Red names the dragon, not the supplied finish
A dragon can be a satisfying focus for a painting project because the creature is already chosen while the colour work remains yours. WizKids identifies Nolzur's Young Red Dragon, code 90035, as one monster figure, primed and ready to paint, with little to no assembly required. It belongs on the list for someone who wants that painting activity, rather than someone expecting a finished coloured dragon from the product name.
An example is an invitation, not the result in the box
WizKids' Young Red Dragon Paint Night page labels the RealmSmith scheme as an example. It connects this exact miniature to a paint-and-take activity, and the pilot information explicitly says paints and supplies are not included with the reserved miniatures. That historical event is useful context for what the object is meant to invite; it is not evidence of an available event near the reader today.
One sculpt can be enough
The one-count pack gives a contained project to a painter who already has suitable supplies or intends to choose them separately. There is no need to start by acquiring a whole encounter's worth of unfinished creatures. If the colour work is the part you are looking forward to, the primed state is a benefit. If it is a task you would rather avoid, a prepainted figure answers a different need more directly.
Sources & further reading
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