Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
Following a series of social media posts hinting at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. Dubbed Space Key and created in collaboration with an unidentified artist It is based on a piece of advanced carbon fiber composite material that was delivered to the International Space Station for research purposes.
The product was developed in collaboration with NFT PRO(tm).
Lamborghini, the Italian supercar manufacturer, is taking a first step towards the world of non-fungible tokens (NFTs). The latest project - dubbed the Space Key - is a work of art that was created in collaboration with an unidentified artist. The NFT is a unique piece of digital art that can be obtained by scanning the use of a QR code. 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 that Lamborghini sent to the International Space Station in 2019 as part of an investigation project. The carbon fiber was then transformed into a unique art work when it returned to Earth. The physical element is equipped with an NFT serial code that ties to the digital image via QR code printed on the back.
NFTs for those not familiar are unique identifiers that are stored on a distributed ledger of the blockchain and connected to digital assets, such as a photo or video, song or any other kind of record. This allows owners to ensure authenticity and the scarcity of tokens through the internet.
Lamborghini takes this unique approach to art a step further by collaborating with NFT PRO - white label NFT solution for businesses. In the coming weeks, Lamborghini will reveal details about the exciting project. This includes the name of the artists who are unknown and a timetable for auction.
The physical component of the 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 non-fungible (NFT) with an exclusive project called Space Key. The NFT was developed in collaboration with a mysterious artist and will be auctioned within a few weeks. Its core is made of the most advanced carbon fiber composite material, which was delivered to the International Space Station in 2019 as part of a research program. The carbon fiber was 3D printed to create the base of each Space Key, which is linked with an exclusive, purely digital artwork using the QR code that is on the back of the key. Just five Space Keys have been produced.
NFTs are unique identifications that can be recorded in distributed ledgers such as the Blockchain and linked to digital assets such as images. It's a hot topic among those with more money than common sense. It was just an issue of time before automakers decided to cash in.
Space Key consists of five units. The components were built with a physical part of the carbon fiber composite which was delivered to the ISS in 2019. Each NFT will have a QR code that links it to a special digital art work by the same artist. More details will be revealed in the coming weeks and days including the artist's name who created the digital art work and how to purchase one of the five Space Keys.
The digital artwork
After weeks of social-media posts hinting at it, the luxury automobile maker Lamborghini finally announced its first project for non-fungible tokens (NFT). It's dubbed the Space Key, it consists of five items that unlock an exclusive digital artwork created by an unidentified artist. The project was developed in collaboration with NFT PRO(tm) the "collector's work" is limited to only five units and will soon be auctioned off.
The core of each Space Key is a block made of a high-tech carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research program. After returning to Earth, the block was engraved with QR codes that connect to the digital element within the Space Key.
Each of the five Space Keys will feature a separate moment that occurs a few seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was filmed by photographer Fabian Oefner and contains over 600 million pixels.
lamborghini revuelto key utilized an inflatable camera that had lenses to capture the individual images, which were later combined into the final photo. The result is an out-of-this world photograph that captures both the beauty of Earth and the futuristic, hyper-realistic view of the car erupting from it. The Space Keys will be auctioned off in the near future, but the exact date and time of the auction hasn't been confirmed yet.
The auction
With the slogan "to the moon', luxury automobile manufacturer Lamborghini has entered the realm of non-fungible tokens (NFT) by launching a hypnotic project that was developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material, which went to the International Space Station in 2019 for research purposes. The actual sample was cut into five unique pieces that connect to exclusive digital artworks designed exclusively by an artist who has not yet been revealed via the QR code.
The auctions will be held between February 1 and February 4. The auctions will last for 75 hours and 50 mins - 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 registering online. Each NFT will be sold separately and the winner will receive a digital artwork by renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its space voyage.
More details about the Space Key and its accompanying digital artworks will be released in the coming weeks, including the identity of the unknown artist as well as the best way to get these incredible creations. Follow Lamborghini on Instagram for all the details you require!