What are NFTs Staff
March 15, 2022Twitter Followers: 20K
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Could you give us a quick rundown of the project?
Your Name + Role – Kader, RadRugs NFT Collection Manager
Project Name – RadRugs
Project Website – https://radrugs.io/
Project Summary – We review NFT projects so both the investors and the project know their standing in terms of security/credibility.
We want our APP to be the first place to go for better research on the world of NFTs. It will allow you to make informed decisions about which projects to support and therefore increase your chances of being a successful investor.
Where can you buy – https://magiceden.io/marketplace/radrugs
Mint Price – 0.33 SOL
Mint Date – Jan 6th 2022
Mint Size – 5555
Current Floor + Date (if applicable) – 1.2 SOL / March 10th
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What originally brought you into the NFT space?
I have worked ~5 years in the mobile games industry and the Play2Earn concept was my initiation into the NFT world, specifically, this video of Axie Infinity: PLAY-TO-EARN | NFT Gaming in the Philippines | English
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What month and year did you get involved in NFTs?
November 2021, I have been in the crypto space since 2018.
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How did you come up with the idea for your NFT project?
I am not a co-founder. I discovered RadRugs after I got rugged in an ETH project. I bought some rug NFTs and once I understood the business model and how the revenue is independent from the NFT collection, I did my best to help and advice based on my experience. I own 2 successful e-commerce stores.
Short story: I was a holder that got hired full time to help make RadRugs an important actor in the NFT ecosystem.
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What makes your NFT project unique?
We all have experienced a rug, it sucks. The review protocol we have in place is preventing many rug pulls and also empowering legit projects to be known by the community, get guidance and have a successful minting experience.
The RadRugs DAO is incredibly organized with over 400 SOL worth in their networth and in the last 30 days have created value to our holders for more than 8000 SOL in Whitelists and alpha calls, which is insane.
The communication with the DAO is very transparent and straightforward and that’s great.
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How big is the team and what are their roles?
For a 2 months old company, our team is BIG. We are 22 members atm: we are 5 in the core team and have an army of reviewers. A review takes ~40 hours on average and we are reviewing more than 50 projects a week.
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Are there any mechanics or utility we should know about?
https://app.radrugs.io/ The APP provides value to everyone. With 1 RadRugs NFT you can access an inside view with social and community aspects and with 3 RR NFTs you can access the full review with all the details, analytics and insights.
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Where do you see NFTs in the next 3-5 years?
Cross-chain, providing value and being the #1 APP to #DYOR and make informed decisions. We are working daily on new ways to make rugs less viable and profitable.
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What would you tell a newbie before beginning to invest in the NFT market? What should they look for?
This question is key. Knowing how to do your own research is the core for investing properly. Join our community and use the RadRugs APP to make better informed decisions.
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Is there another NFT project you admire that we should reach out to next?
MetaHelix, LaunchLabs, SolRarity, The Sanctuary, Honey.
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Anything else you’d like the people to know about you?!
Get involved in your NFT community! Choose 1-2 projects were you will be really present, support the developers and be helpful. A project with members that actually work and contribute is more likely to be the next blue chip.