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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)

After a series of social media posts hinting at it, Italian supercar-maker lamborghini key replacement has finally announced its first NFT (non-fungible token) project. Dubbed Space Key and developed in collaboration with an unknown artist It is built on a piece of advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

In collaboration with NFT PRO(tm)

Lamborghini, the Italian automobile manufacturer is making its first step into non-fungible tokens (NFTs). The new project, called the Space Key, is a work of art created in collaboration with an unknown artist. The one-of-a-kind NFT is a tangible object that links to exclusive digital artwork that can be accessed via a QR code on the back. The project is a limited edition and will be auctioned off in the coming weeks.

The Space Key is made of a carbon composite material that Lamborghini as part of a research project in 2019 was sent to the International Space Station. When it returned to earth the carbon fiber was then sculpted into this unique art. The physical object is inscribed with an NFT serial number which ties to the corresponding digital artwork by using a QR code on the back.

For those who aren't in the aware, NFTs are unique identifiers stored on a blockchain ledger and tied to an digital asset such as a photo, video or any other recording. This allows owners to verify the authenticity, scarcity, and the trackability of their tokens through the internet.

Working with NFT PRO White-label NFT solution for businesses, Lamborghini is taking this unique approach to art to a new level. In the coming months, Lamborghini will announce details about this exciting project. This includes the name of the artists that are not known and a timetable for auction.

The physical element of the Space Key

After a series of social media posts teasing something related to space, Italian supercar maker Lamborghini has entered the world of non-fungible tokens (NFT) by launching an exclusive project called Space Key. The NFT was created in collaboration with an unknown artist and will be auctioned off in just a few weeks. Its core is made of the most advanced carbon fiber composite material, which was delivered to the International Space Station in 2019 as part a research project. The carbon fiber has been 3D printed to form the basis of each Space Key, which is linked with an exclusive, digital design using a QR code on its backside. Five Space Keys have been produced.

NFTs are unique identifications that are recorded in distributed ledgers like the Blockchain, and linked to a digital asset such as images. They're a hot topic among people with more money than sense So it was only a matter of time before an automaker decided to capitalize on the trend.

Space Key is made up of five units. It was developed by using a carbon fiber composite that was delivered to the ISS back in 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist via a QR code printed on the back of the carbon fiber element. More details will be revealed in the coming days and weeks including the artist's name along with the digital artwork and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social media posts hints, luxury automobile maker Lamborghini finally announced its first project involving tokens that are non-fungible (NFT). It's dubbed the Space Key, it consists of five physical items that unlock an exclusive digital art work NFT by the unidentified artist. Developed in collaboration with NFT PRO(tm) The 'collector's piece' is limited to only five units and will be auctioned off in the near future.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material, which was sent to the International Space Station as part of a research project for 2019. After returning to Earth the Space Key was imprinted with an QR code that connects it to the digital element of the Space petron Key to lamborghini.

Each of the five Space lambo keys features a different moment that takes place at different times as the Lamborghini Ultimae takes off towards the stars. Each of the five images was taken by photographer Fabian Oefner and contains over 600 million pixels.

Oefner utilized an inflatable camera equipped with an lens to take individual images, which were later added to the final picture. The result is an out of this world photo that captures the beauty of Earth as well as the futuristic, hyper-realistic picture of the car rising from it. The Space Keys will be auctioned off in the near future, however the exact date and time of the event hasn't been revealed yet.

The auction

Lamborghini the automaker with the most luxurious design has entered the world of non-fungible tokens (NFTs) with the slogan "to the moon". The project was developed in collaboration with NFTPRO(tm). The space key lamborghini Key is essentially an NFT that contains carbon fiber composite material, which traveled to the International Space Station in 2019 for research purposes. The physical sample has been reshaped into five unique items that each link to exclusive, digital artworks by an unidentified artist through the QR code printed on their backs.

The auctions, which begin between February 1 and February 4, will last for 75 hours and 50 minutes, the same amount of time it took Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs can be bought by making an online registration. Each NFT will be sold separately and the winner will be awarded a digital artwork by renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its flight through space.

The full details of the Space Key and its accompanying digital artworks will be announced over the next weeks including the identity of the unidentified artist and information on how to acquire these out-of-this-world creations. Follow Lamborghini's Instagram for all the info you need!