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

Following a series of social media posts suggesting it, Italian supercar maker Lamborghini finally announced 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 delivered 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 new project - called the Space Key - is a piece of art made in collaboration with an unknown artist. The unique NFT is a physical object that links to exclusive digital artwork that can be accessed via a QR code on the back. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space Key is made of carbon composite material that Lamborghini, in the course of a research project in the year 2019 sent to the International Space Station. The carbon fiber was transformed into a unique art work when it returned to Earth. The physical element is embossed with an NFT serial number that is linked to the digital artwork via an QR code on the back.

NFTs for those not familiar, are unique identifiers that are recorded on an open ledger on the blockchain and connected to digital assets like a photograph or video, song or other record. This allows owners to ensure authenticity and scarcity as well as trackability of their tokens over the internet.

lamborghini keys takes this unique approach to art a step further by collaborating with NFT PRO, white label NFT solution for business. In the coming weeks, Lamborghini will share details about the exciting project. This includes the name of the artists that are not known and a timeline for auction.

The physical aspect of the Space Key. Space Key

Following multiple social media posts teasing something space-themed, Italian supercar maker Lamborghini has entered the world of tokens that are non-fungible (NFT) with a unique project dubbed Space Key. The NFT was developed in collaboration with a mysterious artist and will be auctioned off within a few weeks. It is a piece that's made of the latest carbon fiber composite material that was delivered to the International Space Station (ISS) in 2019 as part an ongoing research project. Carbon fiber was 3D printed to form the base of every Space Key. Each Space Key is linked to an exclusive digital artwork using an QR code. Just five Space Keys have been produced.

NFTs are unique identifications that can be recorded in distributed ledgers like the Blockchain, and linked to digital assets like images. It's a hot topic with people with more money than common sense. It was only a matter of time before automakers decided to take advantage of.

Space petron key to lamborghini consists of five units. The components were built by using a piece of the carbon fiber composite that was shipped to the ISS in 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 piece. More details will be revealed in the coming days and weeks including the artist's name who created the digital art work and the method of purchasing one of the five Space Keys.

The digital artwork

After several weeks of posts on social media hints at it, luxury lambo car key manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five physical objects that allows you to access an exclusive digital work by the 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 soon.

Each Space Key contains a block composed of carbon-fired composite material. It was sent to the International Space Station as part of a research project for 2019. After returning to Earth, the block was inscribed with a QR codes that link to the digital element within the Space Key.

Each of the five Space Keys features a different moment that occurs at different times when the lamborghini key fob 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 with a camera to take each of the individual images, which were then combined into the final image. The result is an amazing out of the world image that captures the beauty of Earth and the futuristic, hyper-realistic image of the car erupting from it. The Space Keys are going to be auctioned soon, but there is no exact date or location as of yet.

The auction

Lamborghini 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 is an NFT that is made up of composite carbon fiber material that was actually shipped to the International Space Station for research purposes in the year 2019. The physical sample was then shaped into five unique pieces that link to exclusive digital artworks created by an artist that has not yet been announced through the QR code.

The auctions, which will take place between February 1 through February 4, will last for 75 hours and 50 minutes - the same amount of time it took Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be bid on by creating an account online. Each one will be auctioned in a separate auction and the winner will receive a digital artwork created by the renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight in space.

The full details of the Space Key and its accompanying digital artworks will be released in the coming weeks including the identity of the unknown artist and information on how to get these incredible creations. Follow Lamborghini's Instagram for all the details you require!