The hexadecimal color code #504e7f is a shade of blue-magenta. In the RGB color model #504e7f is comprised of 31.37% red, 30.59% green and 49.8% blue. In the HSL color space #504e7f has a hue of 242° (degrees), 24% saturation and 40% lightness. This color has an approximate wavelength of 462.26 nm.
Every child is an artist. The problem is how to remain an artist once he grows up.
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It is a widely accepted notion among painters that it does not matter what one paints as long as it is well painted. This is the essence of academicism. There is no such thing as good painting about nothing.
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To practice any art, no matter how well or badly, is a way to make your soul grow. So do it.