OSF's Red Lite District Up For Auction At Sotheby's

Rektguy co-founder OSF announced that Red Lite District is on auction at Sotheby's.

❗ Why It Matters

OSF headlined the NFT art scene last year, and a community has formed around his works of art. And he said it all began with "Red Lite District," which also acts as a utility token for lifetime monthly airdrops.

🧠 Need to Know

• The auction for RLD Edition #44 (out of 210) ends at 11:05 a.m. PT on March 31st.
• The estimate was set at 15,000 - 25,000 USD, and at the time of writing, the current bid is 17,000 USD (21 bids) with 7 days remaining.
• The floor price on OSF's Red Lite District collection on OpenSea is 12.69 ETH (~$22,500 USD).
• The bidder will also receive the entire set of 11 editions from Season 1 (ERC-1155):
  • FUCK CASH GRABS, professional degen 3, The Rekt Show, cruising, UPEROL SPRITZ, Send It!, Radio City, The Penrose Hotel, Insomnia, LAST ORDERS, Tin Tin Tatouages, FUCK CASH GRABS 2

🎤 Founder Feedback

4. It was originally meant to be a 1/1, but I liked how it came out and wanted to test @manifoldxyz - so I decided to make it an edition of 210, priced at 0.069ETH each.

Believe it or not, it didn't sell out. A lot of allowlists didn't buy, and I gave some away to fam/friends. pic.twitter.com/ACwtvACVtG

— OSF (@osf_rekt) March 24, 2023

🕳️ Go Deeper

• Sotheby's Auction Link for "Red Lite District #44 + Editions Season 1" Here
• OSF blog post on Mirror: OSF art, rektguy and beyond (June 6, 2022)
• NFT Artist Recap | OSF, XCOPY x Deca, Justin Aversano, and More (June 3, 2022)