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

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

In collaboration with NFT PRO(tm)

Lamborghini, the Italian car manufacturer, is taking a first step into the world non-fungible tokens (NFTs). The latest project, named the Space Key, is a work that was created by a lone artist. The unique NFT is a tangible item that has a link to exclusive digital artwork that can be accessed via a QR code on the back. The project is limited and will be auctioned off within the next few weeks.

The Space Key is made of carbon composite material which lamborghini car key, as part a research project in the year 2019 and sent to the International Space Station. Once it returned to earth the carbon fiber was crafted into this unique art. The physical object includes an NFT serial number that is linked to the digital art work via a QR code on the rear.

NFTs for those who are not familiar are unique identifiers which are stored on an open ledger on the blockchain and linked to a digital asset such as a picture, video, song or any other kind of record. This allows owners to ensure authenticity, scarcity, and trackability of tokens through the internet.

Working with NFT PRO White-label NFT solution for businesses, lamborghini keys will take this unique approach to art to a new level. Over the next few weeks the company will be sharing details about this exciting project, including the name of the unknown artist as well as a timeline for the auction.

The physical component of Space Key

In the wake of numerous social media posts teasing something that was space-related, Italian supercar maker Lamborghini has stepped into the realm of tokens that are not fungible (NFT) with a unique project dubbed Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned within a few weeks. At its heart is a piece of advanced carbon fiber composite material that was shipped to the International Space Station (ISS) in 2019 as part an investigation project. Carbon fiber was 3D-printed for the base of each Space Key. Each Space Petron key to Lamborghini is linked to an exclusive, digital artwork via the QR code. Five Space Keys have been produced.

NFTs are unique identifiers that can be stored on distributed ledgers such as the Blockchain and linked to digital assets such as images. It's a hot subject among people who have more money than common sense. It was just an issue of time before automakers decided to cash in.

Space Key consists of five units. It was constructed with a physical part of the carbon fiber composite that was shipped to the ISS in the year 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist using a QR code on the backside of the carbon fiber component. In the coming weeks and days, more information 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 social media posts that hinted at it, a prestigious car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical objects that allows you to access an exclusive digital work by a yet to be identified artist. It was created in collaboration with NFT PRO(tm) the "collector's work" is limited to only five units and will soon be auctioned off.

Each Space Key contains a block composed of a carbon-fire composite material. It was shipped to the International Space Station as part of a 2019 research program. After returning to Earth the space key was imprinted with a QR code, which connects it to the digital component of the Space Key.

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

Oefner employed an inflatable camera that had lenses to capture the individual images, which were later assembled into the final photograph. The result is a photo that is out of this world. It captures the beauty of Earth and the futuristic, hyperrealistic view of a car rising away from the Earth. The Space Keys are going to be auctioned off in the near future, but there is no exact date or location yet.

The auction

With the tagline 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) by launching a hypnotic project created in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material that actually went to the International Space Station in 2019 to conduct research. The physical sample has now been reshaped into five unique objects that connect to exclusive digital artworks by an unknown artist using the QR code that is on their backs.

The auctions will be held from February 1 through February 4. They will last for 75 hours and 50 minutes - the time it took Apollo 11 for him to leave Earth and enter lunar orbit. The five NFTs are available for bidding by signing up online. Each NFT will be sold separately and the winner will get an original digital art work by the renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its space voyage.

Over the next few weeks, we will reveal all the details regarding the Space Key as well as the digital artworks that come with it. This includes the identity of the unidentified creator, as well as how to purchase these amazing creations. Follow Lamborghini on Instagram for all the details you need!