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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
After 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, developed in collaboration with a non-disclosed artist and based on advanced carbon fiber composite materials, which were sent to the International Space Station as research material, is a project that has been revealed by Lamborghini.
The product was developed in collaboration with NFT PRO(tm).
Italian supercar maker Lamborghini is dipping its toes into the world of non-fungible tokens (NFTs). The new project, called the Space Key, is a piece created in collaboration with an unidentified artist. The unique NFT is a tangible object that connects to exclusive digital artwork accessible through a QR code that is located on the back. The project is a limited edition and will be auctioned off in the coming weeks.
The Space Key is made from carbon fiber composite materials that Lamborghini sent to the International Space Station in 2019 as part of an experiment. The carbon fiber was transformed into an original artwork after it returned to Earth. The physical piece is engraved with an NFT serial number that ties to the digital artwork with a QR code that is located on the back.
NFTs, for those who are not familiar, are unique identifiers that are stored on a distributed ledger of the blockchain and linked to a digital asset like a photograph, video, song or any other kind of record. This enables owners to guarantee the authenticity, scarcity and the trackability of their tokens through the internet.
Lamborghini is taking this unique approach to art to a new level by working with NFT PRO - a white label NFT solution for business. In the coming weeks, Lamborghini will reveal information about this exciting project. This will include the names of the unknown artists and a timeline for auction.
The physical element of Space Key
After a series of social media posts teasing something related to space, Italian supercar maker Lamborghini has entered the world of tokens that are non-fungible (NFT) with a unique project dubbed Space Key. The NFT was developed in collaboration with an unknown artist and will go on auction within a couple of weeks. Its base is made of the most advanced carbon fiber composite material, which was delivered to the International Space Station in 2019 as part of a research program. The carbon fiber was 3D printed to form the basis of each Space Key, which is connected to an exclusive, digital artwork using a QR code on the back of the key. Only five Space Keys have been produced.
NFTs are unique identifiers that can be recorded on distributed ledgers like the Blockchain and tied to a digital asset like images. They're popular among people with more money than So it was only a matter of time until an automaker decided to cash in on the trend.
Space Key consists of five units. They were constructed using a real piece of carbon fiber composite that was shipped to the ISS in 2019. Each NFT will come with a QR code which links it to a special digital art work by the same artist. In lambo car keys thekeylab.co.uk coming weeks and days, more information will be revealed including the name and digital artwork of the artist and how to purchase one of the five Space Keys.
The digital artwork
After weeks of social media posts hinting at it, the luxury car maker Lamborghini finally announced its first venture for tokens that are non-fungible (NFT). The Space Key is a collection of five physical items that will unlock a special digital art by a yet to be identified artist. The collectors' piece 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 made of advanced carbon-fire composite material, which was sent to the International Space Station as part of a 2019 research program. After returning to Earth the block was engraved with a QR code that links to the digital element in the Space Key.
Each of the five Space Keys will feature a distinct moment that happens seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was taken by photographer Fabian Oefner and contains over 600 million pixels.
Oefner used a balloon with a camera, which took each of the individual shots, that were then merged to create the final image. The result is an amazing out of the world photograph that captures both the beauty of Earth as well as the futuristic, hyper-realistic picture of the car rising away from it. The Space Keys are going to be auctioned off soon, but there's no precise date or place yet.
The auction
With the tagline 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a mesmerizing project in collaboration with NFT PRO(tm). The Space Key Space Key is an NFT that is made up of composite carbon fiber material that was actually shipped to the International Space Station for research purposes in the year 2019. The physical sample has now been cut into five distinct items that each link to exclusive digital artworks created by an unidentified artist through the QR code on their backs.
The auctions will take place between February 1 and February 4. They will last 75 hours and 50 minutes - the time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By signing up online, you will be able to bid on the five NFTs. Each one will be auctioned in a separate auction and the winner will be awarded a digital artwork created by renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its flight in space.
Over the next few weeks, we will reveal all the details regarding the Space Key as well as the digital artworks that go with it. This includes the identity of the elusive creator and the best way to purchase these incredible artworks. Stay tuned to Lamborghini's Instagram for all the details you need!