Every year, Collins gives a term the title of “word of the year” based on criteria such as originality and frequency of use. For this year 2021, the “NFT” takes first place among a selection of remarkable words such as ” metaverse “,” neopronoun ” or ” crypto “.
Number 1 : ” NFT“
As usual, and since 2015, the very famous dictionary Collinspays homage to the most popular words of the year. For 2021, 10 words stood out, namely: “NFT“,”double-vaxxed“,”pingdemic“,”crypto“,”neopronoun“,”climate anxiety“,”metaverse“,”cheugy“,”hybrid” and “regencycore“.
Going through these words, expressly ordered according to theorder established byCollins, you will find that at least three words relating to technology are there. Which are “NFT“(N ° 1),”crypto“(N ° 4) and”metaverse»(N ° 7).
How is it that the NFT offers itself the first place? A comparative study with respect to its respective use during the years 2020 and 2021 has shown a growth rate of 11,000%. Such frequency of use is certainly at the origin of the sudden popularity attributed to the “digital certificate of possession of a single asset”.
It is also our responsibility to update you on the results of the last coronation ofCollins. Indeed, for the year 2020, the word “lockdown(Containment) easily came to the top of the list. This is quite logical since France, Europe and many countries in the world fell victim to the same phenomenon for the second time in the same year.
Reminder on the NFT
The NFT abbreviated the group of words “non-fungible token»In English and designates the only digital identifier capable of recording the ownership of an asset that is also digital. This asset is generally the result of a creation and / or collection activity: video, photo, music, tweet, etc.
In this year 2021, the media reported several highlights about NFTs. No later than last March, the sale of the workEverydays: The First 5 000 Daysde Beeple at $ 69 million has sped things up in this universe. And this is only the start of a long, long adventure.
The fact that the term “NFT»Could have come out on top atCollinsshould come as no surprise to insiders. But it is also incumbent on us to recognize here the fruit of hard work carried out by the actors of the blockchain and the cryptocurrency placed behind the curtain.
Mikaia Andriamahazoarimanana
The blockchain and crypto revolution is underway! And the day when the impacts will be felt on the most vulnerable economy in this world, against all hope, I will say that I was there for something
