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 was developed in collaboration with a non-publicized artist and based on advanced carbon fiber composite materials that were shipped to the International Space Station as research material, is a project which was announced by Lamborghini.

Developed in collaboration with NFT PRO(tm)

Lamborghini, the Italian automobile manufacturer is taking the first step into non-fungible tokens (NFTs). The new project - called the Space Key - is a work of art that was made by a collaboration with a lone artist. The one-of-a-kind NFT is a tangible item that links to exclusive digital artwork that can be accessed via a QR code that is located on the back. The project is limited and will be auctioned off in the next few weeks.

The Space Key is made from carbon fiber composite materials that Lamborghini sent to the International Space Station in 2019 as part of research project. Once it returned to earth the carbon fiber was then sculpted into this distinctive artwork. The physical piece includes an NFT serial code that links to the digital image via QR code printed on the back.

For those who don't aware, NFTs are unique identifiers stored on a blockchain ledger, and linked to an digital asset such as a picture, video or music. This allows owners to guarantee authenticity, scarcity, and trackability of tokens through the internet.

lamborghini centenario Key (https://highwave.kr/bbs/board.php?Bo_table=faq&wr_id=666675) takes this unique approach to art by collaborating with NFT PRO, an all-white label NFT solution for businesses. Over the next few weeks Lamborghini will reveal details about the exciting project including the name of the unknown artist and a timetable for the auction.

The physical component of Space Key

After numerous social media posts teasing something that was space-related, the Italian supercar manufacturer Lamborghini launched its non-fungible (NFT) tokens with an exclusive project called Space Key. The project was created in collaboration with an unidentified artist, the NFT is a sought-after item that will be auctioned off in just a couple of weeks. Its base is made of advanced carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a research project. The carbon fiber was 3D printed to form the base of each space key lamborghini Key, which is connected to an exclusive, purely digital design using a QR code on its backside. Only five Space Keys were produced.

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

Space Key is made up of five units. It was made with a carbon fiber composite, which was sent to the ISS back in 2019. Each NFT will be linked with an exclusive digital artwork created by the same artist through QR codes on the back of the carbon fiber element. More details will be released in the coming weeks and days, including the artist's name, the digital artwork and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts hints, luxury car maker Lamborghini finally announced its first project for tokens that are non-fungible (NFT). The Space Key is a collection of five physical items that allows you to access an exclusive digital work by an unidentified artist. The 'collectors piece' was developed in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned shortly.

Each Space Key contains a block composed of carbon-fired composite material. It was sent 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 connect 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 filmed by photographer Fabian Oefner and contains over 600 million pixels.

Oefner utilized a balloon with a camera that captured each of the individual shots which were then combined into the final image. The result is an out of this world image that captures the beauty of Earth and the futuristic, hyper-realistic picture of the car rising away from it. The Space Keys will be auctioned off in the near future, but the exact date and time of the auction haven't yet been announced yet.

The auction

Lamborghini the luxury automaker, has entered the world non-fungible tokens (NFTs) with the slogan "to the moon". The project was developed in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material, which traveled to the International Space Station in 2019 to conduct research. The actual sample has been transformed into five unique objects that connect to exclusive and purely digital artworks by an unidentified artist through the QR code on their backs.

The auctions, which take place 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 can be bid on by creating an account online. Each NFT will be auctioned off 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 space voyage.

The full details regarding 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 details on how to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all of the information you need!