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

Following a string of social media posts hinting at it, Italian supercar-maker lamborghini key replacement has finally revealed its first NFT (non-fungible token) project. Space Key is being developed by a non-publicized artist and based on advanced carbon fiber composite materials, which were sent to the International Space Station as research material, is a project which was announced by Lamborghini.

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 made by a collaboration with a lone artist. The NFT is an exclusive piece of digital art that is accessed through the use of a QR code. The project is limited to five pieces and will be auctioned off in the coming weeks.

cropped-KeyLab-1.pngThe Space Key is made from carbon fiber composite material that Lamborghini sent to the International Space Station in 2019 as part of a research project. Once it returned to earth the carbon fiber was transformed into this unique artwork. The physical piece is engraved with an NFT serial number that is linked to the corresponding digital artwork using QR codes on the back.

For those who don't aware, NFTs are unique identifiers that are recorded on a distributed blockchain ledger that is linked to a digital asset, such as a picture, video, music or other record. This allows owners to ensure the authenticity, scarcity, and the trackability of their tokens through the internet.

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

The physical component of Space petron key to Lamborghini - kirkegaard-Obrien.technetbloggers.de,

After a series of social media posts teasing something space-themed, Italian supercar maker lamborghini key has stepped into the realm of tokens that aren't fungible (NFT) with a unique project called Space Key. The NFT was developed in collaboration with a mysterious artist and will go on auction within a few weeks. Its core is a piece composed of a high-tech carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a research program. Carbon fiber was 3D printed to form the base of each Space Key. Each Space Key is linked to an exclusive, digital artwork using the QR code. Only five Space Keys were produced.

NFTs are unique identifications that are recorded in distributed ledgers, like the Blockchain, and connected to digital assets such as images. It's a hot topic with those with more money than they have common sense. It was just an issue of time before automakers decided to cash in.

Space Key consists of five units. They were constructed using a physical piece of carbon fiber composite that was sent 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 back of the carbon fiber element. More details will be made available in the coming days and weeks, including the artist's name along with the digital artwork and the method of purchasing 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 involving tokens that are non-fungible (NFT). It's dubbed the Space Key, it consists of five items that unlock a unique digital artwork NFT created by an artist yet to be identified. The collectors' piece was created in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned shortly.

Each Space Key contains a block comprised of the most advanced carbon-fire composite material. It was shipped to the International Space Station as part of a research project in 2019. After returning to Earth it was made into a QR code that links it 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 five images was shot by photographer Fabian Oefner and contains over 600 million pixels.

Oefner used a balloon with a camera, which took each of the individual shots, which were then merged into the final image. The result is an image that is out of this world. It captures the beauty of Earth and the futuristic, hyperrealistic view of a car rising away 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

With the slogan 'to the moon', luxury automobile manufacturer lamborghini key replacement has entered the realm of non-fungible tokens (NFT) with a mesmerizing project in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material that traveled to the International Space Station in 2019 for research purposes. The physical sample has been cut into five distinct items that each link to exclusive, digital artworks by an unknown artist using the QR code printed on their backs.

The auctions, which take place between February 1 and February 4, will last for 75 hours and 50 minutes, the same amount of time it took for Apollo 11 to leave Earth and enter lunar orbit. By registering online, you can bid on five NFTs. Each NFT will be sold separately and the winner will get an artwork created by renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its flight in outer space.

In the next few weeks, we'll reveal all the details about the Space Key as well as the digital artworks accompanying it. This includes the identity of the elusive creator and the best way to purchase these amazing creations. Follow Lamborghini on Instagram for all of the information you need!

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