Recur Forever

RECUR Forever was a technology company specializing in creating on-chain branded experiences that enabled fans to buy, collect, and resell digital products and collectibles, particularly non-fungible tokens (NFTs). Founded in 2021 and headquartered in Miami, Florida, RECUR developed a chain-agnostic platform aimed at setting standards for decentralized recurring royalties, thereby broadening the distribution and utility of NFTs minted on their platform. The company secured $55 million in funding over two rounds, including a $50 million Series A raise in September 2021, which valued the company at $333 million. Despite these achievements, RECUR announced in August 2023 that it would cease operations due to unforeseen challenges and shifts in the business landscape, with all services concluding by November 16, 2023. During its operational period, RECUR collaborated with notable brands such as Paramount Pictures, Nickelodeon, and the emoji® brand to bring their intellectual properties into the Web3 space. The company also introduced RECUR Builder, a low-code, enterprise-grade SaaS platform designed to help businesses manage various aspects of Web3 at scale. RECUR's initiatives contributed to the broader adoption and integration of NFTs and blockchain technology within mainstream brands and enterprises.