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Home » Quiz intermediate – lessons nr 59-68

2. Intermediate Course 68. Royalties – What Are They? How Does This Type of Licensing Fee Work? Quiz intermediate – lessons nr 59-68

Quiz intermediate – lessons nr 59-68

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Question 1 of 10

1. Question
What is an investment DAO?
- A decentralized organization where management is done through smart contracts
- An organizational structure in which investment authority is held by only a small group of individuals
- An organization in which funds are invested as a group, eliminating the need for traditional intermediaries
- An organizational structure in which investment decisions are made by those responsible for managing the funds
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Question 2 of 10

2. Question
What is a stablecoin DAI?
- A stable cryptocurrency that acts as a collateral in the DAO lending protocol
- An ERC-20 token that is available on major cryptocurrency exchanges
- A cryptocurrency backed solely by Ethereum (ETH)
- A cryptocurrency that is not tied to any other digital assets
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Question 3 of 10

3. Question
What is a SubDAO?
- A DAO protocol that acts as an external component of a larger DAO
- A new approach to resolving operational issues related to accountability within a DAO, without sacrificing decentralization
- A DAO protocol that focuses exclusively on the specialization of niche experts in the cryptocurrency industry
- A management token in the DAO ecosystem
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Question 4 of 10

4. Question
What does “DAO” stand for?
- Decentralized Autonomous Organization
- Decentralized Authority Organization
- Digital Autonomous Organization
- Digital Authority Organization
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Question 5 of 10

5. Question
What are the advantages of atomic swaps?
- Increased interoperability, full decentralization, cost savings
- Complicated structure, no support for fiat currencies, limited number of available cryptocurrency pairs
- Full decentralization, reduced potential market manipulation, reduced transaction fees
- Interoperability with fiat, reduced risk of market manipulation, no transaction fees
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Question 6 of 10

6. Question
What is crypto vesting?
- Mechanism that eliminates intermediaries in cryptocurrency transactions
- The process of exchanging cryptocurrencies between different blockchains
- The practice of setting aside a portion of the availability of tokens and releasing them to the market once predetermined conditions are met
- A mechanism for voting on proposals, facilities or amendments to the DAO
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Question 7 of 10

7. Question
What are the advantages of the Metaplex Candy Machine protocol over other NFT ecosystems?
- Users can make payments for services using NFT, SOL or other tokens available in the Solana ecosystem
- The protocol protects NFT collections from unwanted bots through configurable bot fees
- NFT developers can create different mint groups with different sets of rules
- All of the above
Correct

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Question 8 of 10

8. Question
What benefits does BNB Greenfield bring to decentralized users and applications?
- Creating, storing and sharing data while maintaining full control over resources
- Ability to transfer data to BNB Smart Chain for efficient use in the BNB Chain dApp system
- Supporting users to interact with the Greenfield ecosystem or as independent Web3 products
- All of the above
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Question 9 of 10

9. Question
What is slashing in the context of cryptocurrencies and what are its causes?
- A mechanism to punish validators for undesirable actions or bad intentions, aimed at promoting proper behavior
- Occurs when validators violate the rules of proper cryptocurrency staking
- Can occur in cases of downtime, double signatures or network manipulation
- All of the above
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Question 10 of 10

10. Question
How does royalty work in the context of NFT, and what are its different types?
- It allows artists and designers to be paid automatically whenever their works are resold
- The different types include franchise royalty, patent royalty, book royalty, mineral royalty and entertainment royalty
- The amount of the royalty depends on the terms and conditions established in the smart contract when the token in question is minted
- All of the above
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2. Intermediate Course

Course Home Expand All

61. What is the SubDAO protocol, and how does it work?

62. How to Create Your Own Decentralized Autonomous Organization (DAO)?

63. Atomic Swap: What is an atomic swap, and how does it work with cryptocurrencies?

64. What Is Cryptocurrency Vesting? What Are Its Advantages?

65. What Is the Metaplex Candy Machine Protocol? How Does It Work?

66. What Is the BNB Greenfield Ecosystem?

67. What Is Slashing in Cryptocurrencies?

68. Royalties – What Are They? How Does This Type of Licensing Fee Work?

1 Quiz

Quiz intermediate – lessons nr 59-68

69. What is TradFi? The importance for cryptocurrencies!

70. What is the Real World Asset (RWA) trend in cryptocurrencies? Explanation and examples!

71. Pyth Network: a powerful oracle harnessing the power of Solana!

72. What are stables in the world of cryptocurrencies?

73. What Is Binance Oracle?

74. Shibarium: A new era in the Shiba Inu ecosystem?

75. What is an ETF? How will an exchange-traded fund on bitcoin work?

76. Symmetric and asymmetric encryption – key cryptography techniques!

77. Hedging in cryptocurrencies – great portfolio protection against risk!

78. How to create your own cryptocurrency?

79. What is a Dusting Attack in cryptocurrencies? How to protect against it?

80. What is a Black Swan?

1 Quiz

Quiz intermediate – lessons nr 69-80

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