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

After a series of social media posts hints at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. Space Key, developed in collaboration with a non-disclosed artist and based on advanced carbon fiber composite materials that were sent to the International Space Station as research material, is a new project that was announced by Lamborghini.

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

Lamborghini, the Italian supercar manufacturer, is taking a first step into the world of non-fungible tokens (NFTs). The latest project, named the Space Key, is a piece that was developed in collaboration with an unknown artist. The NFT is a unique piece of digital art that can be accessable via the use of a QR code. The project is limited to five pieces 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. The carbon fiber was transformed into a unique art work after it returned to Earth. The physical object includes an NFT serial code that links to the digital artwork via QR code printed on the back.

NFTs for those who aren't familiar, are unique identifiers that are recorded on a distributed ledger of the blockchain and linked to an digital asset such as a picture or video, song or any other kind of record. This allows owners to guarantee authenticity, scarcity, and trackability of tokens via the internet.

Working with NFT PRO, a white-label NFT solution for companies, Lamborghini is taking this unique approach to art to the next level. In the coming weeks, Lamborghini will be sharing details about the exciting project, including the name of the unidentified artist as well as a timeline for the auction.

The physical component of Space Key

After numerous social media posts that teased something that was space-related, the Italian supercar manufacturer Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive project called Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned in just a few weeks. Its core is a piece composed of a high-tech carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a study. Carbon fiber was 3D-printed for the base of every Space Key. Each Space Key is linked to an exclusive, digital artwork by way of an QR code. Only five Space Keys were produced.

NFTs are unique identifications that can be stored in distributed ledgers, like the Blockchain and connected to digital assets like images. This is a hot topic for people with more money than they have common sense. It was only a matter of time until automakers decided to cash in.

Space Key consists of five units. They were constructed with a physical part of carbon fiber composite that was sent to the ISS in 2019. Each NFT will have a QR code that links it to a unique 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 hinting at it, the luxury lambo car key key lamborghini - head to luennemann.org - manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical objects that allows you to access an exclusive digital work by an unidentified artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to five units. It is scheduled to be auctioned in the near future.

Each Space Key contains a block composed of a carbon-fire composite material. It was sent to the International Space Station as part of a 2019 research program. After returning to Earth the space key was made into an QR code that connects it to the digital component of the Space Key.

Each of the five Space Keys features a different moment that occurs at different times as the Lamborghini Ultimae takes off towards the stars. Over 600 million pixels make up each of the five images, which were taken by photographer Fabian Oefner.

Oefner used a balloon equipped with a camera to capture each of the individual shots that were then merged to create the final image. The result is an out of this world image that reveals the beauty of the Earth as well as the futuristic, hyper-realistic picture of the car rising away from it. The Space Keys are going to be auctioned soon, but there is no exact date or time yet.

The auction

Lamborghini 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 is an NFT that is made up of composite carbon fiber material that was actually transported to the International Space Station for research purposes in 2019. The physical sample has now been cut into five distinct objects that connect to exclusive digital artworks created by an as-yet unidentified artist through the QR code that is on their backs.

The auctions will be held from February 1 to February 4. They will last 75 hours and 50 minutes - the amount of time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By signing up online, you will be able to bid on the five NFTs. Each will be sold in a separate auction and the winner will be awarded a digital image designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight in space.

Full details about the Space Key and its accompanying digital artworks will be revealed in the coming weeks, including the identity of the unidentified artist as well as the best way to obtain these amazing creations. Stay tuned to Lamborghini's Instagram for all the information you need!