The famous English dictionary announced that the abbreviation NFT became the word of the outgoing year.
The abbreviation stands for and translates as "non-fungible token". This term is understood as a unique digital type certificate that secures ownership of assets. Most often these are objects of art and collectibles.
Such electronic documents are recorded on the blockchain or immutable ledger, making it easier to record transactions across business networks.
It is noted that the aforementioned word is in vogue today. It is constantly repeated in the stream of words. And over the past twelve months, the frequency of its use has increased tens and hundreds of times.
Philologists also paid attention to other popular words - metaverse, crypts, fakes and others. It also included several concepts directly related to the disease that has plagued the world over the past few years. Commonly used terms for treatments, medicines, and vaccines.
Every year, well-known publications analyze word streams, highlighting the most used words and expressions from them. The frequency of use, as a rule, is influenced by the situation in the world, fashion trends in various spheres, and people's awareness.
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