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Technology – NFT named word of the year

The Collins Dictionary Word of the Year 2021 is an anagram – NFT, standing for ‘non-fungible token’, which Collins defines as ‘a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a collectible’. NFT became a buzzword in March, when the rights to digital artist Beeple’s collage EVERYDAYS: THE FIRST 5000 DAYS were sold at Christie’s for $69 million. According to GlobalData’s Social Media Analytics tool, mentions of the hashtag #nft increased by 3,566% between January and October this year. NFT beat other technology-related terms on Collins Dictionary’s long-list, such as crypto (cryptocurrency) and metaverse, as well as terminology linked to the pandemic, like hybrid working, pingdemic and doublevaxxed. Other contenders for the Collins Dictionary Word of the Year 2021 were climate anxiety, cheugy, neopronoun and Regencycore. Seven of the 10 long-listed words are new to CollinsDictionary.com. Find definitions for all at https://www.collinsdictionary.com/woty

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