Financial Blockchain Business Models BFC Practice Questions (Page 7)

Questions 31–35

1. 31expert · hard

   A startup is designing a blockchain-based platform for carbon credit trading. The platform will issue tokens representing verified carbon credits. The startup plans to generate revenue by charging a fee on each trade and by holding a reserve of tokens that may appreciate. The startup is considering whether to classify the tokens as utility or security tokens. Which factor is most decisive in this classification?

   • AWhether the token's value is derived from the efforts of the startup in developing the platform.
   • BWhether the token is used for governance in the platform.
   • CWhether the token is backed by a physical asset.
   • DWhether the token can be traded on secondary markets.
   Reveal Solution Discussion Select an answer first
2. 32application · medium

   A blockchain platform for cross-border payments is considering whether to open its API to third-party developers. The platform currently earns fees from banks and payment service providers. The management team wants to increase the platform's value and revenue. Which strategy best leverages network effects?

   • AKeep the API closed to maintain exclusivity and charge higher fees
   • BIncrease transaction fees to generate more revenue per user
   • CReduce the number of participating banks to simplify operations
   • DOpen the API to third-party developers to create more use cases and attract more end users
   Reveal Solution Discussion Select an answer first
4. 33foundation · easy

   What is the primary purpose of a utility token in a blockchain business model?

   • ATo provide access to a product or service on a platform
   • BTo serve as a medium of exchange for goods and services
   • CTo represent ownership in a company
   • DTo pay dividends to token holders
   Reveal Solution Discussion Select an answer first
5. 34foundation · easy

   Which of the following is a revenue stream enabled by token economics in a blockchain financial platform?

   • ASelling physical hardware to users
   • BCharging users for every block mined on the network
   • CSelling tokens to investors during an initial coin offering (ICO)
   • DEarning interest from central bank reserves
   Reveal Solution Discussion Select an answer first
6. 35application · easy

   A new blockchain-based insurance platform offers parametric insurance for flight delays. When a flight is delayed, a smart contract automatically pays the policyholder. The platform charges a small fee per policy. Which business model is this platform using?

   • AToken-based model, where revenue comes from token appreciation.
   • BPlatform ecosystem model, where revenue comes from third-party developers.
   • CSubscription model, where users pay a recurring fee for access to the platform.
   • DFee-for-service model, where revenue comes from transaction fees on each policy.
   Reveal Solution Discussion Select an answer first