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Wilmington, Delaware, November seventh, 2024, Chainwire
Rekt Manufacturers Inc. (Rekt), the mother or father firm behind the Rektguy NFT mission, Rekt Drinks, and the Rekt model mental property, is happy to announce the completion of a $1.5 million seed funding spherical. Funded completely by angel traders and the group—with out institutional enterprise capital—this achievement highlights the assist Rekt acquired from its loyal and rising community.
This funding announcement follows the debut of Rekt Drinks, Rekt’s first client product: a lime-flavored glowing water with zero caffeine and 0 alcohol, that includes the Rekt branding. Rekt Drinks made its debut final week with 222,456 models accessible throughout 32 nations. All the inventory bought out in beneath 48 hours, with demand within the U.S. alone leading to an entire sell-out inside simply 4 hours and 20 minutes. This launch represents one of many largest real-world product gross sales by a Web3 model, reinforcing Rekt’s potential as a cultural pressure in each digital and conventional markets.
Rekt was based from the success of the Rektguy NFT assortment, created by artist Ovie Faruq (OSF) in Could 2022. Since then, the Rektguy mission has expanded into Rekt Manufacturers, which oversees the Rekt IP and pioneered a singular business mannequin by providing fairness within the mother or father firm on to its NFT holders, using a Reg CF exemption beneath SEC pointers within the U.S.
“Rekt has had a die-hard, cult-like group for the previous 2 years, and our ambition is to satisfy its potential as one of many largest Web3 manufacturers,” mentioned OSF. “With the sell-out of our drinks final week, that’s 222,456 occasions somebody goes to choose up a can with the Rekt emblem and a Rektguy on it. It’s a magnitude increased for us by way of model consciousness.”
With this new funding, Rekt is poised to develop its product lineup, strengthen its model consciousness in and out of doors of Web3, whereas additional bridging digital tradition with bodily client merchandise. The Rekt group stays on the coronary heart of the model’s mission, with upcoming tasks that can proceed to empower, have interaction, and reward its devoted supporters.
About Rekt
Rekt Manufacturers Inc. is the mother or father firm that owns the Rektguy NFT mission, Rekt Drinks, and the Rekt model mental property. Established from the success of the Rektguy NFT assortment by artist Ovie Faruq (OSF), the model has expanded into client items and groundbreaking group fairness fashions. Rekt goals to redefine model possession and engagement by its Web3 basis, progressive merchandise, and viral international group.
ContactCEOOvie FaruqRekt Manufacturers Inc.ovie@rektdrinks.com
This text was initially revealed on Chainwire