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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini has entered the realm of non-fungible tokens (NFTs) with a concept that is completely out of this world. They have partnered up with an unknown artist to create the Space Key, a physical object that can be connected to digital art through a QR code. This collaboration is proof that wealthy car owners continue to spend money regardless of the global financial crisis. The quick sales of Lamborghini's brand new hybrid model, the Revuelto is a an example of this. It's not a finite token The non-fungible token (NFT) trend has swept the world of gaming, but now, even luxury automakers are embracing the fun. The luxury car maker Lamborghini has revealed its first NFT project – a collection of five digital artifacts that are space-themed that are connected to a physical object known as the Space Key. The tokens are made from an advanced carbon fiber composite material that was shipped to the International Space Station in 2019 as part of a joint research program. NFTs are unique identifiers recorded on a distributed ledger referred to as Blockchain and linked to a digital asset, like music or images. They are unique, which allows owners to guarantee the authenticity and security of their assets. They can also be programmed and trackable online. Lamborghini chose NFT PRO as a white-label NFT specialist to develop its latest project. In addition to the artwork that is space-themed, Lamborghini is offering five Space Keys that will be auctioned off. The NFTs will be coupled with tangible objects that have been exposed to space, which will increase their value as the craze for NFTs continues to increase. Nike, Samsung and Reddit are already working with NFTs. Twitter has recently added the ability for users to display their favorite NFTs on their profile photos by using hexa shaped frames. The Space Time Memory NFTs will be offered via an auction on the internet. At present, the price of each NFT is still a bit hazy. The company has stated that it will share more information in the coming weeks and days, including the name and artist behind the Space Key, digital artwork and the auction house. It's a work of art Lamborghini is mixing its love of art and technology of the future to create a non-fungible token (NFT) collection that's completely out of the norm. Lamborghini has teamed up with Swiss artist Fabian Oefner in order to create a collection of digital art works that link to physical objects, known as “Space Key”. Each NFT is comprised of over 600 million pixels and when you zoom in, hidden details are revealed, such as the firing sequence of the V12 engines or the different milling patterns of cog wheels for transmissions. The physical component of the Space Key is a piece made of carbon fiber composite. It was sent to International Space Station in 2019 for research purposes. The Space Key is formed into five physical items called “space key” and linked to the digital art by a QR-code on the back. The digital artwork is by the renowned artist Fabian Oefner and shows a Lamborghini Ultimae hovering above a photo of Earth. The first auction of the artwork with a space theme will take place on February 1st. This is the start of the Lunar New Year, and it will last for 75 hours and 50 minutes – which is the same amount of time it took for Apollo 11 to leave Earth and enter the moon's orbit. Details on the auction and the artwork will be revealed in the coming weeks. In terms of the artwork it is comprised of an image of the Aventador which was constructed out of thousands of photographs. It's a carbon fiber that has been 3D printed. Lamborghini uses 3D printing for their vehicles, and now they're going one step further and launching their latest NFT. This is the first time that Lamborghini has utilized the technology together with the non-fungible token (NFT). The NFTs contain a QR-code that is linked to a digital image of exclusive artwork. They are made from carbon fiber sourced from space. These NFTs are limited to five and will be auctioned off. The new NFTs will be built upon a piece of carbon fiber composite material that was sent to the International Space Station in 2019 as part of an experiment. After passing all tests, the carbon fiber was returned to Earth as a major component in the Space Key NFT Project. Each of the five Space Keys will be linked to a digital artwork created by a lone artist through the carbon fiber QR code found on their back. NFTs is a revolutionary virtual currency that uses the blockchain technology to track assets and prove ownership on the internet. They offer many advantages such as the ability to program, a limited supply, and an individual identifier. This makes them a fantastic solution for the sale and purchase of expensive items like art or cars. The company has only released a few information about the NFTs and is keeping the details a secret to create excitement and buzz among fans. Lamborghini's brand is already associated with luxury, so the new NFTs are certain to draw attention and raise prices. Despite the high price, Lamborghini offers an excellent warranty on its vehicles. The Huracan is covered by a 3-year warranty with unlimited mileage for the powertrain. It's limited edition Lamborghini's unique method of luxury has been taken to the skies with an innovative non-fungible token called the Space Key. It was created in collaboration with an unidentified artist and is limited to five pieces. Each space key is adorned with an QR code that opens an exclusive digital artwork NFT created by the artist who is not known. The artwork is a set of five photos that show an Aventador Ultimae bursting into the sky against the backdrop of the horizon of Earth. The Keylab of the NFT, the “Space Key” is constructed of carbon fiber pieces that Lamborghini sent to the International Space Station as part of a research project that began in 2019. Each piece has a QR code inscribed on it which connects to a digital illustration of the original. It is a non-fungible token, which cannot be duplicated or sold. NFTs are cryptographic asset that is stored on an open ledger. This allows them to be authenticated, secure and programable over the internet. They are utilized for a variety reasons, ranging from authenticating ownership of a particular object to tracking the movement of assets. They can be used to create collectibles as well as games. The first Lamborghini Space Key auction will be held on February 1 and last for exactly 75 hours and 50 minutes, which is the same time it took for Apollo 11 to leave Earth and enter the moon's orbit. The auction will be held on NFT PRO an online platform for purchasing and trading NFTs.