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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
Following a series of social media posts hints at it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Dubbed Space Key and developed in collaboration with an undisclosed artist the project is inspired by a piece advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.
Created in collaboration with NFT PRO(tm).
Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The new initiative - named the Space Key - is a piece of art that was created in collaboration with an unidentified artist. The NFT is an exclusive piece of digital art that is accessable via the use of a QR code. The project is limited to five pieces and will be auctioned in the coming weeks.
The Space Key is made from carbon fiber composite material that Lamborghini took to the International Space Station in 2019 as part of a research project. Once it returned to earth, carbon fiber was fashioned into this distinctive artwork. The physical object is equipped with an NFT serial code that links to the digital artwork via QR code on the rear.
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 video, image or music. This allows owners to ensure authenticity, scarcity, and trackability of their tokens over the internet.
Lamborghini takes this unique approach to art to a new level by collaborating with NFT PRO, an all-white label NFT solution for business. Over the next few weeks Lamborghini will release details about this exciting project including the name of the unidentified artist and a timetable for the auction.
The physical aspect of the Space Key. Space Key
After multiple social media posts that teased something that was space-related, the Italian supercar maker Lamborghini entered the world non-fungible (NFT) tokens through an exclusive project dubbed Space Key. Created in collaboration with an unknown artist and artist, the NFT is a sought-after item that will be auctioned off within a few weeks. At its heart is a piece of advanced carbon fiber composite material, which was sent to the International Space Station (ISS) in the year 2019 as part of a research project. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is linked to an exclusive digital artwork via an QR code. Just five Space Keys have been produced.
NFTs are unique identifiers that can be recorded on distributed ledgers such as the Blockchain and tied to a digital asset such as pictures. It's a hot topic with people who have more money than common sense. So it was only a matter of time until automakers decided to take advantage of.
Space Key consists of five units. The components were built by using a 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 created by the same artist through a QR code printed on the backside of the carbon fiber piece. More details will be released in the coming days and weeks including the name of the artist who created the digital art work and how to purchase one of the five Space Keys.
The digital artwork
After months 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 physical items that unlocks an exclusive 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 five units and will be auctioned off shortly.
Each Space Key contains a block composed of carbon-fired composite material. It was sent to the International Space Station as part of a 2019 research program. After returning to lamborghini car key price The Keylab was inscribed with a QR codes that link to the digital element of the Space Key.
Each of the five Space Keys features a different moment that takes place at different times when the Lamborghini Ultimae takes off towards the stars. Each of the five images was filmed by photographer Fabian Oefner and contains over 600 million pixels.
Oefner utilized an inflatable camera that had a lens to capture the individual images, which were then combined into the final photo. The result is a photo that is completely out of the world. It captures both the beauty of Earth and the futuristic, hyperrealistic image of a car rising from the Earth. The Space Keys are going to be auctioned off soon, but there isn't a specific date or location as of yet.
The auction
With the slogan 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a captivating project created in collaboration with NFT PRO(tm). The Space Key Space Key is an NFT which is composed of carbon fiber which was transported to the International Space Station for research purposes in 2019. The actual sample was cut into five unique pieces that connect to exclusive digital artworks designed exclusively by an artist who is not yet revealed via the QR code.
The auctions, which will take place between February 1 and February 4, will last for 75 hours and 50 minutes - the same time it took for Apollo 11 to leave Earth and enter the lunar orbit. By making an online registration, you can bid on the five NFTs. Each will be sold by itself and the winner will receive a digital artwork made by renowned photographer Fabian Oefner, which captures the five different moments the Space Key passed during its flight through space.
In the coming weeks, we will reveal 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 creations. Stay tuned to Lamborghini's Instagram for all the information you need!