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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini has entered the realm of non-fungible tokens (NFTs) with a plan that is literally out of the realm. They have teamed up with a unknown artist to create a tangible object – called the Space Key – that is connected to digital artwork using an QR code. This partnership is a proof that the most affluent car buyers are still spending money regardless of global financial uncertainty. Lamborghini’s new hybrid model Revuelto is proof. It's not a finite token The non-fungible token (NFT) craze is sweeping the gaming industry but even premium car makers are getting in on the action. Lamborghini is a high-end automobile manufacturer, has unveiled its first NFT project: a collection of five digital artworks that are themed around space, which are connected to a physical item called the Space Key. The tokens are made from an advanced carbon fiber composite material that was sent to the International Space Station in 2019 as part of a joint research project. NFTs are unique identifiers that are recorded on a distributed ledger called Blockchain and tied to digital assets like music or pictures. They are one-of-a-kind, allowing their owners to ensure authenticity of the asset and to ensure its scarcity. They can be tracked and controlled through the internet. This is the reason why Lamborghini decided to work with white-label NFT specialist NFT PRO for its latest project. In addition to the art inspired by space, Lamborghini is offering five Space Keys that will be auctioned off. The NFTs are coupled with tangible items that have been found in space, which will boost their worth as the popularity of NFTs continues to grow. key lamborghini urus , Samsung, and Reddit have already teamed up with NFTs, and Twitter recently added a feature for users to show off their top NFTs on their profile photos using Hexa-shaped frames. The Space Time Memory NFTs will be sold via an auction on the internet. At present the cost of each NFT remains a bit mysterious. The brand promises to reveal more information in the coming weeks and days including the name of the artist who created the Space Key and digital artwork as well as the auction house and the date and time of the auction. It's an art piece Lamborghini is merging its love for art and technology that is space-age to create a non-fungible token (NFT) collection that's out of this world. Lamborghini has teamed up with Swiss artist Fabian Oefner to develop a series of digital artworks that link to physical objects, dubbed “Space Key.” Each NFT contains more than 600 million pixels and when you zoom in obscure details like the firing order of the V12 engine or the various milling patterns on the wheels of transmission are revealed. The Space Key's physical component is a piece of carbon fiber composite. It was shipped to the International Space Station in 2019 to conduct research. It's shaped into five physical items called “space keys” and is linked to the digital art work via a QR code printed on the back. The digital art is the work of the renowned artist Fabian Oefner, and it depicts the Lamborghini Ultimae floating above a photo of Earth. The first auction of the space-themed artwork will take place on February 1st, which is the date of the Lunar New Year, and it will last for 75 hours and 50 minutes – which is the same amount of time it took Apollo 11 to leave Earth and enter the moon's orbit. Details about the auction as well as the artwork will be revealed in the coming weeks. The artwork is an exploded view built from thousands photographs of the Aventador. It's a 3D-printed carbon fiber Lamborghini makes use of 3D printing to make their cars and now they're taking it one step further with the launch of their latest NFT. It's the first time using the technology with a non fungible token (NFT). The NFTs include a QR code connected to a digital piece of exclusive artwork. They are made of carbon fiber taken from space. Only five of these NFTs will be produced and they'll be sold in an auction. The new NFTs will be built on an carbon fiber composite material that was sent to the International Space Station in 2019 as part of an ongoing research project. After passing all the relevant tests the carbon fiber was returned to Earth and was subsequently a key element of the Space Key NFT project. Each of the five Space Keys will be linked to a piece of digital artwork created by a lone artist via the carbon fiber QR code on their back. NFTs is a revolutionary virtual currency that makes use of blockchain technology to track assets and verify ownership online. They have many advantages including availability, programability, and an identifier unique to each. This makes them a great solution for selling and purchase of expensive items like art or automobiles. The company hasn't shared much information about the NFTs and is keeping it under wraps to generate excitement and a buzz among fans. Lamborghini is already known for its extravagance. The NFTs that are coming will definitely attract attention and increase the price. Lamborghini's cars come with outstanding warranty, despite their expensive price. The Huracan, for example, comes with a three-year guarantee with unlimited mileage for the powertrain and bumper-to-bumper warranties. It's limited edition Lamborghini's unique way of expressing luxury has been elevated to the skies with the creation of a new, non-fungible currency known as the Space Key. It was developed in collaboration with an unidentified artist and is limited only to five pieces. Each space key comes with the QR code, which opens a digital artwork created by an unknown artist. The artwork is a set of five images of an Aventador Ultimae breaking up into the sky with a backdrop of earth's horizon. The “Space Key” is the physical part of the NFT. It's made of carbon fiber pieces that Lamborghini has delivered to the International Space Station in 2019 as part of a project to research. Each piece is equipped with an QR code inscribed on it which connects to a digital image of the original. It is a non-transferable token that cannot be duplicated or sold. NFTs are cryptographic assets stored on a distributed database. This allows them to be authenticated, secure and programable over the internet. They can be utilized for a variety of uses, from authenticating ownership of a particular object to track the movement of 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 into the orbit of the moon. The auction will be held on NFT PRO the platform used for buying and trading NFTs.