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

After a string of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space petron key to lamborghini is being developed in collaboration with a non-publicized artist and based on the latest carbon fiber composite materials that were shipped to the International Space Station as research material, is a new project that has been revealed by Lamborghini.

The product was developed in collaboration with NFT PRO(tm)

Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The new initiative - named the Space Key - is a work of art that was made by a collaboration with a lone artist. The unique NFT is a tangible item which connects to a unique digital artwork accessible through a QR code that is located on the back. The project is limited and will be auctioned off in the next few weeks.

The Space Key is made of carbon composite materials that Lamborghini, as part of a research project in 2019 sent to the International Space Station. After it returned to Earth, the carbon fiber was then sculpted into this distinctive artwork. The physical element has an NFT serial code that links to the digital image via QR code 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 digital assets, such as a photo or video, song or any other kind of record. This allows owners to ensure authenticity and scarcity as well as trackability of tokens through the internet.

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

The physical element of the Space Key. Space Key

Following a string of social media posts teasing something that was space-related, Italian supercar maker Lamborghini has entered the world of non-fungible tokens (NFT) with a unique project called Space Key. Developed in collaboration with an unknown artist The NFT is a collector's piece that will be auctioned off within a few weeks time. Its core is a piece comprised of an advanced carbon fibre composite material, which was delivered to the International Space Station in 2019 as part of a research project. The carbon fiber has been 3D printed to form the basis of each Space Key, which is linked with an exclusive, entirely digital artwork through an QR code on its backside. Five Space Keys have been produced.

NFTs are unique identifications that are recorded in distributed ledgers, such as the Blockchain and linked to digital assets like images. They're a hot topic among people with more money than sanity So it was only a matter of time until an automaker decided to capitalize on the trend.

Space Key consists of five units and was built using a real piece of 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 through an QR code that is located on the backside of the carbon fiber element. More details will be revealed in the coming days and weeks, including the artist's name along with the digital artwork and how to purchase one of the five Space Keys.

The digital artwork

After several weeks of social media posts that hinted at it, the luxury car key lamborghini manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five items that unlocks a unique digital artwork by the yet to be identified artist. The 'collectors piece' was created in collaboration with NFTPRO(tm) and is limited to just five units. It is scheduled to be auctioned in the near future.

The core of each Space Key is a block made of a high-tech carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research project. After returning to Earth the block was inscribed with a QR code that links 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 Ultimae takes off towards the stars. Each of the five images was captured by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used a balloon with a camera to take each of the individual shots, which were later merged into the final image. The result is an amazing out of the world image that captures the beauty of Earth and the futuristic, hyper-realistic picture of the car erupting from it. The Space Keys will be auctioned off in the near future, however the exact date and location of the event hasn't been confirmed yet.

The auction

Lamborghini the premium automaker, has entered the world 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 has carbon fiber composite material which actually was sent to the International Space Station in 2019 to conduct research. The actual sample has been reshaped into five unique items that each link to exclusive and digital artworks by an undisclosed artist via the QR code printed on their backs.

The auctions will take place from February 1 through February 4. They will last 75 hours and 50 minutes - the amount of time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By making an online registration, you can bid on the five NFTs. Each one will be sold individually and the winner will receive an original digital art work designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its journey through space.

In the next few weeks, we'll reveal all the details about the Space Key as well as the digital artworks that accompany it. This includes the identity of the mysterious creator as well as the method of purchasing these amazing creations. Follow Lamborghini on Instagram for all of the details you need!308785165_499195788347328_5859105632268553197_nlow.jpg

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