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Exciting news from Rekt Brands: their token, REKT, is launching this Friday at 5 AM ET. If you earned Drank Points by buying Rekt Drinks sparkling water or joining their rewards program, you can claim the token. This also includes holders of Rektguy NFTs.

The token will have a total supply of 420.69 trillion tokens and will launch on the Ethereum blockchain.

Here’s how it breaks down: 63.5% of the token supply is reserved for the community. 24.3% is set for the token generation event (TGE) and airdrop happening Friday. The remaining 39.2% will support future community initiatives to grow the Rekt Brands ecosystem.

Once launched, you can trade REKT as “REKTCOIN” on Gate.io in select areas. In other places, it will trade under the ticker REKT. This launch is a big step for Rekt Brands after their recent introduction of Rekt Drinks.

Co-founder Ovie Faruq shared his excitement: “I’m looking forward to onboarding thousands of normies into the Rekt ecosystem through Rekt Drinks. From our sales, 50% were fiat, and only 50% of people claimed DRANK points. This shows that many just wanted the drinks, but there’s a huge opportunity to bring them in.”

(Note: Ovie Faruq's Canary Labs invests in DASTAN, the parent company of Rug Radio and Decrypt.)

Earlier this month, Rekt Brands sold out its initial supply of 222,000 “Liquidated Lime” flavored Rekt Drinks in under 48 hours. They spun out from the Rektguy community, which is a profile picture NFT project that matches Ovie's artistic style. Rektguys were created and minted for free on the Ethereum blockchain back in May 2022.

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