PANews reported on November 8 that according to Cointelegraph, Rekt Brands Inc. (Rekt), the parent company of Rektguy’s NFT project Rekt Drinks and Rekt brand intellectual property, announced the completion of a $1.5 million seed round of financing. The financing was entirely funded by angel investors and the community (without the participation of venture capital institutions).
According to reports, Rekt Brands Inc. is the parent company that owns the intellectual property rights of the Rektguy NFT project Rekt Drinks and the Rekt brand. The brand originated from the Rektguy NFT series of artist Ovie Faruq (OSF) and has now expanded to consumer products and community equity models. Rekt aims to redefine brand ownership and participation through its Web3 foundation, innovative products and global community.
