#learn2earn $INIT #CryptoFees101
Solve the INIT coin test in the Learn and Earn program
What is Initia (INIT)?
Question 01/10
What is Initia?
(Select the best answer)
C) A first-layer blockchain focused solely on decentralized finance
B) A first-layer blockchain designed for a multi-chain future
D) Cryptocurrency wallet provider
A) A decentralized trading platform
The correct answer is B
Question 02/10
How does the Interwoven Stack assist developers?
(Select the best answer)
A) By providing free cloud storage
D) By automatically writing smart contract codes
B) By providing marketing services for new applications
C) By reducing complexity and providing integrated tools to build application chains
The correct answer is C
: How does the VIP program support application chains?
(Select the best answer)
A) By providing direct funding to application design teams
B) By supporting user acquisition and early monetization through compatible incentives
C) By offering free advertising
D) By ensuring a certain number of users
The correct answer is B
Question 04/10
How are rewards distributed in the VIP program?
(Select the best answer)
B) Based on the economic activity of application chains and community voting
A) Equally among all users on the network
C) Only for developers building on Initia
D) Randomly through a lottery system
The correct answer is B
Question 05/10
What common problem does Initia aim to solve for blockchain application chains?
(Select the best answer)
D) Slow transaction confirmations
C) Low user activity due to complex infrastructure and incompatible incentives
A) High network transfer fees
B) Lack of operational compatibility
The correct answer is C
Question 06/10
What parties allow the Interwoven Stack to communicate seamlessly among them?
(Select the best answer)
B) Between different first-layer blockchains only
C) Between application chains, Initia L1, and other blockchain systems
D) Between Initia developers only
A) Between users and applications only
The correct answer is C
Question 07/10
What is the name of the comprehensive toolkit of Initia for building application chains?
(Select the best answer)
B) Application chains framework
C) The Interwoven Stack
A) Initia launch platform
D) VIP Group
The correct answer is C
Question 08/10
What is the goal of designing the Earned Benefits Program (VIP)?
(Select the best answer)
D) Managing validator nodes in the first layer
B) Providing exclusive access to new token launches
C) Achieving consistency in incentives and helping application chains in the early growth stage
A) Offering discounts on trading fees
The correct answer is C
: Question 09/10
What does Initia aim to create through its interconnected architecture?
(Select the best answer)
B) A faster first layer
C) An amazing interconnected multi-chain ecosystem
D) Private network
A) One super app
The correct answer is C
: Question 10/10
What is the main goal of Initia?
(Select the best answer)
C) Focusing solely on NFT markets
D) Replacing the Ethereum network
B) Providing a platform for application chains to achieve sustainable growth
A) Providing the highest transaction completion speed
The correct answer is B
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