Rektguy, an NFT project, has revealed that its co-founder, OSF, conducted an unexpected 'surprise snapshot' of NFT holders on October 26, 2023.

All individuals holding Rektguy NFTs at the time of the snapshot are eligible to receive partial equity in Rekt Brands Inc. once they complete the necessary KYC procedures.

The specific equity ratio remains undisclosed.

Beyond the equity deciding snapshot, trading Rektguy NFTs will not involve any transfer of equity.

Rekt Brands retains ownership and control over the Rektguy contract, the Rekt logo, Rekt IP, and all the goodwill associated with Rektguy's development.

However, the Rektguy NFTs themselves will remain under the CC0 license.

Rekt Brands has already ventured into its first project, Rekt Drinks, scheduled for launch this year.

What is Rektguy?

NFT investor and artist Ovie Faruq, known as OSF in the NFT space, co-created the Rektguy NFT collection alongside artist Alien Queen.

OSF is also a former Barclays trader.