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Web3 Headlines, Heroes, and Hoaxes

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

_____________ is the name used by the presumed pseudonymous person or persons who developed bitcoin

a)

Satoshi Nakamoto

b)

KYC

c)

0xMaki

d)

MetaKovan

2.

The first real life bitcoin transaction was in 2010 for 10,000 bitcoin (worth roughly €363,802,233 today).

What was purchased?

a)

A bicycle

b)

An iphone

c)

Two pizzas

d)

A used car

3.

What was the first country to officially classify Bitcoin as a legal currency?

a)

El Salvador

b)

Germany

c)

USA

d)

Columbia

4.

What was the most expensive NFT sold to date?

a)

The First 5,000 Days - Beeple

b)

The Merge - Pak

c)

CryptoPunk #7523 - Larva Labs

d)

The Clock - Pak

5.

What is the term for the type of scam where crypto developers abandon a project and run away with investors’ funds.

a)

Dine and dash

b)

Disappearing act

c)

Coin swipe

d)

Rug pull

6.

There are roughly 27 million software developers in the world. How many of them are working actively on crypto or Web3 every month?

a)

Around 1 million

b)

Around 230,000

c)

Around 116,000

d)

Around 18,000

7.

Who coined the term Web3?

a)

Gavin Wood

b)

Mark Zuckerberg

c)

Vitalik Buteri

d)

Satoshi Nakamoto

8.

What Web3 segment currently has the highest market cap?

a)

NFTs

b)

Gaming

c)

Defi protocol

d)

L1

9.

Jack Dorsey’s first-ever tweet was sold as an NFT for $2.9 million in 2021. The buyer listed the NFT for sale again at $48 million in April 2022. What was the highest bid that he received?

a)

$2.9 million

b)

$280

c)

$52 million

d)

He didn't receive any bids.

10.

Which brand made news in 2021 by purchasing the NFT sneaker brand RTFKT?

a)

Nike

b)

Adidas

c)

Louis Vuitton

d)

Apple