FIG. 01 — ABOUT GLITXZ

We sell the parteveryone elseedits out.

Glitxz started because the most interesting hour in any studio is the one nobody is allowed to see. So we built a market for it.

FIG. 02 — THE ESSAY

The art market sells certainty. A work is finished, authenticated, photographed under even light, and priced by what similar certainties fetched last season. Everything that made it interesting — the decisions, the reversals, the three weeks that went in the bin — has been sanded off before you are allowed to look. We think that is the wrong product.

Certainty is the most expensive thing in the art market. We are selling the opposite.

On Glitxz a work goes up at its first mark. Collectors bid while it moves, read the journal as it is written, and watch the artist argue with the piece in public. Some works get better than anyone expected. Some get harder to love. Both are honest, and both are recorded.

You are not buying the outcome. You are buying the hour nobody was supposed to see.

FIG. 03 — WHAT YOU ACTUALLY OWN

FIG.

TERM

WHAT IT MEANS

THE SHARE

A bid buys a recorded position in a work while it is being made. At close, the leading bid is captured and that collector takes the work; everyone who held a leading bid before then stays on the record as a co-owner of the process.

THE RECORD

Your name, or your chosen alias, entered against the work and against every journal entry that made it.

THE SETTLEMENT

Stripe pre-authorises when you bid. Nothing leaves your account. Outbid, and the hold is released the same day.

THE CLOSE

The artist closes the lot when the work is finished. Only then is the winning pre-authorisation captured.

THE FEE

12% to the house. 88% to the artist. Published on every lot page.

THE RESALE

You cannot sell your position yet. It is on the roadmap and we will not pretend otherwise until it ships.

THE VETO

There isn't one. If the artist destroys the work mid-session, every hold is released in full and the journal stays up.

FIG. 04 — PRINCIPLES

We do not take the work off the artist.
We do not stage the journal.
We do not capture money for something that is not finished.
We do not hide a lot that went badly.
We do not pretend this is safe.

FIG. 05 — THE COLLECTIVE

ARTISTS ON THE ROSTER: 5
WORKS OPEN RIGHT NOW: 3
LOTS LISTED TO DATE: 4
BIDS PLACED: 12

Come and watch something get made.

It is free to join, and there is usually something open.

See the live lots Apply as an artist