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

After a series of social media posts that hinted at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. Space Key was developed in collaboration with an unidentified artist, and based on cutting-edge carbon fiber composite materials that were sent to the International Space Station as research material, is a new project that has been announced by Lamborghini.

In collaboration with NFT PRO(tm)

Italian supercar maker lamborghini countach key is diving its toes into the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a piece that was developed in collaboration with a unknown artist. The NFT is an exclusive piece of digital art that can be accessed through a QR code. The project is limited and will be auctioned off within the next few weeks.

The Space Key is made of carbon composite material that Lamborghini, as part a research project in the year 2019 and sent to the International Space Station. When it returned to earth the carbon fiber was transformed into this distinctive artwork. The physical component is inscribed with an NFT serial number that is linked to the digital artwork via a QR code that is located on the back.

For those who aren't in the know, NFTs are unique identifiers recorded on a distributed blockchain ledger that is linked to a digital asset, such as a picture, video or other type of record. This allows owners to verify the authenticity, scarcity and trackability of their tokens over the internet.

lamborghini diablo key takes this unique approach to art a step further by collaborating with NFT PRO, an all-white label NFT solution for businesses. Over the next few weeks, Lamborghini will release details about this exciting project including the name of the unidentified artist as well as a timeline 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 entered the world non-fungible (NFT) tokens with an exclusive project called Space Key. Created in collaboration with an unidentified artist and artist, the NFT is a sought-after item that will be auctioned off within a few weeks time. Its base is composed of a high-tech carbon fibre composite material, which was delivered to the International Space Station in 2019 as part a research project. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is linked to an exclusive, digital artwork via an QR code. 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 such as images. It's a hot subject among people with more money than common sense. It was just a matter of time until automakers decided to take advantage of.

Space Key is made up of five units. It was developed by using a carbon fiber composite that was sent to the ISS back in 2019. Each NFT will be linked with an exclusive digital artwork created by the same artist using a QR code on the back of the carbon fiber component. In the coming weeks and days, more details will be revealed including the name and digital artwork of the artist, as well as how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts hints, luxury car maker Lamborghini finally announced its first initiative for tokens that are non-fungible (NFT). The project is dubbed the Space Key, it consists of five items that unlock a unique digital artwork NFT by an unidentified artist. Created in collaboration with NFT PRO(tm), the "collector's item" is limited to just five units and will be auctioned off soon.

Each Space Key contains a block composed of carbon-fired composite material, which was sent to the International Space Station as part of a 2019 research project. After returning to Earth the Space Key was made into the QR code which links it to the digital component of the Space petron key to lamborghini.

Each of the five Space Keys will feature a distinct moment that occurs only seconds apart as the Lamborghini Ultimae lifts off toward the stars. More than 600 million pixels up each of the five images, that were taken by photographer Fabian Oefner.

Oefner utilized a balloon with a camera to take each of the individual shots which were then merged into the final image. The result is a truly out of this world photograph that captures both the beauty of the Earth and the futuristic, hyper-realistic look of the car rising 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 revealed yet.

The auction

With the tagline 'to the moon', luxury automobile manufacturer Lamborghini 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 an NFT made of composite carbon fiber material that was actually taken to the International Space Station for research purposes in 2019. The physical sample was then shaped into five unique pieces that connect to exclusive digital artworks designed only by an artist who has yet to be revealed through the QR code.

The auctions, which will take place 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 the lunar orbit. The five NFTs are available for bidding by creating an account online. Each will be sold by itself and the winner will receive a digital artwork designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its journey through space.

More details about the Space Key and its accompanying digital artworks will be announced over the next weeks including the identity of the unknown artist, as well as details on how to obtain these amazing creations. Keep an eye on Lamborghini's Instagram for all the details you require!