Types of Tokens and Digital Assets BBLC Practice Questions (Page 2)

Questions 6–10

1. 6expert · hard

   A company wants to tokenize a portfolio of commercial real estate. They are considering whether to issue (a) asset-backed tokens that represent fractional ownership and pay rental income, or (b) utility tokens that provide access to a property-management platform. The company wants to raise capital from retail investors while minimizing regulatory burden. Which approach is more likely to be classified as a security and why?

   • ANeither is a security because they are digital assets.
   • BAsset-backed tokens, because they represent ownership and income rights, which are investment contracts.
   • CUtility tokens, because they provide access to a platform, which is a consumptive use.
   • DBoth are equally likely to be securities.
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   A central bank is evaluating whether to issue a digital currency for retail payments. The currency must be widely accepted, stable, and not intended for investment. Which token classification and design best fits this initiative?

   • APayment token, issued as a central bank digital currency (CBDC) with a stable value.
   • BUtility token, because it is issued by a central authority.
   • CSecurity token, because it is backed by the central bank.
   • DGovernance token, because the central bank controls it.
   Reveal Solution Discussion Select an answer first
4. 8expert · hard

   A company wants to issue a token backed by a portfolio of commodities (gold, oil, and wheat). The token should allow holders to redeem for the underlying commodities, but the company also wants to maintain a stable token price. Which design is most appropriate?

   • AIssue a payment token pegged to a single commodity, such as gold
   • BIssue an asset-backed token where each token represents a claim on a diversified basket of commodities, with a redemption mechanism
   • CIssue a governance token that allows holders to vote on commodity allocations
   • DIssue a utility token that grants access to a commodity trading platform
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   A token is issued on a blockchain and each token represents a claim on a specific quantity of gold held in a vault. What type of token is this?

   • AAsset-backed token
   • BPayment token
   • CUtility token
   • DGovernance token
   Reveal Solution Discussion Select an answer first
6. 10foundation · easy

   In tokenomics, which factor most directly influences the scarcity and potential value of a token?

   • AThe number of nodes in the network
   • BThe color scheme of the token's logo
   • CThe total supply of the token
   • DThe block time of the blockchain
   Reveal Solution Discussion Select an answer first