‘NFT’ Named ‘Word of the Year’ for 2021

Chosun Ilbo | Nov 25, 2021 at 9:21 AM
  • NFT is an abbreviation for non-fungible token, which according to the dictionary is “a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a collectible.”
  • In March, an NFT for the piece sold for US$69.3 million.
  • In 2020, the word of the year was “lockdown,” but pandemic-related words like “double vaxxed” and “hybrid working” were still among the finalists for this year.