NFT Art Practice Test
NFT Art FREE NFT Art NFT Fundamentals and Concepts Questions and Answers
What is the primary function of a smart contract in the lifecycle of an NFT?
Select your answer
A
To store the digital art file directly on the blockchain.
B
To define the rules of the NFT, such as ownership and transferability, and automate their execution.
C
To set the floor price of the NFT on secondary marketplaces.
D
To verify the identity of the artist who created the digital asset.
Hint