An investor is evaluating two NFT projects. Project A has a limited supply of 1,000 tokens and provides holders with exclusive access to a community and future airdrops. Project B has a supply of 10,000 tokens and offers no utility beyond the digital image. Both have similar community size. Which factor most likely explains why Project A tokens trade at a higher price?

Higher scarcity and additional utility

Lower transaction fees on the marketplace

Higher gas fees on the underlying blockchain

Which factor typically increases the liquidity of a tokenized asset?

A larger number of potential buyers and sellers

How can NFTs be used in the intellectual property (IP) business model?

By replacing all legal contracts with NFTs

By encrypting IP documents so only lawyers can read them

By storing IP in a centralized database

By tokenizing IP rights to enable licensing and royalty tracking

A supply chain consortium wants to tokenize purchase orders to enable automated settlement. Each purchase order is unique and tied to a specific buyer-seller agreement. Which approach best supports this?

Mint a fungible token for each purchase order

Mint an NFT for each purchase order and use smart contracts for settlement

Use a centralized database without tokens

Mint a single NFT for all purchase orders

EC-CouncilBlockchain Business Leader Certification

Domain 6Objective 2

Tokenization of Assets and NFT-Based Business Models BBLC Practice Questions (Page 3)

Part of the Business Use Cases and Trade Finance domain, which makes up ~13% of our current practice bank.

52questions here

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10concepts

Questions 11–15

11application · medium
An investor is evaluating two NFT projects. Project A has a limited supply of 1,000 tokens and provides holders with exclusive access to a community and future airdrops. Project B has a supply of 10,000 tokens and offers no utility beyond the digital image. Both have similar community size. Which factor most likely explains why Project A tokens trade at a higher price?
Select an answer first
12foundation · easy
Which token standard is commonly used to create non-fungible tokens (NFTs) on Ethereum?
Select an answer first
13foundation · easy
Which factor typically increases the liquidity of a tokenized asset?
Select an answer first
14foundation · easy
How can NFTs be used in the intellectual property (IP) business model?
Select an answer first
15application · medium
A supply chain consortium wants to tokenize purchase orders to enable automated settlement. Each purchase order is unique and tied to a specific buyer-seller agreement. Which approach best supports this?
Select an answer first

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Tokenization of Assets and NFT-Based Business Models BBLC Practice Questions (Page 3)

Questions 11–15

Which token standard is commonly used to create non-fungible tokens (NFTs) on Ethereum?

Which factor typically increases the liquidity of a tokenized asset?

How can NFTs be used in the intellectual property (IP) business model?

A supply chain consortium wants to tokenize purchase orders to enable automated settlement. Each purchase order is unique and tied to a specific buyer-seller agreement. Which approach best supports this?

Keep studying — Business Use Cases and Trade Finance