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If the actual Academy Awards are all about the glamour, then the afterparty must be about the nudity. Sheer, risqué black dresses ruled the red carpet at the Vanity Fair festivities, with models Irina Shayk and Gigi Hadid, plus British singer Rita Ora leading the pack. Shayk absolutely took the cake for most extreme exhibit, revealing most angles of her Victoria's Secret-approved body. Rita Ora showed a lot of butt, but the front of her dress was somewhat proper. Gigi won for most creative cut outs, in a high-slitted, under-boob showing Versace number. Peak nudity at awards show parties officially has been reached.