Collins Dictionary names ‘NFT’ as the Word of the Year 2021

Collins Dictionary has named the term ‘NFT’ as the Word of the Year 2021. NFT is the acronym for “non-fungible token. As per Collins Dictionary, NFT is defined as “a unique digital certificate, registered in a blockchain, that is used to record the ownership of an asset such as an artwork or a collectible.” Collins English Dictionary is published by HarperCollins in Glasgow.

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