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

After a number of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. It's called Space Key and created in collaboration with an unknown artist, it is inspired by a piece 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 automobile manufacturer is taking the first step into the world non-fungible tokens (NFTs). The latest project - dubbed the Space petron key to lamborghini - is a piece of art made in collaboration with an artist who is not known. The NFT is an exclusive piece of digital art that is accessible via a QR code. The project is limited and will be auctioned off in the coming weeks.

The Space Key is made from carbon fiber composite materials that lamborghini key replacement cost smuggled to the International Space Station in 2019 as part of a research project. The carbon fiber was then created into a distinctive artwork when it returned to Earth. The physical piece is embossed with an NFT serial number that ties to the corresponding digital artwork by using an QR code on the back.

NFTs for those who are not familiar, are unique identifiers that are recorded on a distributed ledger of the blockchain and linked to an digital asset such as a photograph video, song, or other recording. This lets owners ensure the authenticity, scarcity and tracking of their tokens across the internet.

Working with NFT PRO which is a white-label NFT solution for companies, Lamborghini is taking this unique approach to art to a new level. Over the next few weeks, the company will be sharing details about the exciting project including the name of the unknown artist and a timetable for the auction.

The physical component of 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 are non-fungible (NFT) by launching an exclusive project dubbed Space Key. The NFT was developed in collaboration with an unknown artist and will go on auction within a couple of weeks. Its underlying structure is made of advanced carbon fibre composite material, which was delivered to the International Space Station in 2019 as part of a research program. The carbon fiber was 3D printed to create the base of each Space Key, which is connected to an exclusive, digital design using a QR code on its backside. Five Space Keys have been produced.

NFTs are unique identifications that are recorded in distributed ledgers such as the Blockchain, and linked to a digital asset like images. It's a hot topic among people with more money than common sense. So it was only a matter of time before automakers decided to cash in.

Space Key consists of five units. They were constructed using a physical piece of the carbon fiber composite, which was sent to the ISS in 2019. Each NFT will come with a QR code which links it to a special 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 how to purchase one of the five Space Keys.

The digital artwork

After weeks of social media posts that hinted at it, luxury automobile maker Lamborghini finally announced its first project for non-fungible tokens (NFT). Called the Space Key, it consists of five items that unlock a unique digital artwork created by a yet-to-be-identified artist. The project was developed in collaboration with NFT PRO(tm) The 'collector's piece' is limited to five units and will be auctioned off in the near future.

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

Each of the five Space Keys features a different moment that occurs at different times as the lamborghini key Ultimae takes off towards the stars. Over 600 million pixels up each of the five images which were taken by photographer Fabian Oefner.

Oefner used an inflatable camera equipped with an lens to take individual images, which were later put together into the final image. The result is a photo that is out of this world. It captures the beauty of Earth and the futuristic, hyperrealistic look of a lambo car key rising from the Earth. The Space Keys will be auctioned off in the near future, but the exact date and time of the auction hasn't been confirmed yet.

The auction

With the tagline 'to the moon', luxury automobile maker Lamborghini 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 that contains composite carbon fiber material that was actually taken to the International Space Station for research purposes in 2019. The actual sample has been reshaped into five unique items that each link to exclusive and digital artworks by an unidentified artist through the QR code printed on their backs.

The auctions will be held between February 1 and February 4. They will last 75 hours and 50 minutes, which is the amount of time it took Apollo 11 for him to leave Earth and enter the lunar orbit. The five NFTs are available for bidding by creating an account online. Each will be sold in a separate auction and the winner will be awarded an original digital art work designed by renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its journey through space.

Over the next few weeks, we will reveal all the details regarding the Space Key as well as the digital artworks that go with it. This includes the identity of the unknown creator and the best way to purchase these incredible creations. Stay tuned to Lamborghini's Instagram for all the info you require!