Previous article Merriam-Webster Dictionary Auctions Non-Fungible Token Definition as an NFT Next article Home Latest Cryptocurrency News Merriam-Webster Dictionary Auctions Non-Fungible Token Definition as an NFT Merriam-Webster Dictionary Auctions Non-Fungible Token Definition as an NFT By Jack Pearson - min read 11 May 2021 Merriam-Webster, the US dictionary first published in 1831, has today put its newly added definition for non-fungible tokens (NFTs) as an NFT item on the OpenSea marketplace. Proceeds from the sale will be donated to Teach for All, a charity that provides educational resources for children The auction begins today and runs until midnight EST on May 14 The listing follows the term being added to the dictionary this morning Nate Chastin, Head of Product at OpenSea, said that “This project is about establishing NFTs as a medium with lasting value through the permanence of a record in the country’s most-trusted dictionary. We’re excited that a brand like Merriam-Webster is using NFTs to engage with its audience in new ways.” Official dictionary entry: NFT abbreviation or noun : NON-FUNGIBLE TOKEN : a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it) Source(s) cited: https://www.prnewswire.com/news-releases/thanks-to-merriam-webster-you-can-now-own-the-nft-of-the-definition-of-nft-301288201.html https://opensea.io/collection/merriam-webster Share this article Categories Technology