Collins Dictionary , Names 'NFT' , as Word of the Year.<br />"NFT" is the word of the year, <br />according to Collins Dictionary.<br />Standing for "non-fungible token," the word beat out "crypto" for the top spot.<br />Standing for "non-fungible token," the word beat out "crypto" for the top spot.<br />An NFT is defined 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.".<br />An NFT is defined 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.".<br />NFTs work like virtual signatures, proving the authenticity of an artistic piece.<br />According to CNN, NFTs have <br />the digital art market on an upswing.<br />With the digital revolution sweeping <br />the world, another candidate <br />for word of the year was "crypto.".<br />With the digital revolution sweeping <br />the world, another candidate <br />for word of the year was "crypto.".<br />Short for "crypto-currency," "crypto" is a medium of exchange that has steadily grown in popularity. A handful of celebrities and athletes are now being paid in "crypto.".<br />Short for "crypto-currency," "crypto" is a medium of exchange that has steadily grown in popularity. A handful of celebrities and athletes are now being paid in "crypto.".<br />With news of Facebook's name change, "metaverse" was also in the running. .<br />As the pandemic continues, <br />"double-vaxxed" and "hybrid working" are new terms added to the English lexicon.<br />As the pandemic continues, <br />"double-vaxxed" and "hybrid working" are new terms added to the English lexicon.<br />Alluding to concerns of climate change growing among the general population, "climate anxiety" also made Collins' shortlist. .<br />Alluding to concerns of climate change growing among the general population, "climate anxiety" also made Collins' shortlist.
