Non-fungible tokens (NFTs) have been all the rage during the last two years, despite their recent decline in sales. In fact, the sudden decline in NFT activity and NFT prices amid the general bearishness can be regarded as a good opportunity to get exposure to this unique asset class.
As rap star Snoop Dog put it in a recent interview with CNBC, every great industry has a downfall. He stated:
"This [crypto winter] weeded out all the people who weren't supposed to be in the space and who were abusing the opportunities that were there. Now it's going to bring on great business, and moving forward, when the market comes back, there will only be great things to pick and choose from."
One of the great NFT businesses out there right now that is making the first steps is Legendary Racers, which represents a collection of 10,000 unique realistic NFTs hosted on Ethereum, the most popular pick for DeFi (decentralized finance) and NFT assets.
The collection has a special theme dedicated to racecars and racers, giving sports car enthusiasts the opportunity to hold unique collectibles representing their favorite activity. Indeed, anyone can jump in and become part of this fascinating ecosystem.
The NFTs will combine more than 270 traits made up of a unique mix of underlying 'DNAs'. And this collection is only the first step toward a broader ecosystem that will evolve gradually over time alongside the community.
Legendary Racers Goal is a Metaverse
The Legendary Racers collection is only the start of a long and adventurous journey toward the realization of a metaverse ecosystem.
The team behind the project is passionate about racecars, and has been working diligently to build a community in the Web3 space, with members sharing the same enthusiasm for the sport.
The growing community built around the Legendary Racers collection will play a key role in the upcoming metaverse. In fact, NFT holders are more than a community - they can also feel part of a family, receiving special attention from the Legendary Racers team. Token holders will be able to have a say in the evolution of the project and contribute to its progress.
After the minting of the Legendary Racers NFTs, the team plans to buy land in Decentraland and Sandbox in order to build its very own VIP CLUB. This is where the community will be able to organize its meetings, festivals, and activities. On top of that, the ecosystem will continue to add even more features as the project grows.
The Legendary Racers project is the brainchild of Shaun ABDI, a guy who considers himself a fan of racecars. This is a great example of how the younger generation can build great NFT projects and contribute to the metaverse and Web3 space.
ABDI and his team have been tuning and designing racecars to really make them stand out from the others. He decided to create the Legendary Racers collection because he loves to be different - both in the physical and digital world alike. ABDI has big expectations of his project. He stated:
"I have been always pushing myself to be at my greatest. I will continue my journey as an entrepreneur through this new project with the support of the amazing family we are building. I have big plans for our projects and I am so thankful for the overwhelming support we have gotten so far! I am excited for what the future holds and how we will change the world together."
The Legendary Race collection will be available on OpenSea, the largest NFT marketplace in the world. After the NFTs go live, holders should be ready for a lot of surprises such as luxury cars and events, holder's only special access, merch, events, discounts, physical products exclusive prizes, coaching sessions and racing game tournaments.
