The NFTs prevalence over the years has caught the attention of many people worldwide. Though NFTs came into existence in 2012, the period 2021-2022 is considered the golden era for NFTs. Many new NFT marketplaces like CryptoPunks, CryptoKitties, and many others have come into existence. In Particular, they experienced high trade volumes contributing to the overall NFT market. The NFT sales skyrocketed in a very short period of time, influencing many entrepreneurs to venture into the NFT business