ChainCatcher news, according to Cointelegraph, Rekt Brands Inc. (Rekt) is the parent company of the Rektguy NFT project Rekt Drinks and Rekt brand intellectual property, which has announced the completion of a $1.5 million seed round financing. This financing was entirely funded by angel investors and the community (with no venture capital firms involved).

According to reports, Rekt Brands Inc. is the parent company of the Rektguy NFT project Rekt Drinks and Rekt brand intellectual property. The brand originated from artist Ovie Faruq (OSF)'s Rektguy NFT series and has now expanded into consumer goods and community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and global community.