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

After a series of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key, developed in collaboration with a non-disclosed 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.

In collaboration with NFT PRO(tm).

Lamborghini, the Italian automobile manufacturer, is taking a first step into non-fungible tokens (NFTs). The new initiative - named the Space Key - is a piece of art made in collaboration with an artist who is not known. The unique NFT is a physical item that has a link to exclusive digital artwork accessible through 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 of carbon composite materials that Lamborghini, as part of a research project in the year 2019 was sent to the International Space Station. After it returned to Earth the carbon fiber was crafted into this unique art. The physical piece has an NFT serial code that links to the digital image via QR code printed on the back.

For those who aren't in the know, NFTs are unique identifiers stored on a blockchain ledger, and linked to an digital asset such as a picture, video or any other recording. This enables owners to guarantee the authenticity, scarcity, and the trackability of their tokens through 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 project. This includes the names of the artists who are unknown and a timeline for auction.

The physical element of Space Key

After a series of social media posts that tease something related to space, Italian supercar maker Lamborghini has stepped into the realm of tokens that are not fungible (NFT) with a unique project called Space Key. Developed in collaboration with an unidentified artist and artist, the NFT is a collector's item that will be auctioned off in a few weeks. At its heart is a piece of high-tech 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 create the base of each Space Key, which is linked with an exclusive, purely digital design using an QR code on the back of the key. Five Space Keys have been produced.

NFTs are unique identifications that are recorded in distributed ledgers, such as the Blockchain, and linked to a digital asset such as images. It's a hot topic among people with more money than common sense. It was only an issue of time before automakers decided to take advantage of.

Space Key is made up of five parts. It was designed with a carbon fiber composite. It was sent to the ISS back in the year 2019. Each NFT will come with an QR code that will link it to a special digital artwork created 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 it, luxury car key lamborghini maker Lamborghini finally announced its first venture for non-fungible tokens (NFT). It's called the Space Key, it consists of five physical items that unlock an exclusive digital artwork created by the unidentified artist. It was created in collaboration with NFT PRO(tm) the "collector's item" is limited to five units and will be auctioned off soon.

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 block was inscribed with a QR codes that link to the digital component in the Space Petron Key To Lamborghini.

Each of the five Space Keys will feature a separate moment that occurs a few seconds apart as the Lamborghini Ultimae lifts off toward the stars. More than 600 million pixels make up each of the five images, which were shot by photographer Fabian Oefner.

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

The auction

With the tagline 'to the moon', luxury automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) by launching a hypnotic project created in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material that traveled to the International Space Station in 2019 for research purposes. The physical sample has now been cut into five distinct items that each link to exclusive and purely digital artworks created by an undisclosed artist via the QR code that is on their backs.

The auctions will be held between February 1 and February 4. They will run for 75 hours and 50 mins - the amount of time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By registering online, you can bid on five NFTs. 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 flight in outer space.

More details about the Space Key and its accompanying digital artworks will be announced over the next weeks including the identity of the unidentified artist as well as the best way to purchase these extraordinary creations. Keep an eye on Lamborghini's Instagram for all the info you require!