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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)Following a string of social media posts that hint at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. The project is dubbed Space Key and created 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.In collaboration with NFT PRO(tm)Lamborghini, the Italian supercar maker has taken the first step into the world of non-fungible tokens (NFTs). lamborghini key blank – named the Space Key – is a work of art that was created in collaboration with an artist who is not known. The NFT is a unique piece of digital art that can be accessible via an QR code. The project is limited and will be auctioned off within the coming weeks.The Space Key is made from carbon fiber composite material which Lamborghini shipped to the International Space Station in 2019 as part of an experiment. After returning to earth, the carbon fiber was then sculpted into this distinctive artwork. The physical piece is imprinted with an NFT serial number that is linked to the digital artwork using an QR code on the back.For those who do not know, NFTs are unique identifiers that are recorded on a distributed blockchain ledger. They are linked to a digital asset such as a photograph, video, music or other record. This allows owners to guarantee authenticity, scarcity, and trackability of tokens via the internet.Lamborghini is taking this unique approach to art by working with NFT PRO – an all-white label NFT solution for businesses. In the coming weeks Lamborghini will be sharing details about this exciting project, including the name of the unknown artist, as well as the timeline for the auction.The physical aspect of the Space KeyFollowing a string 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 an exclusive project dubbed Space Key. The NFT was created in collaboration with an unknown artist and will be auctioned off within a couple of weeks. Its core is composed of a high-tech carbon fibre composite material, which was shipped to the International Space Station in 2019 as part a research project. Carbon fiber was 3D printed to form the base of every Space Key. Each Space Key is connected to a unique, digital image via a QR code. Just five Space Keys have been produced.NFTs are unique IDs that can be logged in distributed ledgers like the Blockchain, and connected to digital assets like images. It’s a hot topic with people with more money than common sense. It was just an issue of time before automakers decided to cash in.Space Key consists of five units. The components were built using a real piece of carbon fiber composite that was sent to the ISS in the year 2019. Each NFT will be linked to an exclusive digital artwork created by the same artist using a QR code printed on the back of the carbon fiber piece. More details will be revealed in the coming days and weeks, including the artist’s name, the digital artwork and how to buy one of the five Space Keys.The digital artworkAfter weeks of social-media posts hinting at it, the luxury car maker Lamborghini finally announced its first initiative for non-fungible tokens (NFT). It’s dubbed the Space Key, it consists of five physical items that unlock an exclusive digital artwork NFT created by a yet-to-be-identified artist. The collectors’ item was developed in collaboration with NFTPRO(tm) and is limited to only five units. It will be auctioned off soon.The heart of every Space Key is a block made of a high-tech carbon fire composite material. It was sent to the International Space Station in 2019 as part of a research project. After returning to Earth the Space Key was engraved with a QR code, which connects it to the digital element of the Space Key.Each of the five Space Keys will feature a distinct moment that happens seconds apart as the Lamborghini Ultimae lifts off toward the stars. Each of the five images was filmed by photographer Fabian Oefner and contains over 600 million pixels.Oefner utilized an inflatable camera that had a lens to capture the individual images, which were then combined into the final photo. 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 hasn’t been set yet.The auctionWith the slogan “to the moon’, luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a captivating project in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material, which was sent to the International Space Station in 2019 to conduct research. The actual sample has been shaped into five unique items that each link to exclusive and digital artworks created by an unidentified artist through the QR code on their backs.The auctions, which will occur between February 1 and February 4, will last for 75 hours and 50 minutes – the same amount of time it took Apollo 11 to leave Earth and enter lunar orbit. The five NFTs can be bid on by creating an account online. Each NFT will be sold individually and the winner will be awarded an original digital art work by the renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its space voyage.Full details about the Space Key and its accompanying digital artworks will be announced 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 info you need!