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

Following a series of social media posts suggesting it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Space Key was developed in collaboration with a non-disclosed artist, and based on cutting-edge carbon fiber composite materials that were sent to the International Space Station as research material, is a new project which was announced by lamborghini svj key.

The product was developed in collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is taking a dive into the world of non-fungible tokens (NFTs). The new project - called the Space Key - is a work of art that was made by a collaboration with an artist who is not known. The unique NFT is a tangible item that links to exclusive digital artwork, accessible via an QR code on the back. The project is a limited edition and will be auctioned off within the next few weeks.

The Space Key is made of a carbon composite material that Lamborghini, as part of a research project in the year 2019, sent to the International space key lamborghini Station. The carbon fiber was transformed into an original artwork after it returned to Earth. The physical component is inscribed with an NFT serial number, which is tied to the corresponding digital artwork using a QR code that is located on the back.

For those who aren't in the aware, NFTs are unique identifiers recorded on a distributed blockchain ledger that is linked to digital assets such as a picture, video or music. This allows owners to verify the authenticity, scarcity, and the traceability of their tokens on the internet.

Working with NFT PRO White-label NFT solution for companies, Lamborghini is taking this unique approach to art to the next level. In the coming months, Lamborghini will announce details about this exciting project. This includes the names of the artists unknown to them and a schedule for auction.

The physical element of Space Key

Following a string of social media posts teasing something related to space, Italian supercar maker Lamborghini has entered the world of tokens that are not fungible (NFT) with an exclusive project called Space Key. Developed in collaboration with an unidentified artist, the NFT is a collectible item that will be auctioned off in a few weeks time. The core of the NFT is a piece of high-tech carbon fiber composite material that was sent to the International Space Station (ISS) in the year 2019 as part of an ongoing research project. The carbon fiber was 3D printed to form the basis of each Space Key, which is linked with an exclusive, purely digital artwork using an QR code on its backside. Just five Space Keys have been produced.

NFTs are unique identifications that are recorded in distributed ledgers like the Blockchain and linked to a digital asset like pictures. They're a hot topic among those who have more money than sense, so it was only a matter of time before an automaker decided to capitalize on the trend.

Space Key is made up of five units. It was created with a carbon fiber composite. It was sent to the ISS in the year 2019. Each NFT will be linked with an exclusive digital artwork by the same artist via QR codes 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 purchase one of the five Space lambo keys.

The digital artwork

After weeks of social media posts hinting at it, a prestigious car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The project is dubbed the Space Key, it consists of five items that unlock an exclusive digital artwork NFT by an unidentified artist. Developed in collaboration with NFT PRO(tm) The "collector's work" is limited to just five units and will be auctioned off soon.

At the center of each Space Key is a block of carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research program. After returning to Earth the block was engraved with QR codes that link 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 svj key Ultimae takes off towards the stars. Each of five images was shot by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used an inflatable camera that had a lens to capture the individual images, which were later put together into the final image. The result is a truly out of this world image that reveals the beauty of Earth as well as the futuristic, hyper-realistic view of the car erupting from it. The Space lambo keys will be auctioned off in the near future, but the exact date and time of the event hasn't been revealed yet.

The auction

With the slogan "to the moon', luxury automobile manufacturer Lamborghini has entered the realm of non-fungible tokens (NFT) with a mesmerizing project in collaboration with NFT PRO(tm). The Space Key Space petron key to lamborghini (Continuing) is an NFT made of composite carbon fiber which was transported to the International Space Station for research purposes in 2019. The physical sample was shaped into five unique pieces that connect to exclusive digital artworks designed only by an artist who has yet to be revealed via the QR code.

The auctions, which will take place 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 the lunar orbit. The five NFTs can be bid on by creating an account online. Each one will be auctioned by itself and the winner will be awarded a digital artwork designed by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its journey through space.

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