Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
After a string of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. It's called Space Key and created in collaboration with an unidentified artist and built on a piece of advanced carbon fiber composite material that was delivered to the International Space Station for research purposes.
Created in collaboration with NFT PRO(tm)
Italian supercar maker Lamborghini is taking a dive into the world of non-fungible tokens (NFTs). The latest project, named the Space Key, is a work that was created in collaboration with a unknown artist. The one-of-a-kind NFT is a physical item that connects to exclusive digital artwork that is accessible via a QR code on the back. The project is limited to five pieces and will be auctioned in the coming weeks.
The Space Key is made from carbon fiber composite materials that Lamborghini took to the International Space Station in 2019 as part of research project. When it returned to earth, carbon fiber was fashioned into this unique artwork. The physical element is inscribed with an NFT serial number, which is tied to the corresponding digital artwork via QR codes on the back.
For those not in the know, NFTs are distinct identification numbers that are stored on a distributed blockchain ledger. They are linked to a digital asset, such as a photo, video or music. This enables owners to guarantee the authenticity, scarcity and tracking of their tokens across the internet.
Lamborghini takes this unique approach to art to a new level by collaborating with NFT PRO, a white label NFT solution for business. In the coming weeks, Lamborghini will release details about this exciting project. This will include the names of the artists who are unknown and a timeline for auction.
The physical element of the Space Key
After a series of social media posts that teased some kind of space-themed item, the Italian supercar manufacturer Lamborghini launched its non-fungible (NFT) tokens with an exclusive project called Space Key. Created in collaboration with an unidentified artist and artist, the NFT is a collector's item that will be auctioned off within a couple of weeks. Its core is a piece 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 to form the base of each Space Key. Each Space Key is linked to an exclusive digital artwork using an QR code. Just five Space Keys have been produced.
NFTs are unique identifications that are recorded in distributed ledgers such as the Blockchain and linked to digital assets like images. lamborghini svj key 're the latest trend among those with more money than sanity It was just a matter of time before an automaker decided to capitalize on the trend.
Space Key is made up of five parts. It was made using a carbon fiber composite that was delivered to the ISS back in 2019. Each NFT will come with a QR code that links it to a special digital artwork created 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 as how to purchase one of the five Space Keys.
The digital artwork
After months of posts on social media hints at it, a prestigious car manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The project is dubbed the Space Key, it consists of five items that unlock an exclusive digital artwork NFT created by a yet-to-be-identified artist. The collectors' item was developed in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned off soon.
Each Space Key contains a block made of advanced carbon-fire composite material. It was shipped to the International Space Station as part of a research project in 2019. After returning to Earth, the block was engraved with a QR codes that connect to the digital element in 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. More than 600 million pixels each of the five images which were shot by photographer Fabian Oefner.
Oefner used a balloon equipped with a camera that captured each of the individual images, that were then merged to create the final image. The result is a picture that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic picture of a car rising from the Earth. The Space Keys will be auctioned off soon, but the exact date and location of the auction haven't yet been announced yet.
The auction
Lamborghini the premium automaker has entered the world of non-fungible tokens (NFTs) with the slogan "to the moon". The project was created in collaboration with NFTPRO(tm). The Space Key Space Key is an NFT that contains composite carbon fiber that was actually taken to the International Space Station for research purposes in 2019. The actual sample was shaped into five unique pieces that link to exclusive digital artworks created exclusively by an artist who is not yet 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 Apollo 11 to leave Earth and enter lunar orbit. The five NFTs are available for bidding by making an online registration. Each NFT will be auctioned off separately and the winner will get a digital artwork by renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its journey through space.
More details about the Space Key and its accompanying digital artworks will be revealed over the next weeks including the identity of the unidentified artist, as well as details on how to obtain these amazing creations. Follow Lamborghini on Instagram for all the information you need!