Coinbase Project Galaxy Quiz Answers: Learn & Earn $3 GAL
Coinbase Project Galaxy Quiz Answers – Participate in Coinbase learn and earn quiz campaign and win assured $3 worth of GAL tokens from this new learn and earn quiz.
To participate, you must have your account Coinbase. If you don’t have one then create your Coinbase account from the below-given registration link.
New learn and earn Project Galaxy campaign of coinbase is live now. You can participate in this new coinbase quiz and earn GAL tokens for free.
Quiz questions will generally be based on the same topic itself and therefore make sure to learn about it through the provided short lessons as well as videos.
GAL is an Ethereum token that powers Project Galaxy, a network for on- and off-chain credentials such as for credit scoring applications.
It can be used to pay for access to credential data, can be staked by curators validating the network, and can be used to vote on the future of the network.
Quiz Questions With Answers
Q1) What does Project Galaxy think should control credential data?
A. The community
D. Financial institutions
Answer: (A) The community
Q2) Which of the following can developers NOT use open credential data for?
A. Buying and selling NFTS
B. Creating loyalty campaigns
C. Calculating credit scores
D. Rewarding community contributors
Answer: (A) Buying and selling NFTS
Q3) What is NOT a possible use of the GAL token?
C. Rewarding data contributors
D. Incentive payments
Answer: (A) Staking