5 Lessons You Can Learn From Lamborghini Keys
Lamborghini Enters the Non-Fungible Token (NFT) Craze
Lamborghini has entered the world of non-fungible tokens (NFTs) with a concept that is out of the ordinary. They have partnered up with an unknown artist to create the Space Key, a physical object that can be connected to digital art using a QR code.
This partnership is proof that wealthy car owners continue to spend money despite the uncertainty of global financial markets. Lamborghini's latest hybrid model Revuelto is proof.
It's not a fungible token
The non-fungible token (NFT) craze has swept the gaming world, but now, even luxury automakers are joining in on the fun. The luxury car maker Lamborghini has revealed its first NFT project - a collection of five space-themed digital artworks that are connected to a physical object dubbed the Space Key. The tokens are made from a piece of advanced carbon fiber composite material that was shipped to the International Space Station in 2019 for a joint research project.
NFTs are unique identifiers that are recorded on a distributed ledger referred to as Blockchain and linked to a digital asset like music or pictures. They are unique, allowing owners to guarantee the authenticity and value of their assets. They can also be programmed and trackable via the internet. Lamborghini selected NFT PRO as a white-label NFT specialist to work on its new 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 found in space, which will increase their value as the popularity of NFTs continues to expand. Nike, Samsung, and Reddit have already joined forces with NFTs and Twitter recently added a function for users to show off their top NFTs on their profile picture by using frames that resemble hexas.
The Space Time Memory NFTs will be offered via an online auction. As of now, the price of each NFT is a bit hazy. The company has promised to provide more details in the coming weeks and days, including the name of the artist behind 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 combing its love of art and space-age technology to create an un-fungible token (NFT) collection that's out of this world. Lamborghini has teamed up with Swiss artist Fabian Oefner in order to create a collection of digital art pieces that link to physical objects, which is known as "Space Key". Each NFT is made up of more than 600 million pixels and as you zoom, a myriad of details are revealed, like the firing sequence of the V12 engines or the various milling patterns of the cog wheels used in transmissions.
The Space Key's physical component is a piece of carbon fiber composite that was shipped to the International Space Station in 2019 to conduct research. It's cut into five physical objects referred to as "space keys" and is connected to the digital artworks through an QR code that is located 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 of space-themed art will take place during the Lunar New Year on the 1st of February. It will last 75 hours and 50 minutes which is the exact time it took to see Apollo 11 leave Earth and enter orbit. Details about the artwork and the auction will be announced over the next few weeks. The artwork is an exploded image made from thousands of photos of the Aventador.
It's a 3D-printed carbon fibre
Lamborghini has used 3D printing in their vehicles and now they're taking it one step further with the launch of their latest NFT project. This is the first time that Lamborghini has used the technology in conjunction with an intangible token (NFT). The NFTs have a QR code linked to a digital piece of artwork that is exclusive to the company. They are made of carbon fiber that was extracted from space. These NFTs are limited to five pieces and will be sold at auction.
The new NFTs are built on a piece of advanced carbon fiber composite that was shipped to International Space Station as part of a research project for 2019. After passing all tests, the carbon fiber was returned to Earth as a major 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 created by an unknown artist.
NFTs are a new form of virtual currency which utilizes blockchain technology to prove ownership and track assets on the internet. They offer many benefits including availability, programability, and an identifier unique to each. This makes them an excellent solution for the sale and purchase of valuable items like art or automobiles.
The company has only released a few information about the NFTs and is keeping the details under wraps to generate buzz and excitement among fans. Lamborghini's brand is already synonymous with extravagance, so the new NFTs are bound to attract attention and increase prices. Lamborghini's vehicles come with excellent warranty, despite their pricey cost. The Huracan for instance, comes with a three-year guarantee with unlimited mileage for the powertrain and bumper-to-bumper warranty.
It's a limited edition
Lamborghini's unique way of expressing luxury has been elevated to the skies with an innovative non-fungible token known as the Space Key. It was developed by a yet to be identified artist and is limited to five pieces. Each space key has an QR code that unlocks an artwork digitally created by an unknown artist. The artwork is comprised of five photos that show an Aventador Ultimae bursting into the sky against the backdrop of Earth's horizon.
The physical NFT component, the "Space Key" is composed of carbon fiber pieces that Lamborghini sent to the International Space Station as part of a research project in 2019. Each piece is engraved with an QR code that links to an original digital artwork. It is a non-transferable token that cannot be duplicated or sold.
NFTs are cryptographic assets recorded on an open database. This enables them to be authenticated, secure and programmable on the internet. They can be used for many purposes, from proving the ownership of an item to keeping track of assets. lamborghini urus keys can also be used to make games and collectibles.
The first Lamborghini Space Key auction will be held on February 1 and last for exactly 75 hours and 50 minutes, which is the same time it took Apollo 11 to leave Earth and enter the moon's orbit. The auction will be held on NFT PRO, an online platform for buying and selling NFTs.