The Drawbacks of NFTs: Challenges and Concerns in the Digital Art Market

The Drawbacks of NFTs: Challenges and Concerns in the Digital Art Market

Assessment

Interactive Video

Business, Social Studies

1st - 6th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the concept of NFTs, highlighting ownership issues and challenges for artists, such as marketing and environmental concerns. It explores the potential impact of NFTs and cryptocurrencies on society and finance, encouraging further research and discussion on these topics.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do NFTs differ from physical pieces of art in terms of ownership?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some challenges artists face when trying to sell their NFTs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What environmental concerns are associated with NFTs?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can individuals participate in discussions about cryptocurrencies and NFTs?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Do you think the benefits of using cryptocurrencies and NFTs outweigh the drawbacks? Why or why not?

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