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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini has entered the world of non-fungible tokens (NFTs) with a concept that is literally out of the realm. They have teamed up with an yet unidentified artist to create a tangible object called the Space Key – that is connected to digital artwork using a QR code. This collaboration proves that wealthy car owners continue to spend money, despite global financial uncertainty. Lamborghini’s new hybrid model Revuelto is a proof. It's a non-fungible token The non-fungible token (NFT) craze has swept the world of gaming, but now even top automakers are embracing the fun. Lamborghini is a high-end automobile manufacturer, has unveiled its first NFT project comprising five digital artworks centered around space, which are connected to a physical object called the Space Key. The tokens are based on an advanced carbon fiber composite material that was shipped to the International Space Station in 2019 for a joint research project. NFTs are unique identifiers stored on a distributed ledger, known as Blockchain and linked to digital assets, like music or images. They are unique, which allows their owners to ensure asset authenticity and scarcity. They can also be tracked and programmed through the internet. Lamborghini chose NFT PRO which is a white-label NFT specialist to develop its latest project. In addition to the art inspired by space, Lamborghini is offering five Space Keys that will be sold via an auction. The NFTs will be joined by tangible objects that have been sent in space, which could increase their value as the demand for NFTs continues to grow. Nike, Samsung, and Reddit have already teamed up with NFTs and Twitter recently added a method for users to display their favorite NFTs on their profile photo using hexa-shaped frames. The Space Time Memory NFTs are being sold via an auction on the internet and the price of each is a bit of an unknown at the moment. The company has said it will share more information in the coming weeks and days, 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 combining its love of art and technology that is space-age to create a non-fungible token (NFT) collection that's out of this world. Lamborghini has teamed with Swiss artist Fabian Oefner to develop a series of digital artworks which connect to physical objects, called “Space Key.” Each NFT contains more than 600 million pixels and as you zoom in, obscure details like the firing sequence of the V12 engine or the milling patterns on cog wheels for transmissions are exposed. The physical component of the Space Key is a piece made of carbon fiber composite material which was sent to the International Space Station for research purposes in 2019. The Space Key has been fashioned into five physical objects known as “space key” and linked to the digital art by an QR-code on its back. The digital artwork is the creation of the renowned artist Fabian Oefner, and it shows a Lamborghini Ultimae floating above a photo of Earth. The first auction for art inspired by space will take place during the Lunar New Year on the 1st of February. It will run for 75 hours and 50 minutes which is the exact time it took Apollo 11 leave Earth and enter its orbit. The details of the artwork and the auction will be revealed in the coming weeks. The artwork is an exploded view made from thousands of photos of the Aventador. It's a 3D-printed carbon fibre Lamborghini has long used 3D printing in their vehicles and now they're taking it an step further with the introduction of their latest NFT project. This is the first time the company has used the technology together with an intangible token (NFT). The NFTs contain a QR-code that is linked to a digital image of exclusive artwork. They are made from carbon fiber from space. Only five of these NFTs will be produced and they'll be sold in an auction. The new NFTs will be built upon a piece of advanced 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 crucial element of the Space Key NFT project. The carbon fiber QR codes on the back of each Space Key will connect it to a work of digital artwork created by an unidentified artist. NFTs is the newest virtual currency that utilizes blockchain technology to track assets and prove ownership online. They offer many benefits including availability, programability, and an unique identifier. This makes them an ideal solution for the sale of valuable items such as cars and art. The company has released very little information about the NFTs, and is keeping the details a secret to create excitement and buzz among fans. Lamborghini is well-known for its extravagance. The NFTs that are coming will definitely attract attention and increase the price. Despite lamborghini aventador keys TheKeyLab , Lamborghini offers an excellent warranty on its vehicles. The Huracan, for example, is covered for three years with unlimited miles for the powertrain and bumper-to-bumper warranty. It's a limited edition Lamborghini has created a unique way of bringing luxury to the skies with a brand-new non-fungible token (NFT) known as the Space Key. It was created in collaboration with an unidentified artist and is limited to five pieces. Each space key has a QR code that allows you to unlock an exclusive digital artwork NFT made by an unidentified artist. The artwork is a collection of five images that depict an Aventador Ultimae bursting into the sky against the background of the Earth's horizon. The physical part of the NFT, the “Space Key” is made of carbon fiber that Lamborghini delivered to the International Space Station as part of a research project in 2019. Each piece is marked with an QR code that enables an exclusive digital artwork. It is a non-transferable token, and cannot be duplicated or sold. NFTs are cryptographic assets that are stored in an open database. This enables them to be authenticated, secured and programable over the internet. They can be used for many reasons, from proving ownership of an item to keeping track of assets. They can be utilized to create collectibles or games. The first Lamborghini Space Key Auction will begin on February 1 and will last exactly 75 hours and fifty minutes, the same amount of time that Apollo 11 took to leave Earth and enter the orbit of the moon. The auction will take place on NFT PRO, a web-based platform for selling and buying NFTs.