Test your knowledge of crypto assets with this new quiz

1. Non-fungible tokens (NFTs), were first introduced to:

1. Facilitate secure online communication
2. Give digital artists a way to sell their creations online
3. Allow video game players to trade unique digital assets
4. Simplify digital identity verification

2. What is blockchain?

1. A digital version of fiat money
2. A form of bookkeeping that uses artificial intelligence
3. A decentralised, distributed public digital ledger
4. A type of virtual reality technology

3. Which of the following is a stablecoin?

1. Bitcoin
2. Ethereum
3. Tether
4. Ripple

4. A security token is:

1. A physical token used for access control
2. A token used for online gaming transactions
3. A token used for public transportation payments
4. A digital representation of ownership of an asset or company

5. What do GALA and the Basic Attention Token (BAT) have in common?

1. They are used for virtual shopping in video games
2. They can be used to purchase unique digital art
3. They are decentralised finance (DeFi) protocols
4. They are utility tokens

6. What are the two main types of security tokens?

1. Asset-backed tokens and equity tokens
2. DeFi tokens and equity tokens
3. Asset-backed tokens and stablecoins
4. Cryptocurrency and DeFi tokens

7. What is INX?

1. A games token
2. A security token
3. A stablecoin
4. A platform for converting crypto assets to fiat money