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. You can read more about Crypto Art

What is NFT?
A non-fungible token (NFT) is an additional file that creates a unique signature. These can be photos, music, tweets, web posts, physical devices, and many other digital formats.

This means someone can have your digital information (and tag it with a number to distinguish each digital copy).

Investing in NFTs
As with real estate, art, and other cryptocurrencies, the biggest risk for NFT investors is whether the product retains its value. Token holders can get stuck in NFTs if the NFTs aren’t popular and people don’t want to buy them.
Environmental impact of NFTs
Like all cryptocurrencies, NFTs have a major impact on the environment. The NFT industry needs to be identified by blockchain for accessibility, thus using a huge amount of energy.

The average NFT design has a carbon footprint of over 200 kg. It’s almost equivalent to driving 500 miles in an American gas-powered car.

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