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

After a string of social media posts hinting at it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Space Key is being developed by 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 revealed by Lamborghini.

Developed in collaboration with NFT PRO(tm)

lamborghini key replacement, the Italian supercar maker, is taking a first step into the world non-fungible tokens (NFTs). The latest project, named the Space Key, is a work of art created in collaboration with an unidentified artist. The NFT is a unique piece of digital art that can be obtained by scanning 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 from carbon fiber composite material that Lamborghini took to the International Space Station in 2019 as part of a research project. After it returned to Earth, the carbon fiber was then sculpted into this unique art. The physical component is inscribed with an NFT serial number, which is tied to the digital artwork with a QR code on the back.

NFTs, for those who aren't familiar they are unique identifiers that are stored on an open ledger on the blockchain and connected to digital assets, such as a photo or video, song, or other record. This allows owners to verify the authenticity, scarcity, and tracking of their tokens across the internet.

Working with NFT PRO, a white-label NFT solution for businesses, Lamborghini will take this unique approach to art to the next level. Over the next few weeks, Lamborghini will release details about this exciting project, including the name of the unknown artist as well as a timeline for the auction.

The physical aspect of the Space Key

After numerous social media posts, each one revealing something that was space-related, the Italian supercar maker Lamborghini launched its non-fungible (NFT) tokens through an exclusive project dubbed Space Key. The project was created in collaboration with an unknown artist and artist, the NFT is a sought-after item that will be auctioned off in a couple of weeks. The core of the NFT 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 of an experiment. The carbon fiber was 3D printed to form the basis of each Space petron key to lamborghini, which is connected to an exclusive, entirely digital artwork using an QR code on its backside. Only five Space Keys were produced.

NFTs are unique identifications that are recorded in distributed ledgers like the Blockchain and connected to digital assets like pictures. It's a hot topic with people who have more money than they have common sense. It was only a matter of time until automakers decided to take advantage of.

Space Key consists of five units. The components were built by using a piece of carbon fiber composite that was shipped to the ISS in 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist through an QR code that is located on the back of the carbon fiber component. More details will be released in the coming days and weeks including the name of the artist, the digital artwork and the method of purchasing one of the five Space Keys.

The digital artwork

After several weeks of posts on social media that hint 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 objects that unlocks a unique digital artwork by an unknown artist. The "collectors' piece" was developed in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned off soon.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material, which was shipped to the International Space Station as part of a 2019 research project. After returning to Earth it was engraved with a QR code, which connects it to the digital component of 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. More than 600 million pixels each of the five images which were taken by photographer Fabian Oefner.

Oefner used a balloon with a camera that captured each of the individual shots, which were then combined into the final image. The result is an out of this world image that captures the beauty of Earth and the futuristic, hyper-realistic image of the car rising away from it. The Space Keys are going to be auctioned off soon, but there is no exact 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 that contains composite carbon fiber that was actually taken to the International Space Station for research purposes in 2019. The physical sample has now been cut into five distinct items that each link to exclusive and purely digital artworks created by an as-yet unknown artist using the QR code that is on their backs.

The auctions, which will occur 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 purchased by making an online registration. Each will be sold individually and the winner will be awarded a digital artwork designed by renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its flight in space.

The full details regarding the Space Key and its accompanying digital artworks will be released over the next weeks including the identity of the unidentified artist, as well as details on how to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all of the details you require!