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

Following a series of social media posts hinting at it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Dubbed Space Key and created in collaboration with an unknown artist and inspired by a piece advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

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

lamborghini smart key, the Italian car key lamborghini manufacturer is making its first step into non-fungible tokens (NFTs). The new initiative - named the Space petron key To Lamborghini - is a work of art that was made in collaboration with a lone artist. The one-of-a-kind NFT is a physical object that links to exclusive digital artwork, accessible via an QR code on the back. The project is a limited edition and will be auctioned off in the next few weeks.

The Space Key is made from carbon fiber composite materials that Lamborghini smuggled to the International Space Station in 2019 as part of a research project. After returning to earth, the carbon fiber was transformed into this unique artwork. The physical element is embossed with an NFT serial number which ties to the corresponding digital artwork with QR codes on the back.

For those not in the know, NFTs are distinct identifiers recorded on a distributed blockchain ledger and tied to a digital asset, such as a photograph, video or music. This allows owners to ensure authenticity and traceability of tokens through the internet.

Lamborghini is taking this unique approach to art by working with NFT PRO, a white label NFT solution for business. In the coming weeks, Lamborghini will reveal details about this exciting project, including the name of the unknown artist as well as a timeline for the auction.

The physical aspect of the Space Key

In the wake of numerous social media posts that tease something space-themed, Italian supercar maker lamborghini car keys has stepped into the realm of tokens that are not fungible (NFT) with an exclusive project called Space Key. Created in collaboration with an unknown artist, the NFT is a sought-after item that will be auctioned off in a few weeks. Its underlying structure is made of the most advanced carbon fiber composite material, which was delivered to the International Space Station in 2019 as part of a study. Carbon fiber was 3D printed to form the base of each Space Key. Each Space Key is linked to an exclusive, digital image via QR codes. Only five Space Keys were produced.

NFTs are unique identification numbers that can be recorded on distributed ledgers like the Blockchain and linked to a digital asset such as images. It's a hot topic among those with more money than common sense. It was only a matter of time until automakers decided to cash in.

Space Key is made up of five units. It was made with a carbon fiber composite. It was sent to the ISS back in the year 2019. Each NFT is linked to an exclusive digital artwork created by the same artist by using an QR code that is located on the backside of the carbon fiber element. 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 buy one of the five Space Keys.

The digital artwork

After weeks of social-media posts hints, luxury automobile maker lamborghini digital key finally revealed its first initiative for non-fungible tokens (NFT). It's called the Space Key, it consists of five items that unlock an exclusive digital artwork NFT created by an artist yet to be identified. Created in collaboration with NFT PRO(tm), the "collector's item" is limited to five units and will soon be auctioned off.

Each Space Key contains a block made of advanced carbon-fire composite material. It was sent to the International Space Station as part of a research project for 2019. After returning to Earth the Space Key was imprinted with a QR code that links it to the digital element of the Space Key.

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

Oefner used an inflatable camera with an lens to take individual images, which were then combined into the final photo. The result is an amazing out of the world photo that captures the beauty of Earth and 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 set yet.

The auction

Lamborghini the premium 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 that actually traveled to the International Space Station in 2019 to conduct research. The physical sample has now been transformed into five unique objects that connect to exclusive and purely digital artworks created by an undisclosed artist via the QR code on their backs.

The auctions will be held between February 1 and February 4. They will last for 75 hours and 50 mins - the time it took Apollo 11 for him to leave Earth and enter the lunar orbit. By making an online registration, you can bid on five NFTs. Each NFT will be offered separately and the winner will get an artwork created by renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its flight through space.

Over the next few weeks, we'll reveal all the details regarding the Space Key as well as the digital artworks accompanying it. This includes the identity of the unidentified creator and how to purchase these amazing artworks. Follow Lamborghini's Instagram for all the information you require!