Collins, one of the world’s leading dictionaries, chose “NFT” as the word of the year this year!
Considered the word of the year by the Collins Dictionary, NFT has surpassed the words “crypto” and “cheugy” and is defined as “a unique digital certificate registered on a Blockchain, used to record ownership of an asset, such as an artwork or collection.”
BREAKING NEWS The Collins Word of the Year is… NFT.
Find out more about #CollinsWOTY 2021 and see the full list here: https://t.co/gmsnCqA0yv#wordoftheyear #CollinsDictionary #NFT pic.twitter.com/XPhUM7oIoZ
— Collins Dictionary (@CollinsDict) November 24, 2021
Collins; He opted for NFT to appreciate technology that integrates the worlds of money, technology, and art.
On the other hand, the abbreviation for cryptocurrency and Blockchain technology in general was also shortlisted.
Another word on Collins’ shortlist was metaverse. In the short list in question, the word pairs “double vaccination” and “hybrid work”, which bear the traces of the pandemic that has left its mark on our lives recently, were also included.
The famous dictionary, which chooses the most popular among thousands of words every year, takes the pulse of the world with this movement.
As a matter of fact, while the word chosen in 2019 was “climate strike”, last year’s favorite word was “quarantine”, the usage of which increased by 6000 percent due to the pandemic that affected the whole world.
Collins’ preference for NFT this year has proven how legitimate NFTs, which have entered our lives with digital technology, are now.