Unit 4

 Exploring the concept of tokens and crypto assets, including their digital nature and fungibility

Description Unit 4

This module covers a wide array of crucial blockchain-related terms and delves into the intricacies of security measures, vulnerabilities, and audits in the context of smart contracts. A significant emphasis is placed on understanding both frontend and backend development aspects of decentralized applications, bridging the gap between user experience, interface design, and the complex backend logic that drives these systems. The module also introduces learners to the concepts of tokens and crypto assets, focusing on their digital nature and fungibility. Moreover, it explores the dynamics of Initial Coin Offerings (ICOs) and Security Token Offerings (STOs), providing a comprehensive overview of these critical elements in the blockchain and cryptocurrency domains.


Lesson 1

 Socialize the technology idiom of the day

-(The) Die Is Cast

Meaning: Once a decision is made and actions are set in motion, they cannot easily be reversed.
Example: We’ve upgraded our servers and there’s no going back now, the die is cast. 

Key vocabulary reading activity

Reading comprehension activity: "Digital Asset: Meaning, Types, and Importance"

Antonym activity

 Multiple choice activity

Pre-listening: Socialize keywords

Watch Video: "What Is a Cryptoasset?"

CoinMarketCap. (2023). What is a cryptoasset? (Explained simply) [Video]. In YouTube. https://www.youtube.com/watch?v=_JW6TRcZKC0 

True and false activity about the video

Socialize key words about "What Is An NFT? Non-Fungible Tokens Explained"

Reading comprehension #2:"What Is An NFT? Non-Fungible Tokens Explained"

Kahoot activity

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