15 Questions
What is the recommended action before making any purchase or trade in the NFT market?
Conduct your own research and due diligence
What is the fee to create a single NFT through the NFT factory?
5 EBEN
Who is responsible for the availability of the image URL for a created NFT?
The token creator
What is the main disclaimer regarding the NFT market?
The market is subject to manipulation and fraud
What is the fee to create a single NFT using the NFT Factory?
5 EBEN
Who is responsible for the availability of the image URL of a created NFT?
The token creator
Question 1
What are some risks associated with participating in the NFT market?
Answer 1
The NFT market is highly speculative and volatile, with fluctuating and unpredictable values, and is subject to manipulation and fraud. Participating in the market carries significant risk.
Question 2
What is the fee to create a single NFT through the NFT Factory, and what happens to the fee?
Answer 2
The current fee to create a single NFT is 5 EBEN, and 100% of the fee is directly burned and cannot be refunded.
Question 3
Who is responsible for the availability of the image URL for an NFT created through the NFT Factory?
Answer 3
The token creator is responsible for the availability of the image URL for an NFT created through the NFT Factory. BenSwap does not copy or custody the image during the process.
By purchasing or trading in NFTs, you assume all ______ associated with the market.
risk
Our NFT market works for any ERC721 contracts that support the interface of ______.
ERC721Enumerable
Anyone can conveniently create tokens through our NFT factory. We are not responsible for the meaning, validity, image availability, image uniqueness, etc. of the created NFTs.
Are you ready to dive into the world of NFTs? Test your knowledge and understanding of the NFT market with our quiz! Learn about the risks and rewards associated with buying and trading NFTs, and discover important tips for avoiding fraud and manipulation. Take this quiz to become a savvy NFT investor and make informed decisions in this exciting and dynamic market.
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