Wilmington, Delaware, November 7, 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 worked up to announce the completion of a $1.5 million seed funding spherical. {dollars}. Funded completely by angel traders and the neighborhood – with out institutional enterprise capital – this achievement highlights the help Rekt has acquired from its loyal and rising community.
This funding announcement follows the launch of Rekt Drinks, Rekt's first client product: a lime-flavored, caffeine-free and alcohol-free glowing water branded as Rekt. Rekt Drinks debuted final week with 222,456 items obtainable in 32 nations. The whole inventory offered out in lower than 48 hours, with demand in the US alone leading to an entire sellout in 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 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 to Rekt Manufacturers, which oversees the Rekt IP and has pioneered a singular industrial mannequin by offering fairness capital. within the mother or father firm on to its NFT holders, utilizing a Reg CF exemption in accordance with SEC tips in the US
“Rekt has had a die-hard, cult following over the previous 2 years, and our ambition is to understand its potential as one of many largest Web3 manufacturers,” OSF mentioned. “With our drinks promoting out final week, that's 222,456 instances somebody will purchase a can with the Rekt brand and a Rektguy on it. It's a a lot larger magnitude for us when it comes to model consciousness.
With this new funding, Rekt is poised to increase its product providing, construct model consciousness inside and out of doors of Web3, whereas additional connecting digital tradition with bodily client merchandise. The Rekt neighborhood stays on the coronary heart of the model's mission, with upcoming initiatives that may proceed to empower, interact 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. Created from the success of artist Ovie Faruq's (OSF) Rektguy NFT assortment, the model has expanded into client items and groundbreaking neighborhood fairness fashions. Rekt goals to redefine model possession and engagement by its Web3 basis, modern merchandise and international viral neighborhood.
ContactCEOOvie FaruqRekt Manufacturers Inc.ovie@rektdrinks.com
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