Blockchain-Enabled Business and Revenue Models BBLC Practice Questions (Page 1)

Questions 1–5

1. 1expert · hard

   A blockchain gaming company is designing a token to reward players for completing quests and winning battles. They want the token to have long-term value and prevent inflation. Which tokenomics strategy would best achieve this?

   • AImplement a token burn mechanism where a portion of tokens used for in-game purchases is destroyed, reducing supply over time
   • BSet a fixed supply and never adjust it, regardless of player growth
   • CAllow players to sell tokens directly to the company for fiat currency at a fixed rate
   • DMint an unlimited supply of tokens to ensure there are always enough rewards for players
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A startup is designing a token for its decentralized ride-sharing platform. The goal is to incentivize drivers to provide quality service and riders to behave respectfully. Which tokenomic design best aligns these incentives?

   • AIssuing all tokens to the founding team and requiring users to purchase them on exchanges
   • BRewarding drivers with tokens for high ratings and riders with tokens for positive reviews
   • CDistributing tokens equally to all users at launch without any ongoing rewards
   • DBurning tokens for every negative review
   Reveal Solution Discussion Select an answer first
4. 3application · medium

   A blockchain gaming company wants to generate ongoing revenue while keeping the base game free to attract users. Which revenue model is most suitable?

   • ASelling advertising space within the game
   • BCharging a one-time upfront fee for the game
   • CSelling in-game items as non-fungible tokens (NFTs) with a royalty on secondary sales
   • DRelying solely on donations from players
   Reveal Solution Discussion Select an answer first
5. 4expert · hard

   A blockchain-based crowdfunding platform wants to incentivize early backers of projects. They plan to issue a token that gives backers a share of the project's future revenue. However, they are concerned about regulatory classification. Which token design would best align incentives while minimizing regulatory risk?

   • AIssue a security token that clearly represents an investment contract with revenue sharing
   • BIssue a utility token that provides access to the platform's services and discounts on future projects, rather than a share of revenue
   • CIssue a reward token that is given to backers but has no explicit utility or value
   • DIssue a payment token that can be used to buy goods and services within the platform
   Reveal Solution Discussion Select an answer first
6. 5expert · hard

   A traditional insurance company wants to use blockchain to automate claim payouts. They face a trade-off between reducing administrative costs and ensuring that claims are thoroughly verified. Which approach best balances these concerns?

   • AUsing smart contracts that automatically pay out based on predefined conditions
   • BUsing a DAO to vote on every claim
   • CKeeping manual claim review and using blockchain only for record-keeping
   • DEliminating all claim verification and paying out automatically
   Reveal Solution Discussion Select an answer first