E-NFTs: The Future of NFT Music

E-NFTs are the destiny of streaming music, as per Emmersive Entertainment, a Vinco Ventures Inc. subsidiary. Tramar Dillard "Flo Rida," David J. Kovacs, and Erik Hicks co-founded the firm in April 2021.

They are mostly interested in creating one-of-a-kind augmented digital and physical tokens and growing the NFT marketplace. The limited-edition E-NFT went on pre-sale on August 4 for an industry-revolutionizing $1. The E-NFT will offer music streaming and art works, with listening accessible via the Emmersive Entertainment App.

Emmersive Entertainment and Tory will distribute 1,000,000 copies of the new album solely on E-NFT.com, launching a new music distribution "fans" possibility. When sold out, they think the E-NFT is structured such that the only option to hear the album is to buy it from another enthusiast on the E-NFT.com platform, giving fans the chance to profit economically from the resale distribution of this rare music and art experience.

"First and foremost, I pour my heart, soul, and sweat into making my music since providing the best quality music is important to me," Tory Lanez stated.

"I'm ecstatic to be working with Emmersive Entertainment on a network that enables my fans and collectors to not only listen to my music but also to become businesspeople by reselling and setting their preferred pricing on the open market. This enables for a completely new type of fan involvement, which is the music industry's next incarnation, a full radical shift. I'm honored to be working with a group that completely supports my goals."

The premiere of Tory's new album, as well as the E-NFT platform, will be featured on the Lomotif app, which is being rolled out globally.

With the release of Tory Lanez's new album "When It's Dark" on August 4th, 2020, they revealed the first-ever music streaming NFT, and the companion app Lomotif, which would be a rival to TikTok and one of the world's largest short-form video platforms.

The Emmersive Entertainment App, which is accessible for both Apple and Android smartphones, will allow the E-NFT to stream music and artwork. Emmersive Music works with its artists to decide track price, and they provide them 50 percent of all revenues – a remarkably high percentage when compared to the standards of today's mega-record labels.

Lomotif, a TikTok rival, is one of the world's largest short-form video sites today. Millions across the world will be able to listen to Tory's once-in-a-lifetime debut NFT album. Lomotif has a long history in the music industry, having recently hosted the world's largest virtual musical event in collaboration with LiveXlive, which had over 37 million live views.

CSO Brian McFadden stated, "We are delighted to be a member of this incredibly revolutionary occasion". "The Emmersive Platform, which was launched with the limited-edition release of Tory Lanez's newest album, is a game-changer. When you combine this with the traffic that Lomotif can create, you have a powerful combination.”

We think Tory Lanez's remarkable propensity to provide fans a clean and unspoiled experience through unique songs makes an unforgettable effect on listeners globally, and that the "WHEN IT'S DARK" album is an everlasting piece of art that says volumes about his musical brilliance. On Tuesday, August 10, the industry-changing seven-song and seven-art piece collection "WHEN IT'S DARK" will be released.