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Collins Dictionary Names “NFT” As Word Of The Year, Amongst Other Gen Z Terms Added To Top 10 List

today2 December 2021

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Source: Collins Dictionary

NFTs have had quite a year. They’ve rejuvenated the art industry by billions, and entire NFT museums have sprung to the scene. In Malaysia, artist Visithra Manikam who was previously discriminated, has sold NFTs to Snoop Dogg and is now a millionaire.

NFTs have also come under immense scrutiny for their environmental impact.

To add to this staggering rise, Collins Dictionary has just named NFT as its Word Of The Year (WOTY).

As you might have already noticed, this selection is an interesting one because it’s not really a word at all, but rather an acronym for “non-fungible token.”

Collins defines it as “a unique digital…

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Written by: Quinny Tan