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

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

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

Italian supercar maker Lamborghini is dipping its toes into the world of non-fungible tokens (NFTs). The new project - called the Space Key - is a work of art that was made in collaboration with a lone artist. The unique NFT is a physical object that connects to exclusive digital artwork that is accessible via a QR code on the back. The project is limited and will be auctioned off within the next few weeks.

The Space Key is made from carbon fiber composite material that Lamborghini sent to the International Space Station in 2019 as part of an investigation project. After it returned to Earth carbon fiber was fashioned into this unique art. The physical object is embossed with an NFT serial number that is linked to the corresponding digital artwork by using a QR code that is located on the back.

For those who do not know, NFTs are unique identifiers stored on a blockchain ledger. They are linked to a digital asset such as a photo, video, music or other record. This allows owners to ensure authenticity, scarcity, and trackability of their tokens on the internet.

lamborghini digital key is taking this unique approach to art to a new level by collaborating with NFT PRO - a white label NFT solution for businesses. In the coming weeks, Lamborghini will release details about this exciting project. This will include the names of the artists that are not known as well as a timeline for auction.

The physical element of Space Key

After numerous social media posts, each one revealing something space-themed the Italian supercar maker Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive initiative dubbed Space Key. It was developed in collaboration with an unidentified artist, the NFT is a collectible item that will be auctioned off in a few weeks. It is a piece of advanced carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part of an experiment. The carbon fiber has been 3D printed to form the basis of each Space Key, which is linked with an exclusive, entirely digital artwork via a QR code on the back of the key. Only five Space Keys were produced.

NFTs are unique identifications that can be recorded in distributed ledgers, such as the Blockchain and linked to digital assets like images. It's a hot topic with those with more money than they have common sense. So it was only a matter of time before automakers decided to cash in.

Space Key consists of five units. They were constructed by using a piece of carbon fiber composite, which was sent to the ISS in the year 2019. Each NFT will come with an QR code that will link it to a special 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 posts on social media that hint at it, luxury lambo car key (try what he says) manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical items that unlocks an exclusive digital artwork by an unidentified artist. The project was developed in collaboration with NFT PRO(tm), the "collector's item" 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 sent to the International Space Station as part of a 2019 research program. After returning to Earth, it was stamped with a QR code, which connects it to the digital element of the Space Key.

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

Oefner utilized an inflatable camera fitted with lenses to capture the individual images, which were later combined into the final photo. The result is a photo that is out of this world. It captures the beauty of Earth and the futuristic, hyperrealistic look of a car rising from the Earth. The Space Keys are going to be auctioned off soon, but there is no specific date or place yet.

The auction

With the slogan 'to the moon', the prestigious automobile manufacturer lamborghini huracan key has entered the realm of non-fungible tokens (NFT) with a captivating project in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material which actually was sent to the International Space Station in 2019 to conduct research. The actual sample was shaped into five unique pieces that connect to exclusive digital artworks created exclusively by an artist whose name has yet to be revealed via the QR code.

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

Full details about the Space Key and its accompanying digital artworks will be revealed over the next weeks including the identity of the unidentified artist as well as the best way to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all the details you require!