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Lamborghini Enters the World of Non-Fungible Tokens (NFTs) After a string of social media posts suggesting it, Italian supercar maker Lamborghini finally announced its NFT (non fungible token) Project. It's called Space Key and developed in collaboration with an unidentified artist and made up of an advanced carbon fiber composite material that was shipped to the International Space Station for research purposes. The product was developed in collaboration with NFT PRO™. Lamborghini, the Italian supercar maker is taking the first step into non-fungible tokens (NFTs). The latest project – dubbed the Space Key – is a piece of art made by a collaboration with an artist who is not known. The one-of-a-kind NFT is a tangible item that has a link to exclusive digital artwork that is accessible via a QR code that is located on the back. The project is limited to five pieces and will be auctioned in the coming weeks. The Space Key is made from carbon fiber composite material that Lamborghini smuggled to the International Space Station in 2019 as part of a research project. The carbon fiber was then transformed into an original artwork when it returned to Earth. The physical component has an NFT serial code that ties to the digital image via QR code located 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 photo, video or any other recording. This allows owners to verify the authenticity, scarcity and trackability of their tokens over the internet. Working with NFT PRO White-label NFT solution for businesses, Lamborghini is taking this unique approach to art to a new level. In the coming weeks, Lamborghini will release details about this exciting project, including the name of the unidentified artist, as well as the timeline for the auction. The physical component of Space Key In the wake of numerous social media posts teasing some kind of space-themed item, Italian supercar maker Lamborghini has stepped into the realm of non-fungible tokens (NFT) by launching an exclusive project called Space Key. The NFT was developed in collaboration with an unknown artist and will go on auction in a few short weeks. Its base is comprised of an advanced carbon fibre composite material, which was delivered to the International Space Station in 2019 as part of a research project. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is connected to a unique, digital artwork by way of the QR code. Only five Space Keys were produced. lamborghini svj key are unique IDs that can be logged in distributed ledgers like the Blockchain and linked to a digital asset like images. It's a hot topic with people who have more money than common sense. It was just a question of time before automakers decided to take advantage of. Space Key is made up of five parts. It was designed by using a carbon fiber composite. It was delivered to the ISS back in the year 2019. Each NFT is linked to an exclusive digital artwork created by the same artist through a QR code on the backside of the carbon fiber piece. More details will be released in the coming days and weeks, including the name of the artist, the digital artwork and how to buy one of the five Space Keys. The digital artwork After weeks of social media posts hinting it, luxury car maker Lamborghini finally announced its first project involving tokens that are non-fungible (NFT). The Space Key is a collection of five physical objects that unlocks an exclusive digital artwork by the yet to be identified artist. Created in collaboration with NFT PRO™ the collector's piece is limited to just five units and will be auctioned off soon. At the heart of each Space Key is a block made of the most advanced carbon fire composite material, which 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 the QR code which links it to the digital component of the Space Key. Each of the five Space Keys will feature a distinct moment that occurs only seconds apart as the Lamborghini Ultimae lifts off toward the stars. More than 600 million pixels make each of the five images, that were taken by photographer Fabian Oefner. Oefner utilized a balloon with a camera to take each of the individual images, which were later merged into the final image. The result is an out of this world image that reveals the beauty of the Earth as well as the futuristic, hyper-realistic picture 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 event hasn't been confirmed yet. The auction With the slogan “to the moon', the prestigious automobile maker Lamborghini has entered the world of non-fungible tokens (NFT) with a captivating project in collaboration with NFT PRO™. The Space Key is essentially an NFT made of carbon fiber composite material that actually traveled to the International Space Station in 2019 for research purposes. The actual sample has been cut into five distinct items that each link to exclusive digital artworks by an unknown artist using the QR code that is on their backs. The auctions, which will take place between February 1 until February 4, last for 75 hours and 50 minutes – the same amount of time it took for Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs can be bid on by creating an account online. Each one will be sold individually and the winner will be awarded a digital artwork designed by renowned photographer Fabian Oefner, which captures the five different times the Space Key passed during its flight in space. In the coming weeks, we'll unveil all the details of the Space Key as well as the digital artworks that go with it. This includes the identity of the unidentified creator, as well as how to purchase these amazing artworks. Follow Lamborghini on Instagram for all of the details you require!