Global non-fungible token (NFT) market is highly fragmented and numerous vendors are competing with each other by using growth strategies such as partnerships, mergers, and acquisitions to strengthen their market position. For instance, in March 2022, LimeWire announced a partnership with Algorand, a blockchain cryptocurrency platform based on proof-of-stake. The former company will employ Algorand as the foundation of its NFT marketplace as a result of this collaboration. Non-Fungible Token Market participants are also working to improve their product offerings in order to better adapt to changing user wants and remain competitive. As a result, they have started spending heavily on R&D activities to integrate new technology into NFTs. Furthermore, firms are cooperating with institutions all over the world to assist technical development, academic research, and innovation in blockchain technology, adding fuel to the global non-fungible token (NFT) market. 'OpenSea (US)', 'Axie Infinity', 'NBA Top Shot', 'Binance NFT', 'CryptoPunks', 'SuperRare', 'Rarible', 'The Sandbox', 'Art Blocks', 'Decentraland', 'Nifty Gateway', 'Sorare', 'Terra Virtua', 'Foundation', 'Async Art', 'WAX', 'Gala Games', 'Mythical Games', 'Animoca Brands', 'Enjin'