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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. The project is dubbed Space Key and developed in collaboration with an undisclosed artist It is made up of an advanced carbon fiber composite material, which was sent to the International Space Station for research purposes. The product was developed in collaboration with NFT PRO™ Italian supercar maker Lamborghini is diving its toes into the world of non-fungible tokens (NFTs). lamborghini smart key , dubbed the Space Key, is a piece created by a lone 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 in the coming weeks. The Space Key is made of carbon composite material that Lamborghini as part of a research project in the year 2019 and sent to the International Space Station. The carbon fiber was created into a distinctive artwork after it returned to Earth. The physical object is engraved with an NFT serial number, which is tied to the digital artwork using QR codes on the back. For those who aren't in the know, NFTs are distinct identifiers recorded on a distributed blockchain ledger. They are linked to a digital asset, such as a picture, video or music. This allows owners to ensure the authenticity, scarcity and the traceability of their tokens on the internet. Working with NFT PRO, a white-label NFT solution for companies, Lamborghini is taking this unique approach to art to the next level. Over the next few weeks, the company will be sharing details about this exciting project, including the name of the unknown artist and a timeline for the auction. The physical element of the Space Key After multiple social media posts teasing something that was space-related, the Italian supercar manufacturer Lamborghini entered the world non-fungible (NFT) tokens with an exclusive project dubbed Space Key. The NFT was developed in collaboration with a mysterious artist and will be auctioned in just a few weeks. Its base is made of the most advanced carbon fiber composite material, which was delivered to the International Space Station in 2019 as part of a study. The carbon fiber was 3D printed to form the basis of each Space Key, which is connected to an exclusive, digital artwork via a QR code on the back of the key. Only five Space Keys were produced. NFTs are unique identifiers that are recorded on distributed ledgers, such as the Blockchain and linked to a digital asset like 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 using a physical piece of the carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will be equipped with an QR code that will link it to an exclusive digital art piece by the same artist. In the coming weeks and days, more information will be revealed including the name and digital artwork of the artist, as well as how to purchase one of the five Space Keys. The digital artwork After weeks of social media posts hinting at it, the luxury car maker Lamborghini finally announced its first project for tokens that are non-fungible (NFT). The project is dubbed the Space Key, it consists of five items that unlock a unique digital artwork NFT created by an unidentified artist. The collectors' piece was developed in collaboration with NFTPRO™ and is limited to just five units. It is scheduled to be auctioned in the near future. Each Space Key contains a block composed of a carbon-fire composite material, which was sent to the International Space Station as part of a research project for 2019. After returning to Earth, it was made into a QR code that links 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. Each of the five images was taken by photographer Fabian Oefner and contains over 600 million pixels. Oefner employed an inflatable camera that had an lens to take individual images, which were then combined into the final photo. The result is an out of this world photograph that captures both the beauty of the Earth and the futuristic, hyper-realistic look of the car rising away from it. The Space Keys will be auctioned off in the near future, however the exact date and location of the auction hasn't been revealed yet. The auction With the slogan 'to the moon', luxury automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a captivating project developed in collaboration with NFT PRO™. The Space Key is an NFT which is composed of carbon fiber that was actually shipped to the International Space Station for research purposes in the year 2019. The actual sample has been shaped into five unique items that each link to exclusive and purely digital artworks created by an unidentified artist through the QR code that is on their backs. The auctions are scheduled to take place from February 1 to February 4. They 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 auctioned off separately and the winner will be awarded an original digital artwork created by world-renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its journey through space. The full details regarding the Space Key and its accompanying digital artworks will be revealed over the next weeks including the identity of the unidentified artist as well as information on how to get these incredible creations. Keep an eye on Lamborghini's Instagram for all the information you need!