American rapper Lil Durk is planning an “IPO” for his upcoming music work.
That’s according to Beyond talentone company claims to allow artists to “create a legally compliant IPO of their work and allow people to invest in the talent they love”.
The rapper is collaborating with Exceed for a proposed IPO of his song Time to go to sleep featuring artist Doodie Lo, plus exclusive fan access to a custom Grand Theft Auto server.
Exceed said it is currently “testing the waters” to gauge investor interest in an SEC Regulation A offering or an IPO.
Exceed says it will give fans a variety of investment opportunities not only for music artists but influencers, creators, athletes and other talents interested in launching public services comply with the SEC for their work.
However, the company added in a press statement that “no money or other consideration is being solicited at this time to sell the securities, and if any were submitted, it would not be accepted.” “.
Exceed says their model offers fans a new way to invest in artists in the Web3 age, and it takes a unique approach to the Web3 space.
“We believe blockchain is a really efficient way to distribute and validate digital assets. We’re not talking about JPEGs in your wallet; in fact, you don’t even need a wallet to participate.”
Anthony Martini, Exceed Talent Capital
“We believe blockchain is a really efficient way to distribute and validate digital assets,” said Exceed President Anthony Martini. “We’re not talking about JPEGs in your wallet; in fact, you don’t even need a wallet to participate. We simply use tokens to distribute assets that people can use in ways they are already familiar with. Think of it like web 2.5”.
Through Exceed, Lil Durk Will Give Fans A “Trenches All-Access “Pass,” can be considered an NFT. It provides exclusive access to the private Grand Theft Auto role-playing server built by Lil Durk and his company OTF Gaming.
The server currently has a waiting list of over 15,000. Through the pre-sale, fans will have instant lifetime access to the limited edition in-game wearable and get stock from all Lil Durk song proceeds for the first time. Time to go to sleep.
“Exceed makes it possible for my fans to be a part of my team and share in our success.”
Lil Durk
Lil Durk said: “Where I come from, very few people own anything. As The Voice of the Trenches and for my company OTF, I am always looking for ways to expand and benefit my people. Exceed makes it possible for my fans to be a part of my team and share in our success.”
Each Trenches Pass contains a pre-booked priority list for the first people to join Talentshares for Lil Durk’s planned IPO Time to go to sleep; instant and lifetime access to the artist’s GTA Premium Trenches server; a Trenches GTA Online Loot Box containing limited edition in-game wearables from a collection of over 1,000 custom items; and a selection of IRL perks like “one-of-a-kind” physical items, as well as interacting with Lil Durk and VIP designations for live events, free concert tickets, and more.
He is one of the artists who are starting to trend Web3 music. In partnership with OTF Gaming Co-Founder and former FaZe Clan member Zephyr, the rapper aims to grow the platform further.
“We wanted to create an amazing new experience for gamers and role-players in the RP and FiveM communities with a combination of the Gaming Industry and the Music Industry,” said Zephyr.
Zephyr is a former member of FaZe Clan who recently became First publicly traded Gen-Z influencers after merging with a white check company valuing the business at $725 million.
With OTF Gaming, Zephyr said The Trenches Server “will host regular events and integrate them with both endemic and non-endemic brands in the gaming space to showcase them and engage their players.” I engage with their brands/products. This includes digital music festivals and more. “Worldwide music business
