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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?
Non-Fungible Token
New Financial Technology
Network File Transfer
Non-Financial Transaction
Which technology underpins NFTs?
Virtual Reality
Artificial Intelligence
Blockchain
Cloud Computing
What is a common criticism of NFTs?
They are environmentally harmful
They have no ownership rights
They are too cheap
They are universally accepted
What is a common platform for buying and selling NFTs?
eBay
Amazon
Facebook
OpenSea
What is a primary use case for NFTs?
Cryptocurrency trading
Online gaming
Digital art ownership
Social media marketing
What is a common criticism of NFTs?
They are environmentally harmful
They are too cheap
They are only for gaming
They have no ownership rights
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