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

After a number of social media posts that hint at it, Italian supercar-maker Lamborghini has finally revealed its first NFT (non-fungible token) project. It's called Space Key and created in collaboration with an undisclosed artist It is based 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 automobile manufacturer is making its first step into the world non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a work that was created in collaboration with an unknown artist. The one-of-a-kind NFT is a tangible object which connects to a unique digital artwork accessible through a QR code on the back. The project is a limited edition and will be auctioned off in the coming weeks.

The Space Key is made from carbon fiber composite material which Lamborghini shipped to the International Space Station in 2019 as part of an investigation project. After returning to earth, the carbon fiber was then sculpted into this unique artwork. The physical piece is equipped with an NFT serial code that ties to the digital artwork through a QR code on the back.

NFTs, for those who aren't familiar are unique identifiers which are recorded on an open ledger on the blockchain and linked to an digital asset like a photograph video, song, or other record. This allows owners to verify the authenticity, scarcity, and tracking of their tokens across the internet.

Working with NFT PRO White-label NFT solution for businesses, lamborghini key will take this unique approach to art to the next level. In the coming months, Lamborghini will announce details about this exciting venture. This will include the names of the artists unknown to them and a timeline for auction.

The physical element of Space Key

In the wake of numerous social media posts that tease something space-themed, Italian supercar maker Lamborghini has stepped into the realm of non-fungible tokens (NFT) by launching an exclusive project dubbed Space Key. Created in collaboration with an unknown artist, the NFT is a sought-after item that will be auctioned off in just a few weeks. Its core is composed of a high-tech carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a research program. The carbon fiber was 3D printed to form the base of each Space Key, which is connected to an exclusive, purely digital design using a QR code on its backside. Only five Space Keys were produced.

NFTs are unique identifiers that can be recorded on distributed ledgers such the Blockchain and linked to a digital asset such as pictures. They're a hot topic among people with more money than sense It was just an issue of time before an automaker decided to cash in on the trend.

Space Key consists of five units. They were constructed with a physical part of carbon fiber composite that was sent to the ISS in 2019. Each NFT will come with a QR code which links it to a special digital artwork created by the same artist. More details will be revealed in the coming days and weeks, including the artist's name as well as the digital artwork, and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social media posts hinting it, luxury automobile maker Lamborghini finally revealed its first project for tokens that are non-fungible (NFT). The Space Key is a collection of five physical items which will unlock a special digital art by an unidentified artist. Developed in collaboration with NFT PRO(tm) The 'collector's piece' is limited to only 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 program. After returning to Earth the Space Key was stamped with the QR code which links it to the digital component of the Space Key.

Each of the five Space Keys features a different moment that occurs at different times as the Lamborghini Ultimae takes off towards the stars. More than 600 million pixels each of the five images, that were taken by photographer Fabian Oefner.

Oefner utilized a balloon with a camera that captured each of the individual images, which were later merged into the final image. The result is a truly out of this world image that reveals the beauty of Earth and the futuristic, hyper-realistic image of the car rising from it. The Space Keys will be auctioned off soon, but the exact date and time of the event hasn't been set yet.

The auction

Lamborghini, the luxury 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 Petron key to lamborghini is essentially an NFT that is made up of carbon fiber composite material that was sent to the International Space Station in 2019 to conduct research. The actual sample was shaped into five unique pieces that link to exclusive digital art work created exclusively by an artist whose name has not yet been announced via the QR code.

The auctions, which will occur between February 1 through February 4, last for 75 hours and 50 minutes, the same time it took Apollo 11 to leave Earth and enter the lunar orbit. By making an online registration, you can bid on five NFTs. Each one will be auctioned in a separate auction and the winner will be awarded an artwork digitally created by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its flight through space.

More details about the Space Key and its accompanying digital artworks will be released in the coming weeks including the identity of the unidentified artist as well as information on how to get these incredible creations. Follow lamborghini key fob's Instagram for all the information you require!