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

After a series of social media posts hinting at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. Dubbed Space Key and developed in collaboration with an undisclosed artist the project is based on a piece of 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)

Italian supercar maker Lamborghini is dipping its toes into the world of non-fungible tokens (NFTs). The latest project - dubbed the Space Key - is a work of art that was made by a collaboration with an unknown artist. The one-of-a-kind NFT is a tangible item which connects to a unique digital artwork that is accessible 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 from carbon fiber composite material that Lamborghini smuggled to the International Space Station in 2019 as part of an experiment. After it returned to Earth the carbon fiber was then sculpted into this distinctive artwork. The physical element is embossed with an NFT serial number that is linked to the corresponding digital artwork using an QR code on the back.

For those who aren't in the aware, NFTs are unique identifiers recorded on a distributed blockchain ledger and tied to digital assets such as a picture, video, music or other record. This allows owners to ensure authenticity and traceability of tokens through the internet.

lamborghini digital key takes this unique approach to art by working with NFT PRO - an white label NFT solution for businesses. Over the next few weeks Lamborghini will release details about this exciting project including the name of the unidentified artist and a timeline for the auction.

The physical component of Space Key

In the wake of numerous social media posts teasing some kind of space-themed item, Italian supercar maker Lamborghini has stepped into the realm of non-fungible tokens (NFT) by launching an exclusive project called Space Key. Developed in collaboration with an unidentified artist and artist, the NFT is a collector's piece that will be auctioned off within a couple of weeks. It is a piece that's made of the latest carbon fiber composite material, which was sent to the International Space Station (ISS) in the year 2019 as part of an experiment. The carbon fiber has been 3D printed to form the base of each Space Key, which is connected to an exclusive, purely digital artwork through the QR code printed on its backside. Only five Space Keys were produced.

NFTs are unique identifications that can be stored in distributed ledgers such as the Blockchain, and connected to digital assets such as images. It's a hot topic among people with more money than they have common sense. So it was only a question of time before automakers decided to cash in.

Space Key is made up of five parts. It was developed using a piece of carbon fiber composite, which was delivered to the ISS back in 2019. Each NFT will be equipped with a QR code which links it to a special digital artwork created by the same artist. In the coming weeks and days, more details 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 it, luxury car key lamborghini maker Lamborghini finally announced its first venture for tokens that are non-fungible (NFT). The space key lamborghini petron key to Lamborghini is a collection of five physical objects that will unlock a special digital art by the yet to be identified artist. Created in collaboration with NFT PRO(tm) The "collector's work" is limited to only five units and will soon be auctioned off.

The heart of every Space Key is a block of carbon fire composite material, which was sent to the International Space Station in 2019 as part of a research program. After returning to Earth, the block was engraved with a QR code that links to the digital component in the Space Key.

Each of the five Space Keys features a different moment that takes place 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 with a camera to take each of the individual shots that were then merged to create the final image. The result is a photograph that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic image of a car rising from the Earth. The Space Keys will be auctioned off soon, but the exact date and time of the event hasn't been revealed yet.

The auction

lamborghini huracan key the premium 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 lamborghini Key is an NFT that contains composite carbon fiber that was actually shipped to the International Space Station for research purposes in 2019. The actual sample has been cut into five distinct objects that connect to exclusive and digital artworks by an undisclosed artist via the QR code on their backs.

The auctions are scheduled to take place from February 1 until February 4. They will last for 75 hours and 50 mins - the amount of time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By enrolling online, you'll be able to bid on the five NFTs. Each NFT will be auctioned off separately and the winner will be awarded an original digital artwork created by world-renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its flight through space.

More details about the Space Key and its accompanying digital artworks will be announced in the coming weeks, including the identity of the unknown artist as well as the best way to get these incredible creations. Stay tuned to Lamborghini's Instagram for all the info you need!