lamborghini car key - more about Magachem - Enters the World of Non-Fungible Tokens (NFTs)

After a string of social media posts that hinted at it, Italian supercar maker lamborghini digital key finally announced its NFT (non fungible token) Project. Dubbed Space Key and developed in collaboration with an unidentified artist and based on a piece of advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

Developed in collaboration 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 piece created in collaboration with an unidentified artist. The unique 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 material which Lamborghini, as part of a research project in the year 2019, sent to the International Space Station. After it returned to Earth the carbon fiber was transformed into this unique artwork. The physical component has an NFT serial number that is linked to the digital art work via a QR code on the rear.

For those who aren't in the aware, NFTs are unique identification numbers that are stored on a distributed blockchain ledger and tied to an digital asset such as a picture, video or music. This allows owners to verify the authenticity, scarcity, and trackability of their tokens over the internet.

Working with NFT PRO, a white-label NFT solution for businesses, Lamborghini has taken this unique approach to art to a new level. In the coming weeks, Lamborghini will share details about this exciting project. This will include the names of the artists who are unknown and a timeline for auction.

The physical aspect of the Space Key

Following a string of social media posts that tease something that was space-related, Italian supercar maker Lamborghini has stepped into the realm of tokens that aren't fungible (NFT) with an exclusive project dubbed Space Key. The NFT was created in collaboration with an unknown artist and will go on auction in just a few weeks. The core of the NFT is a piece of high-tech carbon fiber composite material that was delivered to the International Space Station (ISS) in 2019 as part of a research project. Carbon fiber was 3D printed to form the base of every Space Key. Each Space Key is linked to an exclusive, digital image via an QR code. Five Space Keys have been produced.

NFTs are unique identifications that can be stored in distributed ledgers, like the Blockchain and linked to a digital asset like pictures. They're all the rage among those with more money than sense So it was only a matter of time until an automaker decided to capitalize on the trend.

Space Key is made up of five parts. It was designed using a piece of carbon fiber composite that was delivered to the ISS in the year 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist by using QR codes on the backside of the carbon fiber element. More details will be revealed in the coming weeks and days, including the artist's name as well as the digital artwork, and the method of purchasing one of the five Space Keys.

The digital artwork

After several weeks of social media posts hinting at it, a prestigious car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. It's called the Space Key, it consists of five items that unlock an exclusive digital artwork NFT by an artist yet to be identified. Developed in collaboration with NFT PRO(tm) the 'collector's piece' is limited to just five units and will be auctioned off in the near future.

Each Space Key contains a block made of advanced carbon-fire composite material. It was shipped to the International Space Station as part of a 2019 research program. After returning to Earth the space key lamborghini aventador was stamped with the QR code which links 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 each of the five images, which were shot by photographer Fabian Oefner.

Oefner employed an inflatable camera with lenses to capture the individual images, which were then assembled into the final photograph. The result is a photo 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 soon, but the exact date and location of the event hasn't been confirmed yet.

The auction

With the slogan 'to the moon', the prestigious automobile maker Lamborghini has entered the world of non-fungible tokens (NFT) with a fascinating project created in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material that was sent to the International Space Station in 2019 to conduct research. The actual sample has been cut into five distinct objects that connect to exclusive digital artworks created by an as-yet undisclosed artist via the QR code that is on their backs.

The auctions will run from February 1 through February 4. They 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. The five NFTs are available for bidding by signing up online. Each NFT will be offered separately and the winner will receive an original digital artwork created by world-renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its journey through space.

In the coming weeks, we will reveal all the details regarding the Space Key as well as the digital artworks that come with it. This includes the identity of the elusive creator as well as the method of purchasing these incredible artworks. Follow Lamborghini on Instagram for all the details you need!