Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
After a number of social media posts that hint at it, Italian supercar-maker Lamborghini has finally revealed its first NFT (non-fungible token) project. The project is dubbed Space Key and developed in collaboration with an unknown artist the project is built on a piece of advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.
The product was developed in collaboration with NFT PRO(tm).
Lamborghini, the Italian supercar manufacturer has taken the first step towards the world of non-fungible tokens (NFTs). The latest project, dubbed the Space Key, is a piece created in collaboration with an unknown artist. The NFT is an exclusive piece of digital art that can be accessible via an QR code. The project is limited and will be auctioned off within the next few weeks.
The Space Key is made from a carbon fiber composite material that Lamborghini sent to the International Space Station in 2019 as part of an experiment. Once it returned to earth the carbon fiber was crafted into this unique art. The physical component includes an NFT serial code that ties to the digital artwork through a QR code printed on the back.
For those who aren't in the know, NFTs are distinct identifiers recorded on a distributed blockchain ledger, and linked to a digital asset such as a photograph, video or music. This allows owners to ensure the authenticity, scarcity and tracking of their tokens across the internet.
Working with petron key to lamborghini The Keylab -label NFT solution for businesses, Lamborghini will take this unique approach to art to a new level. Over the next few 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 element of the Space Key
After a series of social media posts that tease something that was space-related, Italian supercar maker Lamborghini has entered the world of tokens that are not fungible (NFT) by launching an exclusive project dubbed Space Key. The NFT was developed in collaboration with an unknown artist and will go on auction within 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 a research project. Carbon fiber was 3D printed for the base of each Space Key. Each Space Key is connected to a unique, digital artwork by way of a QR code. Only five Space Keys were produced.
NFTs are unique identifiers that can be recorded on distributed ledgers, such as the Blockchain and linked to digital assets such as images. It's a hot topic with people who have more money than they have common sense. It was only a matter of time until automakers decided to take advantage of.
Space Key consists of five units and was built using a physical piece of carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will be connected to an exclusive digital artwork by the same artist using a QR code on the backside of the carbon fiber piece. More details will be shared in the coming weeks and days, including the name of the artist as well as the digital artwork, and how to purchase one of the five Space Keys.
The digital artwork
After several weeks of social media posts hinting at it, the luxury car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five items that unlocks a unique digital artwork by the yet to be identified artist. It was created in collaboration with NFT PRO(tm) The collector's piece is limited to only five units and will be auctioned off shortly.
Each Space Key contains a block comprised of the most advanced carbon-fire composite material. It was sent to the International Space Station as part of a 2019 research program. After returning to Earth, it was imprinted with a QR code, which connects 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 the five images was captured by photographer Fabian Oefner and contains over 600 million pixels.
Oefner utilized a balloon with a camera, which took each of the individual shots that were then merged to create the final image. The result is a photograph that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic look of a car rising from the Earth. The Space Keys are going to be auctioned in the near future, however there is no exact date or location as of yet.
The auction
Lamborghini, the luxury 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 an NFT made of composite carbon fiber material that was actually transported to the International Space Station for research purposes in the year 2019. The actual sample was shaped into five unique pieces that link to exclusive digital art work created only by an artist who has not yet been announced through the QR code.
The auctions will run from February 1 until February 4. They will last 75 hours and 50 minutes, which is the time it took Apollo 11 for him to leave Earth and enter Lunar orbit. The five NFTs can be purchased by creating an account online. Each one 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 flight in space.
Full details about the Space Key and its accompanying digital artworks will be announced over the next weeks, including the identity of the unknown artist and information on how to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all of the details you require!