Ridiculous Dragons, an NFT project by Shagun Singh registers sales worth 8 crores in a month

NFTs or Non-Fungible Tokens are new unique new trends that have created a great advancement in the digital world. This technology has exploded in the markets in the last couple of months; more than anything else, and the business has been growing rapidly. The world has rapidly become inclined towards the fascinating world of NFTs and India is no exception. Founder Shagun Singh seized this opportunity and created the project “Ridiculous Dragons”, a collection of 9999 Dragons (Digital collectibles) that can be stamped and sold on their online platform.
NFTs are technically based on anything virtual, including drawings, records, GIFs, songs and video games. It can either be a precious piece of art or a copy of many like a trading card, but the embedded blockchain keeps track of the original owner. NFTs have made headlines constantly; some sell for millions of dollars, followed by being put up for auction because it’s an easy way to own digital art. Ridiculous Dragons is a project that has generated sales of eight crores by selling the NFTs (Dragons) in a short period of time. It emerged as one of the most exemplary projects in India, which comes with fresh ideas besides providing a plethora of benefits and features for the holders. They have reached the top by selling all 9999 Dragons (NFT) generated on Binance Smart Chain. Founder and CEO Shagun Singh, who has worked consistently in the cryptocurrency market since 2013 and owns deep learning related to the domain, has significantly contributed to the success of his ambitious project.
Visionary entrepreneur Shagun Singh’s Ridiculous Dragons has become the focus of the growing digital collectibles economy in India. The platform is proving to be a great success and promises a long-term digital transformation. “We believe that NFTs are highly valued in the virtual world, especially as they expand worldwide. Having covered all the project’s landmarks, Ridiculous Dragons will soon launch its own marketplace that will trade NFTs by the minute. With this we also plan to unveil our digital currency (coins or tokens),” said the CEO.
NFTs serve the purpose of maintaining the authenticity of the art and preserving its ownership. Therefore, the idea behind a private trading platform will allow art developers to present their prototypes and trade NFTs on it, strengthening the community in one place. Ridiculous Dragons is a unique platform that grasped this concept immediately and is now bringing it to the masses in India. The platform aims to generate a revenue of 20 cr+ by the end of this year. One of the reasons why Ridiculous Dragons has received such a massive positive response from the people is because the platform provides a number of benefits that also include community gatherings. Not only this, but NFT/Dragon holders will also enjoy stake rewards by holding their NFTs and will also receive an exclusive 20 percent discount on Ridiculous Dragons’ upcoming new NFT collection. The project already has funding and offers from sponsors and reputed firms worth millions of Rupees.
A budding entrepreneur in his early 20s, Shagun Singh is all set to take Ridiculous Dragons to new heights of success and not only this, he is leaving no stones unturned to make a name for himself and for the same works Shagun with multiple projects. With a goal of establishing himself as a force to be reckoned with, he is working on five new projects in different verticals. These projects include Simple Bazaar (24*7 operational premium grocery stores), Simple Burger (quick service restaurant chain serving Burgers & Shakes), Mr Kiyoshi (Indo-Asian cuisine), Simplyy (Health monitoring and tracking app) and one clothing brand. With such dedication and passion to create successful business across a multitude of segments, Shagun Singh has indeed positioned himself as the next big thing in the market.
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