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Lamborghini Enters the Non-Fungible Token (NFT) CrazeLamborghini is entering the world of non fungible tokens with an idea so far from the realm of possibility that it's difficult to believe. They have teamed up with an yet-to-be-named artist to create a physical object called the Space Key - that is connected to digital artwork by a QR code.This collaboration is a signal that the wealthy car buyers continue to spend money, even in the face global financial uncertainty. The quick sellout of Lamborghini's brand new hybrid model called the Revuelto is a proof of this.It's a non-fungible tokenThe non-fungible token (NFT) craze is sweeping the gaming industry and even luxury car manufacturers are joining in the action. Lamborghini is a glitzy automobile maker, has revealed its first NFT project that includes five digital artworks that are themed around space that are tied to a physical item called the Space Key. The tokens are based on an advanced carbon fiber composite material that was sent to the International Space Station in 2019 as part of a joint research program.NFTs are unique identifiers stored on a distributed ledger called Blockchain and linked to a digital asset, such as pictures or music. They are unique, allowing their owners to ensure authenticity and scarcity of assets. They can also be programmed and trackable online. Lamborghini decided to use NFT PRO which is a white-label NFT specialist to work on its latest project.Lamborghini will also offer five Space Keys via auction in addition to the art work themed around space. The NFTs are joined by tangible items that have been discovered in space, which will boost their value as the trend 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 favorite NFTs in their profile images with hexa-shaped frames.The Space Time Memory NFTs will be offered through an online auction. At the moment, the price of each NFT remains a bit mysterious. The company has said it will release more information in the coming days and weeks, including the name of the artist behind the Space Key, digital artwork and the auction house.It's an art pieceLamborghini is combining its love of art and technology of the future to create a non-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 art works that link to physical objects, called "Space Key." Each NFT has more than 600 million pixels and when you zoom in, hidden details such as the firing order of the V12 engine or the milling patterns on cog wheels for transmissions are exposed.The physical component of the Space Key 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 items called "space keys" and is connected to the digital artworks via a QR code printed on the back. The digital art is the work of the renowned artist Fabian Oefner, and it shows the Lamborghini Ultimae floating above a photo 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 run for 75 hours and 50 mins which is the exact time it took to see Apollo 11 leave Earth and enter orbit. Details about the auction and the artwork will be revealed in the coming weeks. The artwork is an exploded image created from thousands of images of the Aventador.It's a 3D-printed carbon fibreLamborghini has used 3D printing in their vehicles and they're taking it a step further by launching of their latest NFT project. This is the company's first time using the technology in an intangible token (NFT). The NFTs come with a QR code that is linked to a digital image of exclusive artwork. They are made of carbon fiber from space. These NFTs are limited to 5 and will be auctioned off.The new NFTs will be constructed from an carbon fiber composite material that was sent to the International Space Station in 2019 as part of an experiment. After passing all relevant tests the carbon fiber returned to Earth and became a crucial element of the Space Key NFT project. The carbon fiber QR codes that are on the back of each Space Key connect it with a piece of digital artwork made by an unknown artist.NFTs is a new virtual currency that makes use of blockchain technology to track assets and prove ownership through the internet. They offer many benefits, including scarcity, programmability and a unique identifier. This makes them a great solution for the sale of important items such as cars and art.The company has only released a few information about the NFTs and is keeping the details a secret to generate buzz and excitement among fans. Lamborghini's name is already synonymous with extravagance, so the new NFTs are sure to draw attention and raise prices. Despite the high price, Lamborghini offers an excellent warranty on its vehicles. The Huracan is covered by a 3-year warranty with unlimited mileage for the powertrain.It's limited editionLamborghini has taken its unique approach to luxury to the skies with a brand-new non-fungible token (NFT) known as the Space Key. It was created by a yet to be identified artist and is limited to five pieces. Each space key features the QR code which unlocks an exclusive digital art work NFT created by the unknown artist. The artwork is a set of five images that depict an Aventador Ultimae bursting into the sky against the background of the Earth's horizon.The "Space Key" is the physical component of the NFT. It's made of carbon fiber pieces that Lamborghini has sent to the International Space Station in 2019 as part of a research project. research. Each piece has a QR code embedded on it that connects to an original digital artwork. The Keylab 's a non-transferable item that cannot be duplicated or sold to another user.NFTs are a kind of cryptographic asset that is logged on an open ledger. This allows them to be authenticated, secure and programmable via the internet. They can be used for a variety of purposes, ranging from proving ownership of an item to tracking 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 for 75 hours and fifty minutes, which is the exact length of time 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 for the purchase and sale of NFTs.