Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
After a string of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. The project is dubbed Space Key and developed in collaboration with an unknown artist the project is made up of an advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.
Created in collaboration with NFT PRO(tm).
Lamborghini, the Italian car manufacturer has taken the first step into non-fungible tokens (NFTs). The latest project - dubbed the Space Key - is a piece of art made by a collaboration with an unknown artist. The unique NFT is a tangible item that connects to exclusive digital artwork that is accessible via a QR code on the back. The project is a limited edition and will be auctioned off over the next few weeks.
The Space Key is made of a carbon composite material that Lamborghini, as part of a research project in the year 2019 was sent to the International Space Station. The carbon fiber was created into a distinctive artwork after it returned to Earth. The physical component has an NFT serial code that ties to the digital image via QR code on the rear.
NFTs, for those who are not familiar, are unique identifiers that are recorded on an open ledger on the blockchain and connected to a digital asset such as a photograph, video, song or any other type of record. This enables owners to guarantee the authenticity, scarcity and the traceability of their tokens on the internet.
Lamborghini is taking this unique approach to art a step further by collaborating with NFT PRO, an all-white label NFT solution for businesses. In the coming weeks, Lamborghini will reveal details about this exciting project, including the name of the unidentified artist and a timetable for the auction.
The physical element of the Space Key. Space Key
After a series of social media posts, each one revealing something space-themed the Italian supercar maker Lamborghini entered the world non-fungible (NFT) tokens through an exclusive project called Space Key. The NFT was developed in collaboration with a mysterious artist and will be auctioned in just a few weeks. It is a piece of advanced carbon fiber composite material that was sent to the International Space Station (ISS) in 2019 as part of an ongoing research project. 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 identifications that can be stored in distributed ledgers such as the Blockchain and connected to digital assets like pictures. It's a hot topic among people who have more money than common sense. It was only a question of time before automakers decided to cash in.
Space Key is made up of five units. It was created using a piece of carbon fiber composite, which was sent to the ISS back in 2019. Each NFT will have a QR code that links it to an exclusive digital art work by the same artist. In the coming weeks and days, more information will be revealed including the name and digital artwork of the artist as well how to purchase one of the five Space Keys.
The digital artwork
After several weeks of social media posts hinting at it, luxury car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical items that allows you to access an exclusive digital work by an unknown artist. The collectors' piece was created in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned shortly.
At the heart of each Space Key is a block of advanced 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 engraved using a QR codes that link to the digital element in the Space Key.
lamborghini keys www.thekeylab.co.uk of the five Space Keys features a different moment that takes place at different times as the Lamborghini Ultimae takes off towards the stars. More than 600 million pixels up each of the five images which were shot by photographer Fabian Oefner.
Oefner used a balloon with a camera to take each of the individual images, which were later merged into the final image. The result is a photograph that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic look of a car rising away from the Earth. The Space Keys will be auctioned off soon, but the exact date and time of the auction haven't yet been revealed yet.
The auction
Lamborghini, the luxury 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 went to the International Space Station in 2019 to conduct research. The physical sample was then shaped into five unique pieces that connect to exclusive digital artworks created by an artist that has not yet been revealed through the QR code.
The auctions, which will begin between February 1 through February 4, last for 75 hours and 50 minutes, the same amount of time it took for Apollo 11 to leave Earth and enter lunar orbit. By enrolling online, you'll be able to bid on the five NFTs. Each NFT will be sold individually and the winner will be awarded an original digital art work by the renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its flight through space.
In the next few weeks, we'll unveil all the details of the Space Key as well as the digital artworks that accompany it. This includes the identity of the unidentified creator and the best way to purchase these amazing artworks. Follow Lamborghini's Instagram for all the information you require!