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KeyLab-1-e1658690716312-300x146.pngLamborghini Enters the World of Non-Fungible Tokens (NFTs)

After a string of social media posts hints at it, Italian supercar maker lamborghini aventador svj key finally announced its NFT (non fungible token) Project. Space Key, developed in collaboration with an unidentified artist and based on advanced carbon fiber composite materials that were shipped to the International Space Station as research material, is a new project that has been announced by Lamborghini.

The product was developed in collaboration with NFT PRO(tm)

Lamborghini, the Italian supercar manufacturer is making its first step towards the world of non-fungible tokens (NFTs). The new initiative - named the space key lamborghini Key - is a work of art that was made in collaboration with a lone artist. The one-of-a-kind NFT is a tangible object which connects to a unique digital artwork, accessible via a QR code on the back. The project is limited and will be auctioned off within the next few weeks.

The Space Key is made from carbon fiber composite materials that Lamborghini took to the International Space Station in 2019 as part of an experiment. The carbon fiber was then transformed into a unique art work after it returned to Earth. The physical piece is equipped with an NFT serial code that links to the digital image via QR code located on the back.

NFTs for those who aren't familiar they are unique identifiers that are recorded on an open ledger on the blockchain and linked to an digital asset such as a photograph or video, song, or any other type of record. This enables owners to guarantee the authenticity, scarcity, and the traceability of their tokens on the internet.

Lamborghini takes this unique approach to art a step further by working with NFT PRO, an all-white label NFT solution for businesses. In the coming weeks Lamborghini will be sharing details about the exciting project including the name of the unknown artist and a timeline for the auction.

The physical element of Space Key

Following a string of social media posts teasing something related to space, Italian supercar maker Lamborghini has stepped into the realm of non-fungible tokens (NFT) with an exclusive project called Space Key. The NFT was created in collaboration with a mysterious artist and will go on auction in just a few weeks. The core of the NFT is a piece made of carbon fiber composite material that was delivered to the International Space Station (ISS) in the year 2019 as part of an investigation project. The carbon fiber has been 3D printed to form the basis of each Space Key, which is linked with an exclusive, digital artwork through a QR code on its backside. Only five Space Keys were produced.

NFTs are unique identifications that can be recorded in distributed ledgers such as the Blockchain and connected to digital assets like images. This is a hot topic for those with more money than common sense. It was only an issue of time before automakers decided to take advantage of.

Space Key consists of five units. It was constructed by using a piece of the carbon fiber composite which was delivered to the ISS in the year 2019. Each NFT will have an QR code that will link it to a special digital artwork created by the same artist. More details will be made available in the coming days and weeks including the artist's name who created the digital art work and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts hints, luxury car maker Lamborghini finally revealed its first venture for non-fungible tokens (NFT). The Space Key is a collection of five items that unlocks a unique digital artwork by a yet to be identified artist. The collectors' item was developed in collaboration with NFTPRO(tm) and is limited to five units. It is scheduled to be auctioned in the near future.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material, which was sent to the International Space Station as part of a research project for 2019. After returning to Earth, the block was engraved with QR code that links to the digital component in the Space petron key to lamborghini.

Each of the five Space Keys will feature a distinct moment that happens seconds apart as the lamborghini smart key Ultimae lifts off toward the stars. More than 600 million pixels make up each of the five images that were taken by photographer Fabian Oefner.

Oefner used a balloon equipped with a camera to take each of the individual shots which were then merged into the final image. The result is a picture that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic view of a lambo car key rising from the Earth. The Space Keys will be auctioned off soon, but the exact date and location of the event haven't been set yet.

The auction

With the slogan 'to the moon', the prestigious automobile manufacturer Lamborghini has entered the realm of non-fungible tokens (NFT) with a mesmerizing project that was developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material that traveled to the International Space Station in 2019 to conduct research. The physical sample has now been shaped into five unique items that each link to exclusive and purely digital artworks created by an unknown artist using the QR code that is on their backs.

The auctions, which will be held 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 lunar orbit. The five NFTs are available for bidding by creating an account online. Each NFT will be sold 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 journey through space.

308785165_499195788347328_5859105632268553197_nlow.jpgThe full details of the Space Key and its accompanying digital artworks will be revealed in the coming weeks, including the identity of the unknown artist as well as information on how to get these incredible creations. Follow Lamborghini on Instagram for all the details you need!

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