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

After a string of social media posts suggesting it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Dubbed Space Key and created in collaboration with an undisclosed artist and built on a piece of advanced carbon fiber composite material, which was sent to the International Space Station for research purposes.

Developed in collaboration with NFT PRO(tm)

Lamborghini, the Italian car manufacturer has taken the first step into the world of non-fungible tokens (NFTs). The latest project - dubbed the Space Key - is a piece of art made by a collaboration with a lone artist. The NFT is an exclusive piece of digital art that is obtained by scanning a QR code. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made of carbon composite material that Lamborghini, in the course of a research project in 2019 sent to the International Space Station. The carbon fiber was created into a distinctive artwork when it returned to Earth. The physical object is engraved with an NFT serial number that is linked to the corresponding digital artwork with a QR code that is located on the back.

NFTs, for those who are not familiar they are unique identifiers that are recorded on an open ledger on the blockchain and connected to digital assets such as a picture or video, song or other recording. This allows owners to ensure authenticity and the scarcity of their tokens over the internet.

Lamborghini takes this unique approach to art a step further by collaborating with NFT PRO - an white label NFT solution for businesses. In the coming weeks the company will be sharing details about this exciting project, including the name of the unidentified artist and a timeline for the auction.

The physical component of Space Key

After a series of social media posts, each one revealing something space-themed the Italian supercar manufacturer Lamborghini entered the world non-fungible (NFT) tokens through an exclusive project dubbed Space Key. The NFT was developed in collaboration with a mysterious artist and will be auctioned off in just a few weeks. Its core is made of advanced carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a research project. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is connected to a unique, digital artwork by way of a QR code. Only five Space Keys were produced.

NFTs are unique identifiers that can be stored on distributed ledgers such the Blockchain and tied to a digital asset such as images. They're a hot topic among people with more money than sanity It was just a matter of time before an automaker decided to capitalize on the trend.

Space Petron key To lamborghini is made up of five parts. It was made by using a carbon fiber composite. It was sent to the ISS in the year 2019. Each NFT will be connected to an exclusive digital artwork created by the same artist by using an QR code that is located on the back of the carbon fiber component. More details will be made available in the coming weeks and days, including the artist's name as well as 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, a prestigious car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. It's called the Space Key, it consists of five physical items that unlock a unique digital artwork NFT created by an unidentified artist. Created in collaboration with NFT PRO(tm), the 'collector's piece' is limited to just five units and will be auctioned off shortly.

At the center of each Space Key is a block made of the most advanced carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research project. After returning to Earth, it was engraved with a QR code, which connects it to the digital component of the Space Key.

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

Oefner employed an inflatable camera fitted with lenses to capture the individual images, which were then combined into the final photo. The result is a truly out of this world photograph that captures both the beauty of Earth as well as the futuristic, hyper-realistic view of the car rising 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 set yet.

The auction

lamborghini key the premium automaker, has entered the world 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 is made up of composite carbon fiber which was transported to the International Space Station for research purposes in 2019. The physical sample has been cut into five distinct items that each link to exclusive digital artworks created by an as-yet unidentified artist through the QR code that is on their backs.

The auctions, which will take place between February 1 through February 4, last for 75 hours and 50 minutes, the same amount of time it took Apollo 11 to leave Earth and enter lunar orbit. By registering online, you can bid on five NFTs. Each one will be auctioned by itself and the winner will be awarded a digital image designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight in space.

The full details of the Space Key and its accompanying digital artworks will be announced in the coming weeks including the identity of the unidentified artist as well as information on how to purchase these extraordinary creations. Follow Lamborghini on Instagram for all of the details you require!