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Lamborghini Enters the World of Non-Fungible Tokens (NFTs) Following a series of social media posts suggesting it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. The project is dubbed Space Key and created in collaboration with an undisclosed artist, it is inspired by a piece advanced carbon fiber composite material that was delivered to the International Space Station for research purposes. In collaboration with NFT PRO™ Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The latest project – dubbed the Space Key – is a work of art that was that was created in collaboration with an unidentified artist. The NFT is a unique piece of digital art that is accessible via a QR code. The project is limited to five pieces and will be auctioned 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 a research project. The carbon fiber was then created into a distinctive artwork when it returned to Earth. lamborghini aventador key The Keylab has an NFT serial number that is linked to the digital artwork via QR code located on the back. For those who aren't in the know, NFTs are distinct identifiers stored on a blockchain ledger. They are linked to a digital asset, such as a video, image, music or other record. This allows owners to ensure the authenticity, scarcity and tracking of their tokens across the internet. Lamborghini takes this unique approach to art by working with NFT PRO – an all-white label NFT solution for businesses. In the coming weeks, Lamborghini will reveal information about this exciting project. This includes the name of the artists unknown to them as well as a timeline for auction. The physical component of Space Key In the wake of numerous social media posts teasing something that was space-related, Italian supercar maker Lamborghini has entered the world of non-fungible tokens (NFT) by launching an exclusive project dubbed Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned off in just a few weeks. The core of the NFT is a piece made of carbon fiber composite material, which was sent to the International Space Station (ISS) in 2019 as part a research project. The carbon fiber was 3D printed to create the base of each Space Key, which is connected to an exclusive, entirely digital artwork through the QR code that is on the back of the key. Only five Space Keys were produced. NFTs are unique identifiers that can be stored on distributed ledgers like the Blockchain and linked to digital assets like pictures. They're the latest trend among those with more money than sense So it was only a matter time before an automaker decided to cash in on the trend. Space Key is made up of five parts. It was made by using a carbon fiber composite that was delivered to the ISS in the year 2019. Each NFT will be equipped with an QR code that connects it to a unique digital artwork created by the same artist. In the coming weeks and days, more details 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 initiative for tokens that are non-fungible (NFT). It's dubbed the Space Key, it consists of five physical items that unlock an exclusive digital artwork NFT created by an unidentified artist. It was created in collaboration with NFT PRO™ the “collector's work” is limited to only five units and will be auctioned off shortly. Each Space Key contains a block composed of a carbon-fire composite material. It was sent to the International Space Station as part of a research project for 2019. After returning to Earth the block was inscribed with a QR code that links to the digital element of the Space Key. Each of the five Space Keys features a different moment that occurs at different times as the Lamborghini Ultimae takes off towards the stars. Over 600 million pixels up each of the five images which were taken by photographer Fabian Oefner. Oefner utilized a balloon with a camera to take each of the individual images, which were then merged into the final image. The result is a photograph that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic look of a car rising away from the Earth. The Space Keys will be auctioned off soon, but the exact date and time of the event haven't been confirmed yet. The auction With the slogan “to the moon', the prestigious automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a mesmerizing project created in collaboration with NFT PRO™. The Space Key Space Key is an NFT that is made up of composite carbon fiber that was actually transported to the International Space Station for research purposes in 2019. The actual sample was shaped into five unique pieces that connect to exclusive digital artworks created by an artist that is not yet revealed via the QR code. The auctions, which occur between February 1 and February 4, will last for 75 hours and 50 minutes, the same time it took for Apollo 11 to leave Earth and enter lunar orbit. By making an online registration, you can bid on five NFTs. Each NFT will be sold individually and the winner will get a digital artwork by renowned photographer Fabian Oefner that captures five different moments that the Space Key experienced during its space voyage. More details about 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 the best way to get these incredible creations. Keep an eye on Lamborghini's Instagram for all the info you need!