Digital artwork can be sold for millions of dollars and licensing creations by several artists to authorize their work and get credit for it is seeing a massive northward surge. Inflation in the intensity of the blockchain-based digital collectibles or ‘Non-Fungible Tokens’ is on the rise. One such Indian NFT that has emerged as one of the most promising Non-Fungible Tokens for the investors is Ridiculous Dragons. It consists of a collection of 9999 Dragons that can be monetized and sold in Binance coins. It was launched on April 14, 2022, and since then they have created a buzz by recording a whopping more than 60 percent of its artistic creations in just a short span of 5 days. Ridiculous Dragons also intends to become India’s biggest project that introduces people to the fascinating world of NFTs and the Metaverse.
Ridiculous Dragons was successful in selling NFTs worth Rs 4 crores in a mere span of 5 days. With selling 6020 of the total 9999 unique NFTs (each priced at 0.24 BNB), in the first week of the launch, Ridiculous Dragons has positioned itself as a hotspot for people looking to fetch huge dividends against their hard-earned money. The platform aims to generate a revenue of 10 cr+ by the end of the year. For the benefit of their NFT holders, they will also include a free NFT course and community gatherings, and the current NFT holders will also get 20 percent off on the next collection.
Now that the Ridiculous Dragons have achieved the milestone of 60% of the sales of their total listings, they are all set to introduce a few new features like Play-to-earn game and a premium crypto trading group alongside regular giveaways to the supportive community members. With the introduction of Play-to-earn game feature for 100 percent exclusive NFT holders, they will be providing them the opportunity to earn $FIRE for playing. Additionally, through a premium crypto trading group in which there would be crypto experts with years of experience, they aim to help people with guidance and mentorship regarding crypto trading which also includes where and when to invest. The NFT holders will also benefit from the premium crypto trading group as they will get a plethora of benefits like premium trading calls and deep-researched market-related analysis.
When asked about his newly launched NFT project, the Founder and CEO, Shagun Singh stated, “My aim is to introduce India to the exciting world of Cryptocurrency, NFTs and Metaverse that are a part of the digital world. Ridiculous Dragons envisions empowering India to be the new pioneer of the crypto-verse. With new features and exciting initiatives, we’ll make sure that people investing in Ridiculous Dragons get their profits enlarged. Apart from this, we also aim to introduce a marketplace and make it a more fun and exciting world.”
The Ridiculous Dragons also plans to introduce a marketplace of their own soon where people can create, sell and buy their NFTs. For the same, they are also planning to collaborate with prominent brands and celebrities. With such exciting and revival features projected, the Ridiculous dragons are hell-bent to become the biggest NFT project and marketplace in India. While there’s still time in launching the exclusive perks and token, the platform has already proved to be a great NFT project for its holders. While many big companies are using NFTs to boost their image in the world of Crypto these days, Ridiculous Dragons is working towards building a rock-solid community and providing them ample opportunities to derive as many profits as possible.