What is NFT? -NFT Artist and Queer Art

Meet NFT Artist Maxwell Alexander: The NFT (non-fungible token) art world has been graced with the talents of Maxwell Alexander, an artist who has been creating captivating digital art through the use of non-fungible smart contracts on the Ethereum blockchain. While he’s had many successful token sales and NFT trades, there’s more to Maxwell than just his interesting background and his amazing artwork that takes inspiration from both anime and pop queer culture references, as well as real-life experiences such as making it in New York City as another immigrant from Russia.

NFT Summer is in full swing and exploding. Artists are making more money than they ever thought possible, and many are trying to make money during the hot western winter. Queer art are starting to carve out their own niche in NFT, and it’s up to us to support them! Here are our LGBT NFT artists who can create beautiful images and use our support.

What is NFT? Non-fungible: A special tool.
Token: A digital certificate stored on a blockchain.

Other assets such as dollars and gold are exchangeable and retain their real value when exchanged.

Non-fungible assets such as paintings and houses are not traded. For example, two Van Gogh landscapes painted in 1890 have similar aesthetic and practical value, but they are unique and irreplaceable.

What is the flavor of the place? From blockchain game CyptoKitties’ Counterparty platform to Beeple’s creations sale this month, NFTs are only growing in popularity and popularity.

Color pieces are generally considered the concept of NFTs. Since 2012, these tiny bitcoins have been used to represent assets such as digital devices and assets for business transactions.

Next came Counterparty in 2014, a Bitcoin blockchain peer-to-peer financial platform that has become a hub for creating and trading digital assets (memes and trading cards are thriving).

NFTs went to great lengths in 2017 with CryptoKitties, a blockchain game where players receive, breed and trade virtual cats.

The excellent demand for NFT in 2021 is explained by several factors.

After years of growth, cryptocurrency traders are looking to differentiate their data. Producers and collectors shut down due to the global spread have invested significant amounts of time and money in NFTs ($250 million in NFT volume changed by 2020, a 300% increase from the previous year).
The new NFT industry (see below) is easy to use and attractive to newcomers.
The actors (Grimes, Mark Cuban, Lindsay Lohan, etc.) cause a lot of stress.
How and where are NFTs changing?

Rarely, OpenSea and Nifty Gateway are just a few of many convenience stores that have made it easier to buy, sell, and discover crypto art. NFTs are created, bought and traded on the blockchain, which is usually Ethereum. To register, users use a digital wallet and create an account at one of several stores, including:

Rare – Moscow-based platform and now the largest market in the world. Our goal is to encourage artists to create affordable artwork with an average of $129 per user.

OpenSea – One of the first decentralized NFT applications and now the second largest. Judging by some like eBay for NFTs, OpenSea platforms millions of assets across hundreds of categories including subscriptions, memberships, digital art, and virtual worlds. Nifty Gateway – With an emphasis on “Nifties” aesthetics and branding, Nifty Gateway’s reputation has skyrocketed with its power on the popular “Fall” platform. Something special, users do not have to own or trade cryptocurrencies and can make purchases by credit card.

Why is the art world so obsessed with NFTs?

The emergence of online platforms that facilitate the introduction of archives opens up a dangerous and discreet market, inviting young people into the world of art. But, as Christie demonstrated with the sale of Beeple’s “Everyday: The First 5000 Days” NFT artwork, watchers are always on the lookout, and they wouldn’t be surprised if stores started the NFT market.