Collins Dictionary announce NFT as word of 2021 By Cointelegraph

by Msnbctv news staff

The Collins Dictionary has formally introduced their ten-word annual shortlist for phrase of 2021, in addition to declaring that NFT — although technically understood to be an abbreviation for nonfungible token — is their phrase of the 12 months, surpassing the likes of crypto, metaverse and hybrid working, amongst others.

The weblog put up spoke frankly in regards to the prospect of a digital revolution via a “convergence of cash and the web,” which seeks to problem and evolve conventional mediums of cost into the twenty first century.