Utility Tokens Quiz
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Questions and Answers

What type of tokens are utility tokens?

  • Digital tokens
  • Cryptocurrency tokens
  • Security tokens
  • Tokens used in dApps and games (correct)
  • What are some examples of utility tokens?

  • Bitcoin and Ethereum
  • Small Love Potion and Filecoin (correct)
  • Ripple and Litecoin
  • MATIC and Bitcoin Cash
  • What are the benefits of holding utility tokens?

  • Discounts and rewards
  • Access to products and services (correct)
  • Ability to trade on exchanges
  • Payment for goods and services
  • What type of platform typically issues utility tokens?

    <p>Blockchain projects</p> Signup and view all the answers

    What type of token does not offer holders unique benefits?

    <p>Security tokens</p> Signup and view all the answers

    What type of token is not typically tied to specific blockchain projects or ecosystems?

    <p>Cryptocurrency tokens</p> Signup and view all the answers

    What type of token does not typically provide access to services or products?

    <p>Security tokens</p> Signup and view all the answers

    What type of token does not provide discounts, rewards, or additional benefits?

    <p>Security tokens</p> Signup and view all the answers

    What type of platform typically does not issue utility tokens?

    <p>Financial institutions</p> Signup and view all the answers

    What type of token offers holders unique benefits and access to products and services?

    <p>Utility tokens</p> Signup and view all the answers

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