Corite is a digital distributor operating in the same space as TuneCore, United Masters and Ditto. But the platform has its own differences – Corite gives fans the opportunity to invest directly in their favorite creators and then receive a share of the streaming revenues by engaging the fans. In this way, each fan plays a kind of record label role, funding and in return financially benefiting from potential success.
Creators' fan campaign valuations are set based on previous streaming history to determine the potential of future revenues.
Corite has more than 400 campaigns, raised 1MUSD for artists and millions of streams on its platform. Artist collaborations include Alan Walker, Danny Saucedo, Sabina Ddumba and King Charles.