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

Following a series of social media posts that hinted at it, Italian supercar maker lamborghini huracan car key finally announced its NFT (non fungible token) Project. The project is dubbed Space Key and developed in collaboration with an undisclosed artist and based on a piece of advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.

Created in collaboration with NFT PRO(tm)

Lamborghini, the Italian supercar manufacturer has taken the first step into the world non-fungible tokens (NFTs). The new initiative - named the Space Key - is a work of art that was made by a collaboration with an unidentified artist. The NFT is a unique piece of digital art that is accessable via an QR code. The project is limited and will be auctioned off in the next few weeks.

The Space Key is made of a carbon composite material that Lamborghini, as part a research project in 2019, sent to the International Space Station. The carbon fiber was transformed into an original artwork when it returned to Earth. The physical element has an NFT serial code that links to the digital artwork via QR code located on the back.

For those who aren't in the know, NFTs are unique identifiers stored on a blockchain ledger and tied to an digital asset such as a photograph, video or music. This allows owners to ensure authenticity and traceability of tokens via the internet.

Lamborghini takes this unique approach to art by working with NFT PRO, an white label NFT solution for businesses. 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 component of Space petron key To Lamborghini (kbphone.co.Kr)

After multiple social media posts teasing something that was space-related, the Italian supercar manufacturer Lamborghini introduced the world of non-fungible (NFT) tokens through an exclusive initiative dubbed Space Key. The NFT was created in collaboration with an unknown artist and will go on auction within a couple of weeks. The NFT is a piece made of carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part of an investigation project. The carbon fiber was 3D printed to form the base of each Space Key, which is connected to an exclusive, purely digital artwork through the QR code printed on the back of the key. Just five Space Keys have been produced.

NFTs are unique IDs that can be logged in distributed ledgers like the Blockchain and linked to a digital asset like images. They're a hot topic among those with more money than sense It was just a matter time before an automaker decided to cash in on the trend.

Space Key is made up of five parts. It was made using a piece of carbon fiber composite. It was sent to the ISS back in the year 2019. Each NFT will have 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 and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social media posts hinting at it, the luxury car maker Lamborghini finally announced its first venture for tokens that are non-fungible (NFT). The Space Key is a collection of five physical objects that unlocks an exclusive digital artwork by the yet to be identified artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to only five units. It is scheduled to be auctioned in the near future.

Each Space Key contains a block made of advanced carbon-fire composite material, which was sent to the International Space Station as part of a 2019 research project. After returning to Earth it was stamped with an QR code that connects it to the digital element of the Space Key.

Each of the five Space Keys features a different moment that takes place at different times as the Lamborghini Ultimae takes off towards the stars. Over 600 million pixels make each of the five images that were taken by photographer Fabian Oefner.

Oefner used a balloon equipped with a camera, which took each of the individual shots which were then merged into the final image. The result is an amazing out of the world photo that captures the beauty of the Earth and the futuristic, hyper-realistic picture of the car erupting from it. The Space Keys will be auctioned off in the near future, but the exact date and location of the auction hasn't been revealed yet.

The auction

Lamborghini, the luxury automaker, has entered the world non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material that actually traveled to the International Space Station in 2019 to conduct research. The actual sample was shaped into five unique pieces that connect to unique digital artworks created exclusively by an artist who has not yet been announced via the QR code.

The auctions are scheduled to take place from February 1 to February 4. The auctions will last for 75 hours and 50 mins - the time it took Apollo 11 for him to leave Earth and enter lunar orbit. By signing up online, you will be able to bid on five NFTs. Each one will be auctioned separately and the winner will receive an original digital art work created by the renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight in space.

The full details regarding the Space Key and its accompanying digital artworks will be revealed over the next weeks, including the identity of the unidentified artist as well as information on how to obtain these amazing creations. Follow Lamborghini on Instagram for all of the details you need!