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

After a series of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. The project is dubbed Space Key and developed in collaboration with an undisclosed artist It is made up of an advanced carbon fiber composite material that was delivered to the International Space Station for research purposes.

In collaboration with NFT PRO(tm).

Italian supercar maker lamborghini svj key is dipping its toes into the world of non-fungible tokens (NFTs). The new project, called the Space Key, is a piece that was developed in collaboration with a unknown artist. The NFT is an exclusive piece of digital art that can be accessible via an QR code. The project is limited and will be auctioned off in the coming weeks.

The Space petron key to lamborghini is made from carbon fiber composite materials that Lamborghini sent to the International Space Station in 2019 as part of research project. The carbon fiber was crafted into a unique artwork after it returned to Earth. The physical object is inscribed with an NFT serial number that is linked to the corresponding digital artwork using an QR code on the back.

NFTs for those who aren't familiar they are unique identifiers that are stored on a distributed ledger of the blockchain and linked to a digital asset such as a picture, video, song or other recording. This allows owners to verify the authenticity, scarcity and the traceability of their tokens on the internet.

Lamborghini takes this unique approach to art a step further by collaborating with NFT PRO, a white label NFT solution for businesses. In the coming weeks, Lamborghini will release details about this exciting project including the name of the unknown artist, as well as the timeline for the auction.

The physical aspect of the Space Key. Space Key

In the wake of numerous social media posts that tease something space-themed, Italian supercar maker Lamborghini has stepped into the realm of tokens that are not fungible (NFT) with a unique project dubbed Space Key. The NFT was created in collaboration with a mysterious artist and will go on auction within a couple of weeks. Its underlying structure is comprised of an advanced carbon fibre composite material, which was shipped to the International Space Station in 2019 as part a research project. Carbon fiber was 3D-printed for the base of every Space Key. Each Space Key is connected to a unique, digital artwork via the QR code. Only five Space Keys have been produced.

NFTs are unique identifications that can be recorded in distributed ledgers, like the Blockchain, and linked to digital assets such as images. It's a hot subject among people who have more money than they have common sense. It was just a matter of time until automakers decided to cash in.

Space Key consists of five units and was built by using a piece of the carbon fiber composite that was shipped to the ISS in 2019. Each NFT will come with an QR code that will link it to an exclusive digital art work by the same artist. In the coming weeks and days, more information 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 social media posts that hinted at it, the luxury car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. It's called the Space Key, it consists of five physical items that unlock a unique digital artwork NFT created by the unidentified artist. The "collectors' piece" was developed in collaboration with NFTPRO(tm) and is limited to just five units. It is scheduled to be auctioned in the near future.

At the center of each Space Key is a block made of the most advanced carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research program. After returning to Earth the Space Key was stamped with an QR code that connects it to the digital element of the Space Key.

Each 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 the five images was taken by photographer Fabian Oefner and contains over 600 million pixels.

Oefner employed an inflatable camera equipped with a lens to capture the individual images, which were later added to the final picture. The result is a picture that is completely out of the world. It captures both the beauty of Earth and the futuristic, hyperrealistic look of a car rising from the Earth. The Space Keys will be auctioned off in the near future, but the exact date and time of the event hasn't been revealed yet.

The auction

With the slogan 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) by launching a hypnotic project that was developed in collaboration with NFT PRO(tm). The Space Key Space Key is an NFT that contains composite carbon fiber which was transported to the International Space Station for research purposes in the year 2019. The physical sample has now been transformed into five unique objects that connect to exclusive, digital artworks created by an unknown artist using the QR code that is on their backs.

The auctions will be held from February 1 until February 4. The auctions will last for 75 hours and 50 minutes, which is the amount of time it took Apollo 11 for him to leave Earth and enter 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 a digital image made by renowned photographer Fabian Oefner, which captures the five different times the Space Key passed during its journey through space.

The full details of the Space Key and its accompanying digital artworks will be released over the next weeks, including the identity of the unknown artist and information on how to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all of the details you require!