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

Following a series of social media posts hints at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. Dubbed Space Key and created in collaboration with an unknown artist the project is based on a piece of advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.

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 project, dubbed the Space Key - is a piece of art made in collaboration with a lone artist. The NFT is a unique piece of digital art that is accessed through an QR code. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space Key is made of a carbon composite material that lamborghini huracan key, as part a research project in 2019, sent to the International Space Station. After returning to earth the carbon fiber was transformed into this unique artwork. The physical component includes an NFT serial code that ties to the digital artwork via QR code on the back.

NFTs for those not familiar are unique identifiers which are stored on a distributed ledger of the blockchain and linked to a digital asset, such as a photo video, song, or other recording. This allows owners to ensure authenticity and the scarcity of tokens through the internet.

Lamborghini takes this unique approach to art by collaborating with NFT PRO - a white label NFT solution for business. Over the next few weeks Lamborghini will reveal details about this exciting project, including the name of the unidentified artist, as well as the timeline for the auction.

The physical component of Space Key

After multiple social media posts teasing something that was space-related, the Italian supercar manufacturer Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive project named Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned within a couple of weeks. Its base is made of advanced carbon fibre composite material, which was sent 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 petron Key to lamborghini, which is connected to an exclusive, entirely digital artwork using an QR code on its backside. Just five Space Keys have been produced.

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

Space Key consists of five units and was built by using a piece of the carbon fiber composite that was sent to the ISS in 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist via a QR code on the back of the carbon fiber piece. In the coming weeks and days, more information will be revealed including the name and digital artwork of the artist as well how to purchase one of the five Space Keys.

The digital artwork

After weeks of posts on social media hints at it, luxury car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The project is dubbed the Space Key, it consists of five items that unlock an exclusive digital art work NFT by a yet-to-be-identified artist. The 'collectors piece' was developed in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned off soon.

Each Space Key contains a block composed of a 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 features a different moment that takes place at different times when 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 employed an inflatable camera equipped with an lens to take individual images, which were then assembled into the final photograph. The result is a photograph that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic look 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 manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a fascinating project in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material that actually went to the International Space Station in 2019 for research purposes. The physical sample has been transformed into five unique items that each link to exclusive and purely digital artworks created by an as-yet unidentified artist through the QR code on their backs.

The auctions, which will be held between February 1 and February 4, will last for 75 hours and 50 minutes - the same time it took for Apollo 11 to leave Earth and enter lunar orbit. The five NFTs are available for bidding by making an online registration. Each NFT will be sold individually and the winner will get a digital artwork by renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its flight through space.

Over the next few weeks, we'll unveil all the details regarding the Space Key as well as the digital artworks that accompany it. This includes the identity of the mysterious creator and how to purchase these amazing artworks. Stay tuned to Lamborghini's Instagram for all the details you need!