After the loading screen, a black screen occurs. Someone mentioned in the steam community to hold down the spacebar and skip the cutscene for the solution but that didn't work for me either. I tried this and 5gb torrent version. nothing changed.
The torrent version and the direct download versions are the same WinRAR archive file. IGG, the administrator of this site, seeds the torrent for the file first and then later uploads the file to the mirrored, remote file hosters, so it's no surprise that you experienced the same outcome with each version on your machine.
Did you try to "apply" the crack into the installed game's folder? If not then in the mounted .iso file, try to look for a folder named "TENOKE", "crack", "fix" or if it exists, just a folder that is located separate from the game's installer, if an installer also exists (Sometimes a game may be already preinstalled before being packed into a WinRAR archive) and copy its contents (The game's cracked files) into the installed game's folder. Overwrite any files if prompted. After applying the crack into the installed game's folder, try to run the game again.
If after that, the problem still remains then try to update the graphics, DirectX, Visual C++ runtime and .Net drivers in your machine to their latest versions, reboot and then try to run the game again to see whether that fixes the problem.
https://www.youtube.com/watch?v=KcsV3j6QT24
Did you try to "apply" the crack into the installed game's folder? If not then in the mounted .iso file, try to look for a folder named "TENOKE", "crack", "fix" or if it exists, just a folder that is located separate from the game's installer, if an installer also exists (Sometimes a game may be already preinstalled before being packed into a WinRAR archive) and copy its contents (The game's cracked files) into the installed game's folder. Overwrite any files if prompted. After applying the crack into the installed game's folder, try to run the game again.
If after that, the problem still remains then try to update the graphics, DirectX, Visual C++ runtime and .Net drivers in your machine to their latest versions, reboot and then try to run the game again to see whether that fixes the problem.