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

After a string of social media posts that hinted at it, Italian supercar maker Lamborghini Key (Https://Www.Plantsg.Com.Sg:443/Bbs/Board.Php?Bo_Table=Mainboard&Wr_Id=7073053) finally announced its NFT (non fungible token) Project. The project is dubbed Space Key and created in collaboration with an unknown artist, it is based on a piece of advanced carbon fiber composite material, which was sent to the International Space Station for research purposes.

In collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is dipping its toes into the world of non-fungible tokens (NFTs). The latest project, named the Space Key, is a piece that was developed by a lone artist. The unique NFT is a physical item which connects to a unique digital artwork that can be accessed via a 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 from a carbon fiber composite material which lamborghini car keys shipped to the International Space Station in 2019 as part of a research project. When it returned to earth the carbon fiber was transformed into this unique art. The physical piece is engraved with an NFT serial number, which is tied to the corresponding digital artwork via an QR code on the back.

For those not in the know, NFTs are unique identifiers stored on a blockchain ledger, and linked to a digital asset such as a video, image or any other recording. This allows owners to guarantee authenticity and traceability of tokens through the internet.

Working with NFT PRO White-label NFT solution for businesses, Lamborghini is taking this unique approach to art to a new level. Over the next few weeks, Lamborghini will release details about this exciting project including the name of the unidentified artist as well as a timeline for the auction.

The physical aspect of the Space Key

In the wake of numerous social media posts teasing something space-themed, Italian supercar maker Lamborghini has entered the world of tokens that are non-fungible (NFT) with a unique project called Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned within a few weeks. Its underlying structure is comprised of an advanced carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a research project. The carbon fiber was 3D printed to form the basis of each Space Key, which is connected to an exclusive, digital artwork via a QR code on its backside. Only five Space Keys were produced.

NFTs are unique identification numbers that can be recorded on distributed ledgers such the Blockchain and linked to digital assets such as images. They're a hot topic among people with more money than sense So it was only a matter of time until an automaker decided to capitalize on the trend.

Space Key consists of five units. The components were built using a real piece of carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will come with a QR code which links it to an exclusive 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 car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five physical objects that unlocks a unique digital artwork by a yet to be identified artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to just five units. It will be auctioned off soon.

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 project. After returning to Earth the block was inscribed with a QR codes that connect to the digital element in the Space Key.

Each of the five Space Keys will feature a distinct moment that occurs only seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was captured by photographer Fabian Oefner and contains over 600 million pixels.

Oefner utilized a balloon with a camera to take each of the individual shots which were then merged into the final image. The result is a photo that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic view of a car rising from the Earth. The Space Keys will be auctioned off soon, but the exact date and location of the auction hasn't been revealed yet.

The auction

With the slogan 'to the moon', the prestigious automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a mesmerizing project that was developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material that actually went to the International Space Station in 2019 for research purposes. The actual sample was shaped into five unique pieces that connect to unique digital artworks created only by an artist who has not yet been announced through the QR code.

The auctions are scheduled to take place from February 1 until February 4. They will run for 75 hours and 50 minutes, which is 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 NFT will be auctioned off separately and the winner will get an original digital art work by the renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its flight through space.

The full details regarding the Space Key and its accompanying digital artworks will be announced in the coming weeks, including the identity of the unknown artist as well as information on how to acquire these out-of-this-world creations. Keep an eye on Lamborghini's Instagram for all the details you need!