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.
This marked a basin in the world of blockchain art auctions and led to widespread recognition of crypto art in the art world. In 2021, digital artist Beeple’s eyes on “Every Day – The First 5000 Days” reached the major point of recognition in the world of blockchain art. A fully digitized version of crypto art sold at Christie’s for $69 million. This event heralds a new era not just for crypto art, but for art as a whole.
The sales make the crypto expert one of the richest people in the world today. There are now many NFT industry wallets such as OpenSea, Rarible, KnownOrigin and Nifty Gateway, each with their own vision. Art-related NFT marketplaces include Maecenas, Masterworks, Artchain.world, Aditus and Sections.
Performers can benefit from the NFT industry.
The plethora of online marketing is great news for artists and writers. Because these marketplaces are more accessible, accessible, balanced, and include more than just retail stores. Taking advantage of these new opportunities to present and sell their work, artists have created and published numerous digital images on the blockchain.
Probably the biggest benefit for artists is that they receive fair pay for their work. In the normal model, the artist generally receives 50% of the sale price of the work and the artist receives the remaining 50%. Artists do not receive tax credits if their work is sold. However, in the world of crypto art, artists can earn up to 80% or more of the initial sale price, depending on location, and 10% or more of the total second sales for their lifetime.
Best of all, you don’t need to call or trade to get this money. Cryptographically protected and backed by the self-contained smart link of the blockchain. NFTs guarantee art and follow history and value as hands change. Before blockchain, the verification process was difficult, slow, and error-prone. NFT art has also benefited writers and entrepreneurs. They want to know if the market is becoming rare and scarce liquids.
Digital drawing can benefit from NFTs and blockchain technology in many ways. Cryptographically verifiable scarcity brings value, while decentralization brings security and transparency, the benefits that make cryptocurrencies and cryptocurrencies valuable. NFT art movements will be in their infancy, but the world is warned of the dangers of sprinting.