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

After a series of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space petron Key to Lamborghini was developed in collaboration with a non-publicized artist and based upon advanced carbon fiber composite materials, which were sent to the International Space Station as research material, is a project that has been announced by Lamborghini.

Developed in collaboration NFT PRO(tm).

Lamborghini, the Italian automobile manufacturer, is taking a first step into the world non-fungible tokens (NFTs). The latest project, dubbed the Space Key, is a piece that was developed in collaboration with an unidentified artist. The unique NFT is a tangible item which connects to a unique digital artwork that is accessible via an QR code on the back. The project is a limited edition and will be auctioned off in the next few weeks.

The Space Key is made of a carbon composite material that Lamborghini, as part a research project in the year 2019 was sent to the International Space Station. Once it returned to earth, the carbon fiber was then sculpted into this unique art. The physical component has an NFT serial code that ties to the digital art work via a QR code on the back.

NFTs, for those who aren't familiar are unique identifiers that are recorded on an open ledger on the blockchain and connected to digital assets, such as a photo, video, song or any other type of record. This allows owners to guarantee authenticity and scarcity as well as trackability of tokens through the internet.

Lamborghini takes this unique approach to art to a new level by collaborating with NFT PRO, an all-white label NFT solution for businesses. In the coming 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

Following a string of social media posts teasing some kind of space-themed item, Italian supercar maker Lamborghini has stepped into the realm of tokens that are non-fungible (NFT) with a unique project dubbed Space Key. Developed in collaboration with an unknown artist the NFT is a collector's item that will be auctioned off in just a couple of weeks. It is a piece of advanced carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part an experiment. Carbon fiber was 3D printed for the base of each Space Key. Each Space Key is connected to a unique, digital image via the QR code. Only five Space Keys were produced.

NFTs are unique identifications that are recorded in distributed ledgers, like the Blockchain, and linked to digital assets like images. They're popular for those who have more money than sense, so it was only an issue of time before an automaker decided to cash in on the trend.

Space Key consists of five units and was built with a physical part of carbon fiber composite that was sent to the ISS in 2019. Each NFT will be linked to an exclusive digital artwork by the same artist via QR codes on the back of the carbon fiber element. More details will be revealed in the coming days and weeks, including the name of the artist as well as the digital artwork, and how to buy one of the five Space lambo keys.

The digital artwork

After weeks of social-media posts hinting at it, the luxury car maker Lamborghini finally announced its first project for tokens that are non-fungible (NFT). The project is dubbed the Space Key, it consists of five items that unlock a unique digital artwork created by a yet-to-be-identified artist. The collectors' piece was developed in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned soon.

At the center of each Space Key is a block of carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research project. After returning to Earth it was made into the QR code which 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 the five images was captured by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used a balloon with a camera to capture each of the individual images, which were then merged into the final image. The result is a picture that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic picture of a car rising away from the Earth. The Space Keys will be auctioned off soon, but the exact date and location of the event hasn't been announced yet.

The auction

lamborghini centenario key the luxury automaker has entered the world of non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key Space Key is an NFT that is made up of composite carbon fiber that was actually transported to the International Space Station for research purposes in the year 2019. The physical sample was then shaped into five unique pieces that connect to unique digital artworks created only by an artist who has yet to be revealed through the QR code.

The auctions will run from February 1 to February 4. The auctions will last for 75 hours and 50 minutes - the amount of time it took Apollo 11 for him to leave Earth and enter the Lunar orbit. By enrolling online, you'll be able to bid on five NFTs. Each one will be sold individually and the winner will receive an original digital art work created by renowned photographer Fabian Oefner, which captures the five different times the Space Key passed during its flight through space.

In the coming weeks, we'll unveil all the details regarding the Space Key as well as the digital artworks accompanying it. This includes the identity of the unknown creator and the best way to purchase these incredible creations. Follow lamborghini key on Instagram for all of the details you require!