The phrase NFT (short for non-fungible token) has been made word of the year by Collins Dictionary.
It says use of the abbreviation rose by more than 11,000% in 2021.
NFTs are certificates to say that you own something digital – so original versions of viral videos, memes or tweets can be sold as if they were art.
And from the Charlie Bit My Finger video to the Harambe the gorilla photo, NFT sales have made some people very rich this year.
Collins Dictionary’s Alex Beecroft said it was “unusual” for an abbreviation to experience such a massive rise in usage.
