Rekt Token Enters Scene with Fixed Total Supply

Rekt (REKT) is a meme and brand token tied to the Rektguy NFT project and the Rekt Brands ecosystem. The latter encompasses digital art, culture, media, and physical products such as Rekt Drinks. Launched in May 2022, the Rektguy NFT project introduced the REKT token on November 22, 2024.

The project is associated with Rekt Brands Inc., rather than a single named founder. The REKT token is an ERC-20 token on Ethereum, with bridged or parallel deployments on Base. It uses Ethereum's proof-of-stake consensus and does not run any custom consensus mechanism.

REKT has various use cases within the ecosystem, including community rewards, product access gating, entry to drops, events, and social participation. However, it is not used for staking, fees, or on-chain governance. The token's fixed total supply stands at 420,690,000,000,000 tokens, all minted at launch with no further minting planned.