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

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

Created in collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The new project - called the Space Key - is a piece of art made Near by a collaboration with an unidentified artist. The NFT is a unique piece of digital art that can be accessible via a QR code. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space Key is made from a carbon fiber composite material which lamborghini huracan key shipped to the International Space Station in 2019 as part of an experiment. The carbon fiber was crafted into a unique artwork when it returned to Earth. The physical component includes an NFT serial code that links to the digital artwork via QR code located on the back.

For those not in the aware, NFTs are unique identifiers recorded on a distributed blockchain ledger, and linked to digital assets such as a photo, video or other type of record. This allows owners to guarantee authenticity and traceability of their tokens on the internet.

lamborghini key programming is taking this unique approach to art by working with NFT PRO, an white label NFT solution for business. Over the next few weeks, Lamborghini will be sharing details about this exciting project including the name of the unknown artist and a timetable for the auction.

The physical element of the Space Key

In the wake of numerous social media posts teasing something related to space, Italian supercar maker Lamborghini has entered the world of tokens that are non-fungible (NFT) by launching an exclusive project called Space Key. The project was created in collaboration with an unknown artist The NFT is a sought-after item that will be auctioned off in just a couple of weeks. Its underlying structure is made of advanced carbon fibre composite material, which was delivered to the International Space Station in 2019 as part of a research program. Carbon fiber was 3D printed to form the base of each space key lamborghini Key. Each Space Key is linked to an exclusive, digital image via a QR code. Only five Space Keys have been produced.

NFTs are unique identifications that are recorded in distributed ledgers, like the Blockchain and connected to digital assets like pictures. It's a hot topic with people with more money than they have common sense. It was only a matter of time until automakers decided to take advantage of.

Space Key is made up of five parts. It was designed with a carbon fiber composite that was delivered to the ISS back in the year 2019. Each NFT will have an QR code that connects it to an exclusive digital artwork created by the same artist. In the coming weeks and days, more details will be revealed including the name and digital artwork of the artist as well as how to purchase one of the five Space Keys.

The digital artwork

After weeks of posts on social media hints at it, the luxury car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five physical items which will unlock a special digital art by a yet to be identified artist. The collectors' piece was created in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned soon.

At the center of each Space Key is a block of carbon fire composite material, which was sent to the International Space Station in 2019 as part of a research project. After returning to Earth it 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 distinct moment that happens seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was taken by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used an inflatable camera equipped with lenses to capture the individual images, which were then added to the final picture. The result is a picture that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic picture of a car rising away from the Earth. The Space Keys are going to be auctioned soon, but there is no exact date or location as of yet.

The auction

With the slogan "to the moon', luxury automobile manufacturer Lamborghini has entered the realm of non-fungible tokens (NFT) by launching a hypnotic project that was developed in collaboration with NFT PRO(tm). The Space Key is an NFT which is composed of carbon fiber material which was transported to the International Space Station for research purposes in 2019. The physical sample has now been transformed into five unique objects that connect to exclusive digital artworks created by an unknown artist using the QR code that is on their backs.

The auctions, which will take place between February 1 until February 4, last for 75 hours and 50 minutes - the same amount of time it took for Apollo 11 to leave Earth and enter lunar orbit. By signing up online, you will be able to bid on five NFTs. Each one will be sold individually and the winner will be awarded a digital image created by the renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its flight through 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 unknown artist as well as the best way to purchase these extraordinary creations. Follow Lamborghini on Instagram for all the information you need!