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

Following a string of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. The project is dubbed Space petron key to lamborghini and developed 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.

311135906_1281855972636056_2987376612771239945_nlow.jpgCreated in collaboration with NFT PRO(tm)

Lamborghini, the Italian supercar maker has taken the first step towards the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a piece that was developed in collaboration with a unknown artist. The unique NFT is a tangible item which connects to a unique digital artwork that can be accessed via a QR code that is located on the back. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made from carbon fiber composite materials that Lamborghini sent to the International Space Station in 2019 as part of a research project. The carbon fiber was then crafted into a unique artwork after it returned to Earth. The physical piece is engraved with an NFT serial number which ties to the digital artwork via a QR code that is located on the back.

For those who aren't in the know, NFTs are distinct identification numbers that are stored on a distributed blockchain ledger, and linked to a digital asset, such as a photo, video or any other recording. This enables owners to guarantee the authenticity, scarcity and trackability of their tokens over the internet.

lamborghini car key is taking this unique approach to art a step further by working with NFT PRO - white label NFT solution for businesses. In the coming months, Lamborghini will announce details about the exciting project. This includes the name of the artists that are not known as well as a timeline for auction.

The physical component of Space Key

After a series of social media posts teasing 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. It was developed in collaboration with an unknown artist The NFT is a collector's item that will be auctioned off in just a few weeks time. The core of the NFT is a piece of high-tech carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part of an ongoing research project. The carbon fiber has been 3D printed to form the base 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 identification numbers that can be recorded on distributed ledgers like the Blockchain and tied to digital assets like images. They're popular among those who have more money than sense, so it was only a matter time before an automaker decided to cash in on the trend.

Space Key consists of five units. It was constructed using a physical piece of the carbon fiber composite that was shipped to the ISS in 2019. Each NFT will come with a QR code which links it to a unique digital art work created by the same artist. More details will be released in the coming weeks and days, including the name of the artist as well as the digital artwork, and how to buy one of the five Space Keys.

The digital artwork

After weeks of social-media posts hinting it, luxury automobile maker Lamborghini finally revealed its first project involving tokens that are non-fungible (NFT). Called the Space Key, it consists of five items that unlock a unique digital artwork NFT created by a yet-to-be-identified artist. Developed in collaboration with NFT PRO(tm) the "collector's item" is limited to five units and will soon be auctioned off.

Each Space Key contains a block comprised of the most advanced 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 with QR code that links to the digital element in the Space Key.

Each of the five Space lambo keys features a different moment that occurs at different times as the Lamborghini Ultimae takes off towards the stars. More than 600 million pixels each of the five images, that were taken by photographer Fabian Oefner.

Oefner utilized an inflatable camera equipped with lenses to capture the individual images, which were later added to the final picture. The result is a photo that is out of this world. It captures both 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 soon, but there isn't a specific date or location yet.

The auction

Lamborghini the luxury automaker, 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 Space key lamborghini aventador is an NFT that contains composite carbon fiber material that was actually taken to the International Space Station for research purposes in the year 2019. The actual sample has been transformed into five unique objects that connect to exclusive and digital artworks created by an unidentified artist through the QR code on their backs.

The auctions will be held from February 1 until February 4. They will run for 75 hours and 50 mins - the amount of time it took Apollo 11 for him to leave Earth and enter lunar orbit. By enrolling online, you'll be able to bid on the five NFTs. Each one will be auctioned in a separate auction and the winner will be awarded a digital artwork made by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its flight through space.

The full details of the Space Key and its accompanying digital artworks will be released over the next weeks including the identity of the unknown artist, as well as details on how to get these incredible creations. Follow lamborghini key on Instagram for all the details you need!KeyLab-1-e1658690716312-300x146.png

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