#GeeklyHub NFT Explained in Simple Words

😎 Struggling with your college tasks? Get your homework under control. Check out GeeklyHub and get yourself a Geek in a few clicks. Get 20% off today! https://bit.ly/3kA5Acd This video is a quick explanation of the current hype with NFTs, cryptocurrency, and how the mining process works. Welcome to GeeklyEDU by GeeklyHub! In this video our Geek is going to explain to you what is NFT and why it costs that much sometimes in simple terms. We’ll briefly go over the whole cryptocurrency system, review what is blockchain and will try to understand how digital assets are replacing physical ones. In this video: 0:00 Intro 0:20 NFT and Blockchain 1:13 Why People Are Spending Millions on NFTs? 2:39 Most Expensive NFTs 3:35 Environmental Issues ✔️ Check out our playlist with fun science videos:    • Late Night Friday Science   ✔️ We have plenty of topics in Math, Stats, Economics, Physics, Chemistry and Biology:    / @geeklyhub   #nft #cryptocurrencies #nonfungibletoken #geeklyhub