now to mitigate this:
1 exploring other CEX listings
2 Adding more liquidity onchain to our Pancakeswap pools

We will make sure there is always a marketplace to trade $CO. This is very sad news as we’re just getting started on a new direction.

// Vincent
273 2 4 1 1
Corite Announcements

14 Nov, 17:43

Telegram'da ochish Ulashish Shikoyat qilish
Gm Corite community,

Firstly, I am so thankful for all your patience, it has been very hard figuring this out over the past months but I am certain this is the absolute best way forward.

It’s time to finally unveil what I have been cooking up for you.

Within a week’s time we’re fully rebranding the Corite social and community channels into the CO Foundation’s new initiative Robin.

We are building the first EVM-based decision market tool.

As promised, here’s the roadmap (which will ofc be available on our website):

Immediate actions (within the next week)
1. Rebrand and activate social media
2. Unveiling our infrastructure partnership
3. Launch new website

Within a month
4. Building a bridge for the $CO token
5. New staking pool for $CO
6. Finished tokenomics redesign

Long-term product roadmap
7. Building a working MVP (12 weeks)
8. Beta testing
9. Feedback iterations (4 weeks)
10. Public launch Q2 2025


For this product roadmap to be successful I need all of you community members to be on my side and support us in here and on social media.

If you don’t like the idea, I suggest you sell your tokens and move on to another project.

This is the path it’s going to be, and me and 0xFerd are going to do everything we can to make it successful.

Hold on to your hats, because the waiting is done and the shipping starts.

// Vincent
199 2 2 3 13
Corite Announcements

5 Nov, 19:21

Telegram'da ochish Ulashish Shikoyat qilish
Gm CO Community

We have now put out an official statement on the Alan Walker situation.

*As most of you are aware the Alan Walker team took over the distribution of the music early this year and this had two implications:
1. The payouts would expected to happen quarterly
2. The actual timing of the payouts was out of Corite's control
3. Corite is committed to paying out any amounts within days of receiving them
We understand that the situation may be frustrating, but we are working with the Alan Walker team to resolve the situation. Rest assure that any payments not yet done will happen eventually. We thank you for your patience.*

The statement can be found here:
https://corite.com/alan-walker/origins
https://corite.com/alan-walker-x-the-walkers/unity
Origins by Alan Walker
NOTICE TO ALL BACKERS: As most of you are aware the Alan Walker team took over the distribution of the music early this year and this had two implications: 1.
357 1 1 2 5
Corite Announcements

25 Oct, 20:25

Telegram'da ochish Ulashish Shikoyat qilish
Time for a new community update:

Finally have a GREAT announcement for you guys! This has taken quite some time to put together but I'm happy to announce that we have a LEAD DEVELOPER recruited!

0xFerd is an entrepreneurial fullstack developer with experience ranging from app development to blockchain and GameFi development. He's currently working as the lead dev for an ecommerce player and will join us full-time from next month!

He just set up an X account, pls go follow him here to support: https://x.com/0xferd?s=21&t=0ZwpwBhPwQgtihaZhngtVQ

Very excited about this as we'll now start to see some long awaited new tech development building out the next product suite for value accrual for the $CO token!

Have a great Thursday - Q4 is heating up!
0xFerd (@0xFerd) / X
464 1 0 1 6
Corite Announcements

18 Oct, 18:12

Telegram'da ochish Ulashish Shikoyat qilish
Community update time!
Been a busy few weeks but I have some great news for you.
• A lead developer is joining me full-time very soon, will introduce him in next weeks community update!
• This means we can finally start rolling out new product roadmap and building it L F G
• Was at Permissionless last week in US - a lot of good connections and investor meetings, the way forward is now very clear and will be communicated through our new website
• Twitter is now active again - cryptic but turning into something clear
• Want to start doing frequent live-streams / spaces - is that something you would be up for? Considering Twitch - pls do let me know if you have other suggestions

Hope you have a great weekend! 🌼
529 1 0 1 13
Corite Announcements

3 Oct, 11:41

Telegram'da ochish Ulashish Shikoyat qilish
GM!

Time for today’s community update, here’s what’s currently going on:
• 2 big contracts are awaiting signing
• Rebranding marketing strategy is basically done
• New twitters strategy is in the making and we will acivate the twitter by next week
• Preparing a lot of meetings for Permissionless III in Salt Lake City next week! If any of you are coming, you can DM me to meet up!

Looking forward to next week already!
630 1 0 4
Corite Announcements

27 Sep, 14:22

Telegram'da ochish Ulashish Shikoyat qilish
Gm!

One week back in the office, a lot of follow ups from Singapore to keep track off.

This week has been mostly focused on expanding the team and I'm in a long process with a potential lead developer for our new direction which is very close to be done (still awaiting some dependencies)

RE: the Central Cee collections broken OpenSea page. We've been working with the old devs to figure out what's going on. We're still in the process, all smart contracts are ofc intact so we suspect the issue is on the OpenSea end. Will be reporting more on this soon!

Also have been preparing for Permissionless III which is happening in Salt Lake City in 2 weeks time! If any of you will be there, shoot me a message if you're there and we'll meet up!

Have a great weekend everyone!
667 1 0 6
Corite Announcements

20 Sep, 10:03

Telegram'da ochish Ulashish Shikoyat qilish
Gm!

Time for this weeks community update! I’ve been in Singapore for the whole week attending Token2049 and Solana Breakpoint. A lot of good discussions with VC’s, partners and infrastructure providers.

We now have the lead developer and infrastructure partner 99% in place and just need to finalize signing so we can announce it here, looking forward to introducing them to you!

I will be in Singapore until Sunday so if any investors, holders or users wanna meet up you know where to DM me!

// Vincent
572 1 0 6
Corite Announcements

10 Sep, 20:30

Telegram'da ochish Ulashish Shikoyat qilish
I know the tension has been high here since I took over things in May 2024 - I made some miscalculations as to how long it would take to get everything put together to continue the journey.

A new brand has been created, a new website will be launched soon to show it off!

We have quite a utility roadmap for $CO created which will also undergo a rebrand.

I thought I would start to do these weekly community updates here just to show what I’m working on, here’s what’s going on this week:
Finalizing recruitment of new lead developer
Working on big infrastructure strategic partnership
Preparing investor meetings for Token2049 next week
Working on marketing strategy for launch of the new brand!

Will keep this up weekly now so you can all stay on track with what’s going on!
628 1 1 8
Corite Announcements

25 Jun, 18:09

Telegram'da ochish Ulashish Shikoyat qilish
Very excited to unveil our newest partnership with JKBX!

https://musically.com/2024/06/25/jkbx-and-corite-team-up-for-fan-investments-in-music/

We have teamed up with U.S.-based JKBX to provide our community with a broader range of options for music investments. JKBX is a company offering SEC-qualified Royalty Shares of hit songs recorded by global superstars such as Beyoncé, Adele and Taylor Swift . These Royalty Shares entitle investors to a portion of the income generated from these songs.

Why?
When Corite was started we wanted to build a community of people passionate about investing in music. We have built a community of over 14,000 $CO holders and 100,000 registered users, and we feel there is still more to give in terms of music investments. This is why we’ve decided to partner up with JKBX to really expand our partnership offerings!

How?
We will be sending out custom links over email and then you’ll need to sign up with JKBX and you’re ready to go!

Starting out this promotion is only available to users with US or Canadian bank details.
JKBX and Corite team up for fan investments in music
Explore how their strategic partnership is expanding opportunities for artists and fans alike.
1.4k 1 1 1 13
Corite Announcements

31 May, 12:53

Telegram'da ochish Ulashish Shikoyat qilish
I will be hosting a little Friday spaces to update you all on the progress this past month!

Please post your questions below and tune it at 3:00 PM CET!

https://x.com/i/spaces/1yoKMwABpjYJQ

// Vincent
1.1k 1 1 2 6
Corite Announcements

30 May, 12:00

Telegram'da ochish Ulashish Shikoyat qilish
Dear community,

The new CO Foundation website is now LIVE!

Check it out: https://cofoundation.io/

Building this website was part of doing things right from the ground up.

Now we have solid fundamentals to build on and a clear distinction between the CO Foundation and Corite.

And to be clear - this is not the product website - this website replaces corite.org - the new project website is still under construction and I can assure you it will be worth the wait, especially for OG holders

The website contains some hints as to what’s coming next - I want to hear your speculations and thoughts on the design!

To celebrate this we’re doing an AMA tomorrow at 3:00 PM CET- will make sure to record it this time

Up and to the right!
THE CO FOUNDATION
Investing in Crypto Culture
1.1k 1 2 16 11
Corite Announcements

28 May, 16:24

Telegram'da ochish Ulashish Shikoyat qilish
Gm frens!

Another personal update from my end while we wait for next steps to materialize!

I’ve currently got 5 different work streams going on and looking to bang them out one by one. Not easy to manage but we’re getting there day by day!

What’s going to come out next is the new CO Foundation website which is replacing corite.org - I’ve seen the design and I’m extremely satisfied with it, just have some minor fixes that need to be done before it can be shipped.

Don’t confuse this with what’s to come btw - you will definitely notice once new the first steps of the new product is live 🙂

Since brand building and development is taking some time I was thinking about setting up a Zealy campaign where the top 20 participants would get to see behind the scenes what’s coming on a private call with me. Is that something you’d be interested in?

Also time for an AMA very soon - at latest next week! I would ideally like to have the new Foundation website live first and then do the AMA. I’ll send out an announcement well ahead of time so don’t worry! Will make sure to record it this time 😅

LFG!
864 1 0 3 17
Corite Announcements

21 May, 12:37

Telegram'da ochish Ulashish Shikoyat qilish
Gm!

Past few weeks have flown by and a lot of things are happening in the background. Thought I would share a quick personal update with you all!

The rebranding of the CO Foundation is in full swing and should be coming to a close within the next 10 days. We're also working on something new outside of the Foundation which will indicate the way forward.

When it comes to scouting advisors and building new partnerships I've been having a lot of meetings. Got one deal locked in (see image for clue) and another one very close to signing. On the advisor front I've been talking to a lot of talented people in marketing, design and community - very excited to start rolling this out once rebrand is complete. I'm not going to rush this one because we only want the best of the best on our advisory board.

Also very stoked about the ETH ETF approval odds going through the roof. Let me tell you if it gets approved you are in for an alt season like never before.

Culture is fundamentals - expect a new update v soon.
854 1 0 14
Corite Announcements

10 May, 13:19

Telegram'da ochish Ulashish Shikoyat qilish
Happy Friday!

Our friends at MasterExchange just launched another banger IMO!

This time they're offering up Boss Bitch - Doja Cat by Sky Adams. After the last campaign with Calvin Harris' How Deep Is Your Love they have built up a huge backlog of users waiting to get access to the platform.

As a member of the CO community you are now entitled to skipping the line and can invest directly in the IMO by going through our custom link: https://www.masterexchange.com/corite

The IMO is priced at 10,40€ per share and has an estimated yield of 13,17% based on past performance.

Have a great weekend and happy investing fam!
893 1 3 12
Corite Announcements

7 May, 21:20

Telegram'da ochish Ulashish Shikoyat qilish
Yoyo!

For some reason the Twitter space bugged and did not record as I had planned, so I decided to share a summary with you all going through the most important questions.

What is the difference between Corite and Project CO?
Project CO or the CO Foundation is the organization that issued the $CO token and governs everything that has to do with the $CO token.

Corite is a private company that builds tools, services and apps for artists and fans. The CO foundation commissioned Corite to build out the platform you all know as “Corite”.

There has been a lot of confusion regarding this due to naming (for example token name is Corite and this server's name is Corite). This is the main reason we’re rebranding Project CO because we’ll be able to create a clear separation between Project CO and Corite.

How long will it take to get the project on track?
Hard question to answer as “on track” is a matter of perspective, but my short answer is one month. Currently working on

Rebranding
New advisory board
New partnerships

All of these will be done within the month of May, then we start focusing on the bigger vision.

What is the roadmap for project CO?
I can’t share the exact specifics now as this will be one of the most important things to get right, but in broad strokes:

I’m building the voting platform so all $CO holders will be able to participate in community votes
We’re expanding the vision from only music to culture. This way we will be able to attract more projects to our platform such as art, fashion, gaming and memes. This will all be tied into a launchpad. And the best part, you’ll need $CO tokens to participate in launches which will create a very clear value driver for $CO.

What are the listing plans for bigger exchanges?
Within a year's time I want to have $CO on at least a few more high-tier exchanges such as MEXC and Kucoin. Ideally we also want to get the Binance listing done, but this is very hard to promise and depends a lot on how the market moves.

Thanks to everyone for tuning in! I plan to have these AMA’s now every few weeks to keep you updated on the progress 🙂
824 1 1 12 10
Corite Announcements

6 May, 15:08

Telegram'da ochish Ulashish Shikoyat qilish
We're hosting an AMA tomorrow at 17:00 CET to answer any questions you might have about the new direction for the CO Foundation!

So please make sure to tune in and make sure to post any questions you might have below. You will also be able to ask questions live on stream.

Looking forward to talking with you all!

//Vincent
745 1 0 7
Corite Announcements

29 Apr, 14:30

Telegram'da ochish Ulashish Shikoyat qilish
Gm CO community,

Today we have something monumental to announce.

The CO Foundation which governs and issues the $CO token will receive a new management board that will carry the torch forward.

From today onwards, I, Vincent Weckström, will be taking over the position as Director of the CO Foundation together with Henrik Hjelte, the Co-Founder of Chromia and ChromaWay.

My background is in business and finance, and I've been working full-time in crypto since early 2022. I have served as a consultant for the CO project for nearly a year now, gaining a clear understanding of both the challenges and opportunities associated with this new position. This insight comes from working closely with the founding team in person at the Stockholm office.

What does this mean for Corite and Project CO?
Corite the company, is still led by Mattias, Emil and Emelie and they are continuing working on Aflow in full speed, which has potential to be of great benefit to Project CO funneling in a new segment of artists into our community.

The CO Foundation will continue to develop applications that drive value to $CO holders and further investment into music and culture through tokenization.

We have laid out a 3-step strategy to start with, here’s a broad strokes overview of immediate actions:


- A rebrand of Project CO to create a more crypto-native brand identity and further cement ourselves as one of the top Web3 projects in entertainment.
- Expanding our partnership offering outside of music, while increasingly making our partnerships token-gated to drive value to the $CO token.
- Building up a new advisory board to guide us through this transition from an established brand in the music industry to a crypto-native entertainment hub.

A more detailed roadmap will be shared with you all soon as the rebrand goes live online.

I think CO has huge potential to become a leading community within Web3 entertainment and culture, and I am very excited about taking Project CO to a new level given the market tailwinds we’ve been getting over the past year.

Regarding exchange listings which I know many of you are wondering about, part of the larger roadmap is working up a respectable liquidity for the $CO token. This will be done in collaboration with market makers and top-tier exchanges - so while listings will not happen in the coming months, the year ahead will contain lots of work in this area. Since we are already listed on Bybit, listing on lower tier exchanges will do us no good, which is why we’re aiming high!

Feel free to follow me on Twitter to stay up to date with what I’m doing! https://twitter.com/vinceweckstrom and 0xvincentblk on Warpcast.

Super excited about the upcoming journey and forever thankful for everyone’s support already ❤️

//Vincent
0xVincent.lens (@vinceweckstrom) on X
Trading ideas and thoughts from the left side of the bell curve.
1.1k 1 7 9 12
Corite Announcements

20 Mar, 16:57

Telegram'da ochish Ulashish Shikoyat qilish
1.2k 1 1 1 7
Corite Announcements

16 Feb, 16:20

Telegram'da ochish Ulashish Shikoyat qilish
Gm CO Fam!

We have now updated the roadmap for 2024 on corite.org In this post we will be running through the milestones more in detail.

H1 2024 Roadmap
CO partnership expansion
Progressive decentralization
Artist support to grow community

CO partnership expansion
During the end of 2023 we kicked off a partnership with our friends over at MasterExchange. We have been in close contact with them during the beginning of 2024 and are happy to announce that we’ll be deepening our partnership throughout the year of 2024. This will of course mean many more great deals for the CO community!

We also have a current collab campaign going on with MasterExchange, check it out at: https://www.masterexchange.com/corite?lng=en

New partnership launch(es)
Behind the scenes our business developers have been hard at work talking to several different potential partners for the CO foundation and the $CO token. During the year of 2024 we expect to announce a number of new partnerships that will heighten the utility of the CO token.

Progressive decentralization of project CO
This is a big one. During 2024 we’re teaming up with a layer 1 infrastructure partner to build out the CO DAO. The CO DAO will cement the CO community and our partners on-chain and bring active governance and shaping possibilities to our holder-base plus a lot of new, exciting deals. The CO DAO is the first on-chain initiative for promoting investing in music as an asset class. Stay tuned!

Artist support to grow community
A week ago Corite announced the upcoming launch of Aflow - a new AI-based service that helps artists and their teams get into a flow. Corite is currently collecting participants for their closed beta testing so if you have any artist friends, tell them to request an invite at: aflow.co/

Thank you for reading this far and being a part of our community! We’re very excited about the upcoming year and are looking forward to sharing more updates with you throughout the year!

Best,
The CO Team
Corite x MasterExchange
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