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

Following a string of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key was developed in collaboration with a non-disclosed artist and based upon advanced carbon fiber composite materials, which were sent to the International Space Station as research material, is a project that has been revealed by Lamborghini.

Developed in collaboration with NFT PRO(tm)

Lamborghini, the Italian lambo car key manufacturer is taking the first step into the world non-fungible tokens (NFTs). The latest project, named the Space Key, is a piece that was developed by a lone artist. The NFT is a unique piece of digital art that is accessible via a QR code. The project is limited and will be auctioned off within the next few weeks.

The Space Key is made from a carbon fiber composite material that Lamborghini smuggled to the International Space Station in 2019 as part of research project. The carbon fiber was then created into a distinctive artwork after it returned to Earth. The physical object is imprinted with an NFT serial number which ties to the digital artwork by using QR codes on the back.

NFTs, for those who are not familiar are unique identifiers that are stored on a distributed ledger of the blockchain and connected to a digital asset such as a photograph video, song, or other record. This allows owners to ensure authenticity and the scarcity of tokens via the internet.

Working with NFT PRO, a white-label NFT solution for businesses, Lamborghini has taken this unique approach to art to the next level. In the coming weeks, Lamborghini will share details about this exciting venture. This will include the names of the artists unknown to them and a schedule for auction.

The physical element of Space Key

Following a string of social media posts teasing something space-themed, Italian supercar maker Lamborghini has stepped into the realm of tokens that are not fungible (NFT) with a unique project called Space Key. The NFT was created in collaboration with a mysterious artist and will be auctioned within a few weeks. At its heart is a piece made of 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 basis of each Space Key, which is linked with an exclusive, digital design using a QR code on the back of the key. Five Space Keys have been produced.

NFTs are unique identifications that can be stored in distributed ledgers like the Blockchain and connected to digital assets like pictures. They're a hot topic among people with more money than sense It was just a matter of time before an automaker decided to cash in on the trend.

Space lambo car key consists of five units and was built using a physical piece of 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 QR codes on the backside of the carbon fiber piece. More details will be made available in the coming weeks and days, including the name of the artist along with the digital artwork and how to buy one of the five Space Keys.

The digital artwork

After months of social media posts hinting at it, luxury automobile manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Petron key to Lamborghini is a collection of five physical objects that unlocks an exclusive digital artwork by a yet to be identified artist. The project was developed in collaboration with NFT PRO(tm) the "collector's work" is limited to five units and will soon be auctioned off.

At the heart of each Space Key is a block made of the most advanced carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research program. After returning to Earth it was stamped with an QR code that 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 as the lamborghini huracan key Ultimae takes off towards the stars. Each of five images was shot by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used a balloon with a camera to capture each of the individual shots that were then merged to create the final image. The result is an out of this world photo that captures the beauty of Earth and the futuristic, hyper-realistic image of the car key lamborghini erupting from it. The Space Keys are going to be auctioned in the near future, however there's no precise date or location 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 developed in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material that actually traveled to the International Space Station in 2019 to conduct research. The physical sample has now been reshaped into five unique items that each link to exclusive and purely digital artworks by an unidentified artist through the QR code that is on their backs.

The auctions will run from February 1 through February 4. The auctions will last for 75 hours and 50 minutes - the time it took Apollo 11 for him to leave Earth and enter the Lunar orbit. The five NFTs can be bid on by registering online. Each one will be sold by itself 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 in space.

In the coming weeks, we'll unveil all the details of the Space Key as well as the digital artworks that accompany it. This includes the identity of the mysterious creator and the best way to purchase these amazing artworks. Follow Lamborghini on Instagram for all the details you need!