Steemit Crypto Academy Contest Season 2 Week 4 [Summary] - What are NFTs?

The fourth week of the engagement challenge, which took place from June 27 to July 03, 2022, ended to close the second season of this competition full of competition and success. In this report we will summarize all the data we had during this period and concerning your participation in the competition organized by the Steemit Crypto Academy community which aimed to study the main topics related to NFTs.

As mentioned before, the theme of the week four contest was Non-Fungible Tokens NFTs, in which users were asked to give their opinion on the following points:

• Using your own words to define non-fungible tokens: NFT, and to show the difference between fungible and non-fungible tokens.

• Are NFTs interchangeable? What are the differences between an NFT and other currencies? Is there an NFT marketplace? And how to invest in NFTs?

• How to create a new NFT and is it possible to have an NFT stolen? And why use a distributed file system like IPFS in this area?

• How are NFTs used in art, video games and collectible card games? And how are NFTs revolutionizing property titles?

• How are NFTs regulated? And what are the solutions to the limits of NFT development?

In general we have received some good posts this season in terms of content quality, with many users who did not participate in this week and as I noticed most of them were busy creating new communities to get booming support for the next period, but also what contributes to this drop is the degree of difficulty of this subject which was higher compared to last weeks and we hope to discover other competent participants in the coming seasons. So without talking too much, we go directly to the stats and nominations.

In this fourth week, we checked a total of 29 entries which were not all accepted because they did not meet all the conditions of participation. Below is a summary table that categorizes these entries.

From the performance graph above, good scores dominated with 52%, followed by average scores with 25%. Of the total number of entries, with 3% hit the excellent domain, with absence of below-average articles. In other side plagiarized and invalid entries are 3% and %14 respectively.

At the end of this adorable second season, we can only appreciate the efforts of the users who participated in this fourth week and we invite everyone to ensure that their articles are checked in complete transparency. And for users who deliberately commit plagiarism, they are muted within the academy and we hope this will serve as an example for everyone; so let's make the STEEM ecosystem healthy through our collective efforts. Thanks.

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@steemitblog