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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 out of the norm. They have teamed up with an unidentified artist to create the Space Key, a physical item that is connected to digital artwork via QR code. This collaboration proves that car buyers with wealth continue to spend money, despite global financial uncertainty. The quick sellout of Lamborghini's brand new hybrid model Revuelto, a hybrid model Revuelto, is proof of this. It's not a fungible token The non-fungible token (NFT) trend is sweeping the gaming industry however, even top car manufacturers are getting in on the action. Lamborghini is a luxury automobile manufacturer, has unveiled its first NFT project which is a collection of five digital artworks that are themed around space, which are connected to a physical object known as the Space Key. The tokens were created using a piece of advanced carbon fiber composite material, which was sent to the International Space Station in 2019 as part of a joint research project. NFTs are unique digital identifiers stored on a distributed database, known as Blockchain. They can be tied to any digital item such as images or music. They are unique, which allows their owners to ensure authenticity of their assets and the scarcity of them. They can also be programmed and trackable online. This is the reason Lamborghini chose to partner with white-label NFT specialist NFT PRO for its upcoming project. In addition to the art inspired by space, Lamborghini is offering five Space Keys that will be sold via an auction. The NFTs are coupled with tangible items that have been discovered in space, which will boost their value as the popularity of NFTs continues to grow. Nike, Samsung and Reddit are already working with NFTs. Twitter has recently added the ability to display their favourite NFTs in their profile photos by using hexa-shaped frames. The Space Time Memory NFTs will be sold via an online auction. For now, the price of each NFT remains a bit hazy. The brand has promised that 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 masterpiece of art Lamborghini is merging its love for art and technology that is space-age to create a non-fungible token (NFT) collection that is out of the ordinary. Lamborghini has teamed up with Swiss artist Fabian Oefner to develop a series of digital artworks that connect to physical objects, dubbed “Space Key.” Each NFT has more than 600 million pixels, and as you zoom in subtle details like the firing pattern of the V12 engine or the milling patterns on transmission cog wheels are exposed. The Space Key's physical component is a piece of carbon fiber composite that was sent to International Space Station in 2019 to conduct research. It's shaped into five physical objects referred to as “space keys” and is connected to the digital artworks through a QR code on the back. The digital artwork is by the renowned artist Fabian Oefner and shows a Lamborghini Ultimae hovering above a photograph of Earth. The first auction 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 Apollo 11 leave Earth and enter its orbit. lamborghini key replacement www.thekeylab.co.uk 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 fibre Lamborghini has been using 3D printing in their vehicles and now they're taking it an step further by launching of their latest NFT project. This is the first time that Lamborghini has utilized the technology together with the non-fungible token (NFT). The NFTs are built on carbon fiber from space and are accompanied by an individual QR code that links to an exclusive piece of digital artwork. These NFTs are only five in number and will be sold at auction. The new NFTs are constructed from a piece of carbon fiber composite that was sent to the International Space Station as part of a 2019 research project. After having passed all tests, the carbon fiber was returned to Earth as a key component in the Space Key NFT Project. The carbon fiber QR codes on the back of each Space Key connect it to a work of digital art made by an unknown artist. NFTs is the newest virtual currency that utilizes blockchain technology to track assets and prove ownership on the internet. They offer many benefits, including scarcity, programmability, and the ability to identify themselves as unique. This makes them an ideal solution for selling valuable items like cars and art. The company hasn't shared any details about the NFTs and has kept it mysterious to generate excitement and a buzz among its fans. Lamborghini's name is already synonymous with luxury, so the new NFTs are certain to draw attention and raise prices. Lamborghini's cars come with a great warranty despite their high cost. The Huracan for instance, is backed by three-year coverage with unlimited miles for powertrain and bumper-to-bumper warranties. It's a limited edition Lamborghini has adopted a unique method of bringing luxury to the skies with a brand-new non-fungible token (NFT) called the Space Key. It was developed by a lone artist and is limited only to five pieces. Each space key contains an QR code that unlocks an original digital art work created by an unknown artist. The artwork consists of five photos that show an Aventador Ultimae bursting into the sky against a backdrop of Earth's horizon. The “Space Key” is the physical component of the NFT. It's made from carbon fiber pieces that Lamborghini has sent to the International Space Station in 2019 as part of a program for research. Each piece comes with an QR code engraved on it that links to a unique digital artwork. It is a non-transferable token, which cannot be duplicated or sold. NFTs are cryptographic assets stored on an online database. This allows them to be authenticated, secure and programmable over the internet. They can be used for many purposes, ranging from proving ownership of an item to monitoring assets. They can also be used for the creation of games and collectibles. The first Lamborghini Space Key auction will take place on February 1 and will be held for 75 hours and 50 minutes, the same time it took Apollo 11 to leave Earth and enter the moon's orbit. The auction will take place on NFT PRO an online platform for purchasing and trading NFTs.