NFTs have been in trend for over the last couple of months, and every company wants to be a part of it. The latest company joining the lineage of NFTs is Lamborghini, which just unveiled its first NFT dubbed Lamborghini Space Key. The artist behind the space-themed artwork is not disclosed yet, and it is limited to five units.
What is NFT?
NFT stands for Non Fungible Tokens, and they can be traded or exchanged but only with an equivalent item. NFTs are unique identifiers recorded on a distributed ledger known as Blockchain and tied to a digital asset such as pictures, videos, music, or other records.
Technically all NFTs are collectibles and allow their buyers to own the original copy of a digital file, which means you do not own or receive anything physically. Each token is unique, allowing its owners to guarantee asset authenticity, scarcity, programmability and trackability over the internet.
The artwork is a piece of advanced carbon fiber composite material that Lamborghini sent to the International Space Station (ISS) in 2019 as part of a joint research project. After returning from space, the carbon fiber composite becomes a part of the Space Key. These materials mark yet another milestone for the company, this time as a gateway into the NFT world.
Each of the five Space Keys is linked to an exclusive and purely digital artwork by the same artist through the QR code on the backside of the carbon fiber. Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, said, Being a leading company for carbon fiber composite materials within the automotive sector, Lamborghini pushed boundaries two and a half years ago with the joint research project in space.
He further added, “the NFT world has been calling to us, and we are excited about engaging with this very passionate and innovative community.” The company has entered the NFT world in cooperation with NFT PRO™, and soon the company will share further details, including the name of the artist of the Space Key and the link to the auction registration.
NFT Pro™ is the top-notch enterprise white-label NFT solution for global brands, making NFT campaigns seamless, easily executed, and on-brand. They offer an enterprise-grade platform, proprietary methodology and enterprise-level support. They help global enterprises with strategies, creations, sales, and the distribution of NFT-based digital authentic assets.