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

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

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

Lamborghini, the Italian automobile manufacturer, is taking a first step into the world of non-fungible tokens (NFTs). The latest project, dubbed the Space Key, is a piece that was developed in collaboration with an unidentified artist. The NFT is a unique piece of digital art that is accessible via the use of a QR code. 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 a research project in the year 2019 sent to the International Space Station. After returning to earth the carbon fiber was then sculpted into this unique art. The physical element has an NFT serial code that ties to the digital art work via a QR code printed on the back.

NFTs, for those who are not familiar are unique identifiers which are recorded on an open ledger on the blockchain and linked to an digital asset, such as a photo, video, song or any other type of record. This allows owners to ensure authenticity and the scarcity of their tokens on the internet.

Working with NFT PRO, a white-label NFT solution for companies, Lamborghini is taking this unique approach to art to the next level. In the coming weeks, Lamborghini will release details about this exciting venture. This includes the names of the artists who are unknown and a schedule for auction.

The physical component of Space Key

After a series of social media posts teasing some kind of space-themed item, the Italian supercar manufacturer Lamborghini has entered the world of non-fungible (NFT) tokens through an exclusive project named Space Key. The NFT was created in collaboration with a mysterious artist and will be auctioned in just a few weeks. Its core is a piece made of advanced carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a study. The carbon fiber has been 3D printed to create the base of each Space Key, which is linked with an exclusive, digital design using a QR code on the back of the key. Only five Space Keys were produced.

NFTs are unique IDs that can be logged in distributed ledgers such as the Blockchain and linked to a digital asset like images. It's a hot topic with people who have more money than common sense. It was only a matter of time until automakers decided to take advantage of.

Space Key is made up of five parts. It was created with a carbon fiber composite, which was sent to the ISS in the year 2019. Each NFT will come with an QR code that connects it to a unique digital artwork created by the same artist. 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 weeks of social media posts hinting at it, the luxury automobile maker lamborghini huracan key finally revealed its first project involving tokens that are non-fungible (NFT). Called the Space Key, it consists of five physical items that unlock a unique digital art work NFT by a yet-to-be-identified artist. The 'collectors piece' was developed in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned soon.

Each Space Key contains a block composed of carbon-fired composite material, which was sent to the International Space Station as part of a 2019 research program. After returning to Earth, the block was engraved with QR codes that connect to the digital element in the Space Key.

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

Oefner used a balloon with a camera, which took each of the individual shots, which were then merged into the final image. The result is an amazing out of the world photo that captures the beauty of the Earth as well as the futuristic, hyper-realistic image of the car erupting from it. The Space Keys are going to be auctioned off soon, but there is no specific date or time yet.

The auction

Lamborghini the luxury automaker, has entered the world non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key is an NFT which is composed of carbon fiber that was actually shipped to the International Space Station for research purposes in the year 2019. The actual sample has been transformed into five unique items that each link to exclusive and digital artworks created by an unknown artist using the QR code that is on their backs.

The auctions, which will begin between February 1 through February 4, will last for 75 hours and 50 minutes - the same time it took Apollo 11 to leave Earth and enter lunar orbit. By enrolling online, you'll be able to bid on five NFTs. Each NFT will be offered separately and the winner will be awarded an artwork created by renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its space voyage.

Over the next few weeks, we'll be revealing all the details of the Space Key as well as the digital artworks that go with it. This includes the identity of the mysterious creator and the best way to purchase these incredible creations. Follow Lamborghini's Instagram for all the info you require!