RECUR Announces $5M Seed Raise From Industry Innovators, the Largest in NFT History, To Build Branded NFT Fan Experiences

RECUR Utilizes First-of-its-Kind Technology Allowing NFT Owners to Earn Recurring Royalties on Their Digital Assets Across the Crypto Eco-System

Detroit, MI; March 25, 2021 — RECUR, the new technology company that designs and develops on-chain branded experiences allowing fans to buy, collect, and re-sell digital products and collectibles (NFTs), announces its raise of $5M, the largest seed-raise to date in NFT history. It will build branded NFT Fan Experiences for global brands and the first is set to launch in Summer 2021.

Recur is fundamentally changing the NFT market by creating and setting the standard for a decentralized recurring royalty. Though assets will default to Ethereum, RECUR will ultimately be chain agnostic creating the widest distribution and reach for NFTs minted on their platform. RECUR believes that NFTs will act as a gateway for the everyday consumer to enter the crypto space, making its opportunity for growth exponential for its partnered brands.

Our Investors

Who is Recur?

RECUR was founded by Co-CEO Zach Bruch, crypto industry veteran, and Co-CEO Trevor George, digital licensing industry pioneer. The core team includes some of the top minds across the crypto and licensing spaces: President Stephen Teglas, former SVP of Licensing at Disney, & SVP/GM of Warner Bros Consumer Products; Head of Engagement Advisor Chris Heatherly, former EVP of Games for NBC Universal & SVP of Games for Disney; and CTO James Seibel, former Director of Engineering at Poloniex, among others.

On the significance of NFTs and RECUR’s industry standardization Bruch notes,

Bruch has worked and held leadership positions at some of the most established firms in the crypto industry such as Kraken, Cumberland/DRW, and JST Capital and is the founder of Manna, a proprietary trading and investment firm. George owns Trevco, a top 150 global licensee, and Blue Wheel, one of Inc. 5000s Fastest Growing Companies.

We are Recur.

Media Contact

Lauren Bishop Jennings
ALISON BROD MARKETING & COMMUNICATIONS
Recur@abmc-us.com

Max Bruch
Chief of Staff, Recur
+1 (862) 263 0660
Media@recurforever.com

We design & develop on-chain branded experiences for fans to buy, collect, and re-sell NFTs. Our first project is coming Fall 2021.