American rapper Lil Durk is considering “proposing an IPO” of his next music.
It depends Exceed talent capitala company that claims to let artists “create a legally compliant IPO of their work and empower everyone to invest in the talent they love.”
The rapper is teaming up with Exceed for a proposed IPO of his song Bedtime with 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 offering under SEC Regulation A or an IPO.
Exceed says it will provide fans with a wide range of investment opportunities not only for musical artists, but also for influencers, creators, athletes and other talents interested in launching public offerings in line with the SEC of their work.
The company added in a press release, however, that “no money or other consideration is solicited at this time for the sale of securities, and if sent, it will not be accepted.”
Exceed says its model offers fans a new way to invest in artists in the age of Web3 and takes a unique approach to the Web3 space.
“We believe blockchain is a very efficient way to provision and authenticate digital assets. We’re not talking about the JPEGs that are in your wallet; in fact, you don’t even need a wallet to participate. .
Anthony Martini, Exceed Talent Capital
“We believe blockchain is a very effective way to provision and authenticate digital assets,” said Exceed Chairman Anthony Martini. “We’re not talking about the JPEGs that are in your wallet; in fact, you don’t even need a wallet to participate. We simply use tokens to provide assets that people can use in ways they already know. Think of it like Web 2.5.
Thanks to Exceed, Lil Durk will give fans a “Trenches All-To access Pass”, which can be considered an NFT. It offers exclusive access to the Grand Theft Auto private role-playing game server custom-designed by Lil Durk and his company OTF Gaming.
The server currently has a waiting list of over 15,000. With the presale, fans will get immediate lifetime access, limited-edition in-game wearables, and first dibs on everyone’s action. Lil Durk Song Benefits Bedtime.
“Exceed allows my fans to be part of my team and share our success together.”
Lil Durk said, “Where I’m from not many people own anything. As The Voice of the Trenches and for my label OTF, I’m always looking for ways to grow and give back to my people. Exceed allows my fans to be part of my team and share our success together.
Each Trenches Pass contains a priority list reservation for the first dibs on Talentshares for Lil Durk’s planned IPO of Bedtime; instant and lifetime access to the artist’s Premium Trenches GTA server; a GTA Trenches online loot box that contains limited-edition in-game clothing items from a collection of over 1,000 custom items; and a selection of IRL perks like “one-of-a-kind” physical items, plus interactions with Lil Durk and VIP designation for in-person events, free concert tickets and more.
He is one of a number of artists jumping on the Web3 music trend. Partnering with OTF Gaming co-founder and former FaZe Clan member Zephyr, the rapper aims to grow the platform further.
“We wanted to create an incredibly refreshing experience for gamers and roleplayers in the RP and FiveM community with a combination of the gaming industry and the music industry,” Zephyr said.
Zephyr is a former member of FaZe Clan, who recently became the first listed Gen-Z influencer company after merging with a blank check company that valued the company at $725 million.
Along with OTF Gaming, Zephyr said The Trenches Server “will be hosting regular events and integrating with native and non-native brands in the gaming space to showcase them and engage our players with their brands/products. This includes digital music festivals and more.The music industry around the world