Let’s get this straight: NFT is pronounced “nay-fey-tay.” That’s all there is to it.
You might have read Corin Faife at the Verge claiming it should be said as “neft” — but they’re wrong. It’s nay-fey-tay. Forever and ever, nay-fey-tay.
I can see where Faife is coming from, I really can. “Neft” is an elegant solution to saying those three letters. As it doesn’t appear NFTs are going anywhere, this pronunciation approach would save us all a lot of time.
But here’s my issue: why should we have an elegant solution for something that’s inherently serpentine and torturous?
Let’s go back to basics.
NFTs (or non-fungible tokens) are built on the same tech as cryptocurrencies — a highly questionable technology in its own right.
I’ve yet to see evidence of crypto being more than gambling or an elaborate ponzi scheme. Despite that, I still live in hope that one day, far off into the future, it may actually achieve its goal of decentralizing finance in a way that benefits the many, rather than the few it currently does.
But we’re still a long way from that. And, of course, this is to say nothing of its environmental impact.
I hold none of this hope for NFTs. It’s as though a malevolent scientist cobbled together the worst parts of cryptocurrencies to create the shittiest,…
