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Sotheby's Reboots Glitch Digital Art Auction, Novice Gamer Finds $49K Worth of NFTs

By Christopher Smith
Apr 18, 2023
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Sotheby's has made major changes to its latest art sale after receiving feedback from the community about the lack of diversity. Meanwhile, newcomers to Illivium: Beyond made a whopping 140,525% profit by finding the game's most elusive character.

Sotheby's Reboots Glitch Digital Art Auction After Addressing Diversity Issues

Sotheby's has announced that its upcoming digital art auction, "Glitch: Beyond Binary," will open for bidding on April 19. Glitch: Beyond Binary is a reboot of last month's "Natively Digital: Glitch-ism" auction, which was temporarily suspended due to criticism over a lack of diversity.

In a tweet on April 13, Sotheby's announced the art sale, saying it would "highlight the diverse community of artists that make up Glitch Art." In a statement issued that day, Sotheby's emphasized that the auction will represent people from all walks of life:

“These communities are not just men or women, but include people from every gender identity and expression, sexual orientation, race, ethnicity, language, neurotype, body type, ability, class, religion, culture, subculture, political opinion, age, skill level, occupation and background."

Sotheby's initially suspended the sale on March 27 after popular NFT artist Patrick Armadon told his 142,400 followers that he would be withdrawing from Sotheby's upcoming "Native Digital: Glitchism" art auction He works to protest the lack of representation of women. In a statement on April 12, Illivium revealed that new players to its online game Illuvium: Beyond have discovered the rarest Illuvitar to date the coveted "Holo Blazing Rhamphyre" and sold it for a staggering $49,128.85. Priced to sell.

The lucky player found the rare Illuvitar in "D1SK," a digital loot box containing random illuviators and accessories for just $32, netting the player about 140,525%.

Ukrainian president signs first NFT in collection supporting army

On April 9, Ukrainian President Volodymyr Zelenskyy signed the country’s first non-fungible token (NFT) in a series called “UACatsDivision,” featuring cats from the Ukrainian Armed Forces, with all funds donated to Ukraine army. At the time of writing, 3,026 of the 10,000 NFT cats have been purchased.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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