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

After a string of social media posts hints at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. It's called Space Key and developed in collaboration with an unidentified artist, it is based on a piece of advanced carbon fiber composite material, which was sent to the International Space Station for research purposes.

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 that was created in collaboration with a lone artist. The one-of-a-kind NFT is a physical item that links to exclusive digital artwork, accessible via an QR code printed 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 took to the International Space Station in 2019 as part of an experiment. The carbon fiber was created into a distinctive artwork after it returned to Earth. The physical object is imprinted with an NFT serial number that ties to the corresponding digital artwork via a QR code on the back.

For those who don't know, NFTs are distinct identifiers that are recorded on a distributed blockchain ledger that is linked to a digital asset such as a photo, video, music or other record. This allows owners to ensure authenticity and traceability of their tokens over the internet.

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

The physical element of the Space Key. Space Key

After numerous social media posts, each one revealing something space-themed the Italian supercar manufacturer Lamborghini launched its non-fungible (NFT) tokens through an exclusive project dubbed Space Key. It was developed in collaboration with an unidentified artist, the NFT is a collector's item that will be auctioned off within a few weeks time. The NFT is a piece of high-tech carbon fiber composite material, which 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 basis of each Space Key, which is linked with an exclusive, purely digital artwork through an QR code on its backside. Only five Space Keys were produced.

NFTs are unique identification numbers that can be recorded on distributed ledgers like the Blockchain and tied to a digital asset such as images. They're a hot topic among people with more money than sanity So it was only a matter time before an automaker decided to capitalize on the trend.

Space Key consists of five units. The components were built by using a piece of the carbon fiber composite, which was sent to the ISS in the year 2019. Each NFT will have an QR code that connects it to a unique digital art piece by the same artist. More details will be revealed in the coming weeks and days, including the artist's name along with the digital artwork and how to buy one of the five Space Keys.

The digital artwork

After weeks of social media posts that hinted at it, a prestigious car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. It's called the Space Key, it consists of five items that unlock an exclusive digital artwork NFT by a yet-to-be-identified artist. Developed in collaboration with NFT PRO(tm) the collector's piece is limited to five units and will soon be auctioned off.

The heart of every Space Key is a block of carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research project. After returning to Earth the block was engraved with QR codes that link to the digital element within the Space Key.

Each of the five Space Keys features a different moment that occurs at different times when the Lamborghini Ultimae takes off towards the stars. Each of five images was shot by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used an inflatable camera with a lens to capture the individual images, which were later put together into the final image. The result is a picture 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 off soon, but there is no specific date or location yet.

The auction

With the slogan "to the moon', the prestigious automobile maker lamborghini keys has entered the realm of non-fungible tokens (NFT) with a fascinating project in collaboration with NFT PRO(tm). The Space Petron Key To Lamborghini is essentially an NFT made of carbon fiber composite material which actually was sent to the International Space Station in 2019 for research purposes. The actual sample has been cut into five distinct objects that connect to exclusive digital artworks created by an as-yet unidentified artist through the QR code printed on their backs.

The auctions are scheduled to take place from February 1 until February 4. The auctions will last for 75 hours and 50 minutes, which is the time it took Apollo 11 for him to leave Earth and enter Lunar orbit. By enrolling online, you'll be able to bid on five NFTs. Each NFT will be sold separately and the winner will get an original digital art work by the renowned photographer Fabian Oefner that captures five different moments 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 unidentified artist as well as the best way to purchase these extraordinary creations. Follow Lamborghini's Instagram for all the info you need!