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INTRODUCTION TO CRYPTO,BLOCKCHAIN & NFTs
This assessment will test your basic understanding of blockchain, crypto and NFTs. Fill in your details and answer the questions for a chance to win one FREE HUMANITY NFT.
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Email
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Your email
Name
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Your answer
Phone number
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Your answer
Country/Region
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Your answer
ID Number
Your answer
What is a Blockchain?
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5 points
A distributed network that makes money on the internet
A programmed distributed ledger technology that records and tracks anything of value
A decentralized network that is both online and offline on the computer
All the above
Who introduced the digital online cryptocurrency known as Bitcoin?
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5 points
Nick Szabo
Wei Dai
Satoshi Nakamoto
Hal Finney
What is the meaning of NFT?
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5 points
Not For Trade
Night Flying Test
Non Fungible Tokens
Non Fundible Tokens
Which of the following industries are involved with NFTS?
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5 points
Fashion
Art
Real Estate
All for the above
What is the meaning of GameFi?
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5 points
Game Firewall
None of the above
Game Finance
Game Fiction
Which are examples of Fungible items:(check all answers that apply)
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5 points
Money
Gasoline
The Mona Lisa painting by Leonardo da Vinci
A house
Required
How does NFT work?
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5 points
Using Blockchain ( a distributed public ledger)
Using centralized cryptocurrency
Using Non digital objects
Using Dark web
What are some applications of Blockchain ?
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5 points
Anti-money Laundering
Internet of Things
Identity Tracking
All the above
What is a DAO?
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5 points
Member-owned communities without centralized leadership
member-owned communities governed by cryptography
None of the above
member-owned communities with centralized leadership
How does NFTs look like?
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5 points
Same as Bitcoin
Same as Ethereum
Anything digital (music, art, houses)
None of the above
What are some applications of DeFi ?
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5 points
Developer Finance
Debug Finance
None of the above
Decentralized Finance
What is a smart contract?
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5 points
Programs stored on a blockchain that run when predetermined conditions are met
Online contract
Digital contract
A decentralized application
A Blockchain is digital data of __________ made using digital money.
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5 points
Collector's items
Fungible tokens
Deeds
Transactions
Why do people buy NFTS?
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5 points
NFTS have generated billions of dollars
They gain their rights to the unique tokens on the Blockchain
Due to rising prices of Bitcoin & distrust in the dollar
All of the above
What is the difference between a blockchain and deed?(Check all the answers that apply)
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5 points
a blockchain is digital and a deed is paper
a blockchain shows ownership of digital things and a deed shows ownership of things in real life
a deed is used to show you own land or a home and a deed shows you own an NFT
a blockchain is used for non-fungible items and a deed is used for fungible items.
Required
What is a Cryptocurrency?
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5 points
online currency for special people
all the above
currency used to pay for special goods in hiding
online currency secured by cryptography
What does P2P stand for?
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5 points
People to People
All the above
Pal to Pal
Peer to Peer
What is Minting an NFT?
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5 points
Selling an NFT on a Market Place
Refreshing your Breath with NFTs
Creating or buying NFTs from a collection
Investing in NFT projects
What are some characteristics of blockchain?
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5 points
All the above
Scalability, Immutability, Transparency
Transparency, Extension, Co-operation
Trust, Borderless, Dynamic
Why are NFTs the future of art and collectibles?
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5 points
Enable artist to register their work on blockchain
People can digitize monkeys online
Artists can hide their work online
All the above
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