Cars

Lamborghini speeds into NFT market with space-inspired artwork

2022-01-28
Explore
Explore Radar

The Italian Automaker announced plans to auction off its first non-fungible token, a piece of art called Space-Time Memory, which includes carbon fiber pieces sent to the International Space Station two years ago.

The carbon fiber parts are engraved with a unique QR code linking them to the digital artwork, an image of a Lamborghini Ultimae lifting off into space.

In a statement, Lamborghini said artist Fabian Oefner captured more than 1,500 individual parts of a real car to craft the digital art piece.

"For me, Space-Time Memory is an analogy to the memories we make in life," said Oefner in a statement. "Memories are rooted in the physical world; we make them in reality. We then store them in our brains, what could be considered the digital world."

NFT, or we call non-fungible tokens,are pieces of data verifying ownership of a digital collectible, such as artwork. It has also been used to verify ownership of other digital properties such as sports highlights. 

The technology surged in popularity last year after an artist sold a piece of art as NFT for 69M. Follow Brett Molina on Twitter: @brettmolina23.

Explore
5.8k Followers
Explore Radar
Explore all Interesting things here!!