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

After a series of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Dubbed Space Key and developed in collaboration with an unknown artist and built on a piece of advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

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

Lamborghini, the Italian car manufacturer has taken the first step into the world of non-fungible tokens (NFTs). The new project, dubbed the Space petron key to lamborghini - is a piece of art made by a collaboration with an artist who is not known. The unique NFT is a physical item that links to exclusive digital artwork that can be accessed via a QR code that is located on the back. The project is limited to five pieces and will be auctioned off 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 research project. The carbon fiber was created into a distinctive artwork after it returned to Earth. The physical component is embossed with an NFT serial number, which is tied to the corresponding digital artwork by using a QR code that is located on the back.

For those who don't aware, NFTs are unique identifiers recorded on a distributed blockchain ledger. They are linked to a digital asset, such as a photo, video or music. This allows owners to ensure authenticity, scarcity, and trackability of their tokens on the internet.

Lamborghini takes this unique approach to art by working with NFT PRO, an white label NFT solution for businesses. Over the next few weeks, the company will be sharing details about this exciting project, including the name of the unknown artist and a timeline for the auction.

The physical element of the Space Key. Space Key

After a series of social media posts teasing some kind of space-themed item, Italian supercar maker Lamborghini has entered the world of tokens that aren't fungible (NFT) with an exclusive project called Space Key. Developed in collaboration with an unknown artist The NFT is a sought-after item that will be auctioned off within a couple of weeks. Its core is a piece made of advanced carbon fibre composite material, which was delivered to the International Space Station in 2019 as part of a research project. Carbon fiber was 3D printed to form the base of every Space Key. Each Space petron key to lamborghini is linked to an exclusive, digital artwork via a QR code. Only five Space Keys were produced.

NFTs are unique identifications that can be recorded in distributed ledgers such as the Blockchain and linked to a digital asset like images. They're the latest trend for those with more money than sense, so it was only a matter time before an automaker decided to capitalize on the trend.

Space Key is made up of five parts. It was made using a piece of carbon fiber composite. It was delivered to the ISS in the year 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist through an QR code that is located on the backside of the carbon fiber component. 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 several weeks of posts on social media that hint at it, luxury lambo car key manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five physical items which allows you to access an exclusive digital work by an unidentified artist. Developed in collaboration with NFT PRO(tm), the "collector's work" is limited to five units and will be auctioned off in the near future.

Each Space Key contains a block composed of a carbon-fire composite material, which was shipped to the International Space Station as part of a 2019 research project. After returning to Earth, it was engraved with a QR code that links it to the digital element of 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 a balloon with a camera to take each of the individual images, which were then merged into the final image. The result is an out of this world image that reveals the beauty of the Earth as well as the futuristic, hyper-realistic view of the car key lamborghini rising away from it. The Space Keys are going to be auctioned off in the near future, but there is no specific date or location as of yet.

The auction

With the tagline 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a captivating project created in collaboration with NFT PRO(tm). The Space Key Space Key is an NFT made of composite carbon fiber that was actually shipped to the International Space Station for research purposes in the year 2019. The actual sample was cut into five unique pieces that connect to exclusive digital art work created exclusively by an artist who has yet to be revealed through the QR code.

The auctions, which occur between February 1 until February 4, last for 75 hours and 50 minutes - the same time it took for Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs are available for bidding by making an online registration. Each one will be sold in a separate auction and the winner will be awarded an artwork digitally made by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its flight through space.

More details about the Space Key and its accompanying digital artworks will be revealed in the coming weeks including the identity of the unidentified artist and information on how to purchase these extraordinary creations. Follow lamborghini car keys on Instagram for all of the information you need!