What has been the impact of the crypto winter on the NFT market according to the speaker?
NFT Startup Magic Eden's $1.6B Valuation

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The market has completely collapsed.
Magic Eden has seen significant growth despite the downturn.
NFTs are no longer in demand.
Magic Eden has lost market share.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Magic Eden differentiate itself from other NFT marketplaces?
By offering the lowest transaction fees.
By only supporting Ethereum-based NFTs.
By being a community-centric and creator-focused marketplace.
By focusing solely on high-value NFTs.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did Magic Eden choose Solana as their blockchain platform?
Because it is the oldest blockchain.
Because it is the most popular blockchain.
Due to its faster speeds and lower transaction costs.
Because it has no outages.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's view on the future pricing of NFTs?
NFT prices will continue to rise indefinitely.
NFT prices are unpredictable but demand remains strong.
NFT prices will stabilize at a low value.
NFT prices will mirror the stock market.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What criticism did Bill Gates have about the NFT market?
He believes NFTs will replace traditional art.
He believes NFTs are a sound investment.
He thinks NFTs are based on the greater fool theory.
He supports the use of NFTs in gaming.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential does the speaker see for NFTs in gaming?
NFTs will make games more expensive.
NFTs will have no impact on gaming.
NFTs will enable true ownership of in-game items.
NFTs will only be used for character skins.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's prediction for the NFT market in five years?
The NFT market will disappear.
The NFT market will be smaller than today.
The NFT market will be a trillion-dollar industry.
The NFT market will only focus on art.
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