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Understanding NFTs
Test your knowledge about Non-Fungible Tokens (NFTs) and their impact on the digital world.
What does NFT stand for?
Network File Transfer
Non-Financial Transaction
New Financial Technology
Non-Fungible Token
What is a common platform for buying and selling NFTs?
Facebook
eBay
OpenSea
Amazon
Which technology underpins NFTs?
Blockchain
Cloud Computing
Virtual Reality
Artificial Intelligence
What is a common criticism of NFTs?
They are too cheap
They are universally accepted
They are environmentally harmful
They have no ownership rights
What is a common criticism of NFTs?
They are environmentally harmful
They are too cheap
They have no ownership rights
They are only for gaming
What is a primary use case for NFTs?
Online gaming
Social media marketing
Cryptocurrency trading
Digital art ownership
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