# Charitable Definition NFTs Merriam-Webster is Selling Its Definition of an NFT, as an NFT By Riley von Niessen | Published 2021-05-13 | Social Good Source: Trend Hunter, https://www.trendhunter.com/trends/merriamwebster References: [opensea.io](https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/13014153790550692438812020292530308527796599818332639642513535596840089550849) & [teachforall.org](https://teachforall.org/) In line with the recent popularity of NFTs, [Merriam-Webster](https://www.trendhunter.com/trends/quordle) has announced its very own, allowing consumers to purchase its official definition of "NFT," as a non-fungible token. The NFT will be sold as an exclusive animation, which shows a Merriam-Webster dictionary opening up to reveal the definition, which is listed as "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).'" The NFT is currently being auctioned on [OpenSea](https://www.trendhunter.com/trends/cereal-club), where the top bid has already surpassed $20,000. Net proceeds from the sale will go towards [Teach For All](https://www.trendhunter.com/trends/norwegian-cruise-line-nfts), a global network that brings educational opportunities and support to children in need. Image Credit: Merriam-Webster ## Trend Insights (Trend Hunter) - Score: 1.9/10 - Popularity: 9% | Activity: 37% | Freshness: 10% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Social Good](https://www.trendhunter.com/socialgood) > [Charity](https://www.trendhunter.com/charity) ## Key Themes ### Why This Trend Is Growing - **NFT Definition Sales:** The trend of selling NFTs of the definition of popular terms and concepts provides a new revenue stream for businesses that have established themselves as a source of authority in the field. - **Charitable Nfts:** The trend of using NFT sales to raise money for charitable causes provides an innovative way for organizations to reach new donors and support social causes. - **Animated Nfts:** The trend of creating animated NFTs adds a new level of creativity to the market and expands the possibilities for artistic expression and storytelling. ### Industries Being Reshaped - **Publishing and Media:** Publishers and media organizations can adopt the trend of selling NFTs of definitions and concepts to monetize their expertise and generate new revenue streams. - **Non-profit and Charity:** Charities and non-profit organizations can adopt the trend of creating charitable NFTs to raise money for social causes and attract new donors through innovative fundraising methods. - **Art and Entertainment:** The trend of creating animated NFTs opens up opportunities for artists and entertainers to create unique and interactive digital experiences that could disrupt the traditional art market. ## Related on Trend Hunter - [Luxury Vehicle-Inspired NFTs](https://www.trendhunter.com/trends/mercedes-nft.md) - [Non-Profit NFT Collections](https://www.trendhunter.com/trends/guerlain-nft-collection.md) - [Data-Driven Charity NFTs](https://www.trendhunter.com/trends/patchwork-kingdoms.md) - [Over-the-Counter NFTs](https://www.trendhunter.com/trends/over-the-counter-nfts.md) - [Charitable NFT Collections](https://www.trendhunter.com/trends/nonprofit-nft.md) - [Cereal-Themed NFTs](https://www.trendhunter.com/trends/cereal-club.md) - [Charitable Snack NFTs](https://www.trendhunter.com/trends/vegan-rob-token.md) - [NFT-Funded Children's Books](https://www.trendhunter.com/trends/nft-project.md) - [Mascot NFT Collections](https://www.trendhunter.com/trends/nft-collections.md)