(Image: https://www.thekeylab.co.uk/wp-content/uploads/sb-instagram-feed-images/310762719_174097598533869_2015889089625884380_nlow.jpg)Lamborghini Enters the Non-Fungible Token (NFT) Craze
Lamborghini is stepping into the world of non-fungible tokens with an idea that is so far off this world that it's difficult to believe. They have teamed up with an yet-unknown artist to create a physical object called the Space Key - that is connected to digital artwork through the QR code.
This collaboration is a sign that the most affluent car buyers are still spending money, even in the face of global financial uncertainty. Lamborghini's new hybrid model Revuelto is a proof.
It's not a finite token
The non-fungible token (NFT) trend has taken over the gaming world, but now even top automakers are embracing the fun. The luxury car maker Lamborghini has unveiled its first NFT project - a collection of five space-themed digital artworks connected to a physical object known as the Space Key. The tokens are based on a piece of advanced carbon fiber composite material that was shipped to the International Space Station in 2019 for a joint research project.
NFTs are unique digital identifiers that are recorded in a distributed database referred to as Blockchain. They can be tied to any digital asset such as music or images. They are unique, allowing owners to prove the authenticity and rarity of their assets. They can also be programmed and trackable on the internet. This is why Lamborghini decided to work with white-label NFT specialist NFT PRO for its new project.
In addition to the art inspired by space, Lamborghini is offering five Space Keys that will be auctioned off. The NFTs will be placed alongside tangible objects that have been sent in space, which could increase their value as the craze for NFTs continues to grow. Nike, Samsung and Reddit are already working with NFTs. Twitter has recently added the capability for users to display their favorite NFTs in their profile pictures with hexa-shaped frames.
The Space Time Memory NFTs will be sold via an auction on the internet. For now, the price of each NFT is somewhat elusive. The company has said it will provide more details in the coming days and weeks, including the name of the artist and his identity behind the Space Key, digital artwork and the auction house.
It's a work of art
Lamborghini is merging its love for art and space-age technology to create a non-fungible token (NFT) collection that's completely out of the norm. Lamborghini has joined forces with Swiss artist Fabian Oefner in order to create a collection of digital art pieces that connect to physical objects, dubbed ”Space Key”. Each NFT contains over 600 million pixels. And as you zoom, hidden details are revealed, including the firing sequence of the V12 engines or different milling patterns of the transmission cog wheels.
The physical component of the Space Key is a piece made of carbon fiber composite. It was sent to International Space Station in 2019 to conduct research. It's cut into five physical objects referred to as ”space keys” and is connected to the digital art work via a QR code on the back. The digital artwork is created by renowned artist Fabian Oefner and shows a lamborghini huracan car key Ultimae hovering above a photograph of Earth.
The first auction of art that is space-themed will be held during the Lunar New Year on the 1st of February. It will last 75 hours and 50 mins that's the same time it took to see Apollo 11 leave Earth and begin its journey to orbit. The details of the artwork and the auction will be revealed over the next few weeks. As for the artwork itself, it consists of an image of the Aventador that was built from a variety of photographs.
It's a carbon fiber 3D-printed
Lamborghini has long been using 3D printing in their vehicles and now they're taking it one step further by launching of their latest NFT project. This is the company's first time using the technology in the non-fungible token (NFT). The NFTs are built on carbon fiber from space and are accompanied by an exclusive QR code that identifies an exclusive digital artwork. These NFTs are limited to 5 and will be sold at auction.
The new NFTs will be built upon a piece of carbon fiber composite material that was shipped to the International Space Station in 2019 as part of an experiment. After passing all the relevant tests, the carbon fiber returned to Earth and became a major element of the Space Key NFT project. The carbon fiber QR codes on the back of each space key lamborghini Key will connect it to a piece of digital artwork made by an unknown artist.
NFTs is a brand new virtual currency that utilizes blockchain technology to track assets and verify ownership online. They offer many advantages such as availability, programability, and an identifier unique to each. This makes them an excellent solution for the sale or purchase of valuable items such as art or automobiles.
The company has only released a few details about the NFTs and is keeping things a mystery to create excitement and buzz among its fans. Lamborghini's brand is already synonymous with extravagance, so the new NFTs are bound to draw attention and raise prices. Despite the price, Lamborghini offers an excellent warranty on its vehicles. The Huracan is a prime example. It is backed by three-year coverage with unlimited miles for powertrain and vehicle bumper-to-bumper warranty.
It's limited edition
lamborghini sian key has adopted a unique method of bringing luxury to the skies by introducing a new non-fungible token (NFT) called the Space Key. It was created by a yet to be identified artist and is limited to five pieces. Each space key has the QR code, which opens a digital artwork created by an unknown artist. The artwork is a collection of five images depicting an Aventador Ultimae bursting into the sky against the backdrop of Earth's horizon.
The ”Space Key” is the physical part of the NFT. It is made of carbon fiber pieces that Lamborghini has delivered to the International Space Station in 2019 as part of a program for research. Each piece comes with an QR code imprinted on it, which links to a unique digital artwork. It is a non-fungible token, that can't be duplicated or sold.
NFTs are cryptographic assets that are stored in a distributed database. This allows them to be verified and secured over the internet. They can be used for a variety of reasons, from proving ownership of an item to monitoring assets. They can be used to create collectibles and games.
The first Lamborghini Space Key Auction will be held on February 1 and will last for 75 hours and fifty minutes, which is the exact length of time Apollo 11 took to leave Earth and enter the moon's orbit. The auction will take place on NFT PRO, an online platform for selling and buying NFTs.(Image: https://www.thekeylab.co.uk/wp-content/uploads/sb-instagram-feed-images/311170119_2306394586188303_2849487588620745484_nlow.jpg)
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