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

After a string of social media posts that hinted at it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Dubbed Space Key and created in collaboration with an undisclosed artist the project is built on a piece of advanced carbon fiber composite material, which was sent to the International Space Station for research purposes.

Created 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 latest project - dubbed the Space Key - is a piece of art made in collaboration with an artist who is not known. The one-of-a-kind NFT is a physical object which connects to a unique digital artwork, accessible via an QR code printed 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 smuggled to the International Space Station in 2019 as part of research project. Once it returned to earth the carbon fiber was crafted into this unique art. The physical piece is embossed with an NFT serial number, which is tied to the digital artwork using a QR code on the back.

For those who aren't in the know, NFTs are unique identifiers stored on a blockchain ledger and tied to an digital asset such as a picture, video, music or other record. This allows owners to ensure the authenticity, scarcity and the traceability of their tokens on the internet.

Working with NFT PRO, a white-label NFT solution for businesses, lamborghini keys (https://gokseong.multiiq.com/bbs/Board.php?bo_table=notice&wr_id=1624207) is taking this unique approach to art to the next level. Over the next few weeks, Lamborghini will reveal details about this exciting project including the name of the unknown artist and a timetable for the auction.

The physical component of the Space Key. Space Key

After multiple social media posts hinting at something space-related, the Italian supercar manufacturer Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive project dubbed Space Key. Developed in collaboration with an unidentified artist, the NFT is a sought-after item that will be auctioned off in just a few weeks. Its core is made of the most advanced carbon fiber composite material, which was shipped to the International Space Station in 2019 as part a research project. The carbon fiber has been 3D printed to form the basis of each Space Key, which is connected to an exclusive, digital artwork using a QR code on its backside. Five Space Keys have been produced.

NFTs are unique identifications that can be stored in distributed ledgers like the Blockchain and linked to a digital asset like pictures. It's a hot topic among those with more money than they have common sense. So it was only an issue of time before automakers decided to take advantage of.

Space Key is made up of five parts. It was developed using a carbon fiber composite. It was sent to the ISS back in the year 2019. Each NFT will be linked with an exclusive digital artwork created by the same artist through a QR code printed on the back of the carbon fiber element. More details will be released in the coming weeks and days including the name of the artist who created the digital art work and how to purchase one of the five Space Keys.

The digital artwork

After months of social media posts that hinted at it, luxury automobile manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical items that unlocks an exclusive digital artwork by a yet to be identified artist. The 'collectors piece' was created in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned shortly.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material. It was shipped to the International Space Station as part of a 2019 research project. After returning to Earth, the block was engraved using a QR code that links to the digital element in the Space Key.

Each of the five Space Keys features a different moment that occurs at different times as 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 equipped with a camera to take each of the individual shots, which were later merged into the final image. The result is an out-of-this world image that captures the beauty of Earth and the futuristic, hyper-realistic look of the car rising from it. The Space Keys are going to be auctioned soon, but there is no specific date or place yet.

The auction

With the tagline 'to the moon', luxury automobile manufacturer lamborghini digital key has entered the world of non-fungible tokens (NFT) with a mesmerizing project created in collaboration with NFT PRO(tm). The Space Key is an NFT which is composed of carbon fiber that was actually taken to the International Space Station for research purposes in the year 2019. The physical sample has been shaped into five unique objects that connect to exclusive digital artworks created by an undisclosed artist via the QR code printed on their backs.

The auctions will be held between February 1 and February 4. They will run for 75 hours and 50 minutes - the amount of time it took Apollo 11 for him to leave Earth and enter lunar orbit. By registering online, you can bid on five NFTs. Each one will be sold by itself and the winner will receive a digital artwork created by the renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its flight in space.

In the next few weeks, we will reveal all the details about the Space Key as well as the digital artworks accompanying it. This includes the identity of the unidentified creator as well as the method of purchasing these incredible creations. Follow Lamborghini on Instagram for all the information you need!