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Free Certified NFT Developer - Blockchain Council Exam Questions and Answers
Last updated: February 19, 2025
Examtopics Certified NFT Developer - Blockchain Council Prepaway Real Exam Questions and dumps free download
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Certified NFT Developer - Blockchain Council
#Question
What role does commenting and messaging play within NFT community platforms?
A.
Foster discussions
B.
Increase isolation
C.
Reduce interaction
D.
Limit participation
Correct Answer:
A
Commenting and messaging can foster discussions and community interactions, promoting engagement.
#Question
How does the concept of digital scarcity operate in the NFT space?
A.
Drives value through limited supply
B.
Increases physical goods
C.
Eliminates ownership
D.
Decreases demand
Correct Answer:
A
Digital scarcity helps drive value, as limited supply often leads to increased interest in NFTs.
#Question
Which potential problem can occur with vibrant, speculative NFT markets?
A.
Increased loyalty
B.
Market collapses
C.
Decreased transparency
D.
Enhanced community support
Correct Answer:
B
Speculative markets can lead to volatility and eventual collapse, risking project sustainability.
#Question
What is the significance of user experience (UX) in NFT marketplaces?
A.
Enhances satisfaction
B.
Increases costs
C.
Reduces engagement
D.
Limits accessibility
Correct Answer:
A
A good user experience encourages satisfaction and repeat business in NFT marketplaces.
#Question
How can artists benefit directly from NFT sales?
A.
By avoiding fees
B.
Through direct sales
C.
Via third-party platforms
D.
Through royalties
Correct Answer:
B
Artists benefit directly by selling their work as NFTs, bypassing traditional galleries.
#Question
Why might an NFT project incorporate gamification elements?
A.
To confuse users
B.
To disengage community
C.
To increase user interaction
D.
To limit creativity
Correct Answer:
C
Gamification encourages increased user interaction and engagement with the NFT project.
#Question
Why should NFT developers be aware of legal implications in their work?
A.
To manipulate the system
B.
To avoid responsibility
C.
To increase complexity
D.
To ensure compliance
Correct Answer:
D
Being aware of legal implications helps ensure compliance and avoids potential liabilities.
Certified NFT Developer - Blockchain Council
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