Decentralized music platform Corite, which is transforming traditional industry funding, announced a partnership with hit-making producer, writer, and recording artist Rico Love to launch the latter’s Presented project, Invezz learned from a press release. The project is a milestone in Corite’s history of empowering independent artists to get record deals in innovative ways.
Love has written and produced tracks for Beyoncé, Usher, Nelly
Among the world-famous artists Love has written and produced tracks for are Beyoncé, Usher, Nelly, Kelly Rowland, and many others. On Presented, Rico Love will work with Corite on the campaigns for six new artists, which are funded by fans. The end product will be six EPs with three songs on each.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
Presented will include the sale of a number of exclusive NFTs on Corite’s new blockchain platform, developed with ChromaWay. The first six tracks on the project will be released by up-and-coming artists WifeyBaby and BranBaby. BranBaby’s debut single “Mask Up” dropped on October 1. The latest release, WifeyBaby’s “UNHOLY MATRIMONY”, will be available everywhere on October 15.
Rico Love said:
One of the most rewarding aspects of my work has been empowering young artists. The existing recording industry model makes it difficult for many of them to find their way, and I’m excited that Corite sees a new path forward—where fans both fund and share in the success of the artists they believe in. With my new project I’m looking forward to working with exciting new talents–Ariale, Branbaby, Pheli, Rubina, WatchJazzy, and WifeyBaby–and can’t wait to share their music with you.
Corite CEO Mattias Tengblad said:
Launching Rico’s project is an exciting step for us. His phenomenal talent for nurturing artists and producing great music makes him an ideal partner in our mission. Having a songwriter and producer of Rico’s caliber work with us inspires fans and generates confidence from the artists—the communities we serve.
Corite completed $2.2M pre-sale of its native token earlier this year
This year, Corite announced plans to launch a blockchain platform, announced a partnership with HITCO Entertainment, and completed a $2.2 million pre-sale of its native $CO token. Love’s decision to team up with Corite reflects a growing trend toward artist independence.
67% of retail CFD accounts lose money