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What is the Metaverse commonly described as?

A) A virtual reality space where users interact with a computer-generated environment and other users

B) A social media platform

C) A decentralized file-sharing network

D) A traditional gaming console

The Metaverse integrates elements of virtual reality (VR), augmented reality (AR), and blockchain technology to create immersive, interactive environments.

True

False

Which major tech companies are heavily involved in building the Metaverse?

A) Microsoft and Google

B) Amazon and Facebook (Meta)

C) Sony and Facebook (Meta)

D) Apple and Sony

Which cryptocurrency is widely used for transactions within many Metaverse platforms?

A) Bitcoin

B) Ethereum

C) Dogecoin

D) Cardano

The Metaverse is fully operational and used by most internet users.

True

False

Which gaming platform is considered a major player in the Metaverse space?

A) Roblox

B) PlayStation

C) Xbox

D) Nintendo

How are NFTs (Non-Fungible Tokens) connected to the Metaverse?

A) They are used to store cloud data

B) NFTs represent ownership of digital assets, such as virtual land, in the Metaverse

C) They serve as avatars for Metaverse users

D) NFTs are not used in the Metaverse

In the Metaverse, virtual property and in-game items can be bought, sold, and owned through blockchain technology and NFTs.

True

False

Which sector is predicted to be one of the most significant in shaping the Metaverse economy?

A) Traditional retail

B) Digital entertainment and gaming

C) The automotive industry

D) Physical real estate

What is a key challenge facing the development of the Metaverse?

A) Lack of interest

B) Limited internet access globally

C) Privacy and data security concerns

D) Hardware availability

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