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Lamborghini Huracan blown up to create 999 NFTs

The Internet continues to hone its ability to commercialize intangibles. In this case, the situation begins with a tangible, so we'll start there. According to cryptocurrency news outlet The Block, an investor purchased a real car, a 2015 Lamborghini Huracan, for real money. Then, an artist going by the handle Shl0ms led a team of about 100 people who worked together to blow up the Italian supercoupe and turn its bits into 999 non-fungible tokens, known as NFTs, and sell the tokens at auction. The artist, the team, the explosion, and the bits are materially real — every one of them can be touched and squeezed, were one to desire. After that, well, things get digital.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Shl0ms told Fortune that his crew experimented with explosives for two weeks, looking for the right bang to bring in the most bucks. When that was decided, they took the Huracan to the desert and put a "federally licensed explosives engineer" in charge of the boom, and used high-speed cameras to capture the detonation. The collective then gathered the Lamborghini pieces, choosing 999 of them to be filmed in short 4K clips of "exquisitely filmed fragments" rotating against a black background. These videos are the non-fungible tokens going up for sale. Of those 999 video segments, 111 are reserved for the people behind the project. The remaining 888, labeled the "$CAR" group, will be listed in a 24-hour auction starting February 25, bids beginning at .01 Etherium coin (ETH) — a cryptocurrency — which is about $26 USD at current exchange rates.   So the short story is: Guy blows up Lamborghini, makes 999 videos of 999 exploded bits, sells videos online. For anyone not clear on the exclusively digital nature of the NFT, none of the winning auction bidders will get a leftover piece of Lamborghini. In answer to a tweet asking about the shards, Shl0mo tweeted that "the fragments are either large, dangerous, greasy, or all 3 and will be kept in secure storage for the foreseeable future." We know that money is one of the reasons for this endeavor. Shl0ms — who's apparently made about $1 million from "NFT art experiments" — also has precedent for this work. He destroyed a urinal akin to the one made famous in 1917 by artist Marcel Duchamp, then sold 150 NFTs of video clips of the leftover bits in 2021. That NFT collection raised $500,000.

Lamborghini will unveil an enigmatic hypercar at the Frankfurt auto show

Lamborghini released a dark teaser image that previews a new model scheduled to break cover during the 2019 Frankfurt Auto Show. Posted on its official Instagram channel, the teaser shot asks more questions than it answers while giving us one more reason to look forward to the event. "Just open your eyes to the future," Lamborghini instructed its fans in the caption that accompanied the photo. That's not much to go off of, but the blacked-out image looks like it depicts the front of a low-slung supercar wearing Y-shaped LED running lights. The company's logo is the only other visible detail, but we see enough to tell whatever Lamborghini is teasing shares a few key styling cues with the striking Terzo Millennio concept unveiled as a design study in 2017.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.   The resemblance fills in another piece of the puzzle. Developed jointly with MIT, the Terzio Millennio ditched the Aventador's sonorous, naturally-aspirated V12 in favor of in-wheel electric motors fed by supercapacitor energy storage technology. These components aren't ready for production yet, but earlier rumors claimed the Terzo Millennio's strikingly futuristic design and proud emphasis on clean, eco-friendly performance would influence Lamborghini's first road-going gasoline-electric hybrid. We might be looking at the yet-unnamed model. Where it will slot in the Lamborghini range is up in the air, too. It's not replacing the Huracan, and the Aventador S is expected to stick around until the early 2020s. It doesn't look related to the high-riding Urus in any way, either, which hints it's a limited-edition model. Lamborghini has a proven history of previewing new cars with limited-edition models, so the Frankfurt-bound model could give the public an early taste of the car that will replace the Aventador S. We're also not ruling out the possibility that the car is somehow related to Lamborghini's interest in the new hypercar category created for the World Endurance Championship (WEC). None of these theories are mutually exclusive; the car could draw inspiration from the Terzo Millennio, hint at the Aventador's replacement, and give the Aston Martin Valkyrie a run for its money at Le Mans in 2020. The speculation around Lamborghini's next model will end when it makes its debut in Frankfurt 10.

'Rich Kid of Instagram' victim of supercar arsonists

A 19-year-old in the UK is smarting after the possibility that his prolific social media use may be at the heart of four family-owned supercars going up in flames in barely a week. Aleem Iqbal has thousands of followers on Twitter and Instagram paying attention to his frequent posts about the high-priced cars he's driving. He's even been featured on the Tumblr page Rich Kids of Instagram. It appears that some people might not be so smitten with him, though.
According to his Twitter profile, Iqbal owns Platinum Executive Travel, a luxury car rental company in the England, and UK newspaper The Telegraph claims the company is also owned by Iqbal's father. On June 6, cameras caught three hooded men setting fire to a Lamborghini Aventador Roadster leased by the company for a wedding. A few days later, two Audi R8 Spyders and a Bentley Continental Flying Spur from Platinum also got the torch, and two men were caught on camera setting the blaze. Nobody was hurt in either of the attacks, and the Aventador appeared to be repairable with the fire causing most damage to the passenger seat and dashboard. Police are still investigating both of the crimes.
According to The Telegraph, Iqbal believes that the arsons could have stemmed from jealousy towards him and his family's business. Regardless, setting fire to a bunch of cars that are likely insured isn't a great way to show displeasure.