What is a DAO primarily built on?
Why I Joined a DAO, and Why I Left | Friends With Benefits DAO

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Information Technology (IT), Architecture, Business
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A centralized server
A cryptocurrency or blockchain
A traditional bank
A government network
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main reason the narrator joined the Friends with Benefits community?
To gain financial profit
To become a blockchain developer
To explore community and shared values
To learn about stock trading
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did the narrator decide to leave the Friends with Benefits community?
The community was too welcoming
Lack of personal connection and financial loss
The community was too small
The token value increased significantly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What environmental concern is associated with cryptocurrencies?
Air pollution
High water usage
Excessive land consumption
High energy consumption
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What change in Ethereum is mentioned as being more environmentally friendly?
Switch from tokens to fiat currency
Switch from proof of work to proof of stake
Switch from blockchain to centralized servers
Switch from proof of stake to proof of work
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major risk associated with investing in cryptocurrencies according to the narrator?
Low transaction fees
High volatility
Government regulation
Lack of community
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the narrator's ongoing interest in Web 3 focused on?
Finding environmentally friendly options
Building a centralized network
Developing new cryptocurrencies
Creating a new DAO
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