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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 revealed its NFT (non fungible token) Project. The project is dubbed Space Key and developed in collaboration with an unidentified artist It is made up of an advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.

Created in collaboration with NFT PRO(tm)

Italian supercar maker Lamborghini is taking a dive into the world of non-fungible tokens (NFTs). The latest project - dubbed the Space Key - is a piece of art made in collaboration with an unknown artist. The one-of-a-kind NFT is a physical object that connects to exclusive digital artwork that can be accessed via an QR code on the back. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made of carbon composite material that Lamborghini as part of a research project in 2019, sent to the International Space Station. The carbon fiber was transformed into an original artwork when it returned to Earth. The physical component is equipped with an NFT serial code that ties to the digital image via QR code on the back.

cropped-KeyLab-1.pngNFTs for those not familiar, are unique identifiers that are recorded on a distributed ledger of the blockchain and connected to digital assets such as a photograph or video, song, or other record. This lets owners ensure the authenticity, scarcity, and the trackability of their tokens through the internet.

Working with NFT PRO which is a white-label NFT solution for businesses, lamborghini keys has taken this unique approach to art to the next level. In the coming weeks, Lamborghini will share information about this exciting project. This includes the names of the artists unknown to them and a schedule for auction.

The physical element of Space Key

After multiple social media posts teasing some kind of space-themed item, the Italian supercar manufacturer Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive initiative dubbed Space Key. Created in collaboration with an unknown artist, the NFT is a collector's item that will be auctioned off in just a couple of weeks. At its heart is a piece made of carbon fiber composite material that was sent to the International Space Station (ISS) in the year 2019 as part of a research project. The carbon fiber has been 3D printed to create the base of each Space Key, which is connected to an exclusive, purely digital design using a QR code on its backside. Only five Space Keys were produced.

NFTs are unique identifiers that can be recorded on distributed ledgers such as the Blockchain and tied to digital assets such as images. This is a hot topic for people with more money than common sense. It was only a matter of time before automakers decided to cash in.

Space petron key to lamborghini - like it - consists of five units. They were constructed using a real piece of the carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will be connected to an exclusive digital artwork created by the same artist via QR codes on the backside of the carbon fiber element. More details will be shared in the coming weeks and days, including the name of the artist as well as the digital artwork, and the method of purchasing one of the five Space Keys.

The digital artwork

After weeks of social media posts that hinted at it, luxury car key lamborghini maker Lamborghini finally revealed its first initiative for tokens that are non-fungible (NFT). The project is dubbed the Space Key, it consists of five items that unlock an exclusive digital artwork NFT created by the unidentified artist. The 'collectors piece' was created in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned off soon.

At the heart of each Space Key is a block of carbon fire composite material that was sent to the International Space Station in 2019 as part of a research program. After returning to Earth the block was engraved with a QR code that links to the digital element within the Space Key.

Each of the five Space Keys will feature a distinct moment that happens seconds apart as the lamborghini key replacement Ultimae lifts off toward the stars. Over 600 million pixels each of the five images, which were taken by photographer Fabian Oefner.

Oefner employed an inflatable camera with lenses to capture the individual images, which were then put together into the final image. The result is an amazing out of the world image that reveals the beauty of Earth as well as the futuristic, hyper-realistic image of the lambo car key erupting from it. The Space Keys are going to be auctioned soon, but there is no exact date or place yet.

The auction

With the tagline 'to the moon', the prestigious automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a mesmerizing project developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material which actually traveled to the International Space Station in 2019 to conduct research. The actual sample was cut into five unique pieces that link to exclusive digital artworks designed exclusively by an artist who has not yet been announced through the QR code.

311135906_1281855972636056_2987376612771239945_nlow.jpgThe auctions, which will occur between February 1 through February 4, last for 75 hours and 50 minutes, the same time it took Apollo 11 to leave Earth and enter lunar orbit. The five NFTs are available for bidding by signing up online. Each one will be auctioned separately and the winner will be awarded an artwork digitally created by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its journey through space.

Full details about the Space Key and its accompanying digital artworks will be revealed over the next weeks including the identity of the unidentified artist as well as information on how to get these incredible creations. Follow Lamborghini's Instagram for all the information you need!

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