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Test Your Knowledge

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The History of NFT Art and Its Most Expensive Sales

1. What is the key feature of NFT Art that distinguishes it from traditional art?


A) NFT Art is physically stored in galleries

B) NFT Art is verified and traded on the blockchain

C) NFT Art cannot be resold

D) NFT Art is only accessible to a local audience

2. What was the first NFT created, marking the beginning of the NFT Art movement?


A) CryptoPunks

B) Everydays: The First 5000 Days

C) Quantum

D) The Merge

3. Which of the following is a disadvantage of NFT Art?


A) Lower barriers for creators

B) Royalties for resale

C) Environmental concerns due to energy consumption

D) Higher market stability

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