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

After a string of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key is being developed in collaboration with an unidentified artist and based on advanced carbon fiber composite materials, which were sent to the International Space Station as research material, is a new project that has been revealed by Lamborghini.

Developed in collaboration NFT PRO(tm).

Lamborghini, the Italian automobile manufacturer, is taking a first step into the world of non-fungible tokens (NFTs). The latest project, dubbed the Space Key, is a piece created in collaboration with an unidentified artist. The unique NFT is a physical item that links to exclusive digital artwork that is accessible via a QR code that is located on the back. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space Key is made from carbon fiber composite material that Lamborghini took to the International Space Station in 2019 as part of a research project. Once it returned to earth the carbon fiber was transformed into this unique art. The physical component is embossed with an NFT serial number which ties to the digital artwork via a QR code on the back.

NFTs for those who are not familiar are unique identifiers that are recorded on a distributed ledger of the blockchain and connected to a digital asset, such as a photo or video, song, or any other kind of record. This allows owners to guarantee authenticity and traceability of tokens through the internet.

Working with NFT PRO which is a white-label NFT solution for companies, Lamborghini is taking this unique approach to art to the next level. 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 element of Space Key

In the wake of numerous social media posts that tease something related to space, Italian supercar maker lamborghini keys has stepped into the realm of non-fungible tokens (NFT) by launching an exclusive project dubbed Space Key. The NFT was created in collaboration with an unknown artist and will be auctioned off in a few short weeks. At its heart is a piece of advanced carbon fiber composite material that was shipped to the International Space Station (ISS) in 2019 as part of an experiment. The carbon fiber has been 3D printed to form the base of each Space Key, which is linked with an exclusive, entirely digital artwork using an QR code on the back of the key. Only five Space Keys were produced.

NFTs are unique identifiers that are recorded on distributed ledgers, such as the Blockchain and tied to digital assets like pictures. They're a hot topic among those with more money than It was just an issue of time before an automaker decided to capitalize on the trend.

Space Key consists of five units. It was constructed by using a piece of the carbon fiber composite, which was sent to the ISS in the year 2019. Each NFT will have an QR code that will link it to a special digital art work created by the same artist. More details will be shared in the coming weeks and days, including the name of the artist along with the digital artwork and how to buy one of the five Space Keys.

The digital artwork

After months of social media posts that hinted at it, luxury car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. It's dubbed the Space Key, it consists of five physical items that unlock a unique digital artwork NFT by an unidentified artist. The "collectors' piece" was developed in collaboration with NFTPRO(tm) and is limited to just five units. It will be auctioned shortly.

The heart of every Space Key is a block made of a high-tech carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research program. After returning to Earth, it was stamped with the QR code which links it to the digital element 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. More than 600 million pixels make each of the five images, which were captured by photographer Fabian Oefner.

Oefner used a balloon with a camera to capture each of the individual shots which were later merged into the final image. The result is a picture that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic view of a car rising from the Earth. The Space Keys are going to be auctioned off in the near future, but there is no specific date or time yet.

The auction

lamborghini key fob (Ivimall.com) the premium 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 Space Key is an NFT that contains composite carbon fiber that was actually taken to the International Space Station for research purposes in 2019. The physical sample has now been shaped into five unique items that each link to exclusive and purely digital artworks by an unidentified artist through the QR code on their backs.

The auctions, which be held between February 1 until February 4, last for 75 hours and 50 minutes, the same time it took for Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be purchased by making an online registration. Each NFT will be auctioned off separately 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 journey through space.

In the coming weeks, we'll be revealing all the details regarding the Space Key as well as the digital artworks that go with it. This includes the identity of the unidentified creator, as well as how to purchase these amazing artworks. Follow lamborghini sian key on Instagram for all the information you need!