Collins Dictionary chooses NFT as the 2021 Word of the Year
UK-based dictionary company Collins has released its shortlist of popular words for 2021. It said the word that topped the shortlist to become word of the year was NFT, an abbreviation of non-fungible token, like everything has been in the news this year and sparked public interest.
New blockchain-based technologies aren’t exactly the easiest things to explain and that includes NFTs. With all of these words pre-selected, Collins provided an easy-to-understand definition. For NFT it says:
1. non-fungible token: a unique digital certificate, stored on a blockchain, that is used to record ownership of an asset such as a work of art or collectible
2. an asset whose ownership is recorded by means of a non-fungible token
the artist sold the work as an NFT
Other tech-related words that made its shortlist were Crypto and Metaverse, the latter of which caught the eye last month when Facebook changed its name to Meta. The definition of Crypto is:
Crypto- is added to adjectives and nouns to form other adjectives and nouns that refer to people who have hidden beliefs and principles.
While the definition he gives for Metaverse is as follows:
1. a proposed version of the Internet that incorporates three-dimensional virtual environments
2. a three-dimensional virtual world, especially in an online role-playing game
3. the universe as depicted in a given work of fiction
Along with these three tech-related words, Collins’ shortlist also includes words related to other popular topics this year. They include double vaxxed, hybrid work, pingdemic, and climate anxiety.
Finally, there were three culture-related words, these included Neopronoun, Regencycore, and cheugy.