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 announced its first NFT (non-fungible token) project. Dubbed Space Key and created in collaboration with an unidentified artist, it is based on a piece of advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

Developed in collaboration NFT PRO(tm).

Italian supercar maker Lamborghini is taking a dive into the world of non-fungible tokens (NFTs). The new project, dubbed the Space Key - is a piece of art made by a collaboration with an unidentified artist. The NFT is an exclusive piece of digital art that is accessable via an QR code. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made of carbon composite material which lamborghini countach key as part of a research project in the year 2019 sent to the International Space Station. When it returned to earth the carbon fiber was transformed into this distinctive artwork. The physical piece is equipped with an NFT serial number that is linked to the digital artwork via QR code on the rear.

For those who aren't in the aware, NFTs are unique identification numbers that are stored on a distributed blockchain ledger and tied to a digital asset such as a video, image or any other recording. This lets owners ensure the authenticity, scarcity and trackability of their tokens over the internet.

Lamborghini takes this unique approach to art to a new level by collaborating with NFT PRO - a white label NFT solution for businesses. In the coming months, lamborghini car key will announce details about this exciting venture. This will include the names of the unknown artists and a timetable for auction.

The physical component of Space petron key to lamborghini keys (galloway-Ivey.blogbright.Net)

In the wake of numerous social media posts that tease some kind of space-themed item, Italian supercar maker Lamborghini has stepped into the realm of tokens that are not fungible (NFT) by launching an exclusive project dubbed Space Key. The NFT was developed in collaboration with a mysterious artist and will be auctioned in just a few weeks. Its underlying structure is composed of a high-tech carbon fibre composite material, which was sent to the International Space Station in 2019 as part a research project. The carbon fiber was 3D printed to create the base of each Space Key, which is connected to an exclusive, entirely digital artwork via an 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 linked to digital assets such as images. They're a hot topic for those with more money than sanity and it was only a matter time before an automaker decided to cash in on the trend.

Space Key consists of five units and was built with a physical part of carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will have a QR code which links it to a special digital art work created by the same artist. More details will be revealed in the coming days and weeks, including the artist's name who created the digital art work and the method of purchasing one of the five Space lambo keys.

The digital artwork

After weeks of social media posts hinting it, luxury car maker Lamborghini finally revealed its first venture for tokens that are non-fungible (NFT). The Space Key is a collection of five physical items which unlocks a unique digital artwork by the yet to be identified artist. Developed in collaboration with NFT PRO(tm), the "collector's work" is limited to only five units and will be auctioned off soon.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material, which was sent to the International Space Station as part of a 2019 research program. After returning to Earth the space key was stamped with an QR code that 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 make each of the five images which were captured by photographer Fabian Oefner.

Oefner utilized a balloon with a camera to capture each of the individual shots, which were then merged into the final image. The result is a photo that is completely out of the world. It captures both the beauty of Earth and the futuristic, hyperrealistic image of a car rising away from the Earth. The Space Keys are going to be auctioned in the near future, however there's no precise date or time yet.

The auction

With the slogan "to the moon', the prestigious automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a fascinating project developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material, which was sent to the International Space Station in 2019 for research purposes. The physical sample has been cut into five distinct items that each link to exclusive and digital artworks by an unidentified artist through the QR code on their backs.

The auctions, which take place between February 1 and February 4, will last for 75 hours and 50 minutes, the same time it took Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be bid on by signing up online. Each will be sold separately and the winner will be awarded an artwork digitally created by the renowned photographer Fabian Oefner, which captures the five different times the Space Key passed during its flight through space.

In the next few weeks, we'll unveil all the details of the Space Key as well as the digital artworks that go with it. This includes the identity of the unknown creator and how to purchase these amazing creations. Keep an eye on Lamborghini's Instagram for all the info you require!