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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 finally announced its NFT (non fungible token) Project. Space Key, developed in collaboration with an unidentified artist and based on the latest carbon fiber composite materials that were sent to the International Space Station as research material, is a new project that has been revealed by Lamborghini.

In collaboration with NFT PRO(tm)

Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The new project, dubbed the Space Key - is a work of art that was that was created in collaboration with a lone artist. The one-of-a-kind NFT is a tangible object that links to exclusive digital artwork that can be accessed via an QR code printed on the back. The project is limited and will be auctioned off in the next few weeks.

The Space Key is made from carbon fiber composite material that Lamborghini took to the International Space Station in 2019 as part of research project. After it returned to Earth the carbon fiber was crafted into this distinctive artwork. The physical element is embossed with an NFT serial number that is linked to the corresponding digital artwork with an QR code on the back.

NFTs, for those who are not familiar they are unique identifiers that are stored on an open ledger on the blockchain and linked to an digital asset, such as a photo video, song, or other recording. This allows owners to guarantee authenticity and scarcity as well as trackability of tokens via the internet.

Lamborghini is taking this unique approach to art a step further by collaborating with NFT PRO - a white label NFT solution for business. In the coming weeks Lamborghini will be sharing details about the exciting project including the name of the unidentified artist and a timetable for the auction.

The physical element of Space Key

After a series of social media posts that teased some kind of space-themed item, the Italian supercar manufacturer Lamborghini has entered the world of non-fungible (NFT) tokens with an exclusive project named Space Key. It was developed in collaboration with an unidentified artist the NFT is a sought-after item that will be auctioned off in just a couple of weeks. Its underlying structure is composed of a high-tech carbon fibre composite material, which was shipped to the International Space Station in 2019 as part a research project. Carbon fiber was 3D-printed for the base of each Space Key. Each Space Key is linked to an exclusive digital artwork by way of QR codes. Only five Space Keys were produced.

NFTs are unique identifiers that can be stored on distributed ledgers, such as the Blockchain and tied to a digital asset such as images. They're a hot topic for those with more money than sanity and it was only an issue of time before an automaker decided to cash in on the trend.

Space Key is made up of five parts. It was created with a carbon fiber composite, which was sent to the ISS back in the year 2019. Each NFT will be linked with an exclusive digital artwork created by the same artist using a QR code on the backside of the carbon fiber piece. More details will be released in the coming days and weeks including the artist's name as well as the digital artwork, and the method of purchasing one of the five Space Keys.

The digital artwork

After months of social media posts that hinted at it, the luxury car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. It's called the Space Key, it consists of five physical items that unlock a unique digital artwork NFT created by the unidentified artist. The  collectors' piece was developed in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned soon.

At the heart of each Space Key is a block of carbon fire composite material, which was sent to the International Space Station in 2019 as part of a research program. After returning to Earth, the block was engraved with QR codes that connect to the digital element within 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 the five images was taken by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used an inflatable camera with lenses to capture the individual images, which were then added to the final picture. The result is an out of this world image that captures 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 in the near future, but there is no specific date or location as of yet.

The auction

Lamborghini the premium automaker, has entered the world non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material which actually traveled to the International Space Station in 2019 to conduct research. The physical sample has been shaped into five unique objects that connect to exclusive, digital artworks created by an unidentified artist through the QR code on their backs.

lamborghini urus key replacement cost  are scheduled to take place from February 1 until February 4. The auctions will last for 75 hours and 50 minutes - the amount of 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 will be sold by itself and the winner will receive a digital artwork created by the renowned photographer Fabian Oefner, which captures the five distinct moments the Space Key passed during its journey through space.

In the coming weeks, we will reveal all the details of the Space Key as well as the digital artworks that go with it. This includes the identity of the unknown creator, as well as how to purchase these incredible artworks. Follow Lamborghini's Instagram for all the info you need!