๐นCollins Dictionary has named the term โNFTโ as the Word of the Year 2021. NFT is the acronym for โnon-fungible token.
๐นAs per Collins Dictionary, NFT is defined as โa unique digital certificate, registered in a blockchain, that is used to record the ownership of an asset such as an artwork or a collectible.โ
๐นCollins English Dictionary is published by HarperCollins in Glasgow.