Our world has evolved primarily in the field of technology and most of the efforts are gravitated towards digitizing every element. The current boom is majorly for digital assets, including images, GIFs, songs, or videos. Most importantly, NFTs make digital artworks unique and therefore sellable. Now, artists, musicians, influencers, and sports franchises are using NFTs to monetize digital goods that have previously been inexpensive or free of charge. The technology also responds to the art world’s need for authentication and provenance in an increasingly digital world, permanently linking a digital file to its creator.