LINE partnering with ICON to create blockchain ecosystem

LINE partnering with ICON to create blockchain ecosystem

Assessment

Interactive Video

Science, Business

11th Grade - University

Hard

Created by

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The video discusses the collaboration between the South Korean blockchain project ICON and the joint venture Unchain. It highlights the development of decentralized applications and the deployment of a blockchain ecosystem on the ICON protocol. The ecosystem is driven by a token economy, rewarding users for network contributions. As of May 31st, ICON's market cap was around 1.4 billion USD. Additionally, the video mentions Line, a popular messaging app in Asia with over 200 million active users.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the joint venture between the South Korean blockchain project ICON and another entity?

DecentralizeIt

CryptoLink

BlockchainX

Unchain

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the Unchain development team?

Developing decentralized applications

Designing a social media platform

Creating centralized applications

Building a new cryptocurrency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Unchain blockchain ecosystem reward its users?

Through a token economy

By providing premium access

By offering discounts

With free merchandise

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As of May 31st, what was the market cap of the ICON blockchain network?

500 million U.S. dollars

750 million U.S. dollars

2 billion U.S. dollars

1.4 billion U.S. dollars

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many active monthly users does the Line messaging app have?

200 million

250 million

150 million

100 million