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Lesson # 1
How AI Is Being Used in Web3 Projects Today
Blockchain Basics
1. What is the main benefit of combining AI with Web3?
A. Higher transaction fees
B. Centralized control over data
C. Smarter, more user-friendly decentralized systems
D. Eliminating NFTs completely
2. Which of the following is a real use case of AI in automation within Web3?
A. Manually approving DeFi loans
B. AI-created NFT memes
C. Smart contract optimization
D. Writing whitepapers
3. How do AI-powered trading bots like those from Kryll and 3Commas assist users?
A. Generate art for trading cards
B. Automatically execute trades using data and pre-set strategies
C. Create decentralized identity tokens
D. Design smart contracts from scratch
4. What does Ocean Protocol primarily focus on in the AI and Web3 space?
A. Building AI avatars
B. Sharing and monetizing data securely
C. Creating social media platforms
D. Replacing DAOs with AI
5. What is a key purpose of AI-driven recommendation engines in Web3?
A. To enforce user bans
B. To suggest NFTs, tokens, or tools based on user behavior
C. To update blockchain code
D. To censor online content