The term NFTs no longer needs any introduction. Along with their popularity, their trading volume has increased dramatically. More than ever, entrepreneurs globally want to test the waters because of NFTs’ popularity and profitability. Thousands of NFT-related initiatives developed using NFT development service go live every day. But the real query is whether they all achieve success in this extremely competitive market. NFTs are still in their infancy, and not all digital entrepreneurs are well-informed about this sector. Yet, they all wish to try their luck with NFT development. Due to the dearth of in-depth knowledge, an NFT launchpad emerges as a savior for them. It acts as an efficient means for cryptopreneurs to enter the NFT market and for investors to place bids on appropriate projects.