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Computer Pictures Called NFTs Not Worth Much

   

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NFTs are special kinds of digital pictures that people can buy and sell. Recently, they have become less popular, and not as many people are buying them. This means they are worth less money than before. Some people who make NFTs or have jobs because of them are losing their work.

Even though NFTs are not as popular, some people think this is a good time to buy them because they are cheaper. One person bought a special NFT for a lot of money because they thought it was a good deal. There are new ideas for NFTs, like toys, and things to make people want to buy them. But experts say NFTs might not be as crazy as before.

A man who knows a lot about NFTs says the time when they were super popular is over. He thinks it’s important to have good businesses with NFTs, not just buying them to make money fast. Some people lost money because of this. But there is hope that NFTs can become popular again if people try new things.

Original news source: Whatever happened to NFTs? (BBC)

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Group or Classroom Activities

Warm-up Activities:

– News Summary
Instructions: Students will work in pairs. Each student will take a turn summarizing the article in their own words, trying to capture the main points in under one minute. After both students have finished, they will discuss what they think are the most important details.

– Opinion Poll
Instructions: Create a list of statements about NFTs based on the article (e.g., “NFTs are a good investment right now,” “NFTs will become popular again”). Students will walk around the classroom and ask their classmates whether they agree or disagree with each statement, tallying up the results. Afterwards, discuss as a class which statements had more agreements or disagreements and why.

– Vocabulary Pictionary
Instructions: Write down key vocabulary from the article (e.g., NFTs, digital, popular, value, invest, experts) on slips of paper. Divide the class into two teams. Players take turns drawing the word on the board without speaking or writing any letters or numbers, while their team guesses the word. Set a time limit for each turn. The team with the most correct guesses wins.

– Future Predictions
Instructions: Ask students to imagine the future of NFTs and write down their predictions. They can think about whether NFTs will increase in popularity, how they might change, and what new uses could be developed. After writing, students can share their predictions with the class or in small groups, and discuss the possibilities.

– Think-Pair-Share
Instructions: Pose a question to the class based on the article, such as “Do you think it’s a good idea to invest in NFTs when their value is low?” Students will take a moment to think about their answer, then pair up with a partner to discuss their thoughts. After a few minutes, bring the class back together and have volunteers share what they discussed.

Comprehension Questions:

1. What are NFTs?
2. Are NFTs as popular as they used to be?
3. How has the value of NFTs changed recently?
4. What has happened to some people’s jobs because of NFTs?
5. Why do some people think now is a good time to buy NFTs?
6. What new ideas are there for NFTs?
7. What does the man who knows a lot about NFTs think is important for the future of NFTs?
Go to answers ⇩

Listen and Fill in the Gaps:

NFTs are special kinds of digital pictures that people can buy and sell. Recently, they have (1)______ (2)______ popular, and not as many people are (3)______ them. This means they are worth less money than before. Some people who make NFTs or have jobs because of them are (4)______ their (5)______.

Even though NFTs are not as popular, some people think this is a good time to buy them because they are cheaper. One (6)______ bought a special NFT for a lot of money because they thought it was a good deal. There are new (7)______ for NFTs, like toys, and (8)______ to make people want to buy them. But experts say NFTs might not be as crazy as before.

A man who knows a lot about NFTs says the time when they were (9)______ popular is over. He thinks it’s important to (10)______ good businesses with (11)______, not just buying them to make money fast. Some (12)______ lost money because of this. But there is hope that NFTs can become popular again if people try new things.
Go to answers ⇩

Discussion Questions:

Students can ask a partner these questions, or discuss them as a group.

1. What is an NFT?
2. How would you feel if something you bought became worth less money?
3. Do you like the idea of buying digital pictures?
4. Do you think it’s a good idea to buy something just because it is cheap? Why or why not?
5. Have you ever bought a toy that was very special? What made it special?
6. What do you think about people losing their jobs? Is it always a bad thing?
7. If you had money, would you buy an NFT now? Why or why not?
8. Do you think it’s important to have a good business or to make money fast? Why?
9. Have you or someone you know ever lost money on something? How did that feel?
10. What new ideas do you think could make NFTs popular again?
11. Do you think NFTs will ever be as crazy popular as they were before? Why or why not?
12. Can you think of something that was very popular and then became less popular? What was it?

Individual Activities

Vocabulary Meanings:

Match each word to its meaning.

Words:
1. NFTs
2. digital
3. popular
4. worth
5. cheaper
6. toys
7. experts
8. businesses

Meanings:
(a) Costing less money
(b) People who know a lot about a certain topic
(c) Companies or stores that sell things
(d) Things to play with, like dolls or action figures
(e) Special kinds of pictures you can buy and sell online
(f) Liked by many people
(g) The value of something
(h) Something that is on the computer or internet
Go to answers ⇩

Multiple Choice Questions:

1. What are NFTs?
(a) Traditional paintings
(b) Physical sculptures
(c) Musical instruments
(d) Special kinds of digital pictures

2. Why have NFTs become less popular?
(a) Not as many people are buying them
(b) They are too expensive
(c) They are too hard to find
(d) They are not unique

3. What is happening to the value of NFTs?
(a) They are worth more money than before
(b) They are not worth anything
(c) Their value has stayed the same
(d) They are worth less money than before

4. What are some new ideas for NFTs?
(a) Cars and houses
(b) Food and drinks
(c) Toys and things to make people want to buy them
(d) Clothes and shoes

5. What does a man who knows a lot about NFTs think about their popularity?
(a) The time when they were super popular is over
(b) They will always be super popular
(c) They will never be popular again
(d) They will be popular forever

6. What does the man think is important about NFTs?
(a) Buying as many NFTs as possible
(b) Having good businesses with NFTs
(c) Selling NFTs quickly
(d) Making NFTs as expensive as possible

7. What happened to some people who bought NFTs to make money fast?
(a) They became rich
(b) They lost money
(c) They didn’t make any money
(d) They became famous

8. What is the hope for NFTs in the future?
(a) They will never be popular again
(b) They will disappear completely
(c) They can become popular again if people try new things
(d) They will become popular without any effort

Go to answers ⇩

True or False Questions:

1. There are no new ideas for NFTs, like toys, to make people want to buy them.
2. There is hope that NFTs can become popular again if people try new things.
3. One person bought a special NFT for a lot of money because they thought it was a good deal.
4. A man who knows a lot about NFTs says the time when they were super popular is over.
5. Recently, not as many people are buying NFTs, so they are worth less money.
6. Even though NFTs are extremely popular, some people think it’s a bad time to buy them because they are overpriced.
7. Some people who make NFTs or have jobs because of them are thriving in their work.
8. NFTs are physical pictures that people can buy and sell.
Go to answers ⇩

Write a Summary:

Write a summary of this news article in two sentences.




Writing Questions:

Answer the following questions. Write as much as you can for each answer.

1. What has happened to NFTs recently?
2. How do some people feel about buying NFTs now?
3. What did one person do with a lot of money and an NFT?
4. What are some new ideas for NFTs?
5. What does the man who knows a lot about NFTs think is important for the future of NFTs?

Answers

Comprehension Question Answers:

1. What are NFTs?
NFTs are special digital pictures that people can buy and sell.

2. Are NFTs as popular as they used to be?
No, NFTs are not as popular now and fewer people are buying them.

3. How has the value of NFTs changed recently?
The value of NFTs has gone down, so they are worth less money now.

4. What has happened to some people’s jobs because of NFTs?
Some people who make NFTs or have jobs related to them are losing their work.

5. Why do some people think now is a good time to buy NFTs?
Some people think it’s a good time to buy NFTs because the prices are lower, so they are cheaper.

6. What new ideas are there for NFTs?
There are new ideas like making NFT toys to make people interested in buying them again.

7. What does the man who knows a lot about NFTs think is important for the future of NFTs?
He thinks it’s important to have good businesses with NFTs and not just buy them to make money quickly.
Go back to questions ⇧

Listen and Fill in the Gaps Answers:

(1) become
(2) less
(3) buying
(4) losing
(5) work
(6) person
(7) ideas
(8) things
(9) super
(10) have
(11) NFTs
(12) people
Go back to questions ⇧

Vocabulary Meanings Answers:

1. NFTs
Answer: (e) Special kinds of pictures you can buy and sell online

2. digital
Answer: (h) Something that is on the computer or internet

3. popular
Answer: (f) Liked by many people

4. worth
Answer: (g) The value of something

5. cheaper
Answer: (a) Costing less money

6. toys
Answer: (d) Things to play with, like dolls or action figures

7. experts
Answer: (b) People who know a lot about a certain topic

8. businesses
Answer: (c) Companies or stores that sell things
Go back to questions ⇧

Multiple Choice Answers:

1. What are NFTs?
Answer: (d) Special kinds of digital pictures

2. Why have NFTs become less popular?
Answer: (a) Not as many people are buying them

3. What is happening to the value of NFTs?
Answer: (d) They are worth less money than before

4. What are some new ideas for NFTs?
Answer: (c) Toys and things to make people want to buy them

5. What does a man who knows a lot about NFTs think about their popularity?
Answer: (a) The time when they were super popular is over

6. What does the man think is important about NFTs?
Answer: (b) Having good businesses with NFTs

7. What happened to some people who bought NFTs to make money fast?
Answer: (b) They lost money

8. What is the hope for NFTs in the future?
Answer: (c) They can become popular again if people try new things
Go back to questions ⇧

True or False Answers:

1. There are no new ideas for NFTs, like toys, to make people want to buy them. (Answer: False)
2. There is hope that NFTs can become popular again if people try new things. (Answer: True)
3. One person bought a special NFT for a lot of money because they thought it was a good deal. (Answer: True)
4. A man who knows a lot about NFTs says the time when they were super popular is over. (Answer: True)
5. Recently, not as many people are buying NFTs, so they are worth less money. (Answer: True)
6. Even though NFTs are extremely popular, some people think it’s a bad time to buy them because they are overpriced. (Answer: False)
7. Some people who make NFTs or have jobs because of them are thriving in their work. (Answer: False)
8. NFTs are physical pictures that people can buy and sell. (Answer: False)
Go back to questions ⇧

How about these other Level 2 articles?

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