NFTs are productive assets that are unique and non-interchangeable. Creators like artists and musicians could showcase their digital works and put forth their NFTs on popular NFT marketplaces for monetization. The NFTs are to be created on any blockchains like Ethereum, Solana, Polygon, TRON, Tezos, Binance Smart Chain, etc. Most commonly, NFTs are of Ethereum standards, which could be ERC-721, ERC-998, and ERC-1155. The common NFT standard on TRON is TRC-721. When it comes to NFT development, the token standards play a vital role which will actually define how the NFT transfer happens. These are pre-coded and set of principles that are responsible for it.