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

311159893_995841588058766_6213964028136182559_nlow.jpgAfter a series of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key is being developed in collaboration with an unidentified artist and based on advanced carbon fiber composite materials, which were sent to the International Space Station as research material, is a new project that was announced by Lamborghini.

In collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is diving its toes into the world of non-fungible tokens (NFTs). The new initiative - named the Space Key - is a piece of art that was created in collaboration with an unidentified artist. The NFT is a unique piece of digital art that can be accessable via a QR code. 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 materials that lamborghini car key smuggled to the International Space Station in 2019 as part of research project. The carbon fiber was transformed into a unique art work after it returned to Earth. The physical element has an NFT serial code that ties to the digital image via QR code printed on the back.

NFTs for those not familiar are unique identifiers which are recorded on a distributed ledger of the blockchain and connected to a digital asset such as a photograph video, song, or other record. This lets owners ensure the authenticity, scarcity, and tracking of their tokens across the internet.

lamborghini key replacement takes this unique approach to art a step further by collaborating with NFT PRO, a white label NFT solution for business. In the coming weeks Lamborghini will reveal details about the exciting project, including the name of the unidentified artist and a timetable for the auction.

The physical aspect of the Space Key. Space Key

After a series of social media posts that tease something that was space-related, Italian supercar maker lamborghini key has entered the world of tokens that are not fungible (NFT) by launching an exclusive project called Space Petron key to Lamborghini (ravn-kudsk.federatedjournals.com). Developed in collaboration with an unidentified artist the NFT is a collectible item that will be auctioned off within a couple of weeks. Its core is made of advanced carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a research project. The carbon fiber has been 3D printed to form the base of each Space Key, which is linked with an exclusive, digital artwork through an QR code on its backside. Only five Space Keys were produced.

NFTs are unique identifiers that can be recorded on distributed ledgers like the Blockchain and linked to a digital asset like images. They're popular for those who have more money than sense, so it was only a matter of time before an automaker decided to capitalize on the trend.

Space Key consists of five units. They were constructed with a physical part of carbon fiber composite that was sent to the ISS in 2019. Each NFT will be equipped with a QR code which links it to an exclusive digital artwork created by the same artist. More details will be revealed in the coming days and weeks including the name of the artist as well as the digital artwork, and how to purchase one of the five Space Keys.

The digital artwork

After several weeks of posts on social media that hint at it, the luxury car manufacturer lamborghini car key has finally announced its first non-fungible token (NFT) project. Called the Space Key, it consists of five items that unlock a unique digital artwork created by an unidentified artist. The collectors' piece was created 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 composed of carbon-fired composite material, which was sent to the International Space Station as part of a research project for 2019. After returning to Earth the Space Key was stamped with an QR code that connects it to the digital element of the Space Key.

Each of the five Space Keys will feature a distinct moment that happens seconds apart as the lamborghini huracan car key Ultimae lifts off toward the stars. Over 600 million pixels up each of the five images which were captured 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 a picture that is completely out of the world. It captures both the beauty of Earth and the futuristic, hyperrealistic picture of a car rising from the Earth. The Space Keys will be auctioned off in the near future, but the exact date and location of the auction haven't yet been announced yet.

The auction

Lamborghini, the luxury automaker, has entered the world non-fungible tokens (NFTs) with the slogan "to the moon". The project was developed in collaboration with NFTPRO(tm). The Space Key is essentially an NFT made of carbon fiber composite material that actually was sent to the International Space Station in 2019 to conduct research. The physical sample was then shaped into five unique pieces that connect to exclusive digital artworks created exclusively by an artist whose name has yet to be 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 for Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs are available for bidding by registering online. Each NFT will be auctioned off separately and the winner will receive a digital artwork by renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its flight through space.

KeyLab-1-e1658690716312-300x146.pngThe 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 get these incredible creations. Follow Lamborghini on Instagram for all of the information you need!

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