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Sotheby’s Art Sale Revamp and Illuvium’s Newbie Rakes in Big Profits

Change is in the Air at Sotheby’s

Sotheby’s auction house has recently taken significant steps to address feedback regarding diversity in their art sales. The upcoming event, titled “Glitch: Beyond Binary,” is slated to open its bidding on April 19. This reboot follows a previous auction that was criticized for its lack of inclusivity.

From Criticism to Change

The auction, which was originally part of the Natively Digital: Glitch-ism series, had to hit the brakes after NFT artist Patrick Amadon spoke out about the absence of female representation. With a loyal following of over 142,000, Amadon’s statement prompted Sotheby’s to reassess and revamp their approach.

  • New curators: The talented curators of “Glitch: Beyond Binary,” @letsglitchit and @thedinachang, will be in charge of the event.
  • Diversity focus: Sotheby’s aims to highlight the contributions of diverse artist communities in Glitch Art.

Illuvium’s Newcomer Hits the Jackpot

In an entirely different world, a budding player of Illivium: Beyond has struck gold—literally! A lucky newcomer unearthed the elusive “Holo Blazing Rhamphyre” character and flipped it for an astonishing $49,128.85! That’s a return on investment that would make even Wall Street brokers weep with envy—approximately 140,525% in profit!

How Did This Happen?

The lucky player found this rare Illuvitar hidden in a D1SK, a digital treasure chest that costs a mere $32. It’s like buying a lottery ticket and winning every time! Here’s what made this sale particularly notable:

  • Sold for 25.9875 ETH on the blockchain.
  • Competing against others in the thrill of the digital hunt.

Ukraine Takes the NFT Route

In heartwarming news, Ukrainian President Volodymyr Zelenskyy has entered the NFT arena by signing the first in the “UACatsDivision” collection. Featuring heroic cats of the Ukrainian Armed Forces, these NFTs aim to support military efforts, with 100% of funds raised going straight to the troops. As of now, over 3,026 kitty NFTs have fluttered out of cyberspace!

Why Go for Cats?

We’re not sure if it’s the internet’s inherent love for felines or something else, but cats have certainly found their place in the crypto world. As the world watches Ukraine’s resilience, these adorable NFTs serve both a purpose and a smile amidst trying times.

In Other Nifty News…

The NFT scene is buzzing with activity. Bitcoin miners have reportedly garnered more than $5 million through creating NFT inscriptions with the Ordinals protocol. This surge in activity has seen transaction fees climb a whopping 240%!

A Lesson in Bidding Mistakes

In a cautionary tale, an NFT collector recently bid a staggering 100 Ether for an NFT that was meant to come free. While some suspect it was a wash trade, others believe it was merely a case of fat fingers at play. But let’s be honest, it’s the kind of expensive mistake that could ruin your coffee break.

Conclusion

As we look towards the future of art and digital collectibles, it’s clear that innovation and community feedback are key to keeping these spaces vibrant. Whether it’s tackling diversity in the art world or a lucky break in gaming, there’s never a dull moment!

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