Non-fungible tokens are digital assets that are traded on an NFT marketplace. There are numerous NFTs being added to the NFT list in the crypto market. NFTs like CryptoPunks, CryptoKitties, and Bored Ape Yacht Club are making incredible headlines on the internet. Right now, everyone wants to own a smart contract-generated NFT like Bored Ape Yacht Club. A smart contract-based NFT is a digital asset where its features and characteristics are generated from smart contracts. Therefore, providing complete rarity and uniqueness to the digital asset ultimately. Thus, it is now a popular business model to use Bored Ape Yacht Club like NFT development and explore the profitable factors of this domain at a high level. This business model can be brought into reality with the help of an NFT development company. This way, the business platform will be flourished with a wide range of benefits and exceptional features that are going to be highly beneficial to the platform at a higher margin in the digital space.