LATOKEN Quiz: Can You Tell the Difference Between DeFi and NFT?
Test Your Knowledge: DeFi vs NFT
Are you curious about the latest trends in the crypto world? This quiz will test your understanding of two major concepts: DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens).
Take this engaging quiz to find out:
- What NFTs truly are
- The relationship between DeFi and NFTs
- Leading celebrities in the NFT space
What does NFT stand for?
Non Financial Token
New Features Token
Non-Fungible Token
Non Fragile Token
What is DeFi?
Decentralized finance
Definitely yes
Destroy finance
Delayed finance
Images, painting, GIFs and other works of art are about DeFi or NFT?
DeFi
NFT
Huh?
DeFi and NFT are the same thing
What are decentralized exchanges?
It's a crypto exchange
It's something about NFT as well
It's DeFi
It's about both DeFi and NFT
Which came first: DeFi or NFT?
DeFi
NFT
Same year
What is the peculiarity of the NFT technology?
It allows you to make instant money transfers
These tokens are unique and not divisible
No special features, it is a regular cryptocurrency
NFTs are highly decentralized
Who of these celebrities have already released their NFTs?
Lionel Messi
Rammstein vocalist Till Lindemann
Mixed martial arts fighter Khabib Nurmagomedov
All of them
Let's go back to DeFi tokens. Can they only be traded on decentralized exchanges?
No
Yes
They cannot be traded at all
They can only be exchanged for NFTs
How much money is there in DeFi?
$1 million
$10 million
> $85 billion
> $1 trillion
Which project is the leader in the DeFi field?
Compound
Aave
Uniswap
Chainlink
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