Shagun Singh’s New Project ‘RiDiDa’ Makes 100 Cr Valuation, Becomes The Next Big Thing In Web 3.0

How eagerly are people looking to invest in NFT Projects?
The reason is its high demand and commendable returns on investment. Non-fungible tokens have carved out the best in the domain of Web 3.0 and all the adhering services of it. Unique digital assets distributed on a blockchain, known as NFTs(Non-fungible Tokens), let their owners trade them at any moment. Any type of digital artwork, avatars from video games, other wearables, videos, digital signatures, music, virtual real estate, etc., can be represented by NFTs. Each NFT has a unique value based on its attributes, unlike fungible tokens like cryptocurrencies that owners can swap with one another. As a result, one cannot be replaced. But you must need a smart marketplace for that right?

RiDiDa, an NFT marketplace, introduces a brand-new class of digital assets known as a non-fungible token, or NFT. The singularity, verifiable scarcity, traceability, and adaptability to various applications are just a few of the fascinating new features of NFTs. Users can interact with them any way they like, just like they can with physical things. Users can discard them, mail them as gifts to friends abroad, or exchange them for goods on a public market. Unlike physical objects, they have all the programmability of digital items.

The core precept of RiDiDa is the notion that open protocols like Ethereum and interoperable standards will enable dynamic new economies. Technology is being developed as part of the project to enable producers to release new digital works, customers to freely exchange their goods, and developers to establish robust, integrated marketplaces or their digital terms. The market appears to be the next big thing for NFT projects in India, with a total evaluation of INR 100 crores. 

All the transactions at RiDiDa are monitored by well-kept contracts and are recorded in a public ledger called the Blockchain. RiDiDa offers a wide range of services such as Launchpad, Secondary Marketplace, NFT Validator, etc. $RiDi is the governance and utility token of RiDiDa.

“RiDiDa is a marketplace to buy, sell, auction, and create non-fungible tokens. We have investors and Web 3.0 enthusiasts who are earning profitable bucks from trading here. Our team ensures that there are no complications while trading, even for beginners,” Shagun Singh, the founder of NoMaiMai & Ridiculous Dragons (NFT Projects of India) said. $RiDi, governance and utility token of RiDiDa has a total supply of 30 million and was deployed on 30th December 2022.

RiDiDa is a multi-chain NFT marketplace that offers valuable and exclusive global NFT collections from a variety of industries. No one is surprised that NFTs have taken over the internet, which is one of the markets with the fastest growth rates in the world. Everyone is scrambling to join the NFT campaign, even companies like Tesla and Gucci, in order to steal their customers. One will become enamoured with crypto after taking a look at its sales. Additionally, these one-of-a-kind digital collectibles are quite expensive in the virtual marketing sector.

Given his years of expertise in a variety of fields, Shagun Singh is undoubtedly one of today's generational icons. Surprisingly, he is also the owner of a number of upcoming food franchises in Noida, including Simple Bazaar, Simple Burger, Biryani Ghar, and Mr. Kiyoshi. He is also a crypto expert and a digital entrepreneur. Additionally, NoMaiMai, Shagun, has developed a beverage line that is becoming increasingly successful. Not only this, but his earlier NFT project, "Ridiculous Dragons," also became successful. And now he has started what is regarded as the best in NFT Industry - a marketplace. With such dedication to his field of expertise, he is India's leading expert in NFT and crypto. He wants India to be classified among the best nations for purchasing, investing, and trading in NFTs.