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Saturday, April 20, 2024

Ridiculous Dragons carves a niche in NFT world post witnessing 4 crore sales in first week

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This is 2022 and one word that almost everyone would have heard by now is ‘NFTs’. It’s not merely a buzzword but has become something that most people are interested in.

NFTs, popularly referred to as Non-Fungible Tokens, has emerged as a sensation and is grabbing headlines on a daily basis for its record purchase and sales. People, across the globe as well as in India are going all crazy and are willing to try their luck in the realm of NFTs and this is a primary reason why more and more new NFT projects have started to come up. However, just like any other segment, the world of NFTs and Cryptocurrency is an ever-evolving segment with cut-throat competition and this is what makes things interesting and exciting.

Experts believe that only those projects that are built on strong fundamentals and are providing their NFTs holders with some new perks and features will be able to survive in the long run. One such recently-launched NFT project that is providing people with exciting perks and features is Ridiculous Dragons.

Launched on April 14th this year by Shagun Singh, a Delhi-NCR based budding entrepreneur along with his partner Pulkit Agarwal, Ridiculous Dragons have delivered the unprecedented. Within the first week of their project launch, they have been successful in selling out 6020 of the total 9999 exclusive Dragon NFTs (each priced at 0.24 BNB).

With successfully recording 4.5 cr sales in a span of 5 days, they have become a talk of the town among crypto enthusiasts. Ridiculous Dragons is empowering people and making them get connected to the immense potential that the world of these Non-Fungible Tokens have.

Ridiculous Dragons is a project that aims to create a disruption in the segment and is here to stay and for the same, they are taking care of their exclusive NFT holders in every possible way. Launched with an aim to create a rock-solid community, Ridiculous Dragons has announced a series of exciting perks and features to make people connect to their project. These include features like ‘Play-to-earn game’, ‘fire staking’, and a ‘premium crypto trading group’. Under the Play-to-earn game, exclusive Dragon Holders will get the opportunity to play and earn $Fire, making things both- exciting and monetarily beneficial.

Premium crypto trading group is another feature which, as of now, no NFT project has launched. Through this, people will be able to get market-related analysis and studies done by crypto experts, which will be a boon to the dragon holders.

Apart from this, they will also be getting premium trade related calls that can help them by guiding them where, when and how much to invest in order to fetch maximum profits against their investment. Under the unique feature of Fire Staking, the team at Ridiculous Dragons will be launching an exclusive token on Binance Smart Chain.

Commenting on the idea and motivation behind launching Ridiculous Dragons, Founder and CEO Shagun Singh stated, “Well, I have been into the realm of NFTs and Cryptocurrency since 2013 and I started doing crypto business since June 2021 and as of now I have been able to do sales of INR 7 crore.

During this time, I witnessed that people in India do not have in-depth knowledge of crypto trading and with this initiative I am trying to bridge the gap. One of my aims to launch this project is also to provide people with a platform where they can earn huge profits against their investments and for the same, we are providing people with unique opportunities and perks so that they can join us in our initiative.”

Now, that they have crossed the threshold of 60% sales, they have outlined a futuristic roadmap for their expansion and growth. More and more people are actively investing in the project and recently Riyan Paragg, a notable cricketer also invested in the project. Ridiculous Dragons will be giving away $500 to 10 lucky NFTs holders in addition to reserving legendary Dragons for auction and marketing purposes.

They have also announced the decision to launch their exclusive line of merchandise in collaboration with one of the renowned designers once they achieve the milestone of 100% sales. Not only this, they also plan to float their marketplace which would allow people to create, sell and purchase their NFTs in the near future. With effectively and efficiently taking care of its stakeholders, Ridiculous Dragons has emerged as one of the best NFT projects in India.

(ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.) 

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