This is the new, more accepted and widely used version of a flag for gay men specifically, similar to the lesbian, bisexual, transgender flags, rather than something to be used by the whole community like the rainbow flag, created by user gayflagblog in 10th of July of 2019. The previous version was contested due to doubts of its intentions, the creators intentions, and the meaning of the colors. Ever since its creation, this one has been more common and accepted by everyone.
"The green (Community) and teal (Joy) in the flag represent Nature. I thought this was important because love between men is often seen as “unnatural” in the eyes of society and in religion. Furthermore, gay men have historically used green flowers and plants (Carnations, hyacinths, etc.) to symbolize our love, reinforcing our connection with Nature.
The white stripe is adopted from the Trans Pride flag because trans, nb, and GNC men are often erased or talked over and need explicit representation. We have a lot of unadressed and blatant Transphobia, internalized Homophobia, and Toxic Masculinity directed towards GNC/non-cis men in our community that we need to address and resolve.
The purple (Fortitude) and indigo (Diversity) in the flag represent diversity in presentation, relationships, &amp; life experience. We’re so often stereotyped as all fitting into these neat little categories, especially by those who choose to fetishize us &amp; by non-MLM, but in reality there are so so many different ways to be a man and so many ways to be a man who loves or who is in a relationship with other men, and this needs to be emphasized.
Purple is a mix of blue and red, and seeing as common criticism of other gay man flag proposals is “oh blue for boy? bleh”, I decided to have a light blue stripe leading into a deep purple to symbolize how some of us might be stereotypical, some of us might not be, and some of us are in-between or fluid. Regardless, we should all be celebrated and respected.

This flag is inclusive of all gay men. This includes Aro, Questioning/Unsure, NB, Ace, &amp; Gay men that are Gender Non Conforming, be you Masc, Fem, or Androgynous in any way! Same goes for gay men of any religious background," from gaymansflag.
https://gayflagblog.tumblr.com/post/186181118619/
User "gayflagblog" on tumblr