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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 has finally revealed its first NFT (non-fungible token) project. The project is dubbed Space Key and developed in collaboration with an unidentified artist the project is made up of an advanced carbon fiber composite material, which was sent to the International Space Station for research purposes.

The product was developed in collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is diving its toes into the world of 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 physical object that connects to exclusive digital artwork accessible through an QR code on the back. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made of carbon composite materials that lamborghini huracan car key as part of a research project in 2019 sent to the International Space Station. The carbon fiber was transformed into an original artwork after it returned to Earth. The physical component is equipped with an NFT serial code that links to the digital artwork via QR code printed on the back.

For those who aren't in the aware, NFTs are unique identifiers recorded on a distributed blockchain ledger and tied to an digital asset such as a photograph, video or music. This lets owners ensure the authenticity, scarcity, and tracking of their tokens across 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 weeks Lamborghini will release details about the exciting project, including the name of the unidentified artist, as well as the timeline for the auction.

The physical component of Space Key

Following multiple social media posts teasing something related to space, Italian supercar maker Lamborghini has entered the world of tokens that aren't fungible (NFT) with an exclusive project called Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned off within a few weeks. At its heart is a piece of advanced carbon fiber composite material, which was sent to the International Space Station (ISS) in 2019 as part of an investigation project. Carbon fiber was 3D-printed for the base of each Space Key. Each Space Key is linked to an exclusive, digital artwork using QR codes. Only five Space Keys have been produced.

NFTs are unique identification numbers that can be recorded on distributed ledgers like the Blockchain and tied to digital assets like pictures. It's a hot topic among people who have more money than they have common sense. It was just an issue of time before automakers decided to take advantage of.

Space Key consists of five units. It was constructed using a real piece of carbon fiber composite which was delivered to the ISS in the year 2019. Each NFT will be linked to an exclusive digital artwork by the same artist by using QR codes on the backside of the carbon fiber element. In the coming weeks and days, more details will be revealed including the name and digital artwork of the artist and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts that hinted at it, luxury automobile maker lamborghini centenario key finally revealed its first venture for non-fungible tokens (NFT). The project is dubbed the Space Key, it consists of five items that unlock a unique digital art work NFT by a yet-to-be-identified artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned shortly.

At the center of each Space Key is a block of advanced carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research project. After returning to Earth the space Petron Key To Lamborghini was engraved with a QR code that links it to the digital element of the Space Key.

KeyLab-1-e1658690716312-300x146.pngEach of the five Space Keys will feature a distinct moment that happens seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of five images was shot by photographer Fabian Oefner and contains over 600 million pixels.

Oefner utilized a balloon with a camera, which took each of the individual shots which were then merged into the final image. The result is an out-of-this world photo that captures the beauty of Earth and the futuristic, hyper-realistic view of the car rising away from it. The Space Keys will be auctioned off in the near future, however the exact date and time of the event haven't been revealed yet.

The auction

With the slogan "to the moon', luxury automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a captivating project developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT made of carbon fiber composite material, which was sent to the International Space Station in 2019 to conduct research. The physical sample has been reshaped into five unique objects that connect to exclusive and purely digital artworks created by an as-yet unknown artist using the QR code printed on their backs.

The auctions, which will be held between February 1 through February 4, will last for 75 hours and 50 minutes - the same time it took for Apollo 11 to leave Earth and enter the lunar orbit. By enrolling online, you'll be able to bid on five NFTs. Each will be sold by itself and the winner will receive an artwork digitally designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight through space.

The full details of the Space Key and its accompanying digital artworks will be revealed in the coming weeks including the identity of the unknown artist and information on how to purchase these extraordinary creations. Follow Lamborghini on Instagram for all of the details you require!

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