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

Following a string of social media posts hinting at it, Italian supercar-maker Lamborghini has finally revealed its first NFT (non-fungible token) project. Space Key was developed in collaboration with a non-disclosed artist and based on advanced carbon fiber composite materials that 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)

Lamborghini, the Italian supercar maker has taken the first step into the world non-fungible tokens (NFTs). The latest project, named the Space Key, is a work of art created in collaboration with an unidentified artist. The one-of-a-kind NFT is a physical item that has a link to exclusive digital artwork accessible through an QR code on the back. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made of carbon composite materials that Lamborghini as part of a research project in 2019, sent to the International Space Station. The carbon fiber was then transformed into an original artwork when it returned to Earth. The physical element has an NFT serial code that connects to the digital art work via a QR code located on the back.

For those who do not know, NFTs are unique identifiers stored on a blockchain ledger that is linked to a digital asset, such as a photo, video or other type of record. This allows owners to guarantee authenticity and the scarcity of tokens through the internet.

Lamborghini takes this unique approach to art a step further by collaborating with NFT PRO - an all-white label NFT solution for businesses. In the coming weeks, lamborghini svj key will share details about this exciting project. This includes the name of the artists that are not known and a schedule for auction.

The physical component of Space Key

Following a string of social media posts teasing something that was space-related, Italian supercar maker lamborghini countach key has stepped into the realm of non-fungible tokens (NFT) by launching an exclusive project dubbed Space Key. The NFT was created in collaboration with an unknown artist and will be auctioned in just a few weeks. At its heart is a piece of advanced carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part a research project. The carbon fiber has been 3D printed to form the basis of each Space Key, which is connected to an exclusive, digital artwork through the QR code that is on the back of the key. Only five Space Keys were produced.

NFTs are unique identifiers that are recorded on distributed ledgers such as the Blockchain and tied to a digital asset such as pictures. It's a hot topic with people who have more money than common sense. It was just a matter of time before automakers decided to cash in.

Space Keyeen 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 that contains carbon fiber composite material, which went to the International Space Station in 2019 to conduct research. The actual sample has been transformed into five unique items that each link to exclusive and purely digital artworks by an unidentified artist through the QR code that is on their backs.

The auctions, which will occur between February 1 through 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 creating an account online. Each one will be auctioned in a separate auction and the winner will receive an original digital art work designed by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its journey through space.

In the next few weeks, we'll be revealing all the details about the Space Key as well as the digital artworks that go with it. This includes the identity of the mysterious creator and the best way to purchase these incredible creations. Follow lamborghini car key's Instagram for all the information you require!