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

After a series of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. The project is dubbed Space Key and developed in collaboration with an undisclosed artist, it is made up of an advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

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

lamborghini huracan key, the Italian supercar maker is making its first step into the world of non-fungible tokens (NFTs). The latest project, named the Space Key, is a work that was created in collaboration with a unknown artist. The one-of-a-kind NFT is a tangible item that has a link to exclusive digital artwork that can be accessed via an QR code printed on the back. The project is limited and will be auctioned off in the coming weeks.

The Space Key is made of carbon composite materials that Lamborghini as part of a research project in the year 2019 was sent to the International Space Station. The carbon fiber was crafted into a unique artwork after it returned to Earth. The physical piece is equipped with an NFT serial code that connects to the digital artwork via QR code printed 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, video, song or any other type of record. This enables owners to guarantee the authenticity, scarcity and the trackability of their tokens through the internet.

Lamborghini takes this unique approach to art to a new level by working with NFT PRO - a white label NFT solution for business. In the coming weeks, Lamborghini will release details about this exciting venture. This will include the names of the artists who are unknown and a schedule for auction.

The physical component of Space Key

Following multiple social media posts teasing some kind of space-themed item, Italian supercar maker Lamborghini has entered the world of tokens that aren't fungible (NFT) by launching an exclusive project called Space Key. The NFT was created in collaboration with a mysterious artist and will be auctioned in a few short weeks. At its heart is a piece of advanced carbon fiber composite material, which was sent to the International Space Station (ISS) in the year 2019 as part of an experiment. Carbon fiber was 3D printed for the base of each Space Key. Each Space Key is connected to a unique, digital artwork via QR codes. Only five Space Keys were produced.

NFTs are unique identifications that can be recorded in distributed ledgers, such as the Blockchain and linked to digital assets such as images. They're the latest trend among people with more money than sense It was just a matter of time until an automaker decided to capitalize on the trend.

Space petron key to Lamborghini consists of five units and was built using a physical piece of the carbon fiber composite which was delivered to the ISS in 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist using a QR code printed on the back of the carbon fiber piece. More details will be made available in the coming weeks and days including the name of the artist 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 hints, luxury automobile maker Lamborghini finally announced its first project involving tokens that are non-fungible (NFT). The Space Key is a collection of five physical items that unlocks an exclusive digital artwork by the yet to be identified artist. Developed in collaboration with NFT PRO(tm) the 'collector's piece' is limited to five units and will soon be auctioned off.

Each Space Key contains a block composed of a carbon-fire composite material, which was shipped to the International Space Station as part of a 2019 research program. After returning to Earth, the block was engraved using a QR codes that connect to the digital element of the Space petron key to lamborghini.

Each of the five Space Keys will feature a distinct moment that happens seconds apart as the Lamborghini Ultimae lifts off toward the stars. More than 600 million pixels make up each of the five images, which were captured by photographer Fabian Oefner.

Oefner used a balloon equipped with a camera to take each of the individual shots that were then merged to create the final image. The result is an amazing out of the world photograph that captures both the beauty of the Earth as well as the futuristic, hyper-realistic image of the car rising from it. The Space Keys will be auctioned off in the near future, however the exact date and location of the event haven't been confirmed yet.

The auction

Lamborghini the premium 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 material which was transported to the International Space Station for research purposes in the year 2019. The physical sample has been shaped into five unique objects that connect to exclusive digital artworks created by an as-yet undisclosed artist via the QR code printed on their backs.

The auctions, which take place between February 1 through 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 registering online, you can bid on five NFTs. Each one will be auctioned individually and the winner will receive an original digital art work created by the renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its flight through space.

In the next few weeks, we will reveal all the details of the Space key lamborghini aventador as well as the digital artworks that accompany it. This includes the identity of the unidentified creator and the best way to purchase these amazing artworks. Follow Lamborghini's Instagram for all the information you require!