1) The quiz contains 12 questions about electronics, FPGAs, hardware, and IoT with prizes for participation including hardware, bits, and books. 2) The questions cover topics like resistor color codes, FPGA development boards, transistor packages, DSP slices, inductance units, filter types, recent FPGA families, capacitor equations, tradeoffs between CPU/GPU/FPGA/ASIC, IoT device projections, new IoT interfaces, and the price of an Unashield device. 3) Participants are encouraged to answer using pen and paper for fun, with results to be shared at a future Hackware version.