FinPanel season 5 - NFT: Entertain to "Ether gained"

FinPanel season 5 - NFT: Entertain to "Ether gained"

University

15 Qs

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FinPanel season 5 - NFT: Entertain to "Ether gained"

FinPanel season 5 - NFT: Entertain to "Ether gained"

Assessment

Quiz

Professional Development, Business, English

University

Practice Problem

Hard

Created by

Nhu Le

Used 6+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of cryptocurrency uses the same blockchain as most NFTs?  

Bitcoin

Dogecoin

Ethereum

Litecoin

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these NFTs recently sold for $69.3 million?

Media Image
Media Image
Media Image
Media Image

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

What factors are most likely to influence the price of an NFT?

Who created or previously owned the NFT?

How many editions of the NFT exists?

The stock market

None of them are correct

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In which of the following projects can you purchase virtual land as NFTs?

Decentraland

The Sandbox

Somnium

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Why might NFTs be bad for the environment?

They add a huge amount of Carbon to the environment

They consume a huge amount of electricity

The carbon emission is increasing day by day

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How does NFT work?

Using blockchain (a distributed public ledger)

Using dark web

Using non-digital objects

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does "minting an NFT" mean?

Investing in crypto mining

Refresing your breath with NFTs

Creating an NFT

Selling an NFT on a marketplace

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