NFT Hype and Bust Quiz
5 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What caused some of the NFTs to lose their value on the secondary markets?

  • High saturation of new collections (correct)
  • Decrease in the minting of NFTs
  • Collapse of LP
  • Lack of interest from the original team

    • What was the fundamental purpose of the game that was lost?

  • Generating passive income through new NFTs (correct)
  • Minting Crypto Cola
  • Breeding Mutated Moon Apes
  • Staking Pets

    • What was the utility of Loot Bags in Season 1 of the game?

  • Generating $MAL tokens needed to play other events
  • Providing a multiplier on Moon Ape Genesis rewards (correct)
  • Minting Crypto Cola
  • Breeding Mutated Moon Apes

    • What happened to some of the original team members in April 2022?

    <p>Some of them left the project</p> Signup and view all the answers

    What was the outcome of the new team's work on the backend and basic structure of the game?

    <p>The format could not be repeated perpetually</p> Signup and view all the answers

    More Like This

    NFTs: The Digital Asset Revolution
    3 questions

    NFTs: The Digital Asset Revolution

    NFTs 101
    5 questions

    NFTs 101

    TemptingSkunk avatar
    TemptingSkunk
    Navigating the World of NFTs
    15 questions

    Navigating the World of NFTs

    ErrFreeAquamarine avatar
    ErrFreeAquamarine
    The Evolution of NFTs Quiz
    5 questions

    The Evolution of NFTs Quiz

    BalancedPyrite avatar
    BalancedPyrite
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser