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In 2021, Collins Dictionary ranked NFT as the word of the year. Today, it has remained a focal point in web 3 — thanks to its army of critics. The villainization of NFT began shortly after it went mainstream in the first quarter of 2021. NFT represents a shift in the trajectory of digital art and in the creation of a layer of digital security for assets that can be tokenized. While NFTs can change hands, they remain the exclusive digital assets of the verified owners.