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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini has entered the world of non-fungible tokens (NFTs) with a plan that is literally out of the ordinary. They have partnered with a unknown artist to create a tangible item – called the Space Key – that is connected to digital artwork using an QR code. This collaboration is a sign that the wealthy car buyers are spending money even in the face global financial uncertainty. The quick sellout of Lamborghini's latest hybrid model, the Revuelto is an example of this. It's an un-fungible token The non-fungible token (NFT) trend is spreading across the gaming industry, but even high-end carmakers are getting in on the action. Lamborghini is a glitzy automobile manufacturer, has unveiled its first NFT project comprising five digital artworks that are themed around space, which are connected to a physical item called the Space Key. The tokens were created using an advanced carbon fiber composite material that was sent to the International Space Station in 2019 for a joint research project. NFTs are unique digital identifiers that are recorded on a distributed database known as Blockchain. They can be tied to any digital item such as images or music. 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 why Lamborghini chose to partner with white-label NFT specialist NFT PRO for its upcoming project. In addition to the artwork that is space-themed, Lamborghini is offering five Space Keys that will be sold via an auction. The NFTs are paired with tangible items that have been discovered in space, which will increase their worth as the popularity of NFTs continues to grow. Nike, Samsung, and Reddit have already teamed up with NFTs and Twitter recently added a function for users to showcase their top NFTs on their profile photo using hexagon-shaped frames. The Space Time Memory NFTs will be sold via an auction on the internet. At present the cost of each NFT is still a bit hazy. The company has stated 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 an art work Lamborghini has created a collection of non-fungible tokens (NFTs) which are completely out of this world. The brand has partnered up with Swiss artist Fabian Oefner in order to create a series of digital art pieces that link to physical objects, known as “Space Key”. Each NFT contains more than 600 million pixels. as you zoom, hidden details are revealed, such as the firing sequence of the V12 engines or the different milling patterns of transmission cog wheels. lamborghini digital key of the Space Key is a piece made of carbon fiber composite that was sent to International Space Station in 2019 to conduct research. The Space Key is shaped into five physical objects known as “space key” and linked to the digital art by an QR-code that is located on the back. The digital artwork is created by famous artist Fabian Oefner and shows a Lamborghini Ultimae hovering above a photo of Earth. The first auction for space-themed art will take place during the Lunar New Year on the 1st of February. The auction will last for 75 hours and 50 minutes which is the exact duration it took Apollo 11 leave Earth and enter orbit. The auction's details and the artwork will be announced in the coming weeks. The artwork is an exploded image constructed from thousands of photographs of the Aventador. It's a 3D-printed carbon fibre Lamborghini has used 3D printing in their cars and now they're taking it an step further with the announcement of their latest NFT project. This is the first time the company has employed the technology together with a non-fungible token (NFT). The NFTs are based on carbon fiber from space and feature a unique QR code which connects to an exclusive piece of digital artwork. Only five of these NFTs will be made, and they'll be auctioned off at an auction. The new NFTs are made up of a piece of carbon fiber composite that was sent to International Space Station as part of a research program in 2019. After passing all tests, the carbon fibre was returned to Earth as a key component in the Space Key NFT Project. The carbon fiber QR codes that are on the back of each Space Key will connect it to a piece of digital artwork created by an unidentified artist. NFTs are a brand new type of virtual currency that utilizes blockchain technology to prove ownership and track assets on the internet. They offer many benefits that include scarcity, programmability and an individual identifier. This makes them an ideal solution for the sale and purchase of valuable items such as art, or cars. The company has only released a few information about the NFTs, and is keeping the details a secret to create excitement and buzz among fans. Lamborghini is well-known for its extravagant designs. The new NFTs will definitely draw attention and raise prices. Lamborghini's cars come with an excellent warranty despite their costly cost. The Huracan is covered by a warranty of three years with unlimited mileage for the engine. It's an exclusive edition Lamborghini has taken its unique approach to luxury to the skies with a new non-fungible token (NFT) called the Space Key. It was developed in collaboration with an unidentified artist and is limited to five pieces. Each space key has a QR code that unlocks an exclusive digital work NFT created by an unknown artist. The artwork consists of five images that depict an Aventador Ultimae bursting into the sky against a backdrop of the horizon of Earth. The physical part of the NFT”Space Key,” the “Space Key” is constructed of carbon fiber that Lamborghini sent to the International Space Station as part of a research project that began in 2019. Each piece comes with a QR code embedded on it that connects to a unique digital artwork. It is a non fungible token, which cannot be duplicated or sold. NFTs are cryptographic assets that are stored in the internet as a distributed database. This allows them to be authenticated, secure and programable over the internet. They can be used for many purposes, from proving the ownership of an item to monitoring assets. They can also be used to create collectibles as well as games. The first Lamborghini Space Key Auction will be held on the 1st of February and will run for a total of 75 hours and fifty minutes, the same amount of time that Apollo 11 took 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.