Officially, the Collins Dictionary is now Annouced their ten-word annual shortlist for word of 2021, as well as declaring that NFT — though technically understood to be an abbreviation for nonfungible token — is their word of the year, surpassing the likes of crypto, metaverse and hybrid working, among others.

Blog post openly discussed the potential for a digital revolution by “convergence money and the Internet”, which seeks the challenge to and evolution of traditional modes of payment and into the 21st century.