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Tree of Wisdom
Explainers
Quizzes
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Resources
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Quiz 2: NFTs
1. What is an NFT?
A no-fly territory
A new fantastic thing
A non-fungible token
2. What does fungible mean?
Interchangeable
Unique
3. What does non-fungible mean?
Interchangeable
Unique
4. To create an NFT you need?
A smart artist
A smart lawyer
A smart contract
5. What intellectual property rights does the NFT creator give when s/he sells the NFT?
None of them
All of them
The creator can decide
6. What intellectual property rights does the buyer of the NFT get in the NFT?
None of them
All of them
The buyer should read up and find out
7. Which of the following is the most expensive NFT?
Human One by Beeple
CryptoPunk 5822 by Larva Labs
The Merge by Pak
8. An NFT is stored in a place that acts as a digital...
locker
ledger
container
9. It is easy to link the proof of ownership in the NFT to the asset itself?
True
False
10. Ethereum is the only blockchain that supports NFTs?
True
False