Introduction to Blockchain, Web3 and Metaverse

Which cryptocurrency is this?

• Ethereum

• ADA

• Solana

• Cardana

Answer explanation

ADA is the cryptocurrency for the Cardano platform

What is a Stablecoin?

• A Crypto Token that is designed to be pegged to a fiat currency

• A Crypto Token that is designed to have a higher value than a fiat currency

• A Crypto Coin that is designed to be pegged to a fiat currency

• A Crypto Coin that is designed to have a higher value than a fiat currency

Answer explanation

Stablecoin is a misnomer. It is actually a token instead of coin.

Which of the following is not a Stablecoin?

• USDC

• TUSD

• SHIB

• DAI

Answer explanation

Shiba Inuu is a Meme Token, not a Stablecoin

Which of the following is not a feature of Blockchain?

• Decentralized

• Immutable

• Untraceable

• Distributed

Answer explanation

What is a unique tokens stored on smart contract blockchain called?

Answer explanation

NFT (Non-Fungible Token) is a unique tokens stored on smart contract blockchain

Which of the following is a Decentralized Storage Networks used in NFT?

• Arwave

• IPBS

• IPTS

• Arweave

Answer explanation

IPFS and Arweave are some of the Decentralized Storage Networks used in NFT

Which of the following is not an NFT Marketplace?

• OpenSea

• SuperRare

• CoinMarketCap

• LooksRare

Answer explanation

Which programming language is used to write Ethereum Smart Contract?

• Solidity

• Rust

• Haskell

• Javascript

Answer explanation

Which programming language is used to write Cardano Smart Contract?

• Solidity

• Rust

• Haskell

• Javasript

Answer explanation

Which programming language is used to write Solana Smart Contract?

• Solidity

• Rust

• Haskell

• Javascript

Answer explanation