The NFT market is valued at $7 billion but experts believe it is heading to a trillion-dollar valuation. Celebrity collectors continue to acquire blue-chip collections like the Bored Ape Yacht Club, CryptoPunks, Cool Cats, Pudgy Penguins, etc. NFTs have become an anthem being chorused across media platforms, especially Twitter. The term ‘NFT’ even made its way to Collins Dictionary as the word of the year 2021. Cosmos is the internet of blockchains, fielding several interoperable and independent blockchains which can communicate with each other.