Wilmington, Delaware, November 7, 2024, Chainwire
Rekt Manufacturers Inc. (Rekt), the mother or father firm behind the Rektguy NFT mission, Rekt Drinks and the mental property of the Rekt model, is happy to announce the completion of a $1.5 million seed funding spherical. Funded totally by angel buyers and the group – with out institutional enterprise capital – this success highlights the help Rekt has acquired from its loyal and rising community.
This funding announcement follows the debut of Rekt Drinks, Rekt's first shopper product: a Rekt-branded zero-caffeine, zero-alcohol, lime-flavored glowing water. Rekt Drinks debuted final week with 222,456 models out there in 32 nations. All the warehouse bought out in lower than 48 hours, with US-only demand main to an entire sell-out in simply 4 hours and 20 minutes. The launch represents one of many largest real-world gross sales of Web3-branded merchandise, reinforcing Rektu's potential as a cultural pressure in each digital and conventional markets.
Rekt was based primarily based on the success of the Rektguy NFT assortment created by artist Ovie Faruq (OSF) in Could 2022. The Rektguy mission has since expanded to Rekt Manufacturers, which oversees the Rekt IP and pioneered a novel trade mannequin by providing fairness within the mother or father firm on to its NFT holders utilizing the Reg CF exemption beneath US SEC pointers
“Rekt has had a die-hard, cult following over the previous 2 years and our ambition is to meet its potential as one of many largest Web3 manufacturers,” mentioned OSF. “With our drinks promoting out final week, that's 222,456 instances somebody takes a can with the Rekt and Rektguy brand. It's a a lot greater worth for us when it comes to model consciousness.”
With this new funding, Rekt is poised to broaden its product line, strengthen model consciousness inside Web3 and past, whereas additional connecting digital tradition with bodily shopper merchandise. The Rekt group stays on the core of the model's mission with upcoming tasks that may proceed to empower, have interaction and reward its devoted supporters.
About Rect
Rekt Manufacturers Inc. is the mother or father firm that owns the Rektguy NFT mission, Rekt Drinks and the mental property of the Rekt model. Based mostly on the success of the Rektguy NFT assortment by artist Ovie Faruq (OSF), the model has expanded into shopper items and disruptive group capital 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
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