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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 revealed its first NFT (non-fungible token) project. Space Key, developed in collaboration with a non-disclosed artist and based on the latest carbon fiber composite materials, which were sent to the International Space Station as research material, is a project which was announced by Lamborghini.

Created in collaboration with NFT PRO(tm)

Lamborghini, the Italian automobile manufacturer has taken the first step towards the world of non-fungible tokens (NFTs). The latest project, named the Space petron key to lamborghini (click here to visit Technetbloggers for free), is a piece created by a lone artist. The unique NFT is a physical item which connects to a unique digital artwork, accessible via a QR code that is located on the back. 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 that lamborghini huracan key smuggled to the International Space Station in 2019 as part of an investigation project. Once it returned to earth the carbon fiber was crafted into this distinctive artwork. The physical element is inscribed with an NFT serial number that is linked to the corresponding digital artwork with an QR code on the back.

For those who don't know, NFTs are distinct identifiers recorded on a distributed blockchain ledger, and linked to digital assets such as a video, image or other type of record. This allows owners to guarantee authenticity and scarcity as well as trackability of tokens via the internet.

cropped-KeyLab-1-152x69.pngLamborghini takes this unique approach to art by collaborating with NFT PRO, an white label NFT solution for businesses. Over the next few weeks, Lamborghini will be sharing details about the exciting project, including the name of the unidentified artist as well as a timeline for the auction.

The physical component of Space Key

Following multiple social media posts teasing something related to space, Italian supercar maker lamborghini digital key has entered the world of tokens that are non-fungible (NFT) by launching an exclusive project dubbed Space Key. Created in collaboration with an unknown artist, the NFT is a collector's piece that will be auctioned off within a couple of weeks. Its core is a piece composed of a high-tech carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a research project. The carbon fiber has been 3D printed to create the base of each Space Key, which is connected to an exclusive, entirely digital artwork using an QR code on the back of the key. Just five Space Keys have been produced.

NFTs are unique IDs that can be logged in distributed ledgers like the Blockchain, and linked to digital assets like pictures. They're the latest trend among people with more money than It was just a matter of time until an automaker decided to cash in on the trend.

Space Key is made up of five units. It was designed by using a carbon fiber composite. It was delivered to the ISS in the year 2019. Each NFT is linked to an exclusive digital artwork by the same artist through an QR code that is located on the backside of the carbon fiber component. 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 months of posts on social media that hint at it, a prestigious car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. Called the Space Key, it consists of five items that unlock a unique digital artwork created by an artist yet to be identified. The 'collectors piece' was developed in collaboration with NFTPRO(tm) and is limited to just five units. It will be auctioned off soon.

At the heart of each Space Key is a block made of a high-tech 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 stamped with a QR code, which connects it to the digital element of the Space Key.

Each of the five Space Keys features a different moment that occurs at different times when the lamborghini car keys Ultimae takes off towards the stars. Over 600 million pixels each of the five images, which were captured by photographer Fabian Oefner.

311170119_2306394586188303_2849487588620745484_nlow.jpgOefner used a balloon with a camera that captured each of the individual shots which were then combined into the final image. The result is an out of this world image that captures the beauty of the Earth as well as the futuristic, hyper-realistic view of the car rising from it. The Space Keys will be auctioned off in the near future, but the exact date and location of the auction hasn't been revealed yet.

The auction

Lamborghini the automaker with the most luxurious design, has entered the world non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that is made up of carbon fiber composite material which actually went to the International Space Station in 2019 for research purposes. The actual sample has been cut into five distinct objects that connect to exclusive and purely digital artworks by an unknown artist using the QR code that is on their backs.

The auctions will take place from February 1 through February 4. They will last for 75 hours and 50 mins - the time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By registering online, you can bid on five NFTs. Each will be sold by itself and the winner will receive a digital artwork created by the renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its flight in space.

Full details about the Space Key and its accompanying digital artworks will be announced in the coming weeks, including the identity of the unidentified artist as well as information on how to obtain these amazing creations. Follow Lamborghini on Instagram for all of the details you require!
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