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Quiz 2: NFTs

1.   What is an NFT?

  1.   A no-fly territory
  2.   A new fantastic thing
  3.   A non-fungible token

2.   What does fungible mean?

  1.   Interchangeable
  2.   Unique

3.   What does non-fungible mean?

  1.   Interchangeable
  2.   Unique

4.   To create an NFT you need?

  1.   A smart artist
  2.   A smart lawyer
  3.   A smart contract

5.   What intellectual property rights does the NFT creator give when s/he sells the NFT?

  1.   None of them
  2.   All of them
  3.   The creator can decide

6.   What intellectual property rights does the buyer of the NFT get in the NFT?

  1.   None of them
  2.   All of them
  3.   The buyer should read up and find out

7.   Which of the following is the most expensive NFT?

  1.   Human One by Beeple
  2.   CryptoPunk 5822 by Larva Labs
  3.   The Merge by Pak

8.   An NFT is stored in a place that acts as a digital...

  1.   locker
  2.   ledger
  3.   container

9.   It is easy to link the proof of ownership in the NFT to the asset itself?

  1.   True
  2.   False

10.   Ethereum is the only blockchain that supports NFTs?

  1.   True
  2.   False

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