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HomeBusinessCollins Dictionary announces NFT as word of 2021 By Cointelegraph

Collins Dictionary announces NFT as word of 2021 By Cointelegraph

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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 yr, surpassing the likes of crypto, metaverse and hybrid working, amongst others.

The weblog publish spoke frankly in regards to the prospect of a digital revolution by way of a “convergence of cash and the web,” which seeks to problem and evolve conventional mediums of fee into the 21st century.