Rekt Raises $1.5M Seed Round Backed by Angels and Community, Following Sell-Out Success of Rekt Drinks

As a researcher with a keen eye for emerging trends and a knack for spotting potential in the digital realm, I can’t help but be impressed by Rekt Brands Inc.’s meteoric rise. Having spent years studying the intersection of digital culture and physical consumer products, it’s clear that Rekt is onto something big.


Wilmington, Delaware, November 7th, 2024, Chainwire

Rekt Brands Inc., the company behind the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, is thrilled to share that it has successfully concluded a $1.5 million seed funding round. This round was funded solely by angel investors and the community, without involvement from institutional venture capital. This milestone underscores the strong backing Rekt has received from its dedicated and expanding network of supporters.

After the introduction of Rekt Drinks, Rekt’s first consumer item – a non-caffeine, alcohol-free lime-flavored sparkling water bearing the Rekt logo – this recent funding announcement takes place. Last week, 222,456 units of Rekt Drinks were launched in 32 countries. The stock was completely depleted within 48 hours, with demand in the U.S. leading to a sell-out in just 4 hours and 20 minutes. This launch stands as one of the largest real-world product sales by a Web3 brand, demonstrating Rekt’s potential influence in both digital and conventional markets.

As Rekt has been backed by an intensely dedicated, almost iconic community over the last two years, our objective is to capitalize on its immense potential as a leading Web3 brand,” stated OSF. “The sell-out of our beverages last week signifies that 222,456 people will now recognize and carry a can bearing the Rekt logo and Rektguy image. For us, this significantly amplifies our brand visibility.

With the recent financial boost, Rekt is ready to broaden its product offerings, enhance its presence in Web3 as well as beyond, and deepen connections between digital and physical consumer goods. The Rekt community lies at the core of the brand’s purpose, with upcoming initiatives that will persistently empower, engage, and recognize their loyal advocates.

About Rekt 

Rekt Brands Incorporated serves as the umbrella company for Rektguy NFT, Rekt Drinks, and the intellectual property of the Rekt brand. This corporation was founded based on the thriving success of the Rektguy NFT series by artist Ovie Faruq (OSF). Since then, it has broadened its horizons to consumer goods and pioneering community equity systems. The mission of Rekt is to revolutionize brand ownership and interaction through their Web3 framework, inventive products, and a vibrant, far-reaching global community.

Contact

CEO
Ovie Faruq
Rekt Brands Inc.
ovie@rektdrinks.com

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2024-11-07 22:29