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

310300814_438157535072560_441431797686435441_nlow.jpgFollowing a series of social media posts that hinted at it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. Dubbed Space Key and created in collaboration with an undisclosed artist, it is made up of an advanced carbon fiber composite material that was shipped to the International Space Station for research purposes.

Developed in collaboration with NFT PRO(tm)

Italian supercar maker lamborghini keys is dipping its toes into the world of non-fungible tokens (NFTs). The new project, called the Space Key, is a work of art created in collaboration with an unknown artist. The one-of-a-kind NFT is a tangible item which connects to a unique digital artwork, accessible via a QR code on the back. The project is limited and will be auctioned off over the next few weeks.

The Space Key is made of carbon composite material that Lamborghini as part of a research project in 2019 was sent to the International Space Station. The carbon fiber was then created into a distinctive artwork when it returned to Earth. The physical component includes an NFT serial code that connects to the digital art work via a QR code located on the back.

NFTs for those who are not familiar they are unique identifiers that are stored on a distributed ledger of the blockchain and connected to a digital asset like a photograph video, song, or any other type of record. This enables owners to guarantee the authenticity, scarcity and the trackability of their tokens through the internet.

lamborghini digital key takes this unique approach to art a step further by working with NFT PRO - an white label NFT solution for business. Over the next few weeks, Lamborghini will be sharing details about the exciting project including the name of the unidentified artist as well as a timeline for the auction.

The physical component of Space Key

After numerous social media posts, each one revealing something space-related, the Italian supercar maker Lamborghini launched its non-fungible (NFT) tokens with an exclusive initiative dubbed Space petron key to lamborghini (www.mapleprimes.com wrote). The NFT was developed in collaboration with a mysterious artist and will go on auction within a few weeks. Its base is comprised of an advanced carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a study. Carbon fiber was 3D-printed for the base of every Space Key. Each Space Key is linked to an exclusive, digital artwork using QR codes. Just five Space Keys have been produced.

NFTs are unique identification numbers that can be recorded on distributed ledgers such as the Blockchain and linked to digital assets such as pictures. They're the latest trend for 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 is made up of five units. It was created with a carbon fiber composite that was delivered to the ISS back in the year 2019. Each NFT will be equipped with a QR code which links it to an exclusive digital art work 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 months of social media posts that hinted at it, luxury automobile manufacturer Lamborghini has finally announced its first non-fungible token (NFT) project. The Space Key is a collection of five items that unlocks an exclusive digital artwork by a 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 soon.

Each Space Key contains a block made of advanced carbon-fire composite material. It was sent to the International Space Station as part of a 2019 research program. After returning to Earth, it was made into the QR code which links it to the digital element of 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. Over 600 million pixels make up each of the five images which were shot by photographer Fabian Oefner.

Oefner used an inflatable camera fitted with a lens to capture individual images, which were then assembled into the final photograph. The result is a picture that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic view of a car rising from the Earth. The Space Keys are going to be auctioned in the near future, however there isn't a specific date or time yet.

The auction

Lamborghini the automaker with the most luxurious design has entered the world of non-fungible tokens (NFTs) with the slogan "to the moon". The project was developed in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material that traveled to the International Space Station in 2019 to conduct research. The actual sample has been reshaped into five unique objects that connect to exclusive digital artworks by an unidentified artist through the QR code on their backs.

The auctions are scheduled to take place from February 1 through February 4. They will last for 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 bid on by creating an account online. Each will be sold in a separate auction and the winner will be awarded a digital image designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its journey through space.

In the coming weeks, we'll reveal all the details regarding the Space Key as well as the digital artworks that accompany it. This includes the identity of the mysterious creator as well as the method of purchasing these incredible artworks. Follow lamborghini key for sale on Instagram for all the details you require!

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