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

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

Developed in collaboration with NFT PRO(tm)

Lamborghini, the Italian supercar maker is making its first step into the world non-fungible tokens (NFTs). The latest project - dubbed the Space Key - is a piece of art made in collaboration with an artist who is not known. The NFT is a unique piece of digital art that is obtained by scanning a QR code. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space petron Key to lamborghini is made from a carbon fiber composite material that Lamborghini took to the International Space Station in 2019 as part of a research project. Once it returned to earth, the carbon fiber was crafted into this unique art. The physical piece is embossed with an NFT serial number, which is tied to the digital artwork by using QR codes on the back.

NFTs, for those not familiar, are unique identifiers that are stored on a distributed ledger of the blockchain and linked to a digital asset such as a picture video, song, or any other kind of record. This allows owners to guarantee authenticity and scarcity as well as trackability of their tokens over the internet.

Lamborghini takes this unique approach to art a step further by collaborating with NFT PRO, an white label NFT solution for businesses. In the coming months, Lamborghini will announce details about this exciting project. This will include the names of the unknown artists and a schedule for auction.

The physical element of Space Key

After a series of social media posts teasing something related to space, Italian supercar maker Lamborghini has stepped into the realm 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 item that will be auctioned off within a couple of weeks. The core of the NFT is a piece that's made of the latest carbon fiber composite material that was shipped to the International Space Station (ISS) in 2019 as part of a research project. Carbon fiber was 3D-printed for the base of every Space Key. Each Space Key is connected to a unique, digital artwork using QR codes. Only five Space Keys were produced.

NFTs are unique identifications that are recorded in distributed ledgers like the Blockchain and connected to digital assets like images. It's a hot subject among people with more money than common sense. So it was only a question of time before automakers decided to cash in.

Space key lamborghini aventador consists of five units. The components were built with a physical part of the carbon fiber composite that was shipped to the ISS in the year 2019. Each NFT will be connected to an exclusive digital artwork by the same artist by using QR codes on the backside of the carbon fiber piece. In the coming weeks and days, more details will be revealed including the name and digital artwork of the artist and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social media posts hinting at it, the luxury car maker Lamborghini finally announced its first venture for non-fungible tokens (NFT). Called the Space Key, it consists of five physical items that unlock an exclusive digital artwork NFT by a yet-to-be-identified artist. It was created in collaboration with NFT PRO(tm) The collector's piece is limited to five units and will be auctioned off shortly.

Each Space Key contains a block made of advanced carbon-fire composite material, which was sent to the International Space Station as part of a 2019 research project. After returning to Earth, it was engraved 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 seconds apart as the lamborghini key replacement Ultimae lifts off toward the stars. More than 600 million pixels each of the five images which were shot by photographer Fabian Oefner.

Oefner used a balloon with a camera to capture each of the individual shots which were then combined into the final image. The result is a photograph that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic view of a car rising from the Earth. The Space Keys will be auctioned off in the near future, however the exact date and location of the auction hasn't been revealed 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 is essentially an NFT that has carbon fiber composite material that actually was sent to the International Space Station in 2019 for research purposes. The actual sample has been cut into five distinct items that each link to exclusive digital artworks created by an as-yet unknown artist using the QR code that is on their backs.

The auctions, which will occur between February 1 and February 4, will last for 75 hours and 50 minutes, the same amount of time it took Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs can be purchased by registering online. Each NFT will be sold individually and the winner will get a digital artwork by renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its space voyage.

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 information on how to obtain these amazing creations. Keep an eye on Lamborghini's Instagram for all the info you need!