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

Following a string of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key is a project that was created in collaboration with an unidentified 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 that has been announced by Lamborghini.

Developed in collaboration NFT PRO(tm).

Italian supercar maker Lamborghini is diving its toes into the world of non-fungible tokens (NFTs). The new initiative - named the Space Key - is a work of art that was 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 via a QR code on the back. The project is a limited edition and will be auctioned off in the coming weeks.

The Space Petron key to Lamborghini is made from carbon fiber composite material which lamborghini keys shipped to the International Space Station in 2019 as part of an experiment. Once it returned to earth, the carbon fiber was transformed into this unique art. The physical element has an NFT serial code that connects to the digital art work via a QR code on the rear.

NFTs, for those not familiar are unique identifiers that are stored on a distributed ledger of the blockchain and linked to a digital asset such as a photograph, video, song or any other type of record. This enables owners to guarantee the authenticity, scarcity and the traceability of their tokens on the internet.

Working with NFT PRO which is a white-label NFT solution for businesses, Lamborghini is taking this unique approach to art to a new level. In the coming weeks, Lamborghini will reveal details about the exciting project, including the name of the unidentified artist and a timetable for the auction.

The physical component of the Space Key. Space Key

After a series of social media posts teasing something that was space-related, Italian supercar maker Lamborghini has stepped into the realm of non-fungible tokens (NFT) with a unique project dubbed Space Key. Developed in collaboration with an unidentified artist The NFT is a collector's item that will be auctioned off within a few weeks. It is a piece that's made of the latest carbon fiber composite material that was sent to the International Space Station (ISS) in the year 2019 as part of an experiment. The carbon fiber was 3D printed to form the base of each Space Key, which is linked with an exclusive, purely digital design using the QR code that is on its backside. Only five Space Keys were produced.

NFTs are unique identifiers that can be stored on distributed ledgers like the Blockchain and linked to digital assets such as pictures. They're the latest trend for those with more money than sanity, 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 by using a carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist using a QR code on the back of the carbon fiber element. More details will be made available in the coming days and weeks, including the artist's name along with the digital artwork and the method of purchasing one of the five Space Keys.

The digital artwork

After weeks of social-media posts hinting it, luxury car key lamborghini maker Lamborghini finally revealed its first project involving non-fungible tokens (NFT). It's dubbed the Space Key, it consists of five items that unlock an exclusive digital artwork NFT created by an unidentified artist. The project was developed in collaboration with NFT PRO(tm) the "collector's item" is limited to 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, which 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 the QR code which links it to the digital component of the Space Key.

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. Each of five images was shot by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used an inflatable camera equipped with a lens to capture the individual images, which were later combined into the final photo. The result is a photograph that is out of this world. It captures the beauty of Earth and the futuristic, hyperrealistic picture of a car rising away from the Earth. The Space Keys will be auctioned off in the near future, however the exact date and time of the auction hasn't been set yet.

The auction

Lamborghini, the luxury automaker has entered the world of non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key Space Key is an NFT which is composed of carbon fiber that was actually shipped to the International Space Station for research purposes in the year 2019. The physical sample was shaped into five unique pieces that link to unique digital artworks created only by an artist who has not yet been revealed via the QR code.

The auctions, which will occur between February 1 until February 4, last for 75 hours and 50 minutes - the same time it took for Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be purchased by creating an account online. Each one will be sold in a separate auction and the winner will be awarded a digital artwork created by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight in space.

In the coming weeks, we'll be revealing all the details of the Space Key as well as the digital artworks accompanying it. This includes the identity of the unidentified creator and how to purchase these amazing artworks. Follow lamborghini digital key's Instagram for all the info you require!