Rekt Raises $1.5M Seed Round Backed by Angels and Community
Rekt Brands Inc. (Rekt), the parent company behind the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, is excited to announce the completion of a $1.
Rekt Brands Inc. (Rekt), the parent company behind theRektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, isexcited to announce the completion of a $1.5 million seed funding round. Fundedexclusively by angel investors and the community—without institutional venturecapital—this achievement highlights the support Rekt received from its loyaland growing network.
This funding announcement follows the debut of Rekt Drinks,Rekt’s first consumer product: a lime-flavored sparkling water with zerocaffeine and zero alcohol, featuring the Rekt branding. Rekt Drinks made itsdebut last week with 222,456 units available across 32 countries. The entirestock sold out in under 48 hours, with demand in the U.S. alone resulting in acomplete sell-out within just 4 hours and 20 minutes. This launch representsone of the largest real-world product sales by a Web3 brand, reinforcing Rekt’spotential as a cultural force in both digital and traditional markets.
Rekt was founded from the success of the Rektguy NFTcollection, created by artist Ovie Faruq (OSF) in May 2022. Since then, theRektguy project has expanded into Rekt Brands, which oversees the Rekt IP andpioneered a unique industry model by offering equity in the parent companydirectly to its NFT holders, utilizing a Reg CF exemption under SEC guidelinesin the U.S.
“Rekt has had a die-hard, cult-like community for the past 2years, and our ambition is to fulfill its potential as one of the largest Web3brands,” said OSF. “With the sell-out of our drinks last week, that’s 222,456times someone is going to pick up a can with the Rekt logo and a Rektguy on it.It’s a magnitude higher for us in terms of brand awareness.”
With this new funding, Rekt is poised to expand its productlineup, strengthen its brand awareness in and outside of Web3, while furtherbridging digital culture with physical consumer products. The Rekt communityremains at the heart of the brand’s mission, with upcoming projects that willcontinue to empower, engage, and reward its dedicated supporters.
About Rekt
Rekt Brands Inc. (https://x.com/rektbrands) is the parentcompany that owns the Rektguy NFT project, Rekt Drinks, and the Rekt brandintellectual property. Established from the success of the Rektguy NFTcollection by artist Ovie Faruq (OSF), the brand has expanded into consumergoods and groundbreaking community equity models. Rekt aims to redefine brandownership and engagement through its Web3 foundation, innovative products, andviral global community.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.