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What is an NFT?

NFTs broke into mainstream attention in 2021. But what exactly are they? Take our quiz to find out!

What is an NFT?

NFTs broke into mainstream attention in 2021. But what exactly are they? Take our quiz to find out!

Question:

1

of

X

15

Score:

0

of

Y

What is an NFT?

Non-famished token

Non-farmable token

Non-fungible token

Non-fungible titty

3

An NFT is…

A currency used to represent equity in a project

A digital asset which can be used to certify authenticity and ownership of a digital/physical item, whilst being recorded on a blockchain

A currency used for digital payments

A digital asset that can be copied or divided, whilst being recorded on a blockchain

2

What can’t NFTs be used to sell?

Digital art

Music

Physical books

Cryptocurrencies

4

Which of the following is not a well-adopted utility for owning an NFT?

Exclusive access to the community of holders

Staking

Used as payment

Utility for a blockchain-based game

3

How can you verify if an NFT is an original?

Check the NFT volume

Check the price of previous sales

Check the verifiable ownership record on the blockchain

Check the rarity of your NFT

3

What is the most expensive NFT sold on the Solana ecosystem (hint: it was an NFT from SolanaMonkeyBusiness)?

$210k

$510k

$2.1 million

$5.1 million

3

Congratulations!

Your Score:

0

out of

0

!