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

After a string of social media posts hinting at it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. The project is dubbed Space Key and created in collaboration with an unknown artist, it is built on a piece of advanced carbon fiber composite material that was sent to the International Space Station for research purposes.

The product was developed in collaboration with NFT PRO(tm)

Italian supercar maker lamborghini huracan car key is diving its toes into the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a work that was created in collaboration with a unknown artist. The one-of-a-kind NFT is a physical object that connects to exclusive digital artwork that can be accessed via an QR code printed on the back. The project is limited and will be auctioned off within the coming weeks.

The Space Key is made of carbon composite material that lamborghini key programming, as part of a research project in 2019 was sent to the International Space Station. Once it returned to earth carbon fiber was fashioned into this unique artwork. The physical piece has an NFT serial code that connects to the digital artwork through a QR code on the rear.

NFTs for those not familiar are unique identifiers that are stored 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 allows owners to ensure the authenticity, scarcity, and the traceability of their tokens on the internet.

Working with NFT PRO which is a white-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 and a timeline for the auction.

The physical element of the Space Key. Space Petron Key to lamborghini

After a series of social media posts teasing something space-related, the Italian supercar maker lamborghini digital key entered the world non-fungible (NFT) tokens through an exclusive project called Space Key. The NFT was created in collaboration with a mysterious artist and will be auctioned off within a couple of weeks. Its core is a piece made of advanced 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 each Space Key. Each Space Key is linked to an exclusive digital artwork by way of a QR code. Five Space lambo keys have been produced.

NFTs are unique IDs that can be logged in distributed ledgers like the Blockchain and connected to digital assets like images. It's a hot subject among people who have more money than they have common sense. So it was only a matter of time until automakers decided to cash in.

Space Key is made up of five units. It was designed with a carbon fiber composite, which was delivered to the ISS back in the year 2019. Each NFT will come with a QR code which links it to a special digital art work by the same artist. In the coming weeks and days, more details 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 months of social media posts hinting at it, a prestigious car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical items that unlocks a unique digital artwork by a yet to be identified artist. The collectors' piece was created in collaboration with NFTPRO(tm) and is limited to only five units. It is scheduled to be auctioned in the near future.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material, which was sent to the International Space Station as part of a research project for 2019. After returning to Earth the block was engraved using a QR codes that link to the digital element within 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 which were then merged into the final image. The result is a picture that is completely out of the world. It captures both the beauty of Earth and the futuristic, hyperrealistic view of a car rising from the Earth. The Space Keys are going to be auctioned off in the near future, but there is no exact date or location as of 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 is essentially an NFT that has carbon fiber composite material that traveled to the International Space Station in 2019 for research purposes. The physical sample has been transformed into five unique items that each link to exclusive, digital artworks created by an undisclosed artist via the QR code printed on their backs.

The auctions will run from February 1 until February 4. They 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 the lunar orbit. The five NFTs can be bid on by creating an account online. 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 flight through space.

The full details regarding the Space Key and its accompanying digital artworks will be announced in the coming weeks including the identity of the unknown artist as well as information on how to acquire these out-of-this-world creations. Keep an eye on lamborghini huracan car key's Instagram for all the details you need!