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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini is entering the world of non fungible tokens with an idea so far from this planet that it's hard to believe. They have partnered up with an unidentified artist to create the Space Key, a physical item that is connected to digital artwork via QR code. This partnership is a proof that the wealthy car buyers are still spending money even in the midst of global financial uncertainty. Lamborghini's new hybrid model Revuelto is proof. It's a non-fungible token The non-fungible token (NFT) craze has swept the world of gaming, but now, even luxury automakers are joining the fun. Luxury car manufacturer Lamborghini has unveiled its first NFT project – a set of five digital artworks with a space theme that are connected to a physical object dubbed the Space Key. The tokens were made out of a carbon fiber composite that was sent to International Space Station for a joint project in the year 2019. NFTs are unique digital identifiers that are recorded on a distributed database known as Blockchain. They can be tied to any digital object such as music or images. They are one-of-a-kind, allowing their owners to ensure asset authenticity and scarcity. They can also be monitored and programmed through the internet. This is the reason why Lamborghini chose to partner with white-label NFT specialist NFT PRO for its new project. In addition to the space-themed artwork, Lamborghini is offering five Space Keys that will be sold via an auction. The NFTs will be joined by tangible objects that have been transported taken to space, which may increase their value over time as the craze for NFTs continues to increase. Nike, Samsung and Reddit are already working with NFTs. Twitter has recently added the capability to display their favourite NFTs on their profile photos by using hexa shaped frames. The Space Time Memory NFTs will be sold via an auction on the internet. As of now the cost of each NFT is still unconfirmed. The brand has promised that it will reveal 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 combining its love of art and space-age technology to create a non-fungible token (NFT) collection that's beyond. Lamborghini has teamed up with Swiss artist Fabian Oefner in order to create a collection of digital art pieces that are linked to physical items, called “Space Key”. Each NFT contains over 600 million pixels and as you zoom, hidden details are revealed, like the firing sequence of the V12 engines or the various milling patterns of the cog wheels used in transmissions. The physical component of the Space Key is a piece of carbon fiber composite that was sent to International Space Station in 2019 for research purposes. The Space Key is cut into five physical items called “space key” and is linked to the digital art by a QR-code on the back. The digital art is the work of renowned artist Fabian Oefner, and it depicts the Lamborghini Ultimae floating above a photograph of Earth. The Keylab to auction artwork that is themed to space will take place 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 enter orbit. The details about the artwork as well as the auction will be released in the coming weeks. For the artwork itself it's an unexploded view of the Aventador that was built using thousands of photos. It's a 3D-printed carbon fibre Lamborghini uses 3D printing for their cars and now they're taking it one step further and launching their latest NFT. This is the first time making use of the technology using a non fungible token (NFT). The NFTs come with a QR code linked to a digital work of artwork that is exclusive to the company. They are made of carbon fiber from space. These NFTs are limited to five and will be sold at auction. The new NFTs will be constructed from an advanced carbon fiber composite material that was shipped to the International Space Station in 2019 as part of an ongoing research project. After having passed all tests, the carbon fiber was returned to Earth as a crucial component in the Space Key NFT Project. The carbon fiber QR codes that are on the back of each Space Key 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 have numerous advantages, including scarcity, programmability and a unique identifier. This makes them an ideal solution for selling and purchase of expensive items such as art or cars. The company has released only a little details about the NFTs and is keeping things mysterious to create excitement and buzz among fans. Lamborghini's name is already synonymous with luxury, so the new NFTs are sure to attract attention and increase prices. Despite the price, Lamborghini offers an excellent warranty on its vehicles. The Huracan is covered by a warranty of three years with unlimited mileage for the powertrain. It's a limited edition Lamborghini's unique style of luxury has been elevated to the skies with the creation of a new, non-fungible currency known as the Space Key. It was created in collaboration with an unknown artist and is limited only to five pieces. Each space key features the QR code which unlocks an exclusive digital artwork 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 a background of the Earth's horizon. The physical part of the NFT”Space Key,” the “Space Key,” is composed of carbon fiber pieces Lamborghini delivered to the International Space Station as part of a research project in 2019. Each piece has an QR code embedded on it that connects to a unique digital artwork. It's a non-transferable token which cannot be duplicated or sold to another. NFTs are cryptographic asset that is logged on an open ledger. This allows them to be secured and authenticated through the internet. They can be used for many purposes, ranging 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 take place on February 1 and run for a total of 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 take place on NFT PRO which is a platform for buying and trading NFTs.