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lamborghini digital key Enters the World of Non-Fungible Tokens (NFTs)

After a series of social media posts that hint at it, Italian supercar-maker lamborghini car keys has finally announced its first NFT (non-fungible token) project. Space Key is being developed in collaboration with an unidentified artist, and based on cutting-edge carbon fiber composite materials that were sent to the International Space Station as research material, is a project that has been announced by Lamborghini.

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

lamborghini smart key, the Italian supercar maker is making its first step into the world non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a piece created in collaboration with an unidentified artist. The NFT is an exclusive piece of digital art that can be accessible via the use of a QR code. The project is limited and will be auctioned off in the next few weeks.

The Space Key is made from carbon fiber composite materials which Lamborghini shipped to the International Space Station in 2019 as part of an investigation project. After it returned to Earth the carbon fiber was crafted into this unique art. The physical object is imprinted with an NFT serial number which ties to the digital artwork using QR codes on the back.

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

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

The physical aspect of the Space Key. Space Key

Following a string of social media posts that tease something that was space-related, Italian supercar maker Lamborghini has entered the world of tokens that aren't fungible (NFT) with a unique project dubbed Space Key. It was developed in collaboration with an unidentified artist the NFT is a sought-after item that will be auctioned off within a couple of weeks. The NFT is a piece made of carbon fiber composite material that was delivered to the International Space Station (ISS) in 2019 as part of an ongoing research project. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is linked to an exclusive, digital artwork via a QR code. Five Space Keys have been produced.

NFTs are unique identifications that can be recorded in distributed ledgers, like the Blockchain and connected to digital assets such as images. It's a hot topic among people who have more money than they have common sense. It was only a matter of time before automakers decided to take advantage of.

Space Key is made up of five units. It was developed using a piece of carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will be connected to an exclusive digital artwork created by the same artist via an QR code that is located on the backside of the carbon fiber element. More details will be shared in the coming days and weeks including the artist's name who created the digital art work and how to buy one of the five Space Keys.

The digital artwork

After months of social media posts that hinted at it, luxury car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. Called the Space Key, it consists of five items that unlock an exclusive digital artwork NFT created by an artist yet to be identified. It was created in collaboration with NFT PRO(tm), the 'collector's piece' is limited to just five units and will be auctioned off soon.

Each Space Key contains a block made of advanced carbon-fire composite material, which was shipped to the International Space Station as part of a 2019 research program. After returning to Earth the block was engraved using a QR codes that link to the digital element of the Space Petron Key To Lamborghini.

Each of the five Space Keys will feature a separate moment that occurs seconds apart as the Lamborghini Ultimae lifts off toward the stars. More than 600 million pixels each of the five images, which were shot by photographer Fabian Oefner.

Oefner utilized a balloon with a camera to capture each of the individual shots which were later merged into the final image. The result is an image that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic image of a car rising away from the Earth. The Space Keys are going to be auctioned off in the near future, but there is no specific date or place 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 an NFT that is made up of composite carbon fiber material that was actually taken to the International Space Station for research purposes in 2019. The physical sample has been reshaped into five unique items that each link to exclusive, digital artworks by an unknown artist using the QR code printed on their backs.

The auctions, which take place between February 1 through February 4, last for 75 hours and 50 minutes, the same amount of time it took for Apollo 11 to leave Earth and enter lunar orbit. By making an online registration, you can bid on five NFTs. Each NFT will be offered separately and the winner will receive an original digital artwork created by world-renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its space voyage.

The full details of 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 details on how to purchase these extraordinary creations. Follow Lamborghini on Instagram for all the information you need!