History
General Knowledge
Uses
Blockchain
Ups and Downs
100
This is the first NFT made, released in 2014, and was sold for $1.47 million in June of 2021
What is "Quantum" made by Kevin McCoy?
100
What does NFT stand for?
What is Non-Fungible Token?
100
Used on apps like Instagram and Twitter, NFTs can be used as this to be shown off as a status 24/7 (e.g., Bored Apes Yacht Club)
What are Profile Pictures?
100
The most popular cryptocurrency used to buy NFTs
What is Ethereum blockchain?
100
Tied to aesthetics and sentimental value, NFTs may not always be worth money, making them this type of expense
What is Speculative?
200
This famous 10-year-old Pop-Tart cat was sold as an NFT for around $590,000
What is Nyan Cat?
200
This popular NBA star, playing for the Golden State Warriors owns one of the popular Bored Apes
Who is Steph Curry?
200
People play NFT Games to design their own one of these by earning different outfits, accessories, etc. This allows them to have unique, and unreplicable characters for themselves.
What are Custom Avatars
200
A digitally distributed, decentralized, public ledger that exists across a network, leading to the creation of various cryptocurrencies, decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and smart contracts
What is blockchain?
200
If proven authentic on the blockchain, NFTs can not be changed or replaced in any way, giving them this
What is Immutability?
300
How much did the first NFT sell for?
What is $1.4 million
300
The largest and most popular NFT marketplace
What is OpenSea?
300
While you can buy NFTs, you can also sell them for others, or even for Ethereum, completing a transaction known as this
What is Trading?
300
Data on the blockchain gets spread out among multiple different network nodes at different locations, so no node can alter information. This makes information on the blockchain irreversible, making blockchain this
What is Decentralizd?
300
Being completely virtual, NFTs aren't the most secure, and although not many security breaches have happened, NFTs could have this happen to them, making the owner lose it and the hacker get their hands on it.
What is Getting Stolen?
400
This project was referenced to an experiment with Bitcoin in the 1990s and can be described as an ERC721 and ERC20 hybrid, made on June 23 2017
What are CryptoPunks
400
A form of digital ledger, that can be sold and traded. Types of these may be associated with digital files such as photos, videos, and audio.
What are NFTs?
400
This very popular NFT collection can be used as a ticket to an online social club. Many are owned by famous people like Jimmy Fallon, Post Malone, etc.
What is the Bored Apes Yacht Club?
400
Another word for blockchain, it is referred to this because the blockchain makes the history of any digits asset unalterable and transparent through decentralization and cryptographic hashing
What is Distributed Ledger Technology (DLT)?
400
With the growth of NFTs, online works are gaining popularity, but this could mean the downfall of this classical type of work. (e.g., Mona Lisa, The Starry Night, etc.)
What is Art?
500
This was the most expensive NFT ever sold, selling at $91.8 million on December 2, 2021
What is "The Merge" made by Pak?
500
Unable to replace or be replaced by another identical item; not mutually interchangeable.
What is Non-Fungible?
500
A new type of identifier that enables verifiable, decentralized digital identity. This refers to any subject (e.g., a person, organization, thing, data model, abstract entity, etc.)
What are Decentralized Identifiers (DIDs)?
500
Blockchain began as a research project, far before its use in Bitcoin, in this year
When is 1991?
500
Because of the use of blockchain, people can be assured of this, and they have proof of this because of decentralization and different "blocks" which have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data
What is Authenticity?