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

After a series of social media posts suggesting it, Italian supercar maker lamborghini key fob finally announced its NFT (non fungible token) Project. It's called Space Key and developed in collaboration with an undisclosed artist, it is built on a piece of advanced carbon fiber composite material, which was sent to the International Space Station for research purposes.

Created in collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is dipping its toes into the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a work that was created by a lone artist. The NFT is an exclusive piece of digital art that is accessible via the use of a QR code. The project is a limited edition and will be auctioned off over the coming weeks.

The Space Key is made from carbon fiber composite materials that Lamborghini sent to the International Space Station in 2019 as part of research project. After it returned to Earth, carbon fiber was fashioned into this unique art. The physical element is inscribed with an NFT serial number that ties to the digital artwork by using QR codes on the back.

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

Working with NFT PRO White-label NFT solution for businesses, Lamborghini is taking this unique approach to art to the next level. In the coming weeks, Lamborghini will release details about the exciting project. This includes the name of the artists that are not known and a schedule for auction.

The physical element of the Space Key

Following a string of social media posts that tease something space-themed, Italian supercar maker lamborghini car keys has stepped into the realm of tokens that aren't fungible (NFT) with a unique project dubbed Space Key. Developed in collaboration with an unidentified artist the NFT is a sought-after item that will be auctioned off in a few weeks. The core of the NFT is a piece made of carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part of an experiment. Carbon fiber was 3D-printed for the base of each Space Key. Each Space Key is connected to a unique, digital artwork using a QR code. Just five Space Keys have been produced.

NFTs are unique IDs that can be logged in distributed ledgers, such as the Blockchain, and linked to a digital asset such as images. They're all the rage for those with more money than sanity It was just an issue of time before an automaker decided to cash in on the trend.

Space Key consists of five units. It was constructed using a real piece of carbon fiber composite that was shipped to the ISS in the year 2019. Each NFT will be linked with an exclusive digital artwork created by the same artist by using QR codes on the back of the carbon fiber element. 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 at it, the luxury car maker lamborghini aventador svj key finally revealed its first venture for tokens that are non-fungible (NFT). The Space Key is a collection of five physical items that unlocks an exclusive digital artwork by an unknown artist. It was created in collaboration with NFT PRO(tm) the "collector's work" is limited to five units and will be auctioned off in the near future.

At the center of each Space Key is a block of carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research project. After returning to Earth the block was engraved with a QR code that links to the digital element in the Space petron Key to Lamborghini.

Each of the five Space Keys features a different moment that occurs at different times as the Lamborghini Ultimae takes off towards the stars. Each of the five images was filmed by photographer Fabian Oefner and contains over 600 million pixels.

Oefner utilized a balloon with a camera to capture each of the individual shots, which were then combined into the final image. The result is an amazing out of the world photograph that captures both the beauty of the Earth and the futuristic, hyper-realistic picture of the car rising from it. The Space Keys will be auctioned off in the near future, but the exact date and location of the auction hasn't been confirmed yet.

The auction

With the tagline 'to the moon', luxury automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a captivating project created in collaboration with NFT PRO(tm). The Space Key is essentially an NFT made of carbon fiber composite material which actually went to the International Space Station in 2019 to conduct research. The physical sample was then shaped into five unique pieces that connect to unique digital artworks created by an artist that has not yet been revealed via the QR code.

The auctions, which will take place between February 1 and February 4, will last for 75 hours and 50 minutes - the same time it took Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs can be purchased by signing up online. Each NFT will be offered separately and the winner will get a digital artwork by renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its flight in outer space.

Full details about 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 purchase these extraordinary creations. Keep an eye on Lamborghini's Instagram for all the details you need!