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Lamborghini Enters the Non-Fungible Token (NFT) Craze Lamborghini is entering the world of non fungible tokens with a project so out of the realm of possibility that it's hard to believe. They have partnered with a yet-unknown artist to create a physical item - called the Space Key - that is connected to digital artwork by QR codes. This collaboration proves that wealthy car buyers still spend money despite the global financial turmoil. Lamborghini's new hybrid model Revuelto is a proof. It's not a finite token The non-fungible token (NFT) craze has swept the world of gaming, however, now even premium automakers are joining the fun. The luxury car maker Lamborghini has announced its first NFT project, which consists of five digital artifacts that are space-themed that are connected to a physical object called the Space Key. The tokens are based off a piece of carbon fiber composite material that was shipped to the International Space Station in 2019 as part of a joint research project. NFTs are unique identifiers stored on a distributed ledger, known as Blockchain and linked to a digital asset, such as pictures or music. They are one-of-a-kind, allowing their owners to guarantee authenticity and scarcity of assets. They can also be programmed and trackable online. Lamborghini selected NFT PRO which is a white-label NFT specialist for its latest project. In lamborghini aventador key price to the space-themed artwork, Lamborghini is offering five Space Keys that will be sold via an auction. The NFTs are paired with tangible items that have been in space, which will boost their value as the popularity of NFTs continues to expand. Nike, Samsung and Reddit are already working with NFTs. Twitter has recently added the ability for users to display their favourite NFTs in their profile pictures using hexa-shaped frames. The Space Time Memory NFTs are sold via an online auction The price for each is a bit of mystery at present. 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 artwork Lamborghini is mixing its love of art and technology that is space-age to create an un-fungible token (NFT) collection that is out of the ordinary. The brand has partnered with Swiss artist Fabian Oefner to develop a series of digital artworks which connect to physical objects, dubbed "Space Key." Each NFT has 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 the different 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 for research purposes. It's cut into five items that are referred to "space keys" and is connected to the digital artworks through a QR code on the back. The digital artwork is by renowned artist Fabian Oefner and shows a Lamborghini Ultimae hovering above a photograph of Earth. The first auction for art that is space-themed will be held at the Lunar New Year on the 1st of February. The auction will last for 75 hours and 50 mins which is the exact duration it took Apollo 11 leave Earth and enter orbit. Details on the auction and the artwork will be released in the coming weeks. The artwork itself it's an expanded view of the Aventador that was created using thousands of photos. It's 3D-printed carbon fibre Lamborghini has used 3D printing in their cars and they're taking it a step further with the launch of their latest NFT project. This is the first time using the technology with a non fungible token (NFT). The NFTs include a QR code linked to a digital piece of artwork that is exclusive to the company. They are made from carbon fiber sourced from space. These NFTs are limited to five pieces and will be sold at auction. The new NFTs are based on a piece advanced carbon fiber composite that was sent to International Space Station as part of a 2019 research project. After passing all the relevant tests the carbon fiber was sent back to Earth and became a major component of the Space Key NFT project. Each of the five Space Keys will be linked to a digital artwork created by a lone artist using the carbon fiber QR code on their back. NFTs are an innovative form of virtual currency that uses blockchain technology to prove ownership and track assets on the internet. They have many advantages including availability, programability, and an individual identifier. This makes them a fantastic option for the sale and purchase of valuable items like art or automobiles. The company hasn't revealed any information regarding the NFTs and is keeping it secret to create excitement and buzz among its fans. Lamborghini's name is already synonymous with luxury, and the new NFTs are sure to draw attention and raise prices. Despite their high cost, Lamborghini offers an excellent warranty on its vehicles. The Huracan for instance, is covered for three years with unlimited miles for the powertrain and bumper-to-bumper warranty. It's a limited edition Lamborghini's unique method of luxury has been elevated to the skies by the creation of a new, non-fungible currency known as the Space Key. It was created in collaboration with an unknown artist and is limited only to five pieces. Each space key features an QR code that opens an exclusive digital art work NFT created by the artist who is not known. The artwork is a set of five images that depict an Aventador Ultimae bursting into the sky against a background of the Earth's horizon. The physical component of the NFT"Space Key," the "Space Key," is comprised of carbon fibers that Lamborghini delivered to the International Space Station as part of a research project that began in 2019. Each piece is embossed with the QR code that connects to an exclusive digital artwork. It is a non-transferable token, that can't be duplicated or sold. NFTs are cryptographic assets recorded on the internet as a distributed database. This allows them to be authenticated, secure and programable over the internet. They are able to be used for various reasons, from proving ownership of an item to keeping track of assets. They can also be used to create collectibles as well as games. The first Lamborghini Space Key Auction will take place on 1 February and will last 75 hours and fifty minutes, which is the exact duration that Apollo 11 took to leave Earth and enter into the moon's orbit. The auction will take place on NFT PRO, a web-based platform that allows you to buy and sell NFTs.

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