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Lamborghini Enters the World of Non-Fungible Tokens (NFTs) After a number 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 unidentified artist, it is based on a piece of advanced carbon fiber composite material, which was sent to the International Space Station for research purposes. Created in collaboration with NFT PRO™ Italian supercar maker Lamborghini is taking a dive into the world of non-fungible tokens (NFTs). The new project, dubbed the Space Key – is a work of art that was created in collaboration with an artist who is not known. The unique NFT is a tangible object that has a link to exclusive digital artwork accessible through a QR code on the back. 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. After returning to earth, the carbon fiber was then sculpted into this distinctive artwork. The physical piece is embossed with an NFT serial number, which is tied to the digital artwork with an QR code on the back. For those who don't aware, NFTs are unique identifiers that are recorded on a distributed blockchain ledger, and linked to an digital asset such as a video, image or any other recording. This allows owners to ensure authenticity and the scarcity of their tokens over the internet. Lamborghini is taking this unique approach to art to a new level by working with NFT PRO, white label NFT solution for businesses. In the coming weeks Lamborghini will reveal details about the exciting project, including the name of the unknown artist as well as a timeline for the auction. The physical aspect of the Space Key. Space Key After numerous social media posts that teased something space-themed the Italian supercar manufacturer Lamborghini launched its non-fungible (NFT) tokens through an exclusive project named Space Key. The NFT was developed in collaboration with an unknown artist and will be auctioned off in a few short weeks. The core of the NFT is a piece of advanced carbon fiber composite material, which was sent to the International Space Station (ISS) in 2019 as part of an investigation project. The carbon fiber was 3D printed to create the base of each Space Key, which is linked with an exclusive, purely digital artwork using the QR code that is on its backside. Only five Space Keys were produced. NFTs are unique identifications that can be stored in distributed ledgers like the Blockchain, and linked to digital assets like pictures. They're the latest trend for those who have 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 developed using a piece of carbon fiber composite. It was delivered to the ISS back in 2019. Each NFT will be linked with an exclusive digital artwork by the same artist via a QR code on the back of the carbon fiber component. More details will be shared in the coming weeks and days including the artist's name along with the digital artwork and how to purchase one of the five Space Keys. The digital artwork After weeks of social media posts that hinted at it, luxury car maker Lamborghini finally revealed its first project involving non-fungible tokens (NFT). The Space Key is a collection of five physical items that will unlock a special digital art by a yet to be identified artist. The project was developed in collaboration with NFT PRO™, the “collector's work” is limited to five units and will be auctioned off soon. At www.thekeylab.co.uk of each Space Key is a block of carbon fire composite material, which was sent to the International Space Station in 2019 as part of a research program. After returning to Earth, it was made into a QR code, which connects it to the digital component 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. Each of the five images was filmed by photographer Fabian Oefner and contains over 600 million pixels. Oefner used a balloon equipped with a camera that captured each of the individual shots, which were then combined into the final image. The result is an amazing out of the world photograph that captures both the beauty of the Earth and the futuristic, hyper-realistic view of the car erupting from it. The Space Keys will be auctioned off in the near future, however the exact date and time of the auction haven't yet been confirmed yet. The auction With the tagline 'to the moon', luxury automobile maker Lamborghini has entered the realm of non-fungible tokens (NFT) with a fascinating project developed in collaboration with NFT PRO™. The Space Key is essentially an NFT that contains carbon fiber composite material which actually was sent to the International Space Station in 2019 for research purposes. The physical sample was then shaped into five unique pieces that connect to exclusive digital artworks designed only by an artist who has yet to be revealed via the QR code. The auctions, which will take place between February 1 through February 4, will last for 75 hours and 50 minutes – the same time it took Apollo 11 to leave Earth and enter the lunar orbit. The five NFTs are available for bidding by making an online registration. Each one will be sold by itself and the winner will be awarded an original digital art work designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its journey through space. In the next few weeks, we'll be revealing all the details regarding the Space Key as well as the digital artworks that go with it. This includes the identity of the unknown creator, as well as how to purchase these amazing artworks. Follow Lamborghini on Instagram for all the information you need!