Technology
“NFT” Defined And Auctioned by Merriam-Webster
It is officially in the dictionary.
A few weeks ago, I read several articles about Merriam-Webster not only defining the word NFT in its dictionary but also auctioning it.
One of the articles in Business Insider was noting that the money earned from auction would go to the nonprofit organization Teach For All “a network of organizations in 60 countries working to ensure all children have the education, support, and opportunity to fulfill their potential”.
Today, when I checked the website of Webster, I noticed that the acronym NFT as “NON-FUNGIBLE TOKEN” is defined in the dictionary.
Interestingly, I did not come across the details of the auction in the press but this word is now owned by AOI (Art on Internet) as linked to the word entry in the online dictionary. I assume AOI won the auction.
It looks like the word was sold for $15.
Here is the screen capture of the definition.
So you can even own and sell a word as an NFT.
