Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
After a number of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. It's called Space Key and developed in collaboration with an unknown artist, it is inspired by a piece advanced carbon fiber composite material that was delivered to the International Space Station for research purposes.
In collaboration with NFT PRO(tm).
Italian supercar maker Lamborghini is diving its toes into the world of non-fungible tokens (NFTs). The new project - called the Space Key - is a piece of art that was created in collaboration with an artist who is not known. The one-of-a-kind NFT is a tangible object which connects to a unique digital artwork that can be accessed via a QR code on the back. The project is limited to five pieces and will be auctioned off in the coming weeks.
The Space Key is made from a carbon fiber composite material which Lamborghini shipped to the International Space Station in 2019 as part of an investigation project. The carbon fiber was transformed into an original artwork after it returned to Earth. The physical piece is imprinted with an NFT serial number that is linked to the corresponding digital artwork by using a QR code that is located on the back.
NFTs, for those who are not familiar, are unique identifiers that are recorded on a distributed ledger of the blockchain and connected to digital assets, such as a photo, video, song or other recording. This allows owners to verify 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 white label NFT solution for businesses. In the coming weeks, the company will be sharing details about this exciting project including the name of the unknown artist and a timeline for the auction.
The physical element of Space Key
Following a string of social media posts that tease some kind of space-themed item, Italian supercar maker Lamborghini has entered the world of tokens that are not fungible (NFT) with a unique project dubbed Space Key. The NFT was created in collaboration with a mysterious artist and will be auctioned in just a few weeks. Its core is comprised of an advanced carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a research project. The carbon fiber has been 3D printed to form the basis of each Space Key, which is linked with an exclusive, digital artwork using the QR code that is on the back of the key. Only five Space Keys have been produced.
NFTs are unique identification numbers that can be recorded on distributed ledgers such as the Blockchain and tied to a digital asset such as pictures. They're a hot topic for those with more money than sanity So it was only an issue of time before an automaker decided to capitalize on the trend.
Space Key is made up of five parts. It was created using a carbon fiber composite. It was sent to the ISS in the year 2019. Each NFT is linked to an exclusive digital artwork by the same artist using a QR code on the back of the carbon fiber element. More details will be released in the coming weeks and days 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 weeks of social media posts hints, luxury car maker Lamborghini finally announced its first venture for non-fungible tokens (NFT). Called the Space Key, it consists of five physical items that unlock an exclusive digital artwork NFT by a yet-to-be-identified artist. Developed in collaboration with NFT PRO(tm) the collector's piece is limited to just five units and will be auctioned off soon.
Each Space Key contains a block composed of a carbon-fire composite material. It was shipped to the International Space Station as part of a 2019 research project. 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 takes place 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 an inflatable camera equipped with lenses to capture the individual images, which were then put together into the final image. lamborghini urus key price is a photograph that is out of this world. It captures the beauty of Earth and the futuristic, hyperrealistic view of a car rising away from the Earth. The Space Keys are going to be auctioned off soon, but there's no precise date or time yet.
The auction
With the tagline 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a captivating project in collaboration with NFT PRO(tm). The Space Key is an NFT that is made up of composite carbon fiber material that was actually transported to the International Space Station for research purposes in 2019. The actual sample was shaped into five unique pieces that connect to exclusive digital art work created by an artist that has not yet been announced via the QR code.
The auctions will run from February 1 through February 4. The auctions will last for 75 hours and 50 minutes, which is the amount of time it took Apollo 11 for him to leave Earth and enter lunar orbit. By registering online, you can bid on five NFTs. Each one will be sold separately and the winner will be awarded a digital artwork made by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its journey through space.
Full details about the Space Key and its accompanying digital artworks will be revealed over the next weeks, including the identity of the unknown artist and information on how to acquire these out-of-this-world creations. Stay tuned to Lamborghini's Instagram for all the details you require!