Rekt Brands Secures $1.5 Million Seed Funding to Expand Web3 Innovations

Rekt Brands Secures Seed Funding

Rekt Brands Inc., the company behind the Rektguy NFT project and Rekt Drinks, has successfully completed a $1.5 million seed funding round. This achievement was supported exclusively by angel investors and the community, avoiding institutional venture capital. This funding underscores the strong backing from Rekt's loyal network.

Successful Launch of Rekt Drinks

Following the funding announcement, Rekt launched its first consumer product, Rekt Drinks. The lime-flavored sparkling water, which contains no caffeine or alcohol, was released with 222,456 units available across 32 countries. Impressively, the entire stock sold out in under 48 hours, with the U.S. market experiencing a complete sell-out in just over four hours. This launch marks one of the largest product sales by a Web3 brand, highlighting Rekt's growing influence in both digital and traditional markets.

Origins and Expansion of Rekt

Rekt was founded following the success of the Rektguy NFT collection by artist Ovie Faruq (OSF) in May 2022. The brand has since expanded into Rekt Brands, managing its intellectual property and pioneering a unique industry model. This includes offering equity in the parent company directly to NFT holders, utilizing a Reg CF exemption under U.S. SEC guidelines.

Future Prospects and Community Engagement

With the new funding, Rekt is set to expand its product lineup and enhance brand awareness both within and outside the Web3 space. The brand's mission is to bridge digital culture with physical consumer products, maintaining its community at the core. Upcoming projects aim to empower, engage, and reward Rekt's dedicated supporters.

About Rekt Brands Inc.

Rekt Brands Inc. encompasses the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property. Established through the success of the Rektguy NFT collection, Rekt aims to redefine brand ownership and engagement through its Web3 foundation and innovative products. The brand is supported by a vibrant global community.