NFT Development Skills 1

Question 1

What exactly is an NFT?

Accepted Answer

Music, painting, and other forms of digital art

Answer

None of these are correct.

Answer

The same as Ethereum.

Answer

The same as Bitcoin

Question 2

Who created NFT?

Accepted Answer

Kevin McCoy & Anil Dash

Answer

Anil McCoy & Warren Buffet

Answer

Elon Musk & Kevin Dash

Answer

Ail McCoy & Anil Dash

Question 3

How do NFTs function?

Accepted Answer

Making Use of Blockchain (a distributed public ledger)

Answer

Using the Dark Web

Answer

Making Use of Non-Digital Objects

Answer

None of these are correct.

Question 4

What is the most costly NFT on the market in 2025?

Accepted Answer

Pak's "The Merge"

Answer

Cryptopunk

Answer

Every day - The first 5000 days

Answer

Beeple's "Human one"

Question 5

Which is the most popular NFT marketplace?

Accepted Answer

Open sea

Answer

Wazir X

Answer

Coin Switch Kuber

Answer

Meta Mass

Question 6

Which coin is most commonly used to buy and trade NFTS?

Accepted Answer

Ethereum

Answer

Bitcoin

Answer

Cardano

Answer

Dogecoin

Question 7

Which elements are most likely to have an impact on the price of an NFT?

Accepted Answer

All of the options are correct

Answer

How many NFT editions are there?

Answer

The Collection's authorship has been confirmed.

Answer

Who invented or previously possessed the NFT?