CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has launched India’s 1st Blockchain-based non-fungible tokens for auctioning digital assets?
A
Unocoin
B
Paxful
C
BuyUcoin
D
WazirX
Explanation: 

Detailed explanation-1: -Nischal Shetty, Founder, WazirX said, “We are delighted to launch one of India’s first NFT marketplace. Since our inception, we have been at the forefront of innovation and empowered our customers with value-added offerings.

Detailed explanation-2: -JorrParivar by Digital Pratik claims to be the country’s very-first community-driven NFT project consisting of 1, 254 NFTs around 22 IPs with a primary focus on the practicalities of branding, marketing, and motivation.

Detailed explanation-3: -History. The first known “NFT", Quantum, was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy’s wife, Jennifer.

Detailed explanation-4: -As noted, the world’s first NFT was minted by Kevin McCoy on Namecoin in 2014. It’s called “Quantum, ” and was sold in 2021 via Sotheby’s for $1.47 million.

Detailed explanation-5: -Crypto exchange Coinbase opens up NFT marketplace to all users.

There is 1 question to complete.