Rekt Brands announced that its token, REKT, will launch on Friday at 5am ET. Those who earned Drank Points by purchasing Rekt Drinks brand sparkling water or through participation in the drink brand’s rewards campaign will be eligible to claim the token, along with Rektguy NFT holders.
The token, which had previously been hinted at via the Rekt Coin account on Twitter (aka X), will have a total supply of 420.69 trillion tokens and launch on the Ethereum blockchain.
A total of 63.5% of the token supply is set aside for the community, with 24.3% earmarked for the token generation event (TGE) and airdrop on Friday. The remaining 39.2% will be set aside for future community initiatives, aimed at growing the Rekt Brands ecosystem.
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Author: Logan Hitchcock