Home Altcoin Merriam-Webster Dictionary Auctions Non-Fungible Token Definition as an NFT

Merriam-Webster Dictionary Auctions Non-Fungible Token Definition as an NFT

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Merriam-Webster, the US dictionary first printed in 1831, has at this time put its newly added definition for non-fungible tokens (NFTs) as an NFT merchandise on the OpenSea market.

  • Proceeds from the sale will likely be donated to Teach for All, a charity that gives instructional sources for youngsters
  • The public sale begins at this time and runs till midnight EST on May 14
  • The itemizing follows the time period being added to the dictionary this morning
  • Nate Chastin, Head of Product at OpenSea, mentioned 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 singular digital identifier that can not be copied, substituted, or subdivided, that’s recorded in a blockchain, and that’s used to certify authenticity and possession (as of a selected digital asset and particular rights referring 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

The submit Merriam-Webster Dictionary Auctions Non-Fungible Token Definition as an NFT appeared first on Coin Journal.

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