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

After a string of social media posts hinting at it, Italian supercar-maker Lamborghini has finally revealed its first NFT (non-fungible token) project. Dubbed Space Key and developed in collaboration with an unidentified artist the project is made up of an advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.

Created in collaboration with NFT PRO(tm).

Italian supercar maker lamborghini sian key is diving its toes into the world of non-fungible tokens (NFTs). The latest project, named the Space Key, is a piece created in collaboration with an unknown artist. The unique NFT is a tangible item that has a link to exclusive digital artwork, accessible via an QR code on the back. The project is a limited edition and will be auctioned off over the coming weeks.

The Space Key is made of carbon composite material which Lamborghini, as part of a research project in 2019 was sent to the International Space Station. After returning to earth carbon fiber was fashioned into this unique artwork. The physical object is inscribed with an NFT serial number that ties to the digital artwork by using QR codes on the back.

NFTs, for those not familiar are unique identifiers which are recorded on a distributed ledger of the blockchain and linked to a digital asset such as a picture video, song, or any other kind of record. This allows owners to verify the authenticity, scarcity and trackability of their tokens over the internet.

Lamborghini takes this unique approach to art to a new level by working with NFT PRO, a white label NFT solution for businesses. In the coming weeks the company will be sharing details about the exciting project including the name of the unidentified artist and a timetable for the auction.

The physical element of the Space Key. Space Key

After a series of social media posts that tease something that was space-related, Italian supercar maker lamborghini car keys has entered the world of tokens that aren't fungible (NFT) with an exclusive project called Space Key. The project was created in collaboration with an unknown artist and artist, the NFT is a collector's item that will be auctioned off in just a few weeks time. The NFT is a piece of high-tech carbon fiber composite material, which was sent to the International Space Station (ISS) in 2019 as part an investigation project. Carbon fiber was 3D printed to form the base of every Space Key. Each Space Key is linked to an exclusive, digital artwork by way of an QR code. Just five Space Keys have been produced.

NFTs are unique identifiers that are recorded on distributed ledgers such the Blockchain and linked to digital assets like pictures. This is a hot topic for people who have more money than they have common sense. So it was only an issue of time before automakers decided to cash in.

Space petron key To Lamborghini is made up of five units. It was developed using a carbon fiber composite, which was delivered to the ISS in the year 2019. Each NFT will come with a QR code which links it to a special digital art work by the same artist. In the coming weeks and days, more details will be revealed, including the name and digital artwork of the artist as well as how to purchase one of the five Space Keys.

The digital artwork

After weeks of posts on social media that hint at it, a prestigious car manufacturer lamborghini key has finally announced its first non-fungible token (NFT) project. Called the Space Key, it consists of five items that unlock a unique digital artwork NFT by the unidentified artist. Created in collaboration with NFT PRO(tm) the "collector's work" is limited to only five units and will be auctioned off in the near future.

Each Space Key contains a block composed of carbon-fired composite material. It was shipped to the International Space Station as part of a research project for 2019. After returning to Earth the block was engraved with a QR codes that link to the digital element of the Space Key.

Each of the five Space Keys will feature a separate moment that occurs seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was captured by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used a balloon with a camera, which took each of the individual shots, which were then merged into the final image. The result is a truly out of this world image that captures the beauty of the Earth and the futuristic, hyper-realistic picture of the car erupting from it. The Space Keys will be auctioned off soon, but the exact date and time of the event hasn't been set yet.

The auction

lamborghini digital key the luxury automaker 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 Space Key is an NFT which is composed of carbon fiber material that was actually shipped to the International Space Station for research purposes in the year 2019. The actual sample has been cut into five distinct items that each link to exclusive digital artworks by an unknown artist using the QR code printed on their backs.

The auctions, which occur between February 1 until February 4, last for 75 hours and 50 minutes - the same amount of time it took for Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs are available for bidding by signing up online. Each NFT will be sold individually and the winner will get a digital artwork by renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its space voyage.

In the next few weeks, we'll be revealing all the details of the Space Key as well as the digital artworks accompanying it. This includes the identity of the elusive creator as well as the method of purchasing these incredible artworks. Follow Lamborghini's Instagram for all the info you need!