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

After a number of social media posts hinting at it, Italian supercar-maker Lamborghini has finally revealed its first NFT (non-fungible token) project. Dubbed Space Key and created in collaboration with an unidentified artist, it is based on a piece of advanced carbon fiber composite material that was delivered to the International Space Station for research purposes.

Created in collaboration with NFT PRO(tm)

Lamborghini, the Italian supercar maker is making its first step into non-fungible tokens (NFTs). The latest project, named the Space Key, is a piece created by a lone artist. The one-of-a-kind NFT is a physical item that links to exclusive digital artwork that is accessible via an QR code on the back. The project is a limited edition and will be auctioned off within the coming weeks.

The Space Key is made of a carbon composite material that lamborghini car keys, in the course of a research project in the year 2019 was sent to the International Space Station. Once it returned to earth, the carbon fiber was crafted into this unique art. The physical element has an NFT serial code that links to the digital artwork through a QR code on the back.

For those who aren't in the aware, NFTs are unique identifiers stored on a blockchain ledger. They are linked to digital assets such as a photo, video or any other recording. This allows owners to ensure the authenticity, scarcity and trackability of their tokens over the internet.

Lamborghini is taking this unique approach to art by collaborating with NFT PRO, an white label NFT solution for businesses. In the coming weeks, Lamborghini will share details about this exciting venture. This will include the names of the unknown artists and a timetable for auction.

The physical component of Space Key

After numerous social media posts that teased something space-related, the Italian supercar maker Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive initiative dubbed Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned off in a few short weeks. Its underlying structure is composed of a high-tech carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a research program. Carbon fiber was 3D-printed for the base of each Space Key. Each Space Key is linked to an exclusive, digital artwork by way of a QR code. Five Space Keys have been produced.

NFTs are unique identifiers that are recorded on distributed ledgers such the Blockchain and tied to a digital asset like images. This is a hot topic for those with more money than they have common sense. So it was only an issue of time before automakers decided to take advantage of.

Space Key is made up of five units. It was developed using a carbon fiber composite that was sent to the ISS back in the year 2019. Each NFT will be connected to an exclusive digital artwork created by the same artist using QR codes on the back of the carbon fiber piece. In the coming weeks and days, more details will be revealed, including the name and digital artwork of the artist and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts hints, luxury automobile maker Lamborghini finally announced its first venture for non-fungible tokens (NFT). The project is dubbed the Space Key, it consists of five items that unlock an exclusive digital artwork NFT by the unidentified artist. Created in collaboration with NFT PRO(tm) the "collector's item" is limited to only five units and will be auctioned off shortly.

The core of each Space Key is a block made of a high-tech carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research program. After returning to Earth the space key was engraved with an QR code that connects it to the digital element of the Space Key.

Each of the five Space Keys will feature a distinct moment that happens 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 used an inflatable camera equipped with lenses to capture the individual images, which were then combined into the final photo. The result is an amazing out of the world image that reveals the beauty of the Earth and the futuristic, hyper-realistic look of the lambo car key rising away from it. The Space Keys are going to be auctioned in the near future, however there is no exact date or place yet.

The auction

Lamborghini 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 is essentially an NFT that has carbon fiber composite material that actually was sent to the International Space Station in 2019 for research purposes. The physical sample has now been cut into five distinct objects that connect to exclusive and digital artworks by an undisclosed artist via the QR code that is on their backs.

The auctions, which occur between February 1 through February 4, will last for 75 hours and 50 minutes, the same amount of time it took Apollo 11 to leave Earth and enter lunar orbit. By making an online registration, you can bid on the five NFTs. Each one will be sold separately and the winner will receive an artwork digitally made by renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its flight in space.

In the next few weeks, we'll be revealing all the details regarding the Space Key as well as the digital artworks that accompany it. This includes the identity of the unidentified creator, as well as how to purchase these incredible artworks. Stay tuned to Lamborghini's Instagram for all the details you need!