Lamborghini announces its first NFT

Lamborghini is joining Nike, Samsung and other tech companies in embracing NFTs. "This is Lamborghini`s historical first NFT project. In collaboration with the artist Fabian Oefner, Lamborghini developed five art pieces, that will go on auction on February 1," the company said in a statement. The art pieces are made of a physical element and a NFT component: The Space Key, the physical element is a piece of carbon fiber sent to Outer Space by Lamborghini.

Italian automaker Lamborghini has announced that it is set to release its first NFT (non-fungible token) next month.

Lamborghini is joining Nike, Samsung, and other tech companies in embracing NFTs.

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"This is Lamborghini`s historical first NFT project. In collaboration with the artist Fabian Oefner, Lamborghini developed five art pieces, that will go on auction on February 1," the company said in a statement.

The art pieces are made of a physical element and a NFT component: The Space Key, the physical element is a piece of carbon fiber sent to Outer Space by Lamborghini.

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The digital component is an NFT of a photograph, that depicts a Lamborghini Aventador Ultimae, lifting off toward the stars.A

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Oefner created a total of five separate images that depict individual moments within seconds from each other as the car rises above the earth.

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Its parts, the engine, the transmission, the suspension and hundreds of nuts and bolts are shooting away from the chassis like the exhaust flame of a rocket.

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