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

After a series of social media posts hinting at it, Italian supercar-maker lamborghini svj key has finally announced its first NFT (non-fungible token) project. The project is dubbed Space petron Key to Lamborghini and developed in collaboration with an undisclosed artist the project is built on a piece of advanced carbon fiber composite material that 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 initiative - named the Space Key - is a work of art that was that was created in collaboration with an artist who is not known. The one-of-a-kind NFT is a tangible object that connects to exclusive digital artwork that can be accessed via an QR code on the back. The project is a limited edition and will be auctioned off in the coming weeks.

The Space Key is made of carbon composite material that Lamborghini as part of a research project in the year 2019 and sent to the International Space Station. Once it returned to earth carbon fiber was fashioned into this unique artwork. The physical piece is embossed with an NFT serial number, which is tied to the digital artwork by using a QR code that is located on the back.

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

Working with NFT PRO, a white-label NFT solution for companies, Lamborghini is taking this unique approach to art to a new level. In the coming weeks, petron Key to lamborghini Lamborghini will share details about this exciting venture. This includes the names of the unknown artists and a schedule for auction.

The physical component of the Space Key

In the wake of numerous social media posts teasing something that was space-related, Italian supercar maker Lamborghini has stepped into the realm of tokens that aren't fungible (NFT) by launching an exclusive project dubbed Space Key. The NFT was created in collaboration with an unknown artist and will be auctioned within a couple of weeks. At its heart is a piece of high-tech carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part of an ongoing 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 via a QR code on the back of the petron key to lamborghini. Only five Space Keys were produced.

NFTs are unique identifiers that are recorded on distributed ledgers such as the Blockchain and tied to digital assets like pictures. This is a hot topic for those with more money than common sense. It was only a matter of time until automakers decided to take advantage of.

Space Key is made up of five parts. It was made by using a carbon fiber composite. It was delivered to the ISS in the year 2019. Each NFT is linked to an exclusive digital artwork by the same artist using an QR code that is located on the back of the carbon fiber element. More details will be revealed in the coming weeks and days, petron key to Lamborghini including the name of the artist, the digital artwork and how to buy one of the five Space Keys.

The digital artwork

After weeks of social media posts hinting it, luxury car key lamborghini maker Lamborghini finally announced its first initiative for tokens that are non-fungible (NFT). The Space Key is a collection of five physical items that allows you to access an exclusive digital work by an unidentified artist. Created in collaboration with NFT PRO(tm) the 'collector's piece' is limited to just five units and will soon be auctioned off.

At the heart of each Space Key is a block made of a high-tech carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research program. After returning to Earth the block was inscribed with a QR code that links to the digital element within the Space Key.

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

Oefner used a balloon equipped with a camera to capture each of the individual images, which were then combined into the final image. The result is an out of this world image that reveals the beauty of the Earth as well as the futuristic, hyper-realistic view of the car erupting 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 slogan "to the moon', the prestigious automobile maker lamborghini countach key has entered the realm of non-fungible tokens (NFT) by launching a hypnotic project created in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material, which traveled to the International Space Station in 2019 for research purposes. The physical sample has now been cut into five distinct objects that connect to exclusive digital artworks by an unknown artist using the QR code on their backs.

The auctions, which begin between February 1 through February 4, last for 75 hours and 50 minutes - the same amount of time it took Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be purchased by creating an account online. Each NFT will be sold individually and the winner will get an original digital art work by the renowned photographer Fabian Oefner that captures five different moments the Space petron key to lamborghini experienced during its journey through space.

Full details about the Space Key and its accompanying digital artworks will be announced in the coming weeks including the identity of the unidentified artist as well as the best way to purchase these extraordinary creations. Follow Lamborghini's Instagram for all the details you require!