How to buy Tory Lanez NFT — get the limited-edition digital music collectible

“How to buy Tory Lanez NFT” is a query that’s blowing up on the Google search engine for one reason and one reason only: folks want to a second chance to purchase Tory Lanez’s NFT album.

The rapper, singer-songwriter and producer launched his first NFT-based album titled “When It’s Dark” on August 10. Rolling out one million copies to the public, Tory Lanez sold all in just 60 seconds. Many were frustrated about their inability to get their hands on the album dubbed “the first-ever music streaming NFT.” Luckily, there is a silver lining. The E-NFT marketplace is dropping another round of NFTs on August 24 at 5 p.m. ET.

How to buy a Tory Lanez NFT

As mentioned, Tory Lanez fans will get another chance to get their hands on the limited-edition NFT album. However, folks who are new to NFTs may be scratching their heads on how to purchase the crypto-based album. Here’s a step-by-step tutorial on how to buy a Tory Lanez NFT.

1. Go to E-NFT.com and create an account.

How to buy Tory Lanez NFT album (Image credit: Future)

2. You’ll be prompted to confirm your email. Go to your email and click on the link to continue the registration process.

3. You’ll be led to a new page. Scroll down and click on “Download the E-NFT app.”

How to buy Tory Lanez NFT album (Image credit: Future)

4. Type in your login credentials.

5. A code will be sent to your email. Copy it and paste it into the “Authorization Code” field.

6. A guided tutorial will take place. Once finished, click on “Return to E-NFT.com.”

Now, you’ve done two things. You’ve made an account at E-NFT and created an Emmersive Wallet. Now, you will be ready to purchase Tory Lanez' album. As of this writing, the marketplace is experiencing some server issues, but you should be able to see the NFTs here.

The listings you’ll see on the marketplace are NFTs that were purchased from the first drop. Sellers are setting their own resale price. Once you see a price you like, click on “Buy It Now.”

How to buy Tory Lanez NFT album (Image credit: E-NFT)

Follow the prompts to purchase the NFT, and voila, you’ve got your hands on a limited-edition, digital-music collectible.

Tory Lanez Says He Sold 1 Million Copies of His NFT Album in Under One Minute

Tory Lanez has gone platinum in under a minute.

The Toronto rapper is celebrating the success of his first-ever streaming NFT album When It’s Dark, which he claims sold 1 million copies in just 57 seconds.

Taking to Instagram, Tory shared video of himself receiving the exciting news as he popped champagne and ran around his backyard.

“A fuing million copies! I just went fuing platinum!” he screamed. “I just sold the equivalent units at $1. Sold a million copies flat and I made a million dollars in less than a fuing minute. Y’all try to hold me back. You can’t fuing stop me, my ni**a.”

Only 1 million albums were available starting at 5 p.m. ET on Tuesday (Aug. 10). Fans were able to pre-order up to 100 albums (e-NFTS) for $1, which included 7 new songs and 7 art pieces streaming exclusively via the E-NFT platform and app. After the initial 1 million units, albums are only available if buyers resell their E-NFT rights.

“I’m not even excited for me. I’m excited for y’all nias, bro,” Tory told his fans before jumping in the pool. “Y’all bout to resell this shit and make so much fuin’ bread.”

According to the One Umbrella boss, this is his most successful project yet. “I’ve never sold this much music so fast !!! I GUESS WHEN U CUT THE BULLSHIT OF THE MIDDLE MAN , U BECOME KING !!!” he said.

The album features Tory’s “When It’s Dark” freestyle on which he fires back at Cassidy after the “I’m a Hustla” rapper accused him of stealing his flow.

Vinco Ventures, Inc. Reports Financial Results for the Second Quarter Ended June 30, 2021

Bethlehem, P.A., Aug. 23, 2021 (GLOBE NEWSWIRE) – Vinco Ventures, Inc. (NASDAQ:BBIG), a digital media merger and acquisitions company, today announced results for the second quarter ended June 30, 2021.

Company to Host Second Quarter 2021 Earnings Conference Call on August 25, 2021

Company Highlights

Vinco Ventures and ZASH Global Media and Entertainment through their Joint Venture, ZVV Media Partners, LLC completes acquisition of eighty percent (80%) interest in Lomotif.

Lomotif has achieved a record number of Monthly Active Users (MAUs) with over 30 million MAUs according to Data Analysis Firm Sensor Tower

The Lomotif India initiative continues to work well with robust user growth on a monthly basis. India will remain a focus target market.

Vinco Ventures currently has approximately $80 million cash as of today’s date.

The current registered warrants (approximately 44 million) provide the Company with additional capital of more than $140 million when exercised.

In April of 2021, The Company acquired the assets of Emmersive Entertainment in an all-stock deal. Utilizing the Emmersive assets, the Company developed the EVNT Platform which operates the NFT Commerce site, E-NFT.com.

The Company recently launched recording Artist Tory Lanez album “When It’s Dark” on the E-NFT.com platform. “When It’s Dark” is the first album to go platinum on the blockchain with over 1,000,000 units sold.

The Company has announced the “spin out” of the EVNT Platform into its own Publicly traded company. The date of record has not been set.

Second Quarter 2021 Financial Highlights (Three Months Ended June 30, 2021):

For the three months ended June 30, 2021 revenue decreased to $2.69 million as compared to $5.17 million for the three months ended June 30, 2020, a 47.97% decrease. The decrease in revenue is mainly attributed to the decrease in sales of Personal Protective Equipment in the Edison Nation Medical division.

For the three months ended June 30, 2021 gross profit decreased by $198,424 as compared to the three months ended June 30, 2020 gross profit, a decrease of 16.97%. The decrease in gross profit is mainly attributed to the decrease in sales of Personal Protective Equipment in the Edison Nation Medical division.

For the three months ended June 30, 2021 gross margin increased to 36.06% as compared to the three months ended June 30, 2020 gross margin of 22.59%. The lower margins in the prior period are due to revenues from the lower margin Edison Nation Medical division.

Second Quarter 2021 Financial Summary Revenue (Six Months Ended June 30, 2021):

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For the six months ended June 30, 2021 revenue decreased to $5.26 million as compared to $7.13 million for the six months ended June 30, 2020, a 26.24% decrease. The decrease in revenue is mainly attributed to the decrease in sales of Personal Protective Equipment in the Edison Nation Medical division.

For the six months ended June 30, 2021 gross profit increased by $123,730 as compared to the six months ended June 30,2020 gross profit, an increase of 7.04%.

For the six months ended June 30, 2021 gross margin increased to 35.81% as compared to the six months ended June 30, 2020 gross margin of 24.68%. The lower margins in the prior period are due to revenues from the lower margin Edison Nation Medical division.

Net Loss

Net loss in the second quarter of 2021 was $183.89 million, or ($5.13) per basic and diluted share, compared to a net loss of $1.62 million, or ($0.18) per basic and diluted share in the second quarter of 2020. The increase in the net loss is primarily due to the issuance of warrants during the period.

Net loss for the first six months of 2020 was $246.14 million, or ($8.95) per basic and diluted share, compared to a net loss of $0.35 million, or ($0.04) per basic and diluted share in the first six months of 2021. The increase in the net loss is primarily due to the issuance of warrants during the period.

Vinco Ventures, Inc. Second Quarter 2021 Conference Call

Event Date: Wednesday August 25, 2021

Event Time: 5:00PM Eastern Standard Time

Event Duration: 60 minutes

The conference call can be accessed through the following numbers:

1- 844-602-0380 (U.S. participants)

1- 862-298-0970 (International participants)

To access the live webcast presentation, visit:

https://www.webcaster4.com/Webcast/Page/2479/42594

A webcast replay will be available until August 25, 2022.

Questions can be submitted to investors@vincoventures.com on or before 2pm on August 24, 2021.

Conference Replay:

A teleconference replay will be available until September 8, 2021.

1- 877-481-4010 (U.S. participants)

1-91 919-882-23319-882-2331 (International participants)

Passcode: 42594

Vinco Ventures, Inc. and Subsidiaries

CONSOLIDATED BALANCE SHEETS

June 30,

2021 December 31,

2020 (Unaudited) Assets Current assets: Cash and cash equivalents $ 74,756,573 $ 249,356 Accounts receivable, net 2,907,002 1,382,163 Short-term investments 895,600 1,018,000 Inventory 852,147 1,127,725 Prepaid expenses and other current assets 1,209,435 522,259 Current assets of discontinued operations - 1,042,680 Total current assets 80,620,757 5,342,183 Property and equipment, net 1,033,810 1,010,801 Right of use assets, net 104,707 153,034 Loan receivable 5,000,000 - Equity method investment 12,000,000 - Intangible assets, net 16,533,373 9,798,813 Goodwill 5,983,852 5,983,852 Non-current assets of discontinued operations - 5,739,524 Total assets $ 121,276,499 $ 28,028,207 Liabilities and stockholders’ equity Current liabilities: Accounts payable $ 1,791,982 $ 3,618,339 Accrued expenses and other current liabilities 1,284,168 2,101,610 Deferred revenues 131,578 152,040 Current portion of operating leases liabilities 99,293 96,777 Income tax payable 27,643 27,643 Line of credit, net of debt issuance costs of $0 and $15,573, respectively 1,133,652 1,500,953 Current portion of convertible notes payable, net of debt issuance costs of $6,666,667 and $0, respectively 3,333,333 577,260 Current portion of notes payable, net of debt issuance costs of $0 and $212,848, respectively 15,185 1,301,212 Current portion of notes payable – related parties 876,500 1,389,923 Due to related party 15,401 32,452 Current liabilities of discontinued operations 120,729 487,454 Total current liabilities 8,829,464 11,285,663 Operating leases liabilities –net of current portion 8,483 58,713 Convertible notes payable – related parties, net of current portion, net of debt discount of $172,984 and $366,666, respectively 267,183 1,161,495 Notes payable, net of current portion 19,966 595,879 Notes payable – related parties, net of current portion - 1,403,756 Warrant liability 139,695,115 - Total liabilities $ 148,820,211 $ 14,505,506 Commitments and Contingencies (Note 12) - Stockholders’ equity Preferred stock, $0.001 par value, 30,000,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively $ - $ - Series B Preferred Stock, $0.001 par value, 1,000,000 shares authorized; 0 and 764,618 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively - 765 Common stock, $0.001 par value, 250,000,000 shares authorized 59,927,241 and 14,471,403 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 59,927 14,471 Additional paid-in-capital 244,026,879 39,050,260 Accumulated deficit (269,787,198 ) (23,648,898 ) Total stockholders’ (deficit) equity attributable to Vinco Ventures, Inc. (25,700,392 ) 15,416,598 Noncontrolling interests (1,843,320 ) (1,893,897 ) Total stockholders’ equity (27,543,712 ) 13,522,701 Total liabilities and stockholders’ equity $ 121,276,499 $ 28,028,207

The accompanying notes are an integral part of these condensed consolidated financial statements.

Vinco Ventures, Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three Months

Ended June 30, For the Six Months

Ended June 30, 2021

(Unaudited) 2020

(Unaudited) 2021

(Unaudited) 2020

(Unaudited) Revenues, net $ 2,691,811 $ 5,173,982 $ 5,256,973 $ 7,127,328 Cost of revenues 1,721,189 4,004,936 3,374,570 5,368,655 Gross profit 970,622 1,169,046 1,882,403 1,758,673 Operating expenses: Selling, general and administrative 5,941,652 2,377,853 17,602,532 5,567,516 Operating loss (4,971,032 ) (1,208,807 ) (15,720,129 ) (3,808,843 ) Other (expense) income: Rental income 28,703 25,703 54,407 51,407 Interest expense (2,715,481 ) (847,154 ) (15,410,414 ) (1,571,111 ) Loss on issuance of warrants (133,699,181 ) - (208,855,715 ) - Change in fair value of warrant liability (37,154,989 ) - (773,447 ) - Change in fair value of short-term investment (52,000 ) - (122,000 ) - Loss on disposal of interest in joint venture (301,645 ) - (301,645 ) - Gain on divestiture - - - - Total other (expense) income (173,894,593 ) (821,451 ) (225,408,814 ) (1,519,704 ) Loss before income taxes (178,865,623 ) (2,030,258 ) (241,128,943 ) (5,328,547 ) Income tax expense - - - - Net loss from continuing operations $ (178,865,623 ) $ (2,030,258 ) $ (241,128,943 ) $ (5,328,547 ) Net income (loss) attributable to noncontrolling interests 22,543 22,241 50,577 22,241 Net loss from continuing operations attributable to Vinco Ventures, Inc. (178,888,166 ) (2,052,499 ) (241,179,520 ) (5,350,788 ) Net loss from discontinued operations (4,780,580 ) 428,119 (4,958,780 ) 4,995,900 Provision for income taxes for discontinued operations - - - - Net loss attributable to Vinco Ventures, Inc. $ (183,668,746 ) $ (1,624,380 ) $ (246,138,300 ) $ (354,888 ) Net loss per share: Net (loss) income per share - basic $ (5.13 ) $ (0.18 ) $ (8.95 ) $ (0.04 ) Net (loss) income per share - diluted $ (5.13 ) $ (0.18 ) $ (8.95 ) $ (0.04 ) Weighted average number of common shares outstanding – basic and diluted 35,831,466 8,920,554 27,489,580 8,551,012

The accompanying notes are an integral part of these condensed consolidated financial statements.

Vinco Ventures, Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Six Months Ended June 30, 2021

(Unaudited) 2020

(Unaudited) Cash Flow from Operating Activities Net loss from continuing operations attributable to Vinco Ventures, Inc. $ (241,179,520 ) $ (5,350,788 ) Net income attributable to noncontrolling interests 50,577 22,241 Net loss from continuing operations (241,128,943 ) (5,328,547 ) Adjustments to reconcile net (income) loss to net cash used in operating activities: Discontinued operations (4,958,780 ) 4,995,900 Depreciation and amortization 1,081,623 612,406 Amortization of financing costs 15,597,936 1,227,046 Stock-based compensation 10,003,767 1,588,427 Amortization of right of use asset 48,327 153,820 Gain on debt extinguishment (852,352 ) - Loss on disposal of discontinued operations 4,130,580 (4,911,760 ) Change in fair value of short-term investments 122,400 - Loss on issuance of warrants 208,855,715 - Change in fair value of warrant liability 773,447 - Changes in assets and liabilities: Accounts receivable (1,596,881 ) (978,097 ) Inventory 169,793 178,227 Prepaid expenses and other current assets (378,831 ) (967,109 ) Accounts payable (819,943 ) (344,847 ) Accrued expenses and other current liabilities (775,082 ) 1,425,622 Operating lease liabilities (47,714 ) (148,518 ) Due from related party (17,050 ) 9,532 Net cash used in operating activities (9,791,988 ) (2,487,898 ) Cash Flows from Investing Activities Purchase of property and equipment (88,633 ) (61,917 ) Cash received from sale of assets of CBAV 1, LLC 2,529,564 - Equity method investment (12,000,000 ) - Funding of loan receivable (5,000,000 ) - Net cash used in investing activities (14,559,069 ) (61,917 ) Cash Flows from Financing Activities (Repayments) borrowings under line of credit (379,333 ) 1,678,540 Borrowings under convertible notes payable 19,720,000 1,436,000 Borrowings under notes payable 73,000 1,767,352 Repayments under notes payable (2,145,475 ) (824,472 ) Repayments under notes payable- related parties (1,951,012 ) (14,508 ) Fees paid for financing costs (120,261 ) (143,479 ) Net proceeds from issuance of common stock 3,255,000 - Net proceeds from exercise of warrants 80,406,355 - Net cash provided by financing activities 98,858,274 3,899,433 Net increase (decrease) in cash and cash equivalents 74,507,217 1,349,618 Cash and cash equivalents - beginning of period 249,356 412,719 Cash and cash equivalents - end of period $ 74,756,573 1,762,337 Supplemental Disclosures of Cash Flow Information Cash paid during the period for: Interest $ 858,388 $ 144,740 Income taxes $ (14,738 ) $ 235,725 Noncash investing and financing activity: Shares issued to note holders $ 422,672 $ - Conversions under notes payable $ 12,248,507 $ 424,000 Issuance of warrants to note holders $ 208,855,715 $ - Shares reserved for EVNT, LLC $ 7,400,000 $ -

The accompanying notes are an integral part of these condensed consolidated financial statements.

About Lomotif

Lomotif is the leading video-sharing social networking platform that is democratizing video creation. Since the company was co-founded by video enthusiast Paul Yang in 2014, Lomotif has been granted three technology patents uniquely focused on empowering creators to share and watch short videos with ease through remix and collaboration. Yang’s bold vision is to build the world’s largest video vocabulary to accelerate the world’s transition to video-first expression. Lomotif, available in the Apple and Google stores, is a downloadable app for hip hop, rap, and urban culture across the United States and Latin America. Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. For additional information about Lomotif Private Limited, please visit Lomotif’s website at www.lomotif.com.

About ZASH Global Media and Entertainment Corporation

ZASH Global Media and Entertainment Corporation is an evolving network of synergetic companies working together to disrupt the media and entertainment industry. For additional information about ZASH Global Media and Entertainment Corporation, please visit ZASH’s website at www.zash.global.

About Vinco Ventures, Inc.

Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. Vinco’s B.I.G. (Buy. Innovate. Grow.) strategy is to seek acquisition opportunities that are poised for scale and will “BE BIG”. For more information visit Investors.vincoventures.com.

Forward-Looking Statements and Disclaimers

To the extent any statements contained in this press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 and the information that are based upon beliefs of, and information currently available to, the company’s management as well as estimates and assumptions made by the company’s management. These statements can be identified by the fact that they do not relate strictly to historic or current facts. When used in this presentation the words “estimate,” “expect,” “intend,” “believe,” “plan,” “anticipate,” “projected” and other words or the negative of these terms and similar expressions as they relate to the company or the company’s management identify forward-looking statements. Such statements reflect the current view of the company with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the company’s industry, its operations and results of operations and any businesses that may be acquired by the company. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the company does not intend to update any of the forward-looking statements to conform these statements to actual results.

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Investor Relations

Aimee Carroll

T: 866-900-0992

investors@vincoventures.com