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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini has entered the realm of non-fungible tokens (NFTs) by launching a project that is out of this world. They have teamed up with a unknown artist to create a physical item – called the Space Key – that is connected to digital artwork through QR codes. This collaboration is proof that wealthy car owners continue to spend money despite the uncertainty of global financial markets. The quick sale of Lamborghini's new hybrid model Revuelto, a hybrid model Revuelto is evidence of this. It's not a token that can be used in a variety of ways. The non-fungible token (NFT) trend is spreading across the gaming world and even luxury car manufacturers are getting in on the action. The luxury car maker Lamborghini has unveiled its very first NFT project – a set of five space-themed digital artworks linked to a physical object dubbed the Space Key. The tokens were crafted from a piece advanced carbon fiber composite which was sent to International Space Station for a joint project in the year 2019. NFTs are unique identification codes that are stored on a distributed ledger, known as Blockchain and tied to digital assets, such as music or pictures. They are unique, allowing owners to guarantee the authenticity and value of their assets. They are also programmable and trackable via the internet. This is the reason why Lamborghini decided to work with white-label NFT specialist NFT PRO for its latest project. Lamborghini will also auction off five Space Keys via auction in addition to artwork that is themed around space. The NFTs are coupled with tangible items that have been in space, which will boost their value as the NFT craze 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 on their profile photos using hexa-shaped frames. The Space Time Memory NFTs will be sold via an online auction. For now the cost of each NFT remains a bit mysterious. The brand has promised that it will reveal more details in the coming weeks and days including the name and artist behind the Space Key, digital artwork and the auction house. It's an art work Lamborghini is mixing its love of art and technology of the future 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, called “Space Key.” Each NFT is comprised of more than 600 million pixels, and as you zoom in some of the details that are hidden, such as the firing order of the V12 engine or different milling patterns on the cog wheels of transmission are revealed. The physical component of the Space Key is a piece made of carbon fiber composite that was sent to International Space Station in 2019 for research purposes. It's cut into five items that are referred to “space keys” and is connected to the digital artworks by an QR code on the back. The digital art is the work of the renowned artist Fabian Oefner, and it depicts a Lamborghini Ultimae floating above a photo of Earth. The first auction for art that is space-themed will be held during the Lunar New Year on the 1st of February. The auction will last for 75 hours and 50 mins, which is the same time it took Apollo 11 leave Earth and enter its orbit. Details about the auction and the artwork will be released in the coming weeks. The artwork is an exploded view constructed from thousands of photographs of the Aventador. It's 3D printed carbon fibre Lamborghini makes use of 3D printing for their cars, and now they're going one step further by launching their latest NFT. This is the first time that Lamborghini has used the technology in conjunction with a non-fungible token (NFT). replacement lamborghini key are inspired by carbon fibers found in space and are accompanied by an exclusive QR code which connects to an exclusive digital artwork. These NFTs are limited to five and will be sold at auction. The new NFTs will be based on a piece of advanced carbon fiber composite material that was sent to the International Space Station in 2019 as part of an investigation project. After passing all tests, the carbon fiber was returned to Earth as a major component in the Space Key NFT Project. Each of the five Space Keys will be linked to a digital art created by an unknown artist via the carbon fiber QR code that is on their back. NFTs are an innovative form of virtual currency that uses blockchain technology to verify ownership and track assets on the internet. They offer many benefits, including scarcity, programmability and an unique identifier. This makes them a fantastic solution for the sale or purchase of expensive items such as art or cars. The company has released only a little information regarding the NFTs and is keeping things mysterious to create excitement and buzz among fans. Lamborghini is well-known for its extravagance. The new NFTs are sure to draw attention and increase the price. Lamborghini's vehicles come with a excellent warranty, despite their pricey price. The Huracan is covered by a three-year warranty with unlimited mileage for the powertrain. It's an exclusive edition Lamborghini has created a unique way of bringing luxury to the skies with a brand new non-fungible token (NFT) called the Space Key. It was created by a lone artist and is limited only to five pieces. Each space key has the QR code, which opens the digital artwork of an unknown artist. The artwork is a set of five images of an Aventador Ultimae breaking up into the sky with an earth's horizon. The “Space Key” is the physical component of the NFT. It's constructed of carbon fiber pieces that Lamborghini has sent to the International Space Station in 2019 as part of a program for research. Each piece is decorated with the QR code that connects to an original digital artwork. It's a non-transferable item which cannot be duplicated or sold to another. NFTs are cryptographic assets stored on a distributed database. This allows them to be secured and authenticated over the internet. They are utilized for a variety of reasons, from to prove ownership of objects to tracking the movement of assets. They can also be used for the creation of games and collectibles. The first Lamborghini Space Key Auction will begin on February 1 and will run for a total of 75 hours and fifty minutes, which is the same duration that Apollo 11 took to leave Earth and enter into the moon's orbit. The auction will take place on NFT PRO, a platform for buying and trading NFTs.