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

After a series of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key, developed in collaboration with an unidentified artist, and based on cutting-edge carbon fiber composite materials, which were sent to the International Space Station as research material, is a new project that has been revealed by Lamborghini.

Developed in collaboration NFT PRO(tm).

lamborghini key replacement cost, the Italian car manufacturer has taken the first step into the world non-fungible tokens (NFTs). The latest project, dubbed the Space Key, is a piece created in collaboration with an unknown artist. The unique NFT is a tangible item which connects to a unique digital artwork that can be accessed via an QR code printed on the back. The project is limited and will be auctioned off over the next few weeks.

The Space Key is made of a carbon composite material that lamborghini keys, as part a research project in 2019 and sent to the International Space Station. The carbon fiber was transformed into a unique art work after it returned to Earth. The physical component is embossed with an NFT serial number, which is tied to the corresponding digital artwork using a QR code on the back.

NFTs for those not familiar, are unique identifiers that are stored on a distributed ledger of the blockchain and connected to a digital asset, such as a photo or video, song or any other kind of record. This enables owners to guarantee the authenticity, scarcity and trackability of their tokens over the internet.

Lamborghini takes this unique approach to art to a new level by working with NFT PRO, an white label NFT solution for businesses. In the coming weeks, Lamborghini will share details about the exciting project. This includes the names of the unknown artists and a timeline for auction.

The physical component of Space Key

Following a string of social media posts that tease something space-themed, Italian supercar maker Lamborghini has stepped into the realm of tokens that are non-fungible (NFT) with a unique project called Space Key. The project was created in collaboration with an unidentified artist the NFT is a collectible item that will be auctioned off in a few weeks. It is a piece that's made of the latest carbon fiber composite material that was delivered to the International Space Station (ISS) in 2019 as part an ongoing research project. The carbon fiber has been 3D printed to form the base of each Space key lamborghini aventador, which is linked with an exclusive, purely digital design using the QR code printed on the back of the key. 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 like images. They're popular among those with more money than sense and it was only a matter of time before an automaker decided to capitalize on the trend.

Space Key consists of five units. The components were built with a physical part of carbon fiber composite which was delivered 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 printed on the back of the carbon fiber component. 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 weeks of posts on social media hints at it, the luxury car manufacturer lamborghini car key has finally revealed its first non-fungible token (NFT) project. It's dubbed the Space Key, it consists of five physical items that unlock an exclusive digital artwork created by the unidentified artist. Created in collaboration with NFT PRO(tm) the "collector's work" is limited to five units and will be auctioned off in the near future.

At the heart of each Space Key is a block made of a high-tech carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research program. After returning to Earth, the block was inscribed with a QR code that links 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. More than 600 million pixels make up each of the five images, which were taken by photographer Fabian Oefner.

Oefner utilized an inflatable camera that had a lens to capture individual images, which were then combined into the final photo. The result is an amazing out of the world photograph that captures both the beauty of the Earth as well as the futuristic, hyper-realistic view of the car rising from it. The Space Keys will be auctioned off in the near future, but the exact date and location of the auction hasn't been announced yet.

The auction

Lamborghini, the luxury 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 petron key to lamborghini (why not look here) is essentially an NFT that contains carbon fiber composite material that went to the International Space Station in 2019 for research purposes. The physical sample was shaped into five unique pieces that connect to unique digital artworks created exclusively by an artist who has yet to be revealed through the QR code.

The auctions, which will be held between February 1 until February 4, last for 75 hours and 50 minutes, the same time it took Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be bid on by signing up online. Each one will be auctioned individually and the winner will receive an artwork digitally made by renowned photographer Fabian Oefner, which captures the five different times the Space Key passed during its flight in space.

The full details of 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 details on how to acquire these out-of-this-world creations. Follow Lamborghini on Instagram for all of the details you require!