NFT

Lamborghini Is Auctioning the Final Aventador Ultimae Coupé With Its Own NFT

Lamborghini Is Auctioning the Final Aventador Ultimae Coupé With Its Own NFT

Lamborghini is using the final Aventador as an opportunity to look to the future.

The Raging Bull has announced that RM Sotheby’s will auction off the last Aventador Ultimae Coupé that the automaker produces later this month. And The winning bidder won’t just get the historically important vehicle. They’ll also get the world’s first supercar one-of-one NFT.

In order to get its drop just right, Lamborghini has called on NFT experts Krista Kim and DJ Steve Aoki for help. Kim, who is the artist responsible for the world’s first NFT House, has been tasked with creating the visual design for the Aventador NFT. Meanwhile, Aoki will consult on the look of the digital token and physical car, in addition to composing a unique soundtrack for both. The NFT also comes with some special VIP perks, like a “meet and greet” with Kim and Aoki and a tour of the Museo Lamborghini.

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“I’m honored to be partnering with Lamborghini and Krista Kim on this historic project! The drop signifies the ultimate intersection—where the physical world, digital art and music come together as one,” Aoki exclaimed in a statement. “Every design element of this car is purposeful. It truly has its own story, and therefore I wanted my music track to reflect its soulful energy—the vibe, the spirit and the power.”
Of course, the car that comes with the NFT is no slouch, either. The Aventador Ultimae is a fitting goodbye to one of Lamborghini’s most successful models. It has a reworked body that’s more aerodynamic and is powered by the brand’s final naturally aspirated V-12. The 6.5-liter mill is mated to the marque’s Independent Shifting Rod seven-speed transmission and generates a maximum 769 hp and 531 ft lbs of torque. The coupé can rocket from zero to 62 mph in 2.8 second and has a blistering top speed of 220.5 mph.

A still image of the 1:1 Aventador Ultimae Coupé NFT 

Lamborghini

It’s unclear whether the Aventador scheduled to be auctioned is one of the 15 models Lamborghini vowed to rebuild after a cargo ship carrying thousands of Bentleys, Porsches and Raging Bulls sunk last month. Either way, the automaker has made clear that the example RM Sotheby’s is offering is the final Ultimae Coupé. The car will cross the block on April 19.
No pre-sale estimate has been listed, but considering the appetite for historically important supercars and NFTs, we imagine it’ll sell for far north of the vehicle’s original $498,258 asking price.

Check out more images of the final Aventador Ultimae Coupé below:

Lamborghini

Lamborghini

Lamborghini

Lamborghini

A Pristine Lamborghini Huracan Was Blown Up to Create 999 NFTs

A Pristine Lamborghini Huracan Was Blown Up to Create 999 NFTs

Just last month, Italian automaker Lamborghini took its first steps into the NFT marketplace with a series that included five digital artworks. A new batch of non-fungible tokens linked to the marque heads to auction this week, and they come with an explosive backstory.

On February 25th, you’ll be able bid on 888 fragments of a detonated Lamborghini Huracan. The explosion was filmed by a conceptual artist known as Shl0ms as an independent work of art dubbed $CAR. Its sale, and demise, is not affiliated with or endorsed by Lamborghini or others in the Volkswagen Group—as you can imagine. The charred remains of the 2015 chrome-and-black hypercar will go live on the artist’s website as NFTs for 24 hours and must be bought with wETH (wrapped ETH) that allows you to trade directly with Altcoins (a Bitcoin alternative).

Packed with explosives, the vehicle is seen blasting off to the high heavens in a slow-motion video across Shl0ms’ socials. According to Fortune, the process took a team of 100 people to carry out. Working together, the group transported the car to an empty desert, rigged the heat and set-up the cameras on-site. In total, 999 pieces were collected but 111 of those are reserved for “redacted” and the team, Shl0ms shared on Twitter. Each of the parts in the project comes with a video that shows a rotating view of it; those clips have been converted into NFTs with individualized codes.

𒄭/𒐤
𝚒𝚗𝚝𝚛𝚘𝚍𝚞𝚌𝚒𝚗𝚐 $CAR:
𝟿𝟿𝟿 𝚎𝚡𝚚𝚞𝚒𝚜𝚒𝚝𝚎𝚕𝚢 𝚏𝚒𝚕𝚖𝚎𝚍 𝚏𝚛𝚊𝚐𝚖𝚎𝚗𝚝𝚜 𝚘𝚏 𝚊 𝚍𝚎𝚝𝚘𝚗𝚊𝚝𝚎𝚍 𝙻𝚊𝚖𝚋𝚘𝚛𝚐𝚑𝚒𝚗𝚒 𝙷𝚞𝚛𝚊𝚌𝚊𝚗
𝚏𝚞𝚕𝚕 𝚎𝚡𝚙𝚕𝚘𝚜𝚒𝚘𝚗 𝚏𝚘𝚘𝚝𝚊𝚐𝚎 +𝚊𝚞𝚌𝚝𝚒𝚘𝚗 𝚍𝚛𝚘𝚙 𝟶𝟸.𝟸𝟻.𝟸𝟸 ➞ https://t.co/AV6YAO4wlP͏ pic.twitter.com/wRIFP2M4kp
— 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 (@SHL0MS) February 17, 2022

The goal of the fire show, and all after, is to protest the “greed” surrounding cryptocurrency and NFTs, Fortune relays. Elsewhere, on Motor1, the exercise is referenced as a way to prove the parts are worth more than the entire vehicle. Auto fans are aware that parts like pistons, bearings, suspension arms and more can cost a pretty penny. But as you also know by now, in the metaverse, items often rake in excessively more dough than they do in physical form.
So is this a distasteful, not to mention wasteful, stunt, or a lucrative art project cum pot of gold? A Lamborghini Huracan in good condition could cost up to around $300,000. If the sales top that figure, what’s next? Will they donate the funds to a deserving charity or spin them into another attention-begging stunt? Guess we’ll find out.
Visit Shl0ms’ website for more details on auction taking place February 25.

Rebecca Minkoff Counts Down to Next NFT Drop at The Snow Lodge in Aspen

Rebecca Minkoff Counts Down to Next NFT Drop at The Snow Lodge in Aspen

Rebecca Minkoff’s next NFT collection is almost here.In celebration of the upcoming launch, the designer-entrepreneur has partnered with The Snow Lodge, a restaurant and entertainment concept from the team behind The Surf Lodge in Montauk, N.Y., at the St. Regis Aspen Resort for a President’s Day Weekend full of programming.
Included in the program is a retail pop-up in partnership with Klarna, a VIP dinner and a series of performances from singers and DJs. The weekend will serve as the official countdown to Minkoff’s second NFT collection drop on March 16, during Crypto Fashion Week.
“As a brand and leader in the industry, we are consistently identifying creative ways to celebrate and showcase our innovation within the fashion space,” Minkoff said. “The Snow Lodge felt like the perfect venue encompassing culture, art and style to kick off our official countdown to our second NFT collection drop and celebrate the future of our brand.”

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Rebecca Minkoff
Courtesy of Rebecca Minkoff

The long weekend will kick off with a VIP dinner with an intimate live performance by Paris Jackson on Thursday. The next day will be followed up by another DJ set from the up-and-coming DJ Blu DeTiger at The Snow Lodge.
Saturday afternoon will have an après ski performance by Bob Moses in the courtyard of The St. Regis, followed by an evening club set at The Snow Lodge. Rising star Amémé, founder of creative collective One Tribe, will perform a DJ set on Sunday. Amémé is also a part of the roster for the upcoming 2022 Coachella weekend in April.

A closer look at The Snow Lodge in Aspen.
Courtesy of The Snow Lodge

Throughout the weekend, the Rebecca Minkoff retail pop-up, which is in partnership with Klarna, will be in a yurt in the courtyard of The St. Regis, open from 2 to 7 p.m. from Thursday to Saturday.
“I love partnering with other entrepreneurial women and am so excited for the program we’ve curated with Rebecca Minkoff for President’s Day Weekend,” said Jayma Cardoso, owner of The Surf Lodge and The Snow Lodge. “At The Snow Lodge, we always focus on creating a sense of discovery whether through our art series, music lineup or the partners we work with. We’re thrilled for our guests to experience and discover a brand that we love.”
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‘We Don’t Want to Be the Horses of Tomorrow’: Lamborghini’s CEO on the Marque’s First NFT and First EV

‘We Don’t Want to Be the Horses of Tomorrow’: Lamborghini’s CEO on the Marque’s First NFT and First EV

Lamborghini’s supercars have long pushed technological envelopes, from the application of carbon fiber in the early 1980s to the radical Countach to the computer-controlled aerodynamics of today’s Aventador. Now, the company is launching into a high-tech arena of a decidedly different sort: NFTs, or non-fungible tokens.

In the most simplistic terms, NFTs are unique digital creations—ranging from music to artwork—meant to guarantee exclusivity in our copy-and-paste world. Today, Sotheby’s is auctioning off five Lamborghini Space Keys, small pieces of carbon fiber that spent months aboard the International Space Station in 2019. Each of these keys, etched with a QR code, will open commissioned artwork by Swiss photographer Fabian Oefner, whose past works have used detailed models of classic cars to create wildly intricate and innovative artistic representations of these iconic machines. The auction starts at 10 a.m. ET and ends on February 4.

Lamborghini CEO Stephan Winkelmann tells Robb Report more about this new NFT venture and drops hints about the company’s coming game plan for electrification.

Stephan Winkelmann, CEO of Automobili Lamborghini. 

Photo by Tom Ziora, courtesy of Automobili Lamborghini S.p.A.

Why has Lamborghini entered the world of NFTs?
We have had agencies approaching us saying we are innovative, we are always looking at new technologies, we are young-minded, maybe we will be interested in this. And when we look at the customer side of our company, we see the same attitude about us. We have much younger customers than, let’s say, customers of similar brands. Now, at the end of the day, the auto industry is very conservative, so this was a journey we developed with the board. I’m feeling very positive. It’s a new way of looking at things. Of course, we have to be careful that it doesn’t dilute our values. We are, after all, very much about the physical world.
NFTs have come under fire as being highly speculative investments that have been occasionally associated with art scams. Does any of this, along with the potentially faddish nature of NFTs, concern you?
We discussed what the risks were. But if you don’t test things, you never know. We felt good about controlling our approach this way, and Sotheby’s has its own strong trademark, so we hope it doesn’t turn on us.

Lamborghini’s first NFT of commissioned art is a piece by Swiss photographer Fabian Oefner. 

Photo: Courtesy of Automobili Lamborghini S.p.A.

How did you select the artist to collaborate with?

It was simple, you find an artist who is going in your direction.
Who do you think will be customers for the Lamborghini NFTs?
I have no idea. But there will be a lot of customers interested, because we see the feedback on social media. So at least there should be huge attention for this offering, even if does not always result in a bid.
The five carbon-fiber keys spent time in space. Why send Lamborghini materials aboard the space station?
Space is always seen as the future, something outside of normal life on earth. So the idea of combining the technology of the auto industry with outer space, that was a good match for us. We made the right choice with the carbon fiber, even if, at that time, we weren’t thinking about NFTs.

The five Lamborghini Space Keys comprise small pieces of carbon fiber that spent months in space and that contain a QR code to open Oefner’s artwork. 

Photo: Courtesy of Automobili Lamborghini S.p.A.

What are the company’s plans for moving into alternative power as the era of the internal combustion engine begins to fade?
We have been preparing for this next step for a long time. By investing in the Urus [Lamborghini’s SUV], we were aiming to stabilize things for our super sports cars. It was necessary for us to generate enough earnings to be reinvested in the company. Electrification is coming, first with a hybrid 12-cylinder Aventador, and then, in 2024, the Urus and Huracán will be plug-in hybrids.
By 2025, our entire lineup will be hybridized, and we will be cutting CO2 emissions by 50 percent. Our third step, full electrification, will be in 2028 with a complete new model. All of these changes will combine sustainability and higher performance.

With Stephan Winkelmann at the helm, Automobili Lamborghini recorded its best sales year to date in 2021. 

Photo: Courtesy of Automobili Lamborghini S.p.A.

Will you hint at what we can expect from Lamborghini’s first all-electric vehicle?
Well, I can only say that we won’t start with a super sports car. The new [EV] car will have daily versatility, like the Urus.
How do automakers continue to create emotion and model differentiation when the unique characteristics of an internal combustion engine are removed from the picture?
Hybridization is like a booster, it helps performance. And we have five or six years of this still. We are driving a lot of EVs to get into the mindset of the different manufacturers. We agreed at Lamborghini that the major difference is the driving behavior, even if you have the same performance capabilities. It’s clear that there is a lot to do, the acceleration and the torque is tremendous, so you have to fine tune that.

Lamborghini’s extremely limited-edition Countach LPI 800-4 is an 802 hp hybrid supercar. 

Photo: Courtesy of Automobili Lamborghini S.p.A.

We have some time to get more and more people into this [EV] way of thinking. But a young generation is coming up who is saying, “I don’t sit at your table without you offering a sustainable car.” It’s a big challenge and opportunity for us. But there’s also no way out, the legislation is there. We don’t want to be the horses of tomorrow.

This Rare $24.3 Million California License Plate Could Soon Be the Most Expensive Ever Sold

This Rare $24.3 Million California License Plate Could Soon Be the Most Expensive Ever Sold

And you thought buying a brand-new supercar was expensive.

An extremely rare license plate with the letters “MM” on it is currently up for sale in the state of California for $24.3 million. And because it’s still 2021, you aren’t just buying the plate, you’re also buying its matching one-of-a-kind NFT.
There are over 35,000,000 registered vehicles in the state of California, each of which has its own unique license plate with anywhere from two to seven characters. Of these, two-character plates are the rarest, especially two-character repeating plates like “MM,” according to the “MM” plate website (h/t DuPont Registry). There are only 35 two-letter plates, making this license plate literally one in a million.

The “MM” license plate NFT 

MMPlate.com

If you’re wondering if the buyer will even be able to use the plate, the answer is yes, but only because of a relatively recent change to the state’s Special Interest License Plate Application. In 2017, the California DMV updated Form Reg17 to include the option to “release interest to a new owner.” Before that change, the plate could only be transferred to another of the original owner’s vehicles, but now it can be sold and the buyer can use and register it on their own vehicle.
The “MM” license plate is currently available for purchase on OpenSea, a popular digital art auction space, for 5,888 ether, which is the equivalent of $24.3 million. That’s because you’re not just buying the plate and the right to transfer it to your own vehicle, you’re buying its matching non-fungible token. Why an NFT? Because both the plate and digital artwork are both completely unique. The token also acts as a proof of authenticity and ownership, with its QR code ID number both inscribed on the back of the plate.

The NFT’s QR code and Token ID are inscribed on the back of the “MM” license plate 

MMPlate.com

“Just like NFTs, license plates are exclusive by nature, always 1 of 1,” the OpenSea listing says. “The pairing of these two rarities was inevitable. This minting has established provenance, and hopes to inspire an entire community around an aftermarket buying/selling desirable license plate configurations.”
It remains to be seen if someone will bite and spend the cash on “MM,” but if they do, they will be able to claim ownership of the world’s most expensive license plate. Currently, that honor belongs to an Abu Dhabi license plate with the number “1” which sold for $14.3 million in 2009. The most expensive one in the US is a Delaware plate with the number “11” that sold for $675,000 the year before.

Dolce & Gabbana to Enter the World of NFTs with a Venice-Inspired Collection

Dolce & Gabbana to Enter the World of NFTs with a Venice-Inspired Collection

House ambassador Marpessa Hennink in Dolce & Gabbana Alta Moda. Photographed by Giuseppe Riserbato
Italian fashion house Dolce & Gabbana is officially entering the world of non-fungible tokens (NFTs). For their debut NFT collection titled ‘Collezione Genesi’ (Genesis Collection), the brand has collaborated with UNXD, a curated marketplace for digital luxury and culture.
The exclusive pieces will feature in Dolce & Gabbana’s next Alta Moda, Alta Sartoria, and Alta Gioielleria events, set to take place in Venice between August 28 and 30. The collection draws inspiration from the rich artistic history and traditions of the iconic city of Venice.

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While it was among the first fashion houses to eagerly return to physical runway shows, last presenting its men’s spring/summer 2022 collection in Milan in June, the brand is now in tune with the latest digital trend of NFTs. For the uninitiated, an NFT is a one-of-a-kind digital asset that has unique properties such that it cannot be interchanged with something else.
The first concept revealed as part of Collezione Genesi is named Dress from a Dream, and is based on a vivid dream from the creativity of the designers Domenico Dolce and Stefano Gabbana. Additional drops within Collezione Genesi will be unveiled in the coming weeks before the Alta Moda, Alta Sartoria, and Alta Gioielleria shows and will be auctioned exclusively on UNXD.
Marpessa Hennink in Dolce & Gabbana Alta Moda. Photographed by Giuseppe Riserbato
Other fashion brands are also joining the NFT race, with Gucci recently confirming to Vogue Business that it’s “only a matter of time” before a brand like itself will release an NFT. Meanwhile, many smaller brands and retailers have already jumped headfirst into the game — Clothia, an online retailer in the accessible luxury space, is currently auctioning NFT dresses.
Dolce & Gabbana’s Collezione Genesi collection will be available exclusively on UNXD on September 1, 2021. You can reserve your spot now at UNXD.
Read Next: The Best Modest Looks Seen at Couture Week Fall/Winter 21-22

This Artist Teamed With Rick Ross to Create a Kaleidoscopic Porsche. Now the 911 and Its NFT Can Be Yours.

This Artist Teamed With Rick Ross to Create a Kaleidoscopic Porsche. Now the 911 and Its NFT Can Be Yours.

One auto designer-turned-artist found a way to sate both of his life’s passions—and the colorful results could be yours. Rich B. Caliente has a hand-painted Porsche 911 and an NFT to match, and the first-of-its-kind duo is heading to auction.

Caliente, a proud Miami local who worked in the auto industry for 15 years before becoming a full-time artist, says offering the NFT in conjunction with his colorful 911 was a way of immortalizing his creation in both the physical and digital world.

“To me, it’s very important to have something tangible,” Caliente told Robb Report on a recent Zoom call. “So it’s kind of like my twist on an NFT, where you have something that’s a digital capsule, but you also have something that can be enjoyed in real life.”

The 2021 Porsche 911 features Caliente’s signature splatters and drips. 

Rich B. Caliente

The artist, who has wrapped exotic rides for an array of high-profile collectors, enlisted some impressive help to make the project happen:  The bespoke 2021 Porsche 911 that’s gifted with the NFT was made in collaboration with rapper Rick Ross. The Grammy Award winner also signed the car to give it a dose of celebrity fairy dust.
According to the Caliente, this is the first time that a minted NFT artwork will come with a car title digitally included. It’s also one of the only Porsche art cars of this century, following Janis Joplin’s psychedelic 356 of the late ‘60s that Caliente describes as “amazing.”
The project, which is at the intersection of art, technology and automotive design, represents the culmination of Caliente’s career and also pays tribute to his Miami roots.
“The whole point of this project was to inspire, but also to formulate and represent where you’re from and who you are,” Caliente added. “So this is our little piece of the world that we live in.”
The artist says he briefly considered a Lamborghini Urus but opted for a 911 on account of its “iconic shape,” which he says enhances the artwork rather than compete with it. Caliente spent two days within arm’s reach of the Porsche to conceptualize the design before embarking on the two-week paint job.
The painstaking process involved taking everything off the car and applying his signature splatters and drips, which harken back to the work of Jackson Pollock. Think Tiffany-blue hues juxtaposed with splashes of bright yellow. Parts of the paint, like the orange above the taillights, also glow in the dark to emulate “oozing magma,” according to Caliente. The artist says that the whole design is symmetrical—so even though it’s thrown paint, everything looks purposeful.

Rich B. Caliente

The luxe interior, meanwhile, remains largely unchanged save for some custom leather mats, which are also emblazoned with both men’s signatures and Ross’s 2021 album title Richer Than I’ve Ever Been. Under the hood, the car retains its 3.0-liter 6-cylinder engine that delivers up to 379 hp.
The idea to digitally embed the Porsche’s title inside of the NFT may well point to a future of smart contracts that become a standard part of high-end digital purchases. And, since the transaction is processed through the blockchain, it’s completely transparent and traceable. All parties can see exactly where the funds go.
The auction, which is running June 4 through 14, will be hosted by an NFT management consultancy co-founded by Caliente known as Slashdot. Bids will be accepted online in the cryptocurrency Ethereum, and a portion of proceeds from the sale will benefit the Irie Foundation. This organization is dedicated to empowering the lives of at-risk youth in South Florida through mentorship programs, cultural experiences, and scholarship opportunities.
Naturally, the multi-pronged artwork doesn’t come cheap. Bids will start at $305,911, with the first three numbers a reference to Miami’s area code and the last to Porsche’s beloved sports car. For those who want to see the multicolored creation IRL, the 911 will debut at the 2021 Bitcoin Conference in Miami from June 4 to 5.
Caliente is already planning follow-up artworks, too. The artist exclusively shared with Robb Report that he has another NFT and one-off luxury ride in the pipeline, along with a bespoke aircraft and matching digital art.
Best get your digital wallets ready, folks.
Check out more photos of the car below:

Rich B. Caliente

Rich B. Caliente

Rich B. Caliente

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