NFT became increasingly popular in the crypto industry through its unique properties that cannot be changed. The trend of NFTs started in the year of 2017 and the market witnessed a huge spike in the year of 2021. Eventually, with the uptrend, NFTs have become a unique and strong investment class. This created the demand for NFT exchange development. The NFT exchanges are a platform that facilitates the exchange of NFTs. This platform provided various monetization streams which kindled the investors, NFT aspirants, and cryptopreneurs to launch their own NFT exchange platform.