Rekt Brands has successfully raised $1.5 million in its seed funding round, with the full amount secured from its community and angel investors.
This funding round was backed by notable individuals in the web3 and NFT space, including Pudgy Penguins CEO Luca Netz, Azuki Founder Zagabond and Seedphrase among others.
This milestone follows a series of recent successes, including the recent launch of Rekt Drinks, which sold 222,000 cans worldwide within 48 hours.
Source: Rekt BrandsWhat is Rekt Brands?
Rekt Brands is a multi-industry company that operates in the beverage, NFT, and radio service industries.
The brand originated from the Rektguy NFT project, a meme-based NFT collection that helped establish a strong and loyal community of supporters. This community-driven foundation remains central to the company’s business model as it continues to diversify its portfolio, moving into new markets like beverages with its Rekt Drinks venture.
The company has successfully leveraged its web3 roots to create unique opportunities for community engagement, such as its DRANK points reward program.
Source: Rekt BrandsWhat’s next for Rekt Brands?
With the $1.5 million raised, Rekt Brands is poised to expand its operations and further develop its ecosystem.
There has been growing speculation around a potential airdrop, which has sparked excitement among community members. Whilst details remain scarce, this upcoming initiative is expected to play a central role in Rekt Brands’ web3 strategy.
The brand plans to continue scaling its beverage business whilst integrating more web3 features, with its DRANK points reward system expected to evolve further.
