Wilmington, Delaware, November 7, 2024, Chainwire

Rekt Brands Inc. (Rekt)the parent company behind the Rektguy NFT project, Drinks Rektand Rekt brand intellectual property, are excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community – without institutional venture capital – this achievement highlights the support Rekt has received from its loyal and growing network.

This funding announcement follows the debut of Drinks RektRekt’s first consumer product: a lime-flavored sparkling water, caffeine-free and alcohol-free, bearing the Rekt brand. Rekt Drinks debuted last week with 222,456 units available in 32 countries. The entire stock sold out in less than 48 hours, with demand in the United States alone resulting in a complete sellout in just 4 hours and 20 minutes. This launch represents one of the largest real-world product sales by a Web3 brand, reinforcing Rekt’s potential as a cultural force in digital and traditional markets.

Rekt was born from the success of Rektguy NFT collection, created by the artist Ovie Faruq (OSF) in May 2022. Since then, the Rektguy project has expanded into Rekt Brands, which oversees the Rekt IP and pioneered a unique industry model by offering equity from the parent company directly to its NFT holders , using a Reg CF exemption under SEC guidelines in the US

With this new funding, Rekt is poised to expand its product offering, build brand awareness inside and outside of Web3, while further connecting digital culture with physical consumer products. The Rekt community remains at the heart of the brand’s mission, with upcoming projects that will continue to empower, engage and reward its dedicated supporters.

About Rekt

Rekt Brands Inc. is the parent company that owns the Rektguy NFT project, Drinks Rektand the intellectual property of the Rekt brand. Created from the success of Rektguy NFT collection by artist Ovie Faruq (OSF)the brand has expanded into consumer goods and groundbreaking community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products and global viral community.

Contact

CEO
Ovie Faruq
Rekt Brands Inc.
[email protected]

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