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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)
After a string of social media posts suggesting it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Space Key was developed in collaboration with a non-disclosed artist and based on the latest carbon fiber composite materials that were shipped to the International Space Station as research material, is a project which was announced by Lamborghini.
In collaboration with NFT PRO(tm)
Lamborghini, the Italian supercar manufacturer has taken the first step into the world of non-fungible tokens (NFTs). The latest project, dubbed the Space Key, is a piece that was developed in collaboration with an unknown artist. The NFT is an exclusive piece of digital art that can be accessed through a QR code. The project is a limited edition and will be auctioned off within the next few weeks.
lamborghini digital key is made of a carbon composite material that Lamborghini as part of a research project in the year 2019 sent to the International Space Station. The carbon fiber was transformed into a unique art work when it returned to Earth. The physical object is inscribed with an NFT serial number which ties to the corresponding digital artwork by using QR codes on the back.
NFTs for those who aren't familiar they are unique identifiers that are stored on an open ledger on the blockchain and linked to an digital asset such as a photograph or video, song, or any other kind of record. This lets owners ensure the authenticity, scarcity and the trackability of their tokens through the internet.
Lamborghini is taking this unique approach to art to a new level by collaborating with NFT PRO, an white label NFT solution for businesses. In the coming weeks, Lamborghini will share information about this exciting project. This includes the name of the artists who are unknown and a timetable for auction.
The physical aspect of the Space Key
After a series of social media posts that tease something related to space, Italian supercar maker Lamborghini has entered the world of tokens that are non-fungible (NFT) with a unique project dubbed Space Key. Created in collaboration with an unknown artist, the NFT is a collector's item that will be auctioned off within a few weeks time. Its core is made of the most advanced carbon fiber composite material, which was shipped to the International Space Station in 2019 as part a research project. The carbon fiber was 3D printed to create the base of each Space Key, which is linked with an exclusive, entirely digital design using the QR code that is on the back of the key. Only five Space Keys have been produced.
NFTs are unique identifiers that can be stored on distributed ledgers, such as the Blockchain and linked to a digital asset like images. They're a hot topic for those with more money than sanity It was just a matter 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 linked with an exclusive digital artwork created by the same artist by using QR codes on the backside of the carbon fiber element. More details will be released in the coming days and weeks including the artist's name along with the digital artwork and how to purchase one of the five Space Keys.
The digital artwork
After several weeks of posts on social media hints 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 items that allows you to access an exclusive digital work by the yet to be identified artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to just five units. It will be auctioned shortly.
The heart of every Space Key is a block made of the most advanced carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research project. After returning to Earth the Space Key was stamped with a QR code, which connects it to the digital component of the Space Key.
Each of the five Space Keys features a different moment that occurs at different times when the Lamborghini Ultimae takes off towards the stars. More than 600 million pixels make each of the five images which were taken by photographer Fabian Oefner.
Oefner utilized an inflatable camera with lenses to capture the individual images, which were later added to the final picture. The result is a picture that is out of this 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 in the near future, however there is no specific date or location as of 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 Key is an NFT that is made up of composite carbon fiber which was transported to the International Space Station for research purposes in 2019. The physical 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 between February 1 and February 4. They will last 75 hours and 50 mins - the time it took Apollo 11 for him to leave Earth and enter the lunar orbit. The five NFTs can be bought by registering online. Each will be sold separately and the winner will be awarded a digital artwork made by renowned photographer Fabian Oefner, which captures the five different times the Space Key passed during its journey through space.
Full details about the Space Key and its accompanying digital artworks will be revealed in the coming weeks including the identity of the unidentified artist as well as the best way to get these incredible creations. Follow Lamborghini on Instagram for all of the details you require!