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

After a string of social media posts suggesting it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Space Key is being developed in collaboration with a non-publicized artist, and based on cutting-edge carbon fiber composite materials, which were sent to the International Space Station as research material, is a new project that was announced by Lamborghini.

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

Italian supercar maker lamborghini car keys is taking a dive into the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space key lamborghini aventador, is a piece created in collaboration with an unidentified artist. The NFT is a unique piece of digital art that can be accessible via a QR code. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made from carbon fiber composite material that Lamborghini sent to the International Space Station in 2019 as part of research project. The carbon fiber was transformed into an original artwork after it returned to Earth. The physical element is imprinted with an NFT serial number that ties to the corresponding digital artwork via a QR code that is located on the back.

NFTs, for those who are not familiar they are unique identifiers that are recorded on an open ledger on the blockchain and connected to a digital asset such as a picture video, song, or other record. This allows owners to ensure authenticity and traceability of their tokens on the internet.

Lamborghini takes this unique approach to art a step further by collaborating with NFT PRO - an white label NFT solution for business. In the coming weeks Lamborghini will release details about the exciting project, including the name of the unknown artist and a timetable for the auction.

The physical element of Space Key

After numerous social media posts that teased some kind of space-themed item, the Italian supercar maker Lamborghini introduced the world of non-fungible (NFT) tokens through an exclusive initiative dubbed Space Key. The NFT was developed in collaboration with a mysterious artist and will go on auction within a few weeks. Its core is a piece composed of a high-tech carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a research project. The carbon fiber was 3D printed to form the basis of each Space Key, which is connected to an exclusive, purely digital artwork using the QR code printed on its backside. Just five Space Keys have been produced.

NFTs are unique identification numbers that can be recorded on distributed ledgers such as the Blockchain and linked to digital assets like pictures. This is a hot topic for people who have more money than common sense. So it was only a question of time before automakers decided to cash in.

Space Key consists of five units and was built with a physical part of the carbon fiber composite, which was sent to the ISS in the year 2019. Each NFT will come with an QR code that connects it to a special digital art piece by the same artist. 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 hinting at it, luxury automobile manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. It's called the Space Key, it consists of five physical items that unlock an exclusive digital artwork NFT by the unidentified artist. The collectors' item was developed in collaboration with NFTPRO(tm) and is limited to five units. It is scheduled to be auctioned in the near future.

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 research project in 2019. After returning to Earth the Space Key was engraved with a QR code that links it to the digital element of the Space Key.

Each of the five Space Keys will feature a distinct moment that occurs only seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was filmed by photographer Fabian Oefner and contains over 600 million pixels.

Oefner utilized an inflatable camera equipped with a lens 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 both the beauty of Earth and the futuristic, hyperrealistic view of a car rising away from the Earth. The Space Keys will be auctioned off in the near future, however the exact date and location of the event hasn't been announced yet.

The auction

With the slogan "to the moon', luxury automobile maker Lamborghini has entered the world of non-fungible tokens (NFT) with a captivating project that was developed in collaboration with NFT PRO(tm). The Space petron key to Lamborghini (telegra.ph) is an NFT which is composed of carbon fiber material that was actually taken to the International Space Station for research purposes in 2019. The physical sample was shaped into five unique pieces that link to exclusive digital artworks designed exclusively by an artist who has yet to be revealed through the QR code.

The auctions, which will begin between February 1 until February 4, last for 75 hours and 50 minutes, the same time it took Apollo 11 to leave Earth and enter lunar orbit. By signing up online, you will be able to bid on five NFTs. Each NFT will be sold individually and the winner will receive an original digital artwork created by world-renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its journey through space.

More details about the Space key lamborghini aventador and its accompanying digital artworks will be released in the coming weeks, including the identity of the unidentified artist as well as the best way to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all the details you require!