Page 46 - Collins Dictionary News Today

The Collins Dictionary declared "NFT" its word of the year for 2021 in recognition of the convergence of the worlds of money, tech and art in what became known as "non-fungible tokens".

Collins Dictionary has chosen the term NFT as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream. NFT is short for non-fungible token. Collins defines it as “a unique digital certificate, registered in a blockchain, that is used to record…

NFT announced as the Collins Dictionary word of the year for 2021

Collins Dictionary announced Wednesday that “NFT” has been chosen as its Word of the Year in consideration of the fact that NFT’s usage has increased 11,000 percent in 2021, while digital assets like cryptocurrencies keep on gaining mainstream acceptance.

Who would have guessed a year ago that NFTs would create one of the most overhyped phenomena the art world has ever experienced.

NFT, the abbreviation for `non-fungible token, is awarded Word of the Year 2021 by Collins Dictionary after experts saw a more than 11,000 percent rise in usage of the abbreviation in 2021.

In the annual list from Collins Dictionary, the top ten words of the year have been named, which include NFT and pingdemic

In the annual list from Collins Dictionary, the top ten words of the year have been named, which include NFT and pingdemic

In the annual list from Collins Dictionary, the top ten words of the year have been named, which include NFT and pingdemic

In the annual list from Collins Dictionary, the top ten words of the year have been named, which include NFT and pingdemic