TechFlow News, November 8 — According to Cointelegraph, Rekt Brands Inc. ("Rekt") announced it has secured $1.5 million in seed funding. The round was exclusively backed by angel investors and community members, with no institutional venture capital involvement. Rekt is the parent company of the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property.
Rekt originated from the Rektguy NFT collection launched in May 2022. The project later evolved into Rekt Brands, which now manages the Rekt IP. The company has also pioneered a unique industry model by offering equity in the parent company directly to its NFT holders under the U.S. Securities and Exchange Commission (SEC) Regulation Crowdfunding (Reg CF) exemption.
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