Sotheby's Pauses NFT Auction for Fair Representation
Sotheby's has postponed its Natively Digital: Glitch-ism auction to address an underrepresentation of diverse artists.
The Deets
- Reassessing its sale for a more equitable and diverse group of artists
- Working closely with the community for an artist-driven representation
- Planning an exhibition and panel event at Sotheby's New York during NFT NYC
- New sale dates and artist lineups to be announced
The Details
Sotheby's decision to pause the Natively Digital: Glitch-ism auction aims to redress the imbalance in representation within the sale. By working closely with the community, the auction house ensures that the upcoming relaunch will be driven by artists and encompass a diverse range of digital creators.
In conjunction with the sale's relaunch, Sotheby's plans to host an exhibition and a panel event during NFT NYC at its New York location. This event will be dedicated to the new curation and provide a platform for underrepresented communities of Glitch artists who are active in the NFT space.
Updates on new sale dates and artist lineups will be available soon, with the decision to be reflected on Sotheby's website. Current bidders will be contacted regarding the next steps.
Why It Matters
This move by Sotheby's highlights the importance of inclusivity and diversity in the ever-growing NFT and crypto ecosystem. By addressing representation concerns, Sotheby's is setting a precedent for other institutions to follow, ensuring that the art world becomes more equitable and inclusive.
This development will create more opportunities for underrepresented artists in the NFT space, fostering a diverse range of perspectives and enriching the creative landscape.
Founder's Feedback
We appreciate the community for raising this concern and to the artists in the sale, thank you for supporting this decision.Sotheby's
Take Action
Stay tuned for updates on the new sale dates and artist lineups on Sotheby's website. Current bidders will be informed about the next steps shortly.
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