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Italian automaker <keyword id="75789" type="General" weightage="20" keywordseo="lamborghini" source="Orion">Lamborghini</keyword> has announced that it is set to release its first<a href="https://www.businessinsider.in/cryptocurrency/news/kavin-bharti-mittal-dives-into-what-hikes-version-of-the-metaverse-is-going-to-look-like/articleshow/89109609.cms" data-type="tilCustomLink"> NFT</a> (non-fungible token) next month. Lamborghini is joining Nike, Samsung and other tech companies in embracing <keyword id="902592" type="General" weightage="20" keywordseo="nfts" source="Orion">NFTs</keyword>. <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> "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. The digital component is an NFT of a photograph, that depicts a Lamborghini Aventador Ultimae, lifting off toward the stars.A Oefner created a total of five separate images that depict individual moments within seconds from each other as the car rises above the earth. 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.

Lamborghini launches its first NFT containing carbon fibre sent to space

<ul><li>An <keyword id="4668945" type="General" weightage="80" keywordseo="nft" source="Orion">NFT</keyword> artist blew up a <keyword id="75789" type="General" weightage="100" keywordseo="lamborghini" source="Orion">Lamborghini</keyword> to protest crypto investors’ “get rich quick” mindset and is now poised to get rich fairly quickly himself.</li><li>Shl0ms plans to auction off recorded imagery of the Lamborghini's 999 separate pieces on February 25, each of which is likely to sell for at least 0.5 Ether.</li><li>This comes to at least $1 million for blowing up a car that was bought for $250,000.</li></ul>If you can blow up a Lamborghini, protest a “get rich quick” mindset in crypto, then sell the pieces a week later as NFTs to potentially make a million-dollar profit, would you do it? Shl0ms, an <a href="http://coindcx.com">NFT</a> artist, is on track to-do just that by February 25, with his<a href="https://car.shl0ms.com/"> ‘$CAR’ collection</a> of NFTs. <div type="twitter" handle="SHL0MS" handlename="𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪" image="http://pbs.twimg.com/profile_images/1490511512791777282/1nKZzh3F_normal.png" favoritecount="1411" retweetcount="292" status="𒄭/𒐤𝚒𝚗𝚝𝚛𝚘𝚍𝚞𝚌𝚒𝚗𝚐 $CAR:𝟿𝟿𝟿 𝚎𝚡𝚚𝚞𝚒𝚜𝚒𝚝𝚎𝚕𝚢 𝚏𝚒𝚕𝚖𝚎𝚍 𝚏𝚛𝚊𝚐𝚖𝚎𝚗𝚝𝚜 𝚘𝚏 𝚊 𝚍𝚎𝚝𝚘𝚗𝚊𝚝𝚎𝚍 𝙻𝚊𝚖𝚋𝚘𝚛𝚐𝚑𝚒𝚗𝚒 𝙷𝚞𝚛𝚊𝚌𝚊𝚗𝚏𝚞𝚕𝚕 𝚎𝚡𝚙𝚕𝚘𝚜𝚒𝚘𝚗 𝚏𝚘𝚘𝚝𝚊𝚐… https://t.co/zrhVL74rdo" createdat="1645138807000" id="1494446592463720448"></div> The first step was purchasing a second-hand Lamborghini Huracan car at $250,000. The second was to blow it up with the help of an explosives expert, filming it along the way. The third step was to state in an interview, that this action is a protest against the short-term outlook and “get rich quick” mindset among many <a href="http://blog.coindcx.com">cryptocurrency</a> investors. The fourth and final step was to turn the car’s charred remains into an NFT collection comprising 999 pieces, with nothing left to do but watch the money come in. <cmsannotation type="cmsannotation" annotationid="Shl0ms did the math" comment="subhead" text="Shl0ms did the math">Shl0ms did the math</cmsannotation> Despite their ostensible “crypto believer” protest against investor mindsets, the artist seems to have done the math. Keeping in mind that Shl0ms is a recognisable NFT artist, their work is likely to command between 0.5-1 Ether for each NFT item. The upcoming $CAR collection sale consists of 888 items. At current exchange prices, that would mean mopping up between $1.12-2.24 million in total. So even if the artist had spent a million dollars upon the Lamborghini project in total, their profit is a minimum of 12% well above bank interest rates. <cmsannotation type="cmsannotation" annotationid="If you hate Lamborghinis enough…" comment="subhead" text="If you hate Lamborghinis enough…">If you hate Lamborghinis enough…</cmsannotation> Shl0ms initially tweeted the idea of ‘physically fractionalising’ a Lamborghini in September 2021, with followers choosing to destroy the car chaotically. The artist further<a href="https://twitter.com/SHL0MS/status/1433067615719772166"> clarified in a tweet</a> that he wanted “to be clear” that he “hates” Lamborghinis, which is why wants to destroy one. To make the idea a reality, the artist funded most of the project from their own pocket with one other entity who backed it. The goal was to blow up the Lamborghini car, but not incinerate it — ensuring that there was enough left behind to sell. Accordingly, after building out a 100-member team, they blew up a different car first, for practice. To handle the significant firepower that can blow up a car, the team hired a licensed explosives engineer, who reportedly said this was his most challenging detonation thus far. The Lamborghini was eventually detonated on February 2, with<a href="https://twitter.com/SHL0MS/status/1494446592463720448"> the video</a> being uploaded to Twitter on February 18, and NFT sales<a href="https://car.shl0ms.com/"> planned for</a> February 25. <cmsannotation type="cmsannotation" annotationid="So, what exactly is selling as an NFT?" comment="subhead" text="So, what exactly is selling as an NFT?">So, what exactly is selling as an NFT?</cmsannotation> After the explosion, the team claims to have picked up the pieces and recorded each one at 4K video quality. The NFT collection will consist of 999 items. Of that, 111 items will be granted to the team and initial fund provider. The remaining 888 will be put up for sale. Sale proceeds will be used to form a decentralised autonomous organisation (DAO). In stark contrast to the “when lambo?” credo of those who want to get rich quick through crypto, Shl0ms claims that, the DAO will only allow people “who hate lambos” and be ethically minded, because “crypto technology is incredibly promising, there are so many good things we could do with it.” <cmsannotation type="cmsannotation" annotationid="Who is Shl0ms?" comment="subhead" text="Who is Shl0ms?">Who is Shl0ms?</cmsannotation> In an interview with The Block, Shl0ms claims to not have a ‘traditional artist background’, but has an artistic flair, a penchant for conceptual thinking. They have been familiar with the crypto industry since 2016. The artist has previously raised $500,000 from their<a href="https://www.shl0ms.com/about-fntn"> $FNTN collection</a> of NFTs in 2021. Their artwork is available for trade on<a href="https://opensea.io/shl0ms?tab=created"> OpenSea</a> and<a href="https://foundation.app/@shl0ms"> Foundation</a>. At least one of their NFTs had last<a href="https://foundation.app/@shl0ms/foundation/8173"> sold for $80,000</a>, with many other thought-provoking NFTs like<a href="https://foundation.app/@shl0ms/foundation/29770"> the captcha</a> that last sold for over $9000.

NFT artist blows Lamborghini to 999 pieces — now stands to make at least $1 million

<a href="https://www.businessinsider.com/how-ai-boost-income-side-hustles-multiple-jobs-eighty-billion-2023-9"></a><ul class="summary-list"><li>This post originally appeared in the Insider Today newsletter.</li></ul>Hey there! Winning the lottery can come with headaches. Just ask Randy Rush, whose $37 million payday <a href="https://www.insider.com/i-won-37-million-lottery-got-scammed-by-best-friend-2023-9" target="_blank" rel="noopener">wrecked relationships</a> with his mother and best friend. In today's big story, we're looking at how generative AI is making it <a href="https://www.businessinsider.com/how-ai-boost-income-side-hustles-multiple-jobs-eighty-billion-2023-9" target="_blank" rel="noopener">easier for people to hold multiple jobs</a>, and it's a trend everyone seems on board with.What's on deck: <ul><li>Markets: The Fed <a href="https://www.businessinsider.com/did-fed-pause-raise-interest-rate-hikes-september-inflation-recession-2023-9" target="_blank" rel="noopener">takes a breather</a> on rate hikes.</li><li>Tech: Another IPO means <a href="https://www.businessinsider.com/klaviyo-ipo-stock-shares-who-got-rich-2023-9" target="_blank" rel="noopener">another payday</a> for cofounders and VCs.</li><li>Business: Why Asia is winning the battle to get <a href="https://www.businessinsider.com/rto-has-won-in-asia-workers-returning-to-office-2023-9" target="_blank" rel="noopener">workers back in the office</a>.</li></ul>But first, I'm working on a couple of things.If this was forwarded to you, <a href="https://www.businessinsider.com/subscription/newsletter/insider-today">sign up here.</a><h3>The big story</h3><h2>Hustle harder (with AI)</h2><a href="https://www.businessinsider.com/subscription/newsletter/insider-today"></a><a href="https://www.businessinsider.com/how-ai-boost-income-side-hustles-multiple-jobs-eighty-billion-2023-9"></a><div type="image" title="robot hands doing work on a computer" height="960" width="1280" msid="103843276" hostid="261" sizebytes="63742"></div>The rise of AI could mean giving you more jobs instead of taking yours away.A new study from Morgan Stanely makes the case that generative AI will enable <a href="https://www.businessinsider.com/how-ai-boost-income-side-hustles-multiple-jobs-eighty-billion-2023-9">people to work multiple jobs</a>, writes Insider's Alistair Barr. In the US alone, multi-earning has increased 11% over the past year, largely thanks to the rise of generative AI tools like ChatGPT.All that extra work will lead to some big money. In a best-case scenario, multi-earning income globally could reach $1.4 trillion by 2030, with more than 20% coming from generative AI, according to the bank.Affiliate marketing, content creation, graphic and web design, and programming were among the jobs identified by Morgan Stanley that could see a boost from generative AI. It's a trend at least one cohort is already embracing: Generation Z. New research from EY found that nearly 40% of Gen Zers had a <a href="https://www.businessinsider.com/gen-z-side-hustles-full-time-job-financial-security-ey-2023-9">side hustle to earn extra money</a>. Adding fuel to the fire is the fact bosses don't seem to care if their employees are working multiple jobs, albeit with one caveat. The vast majority of executives (82%) had no issue with employees using AI to work multiple jobs <a href="https://www.businessinsider.com/workers-with-ai-chatgpt-skills-can-have-two-jobs-executives-2023-9">as long as they got their work done</a>, according to a survey from education platform edX.The rise of multi-earning due to AI could lead to fascinating developments in the labor market. To be sure, executives' acceptance of employees working multiple jobs might be short-lived. From conflict of interest concerns to wanting workers' full attention, some bosses might eventually put the kibosh on multi-earning. But that doesn't mean the trend will die. Some Gen Zers might take things further and just embrace being a full-time freelancer. Gen Z already doesn't <a href="https://www.businessinsider.com/gen-z-trust-issues-government-business-college-other-people-institutions-2022-8">tend to trust big businesses</a>, often opting for small companies or starting their own ventures. And while plenty of Gen Zers <a href="https://www.businessinsider.com/gen-z-wants-to-go-in-office-bosses-dont-2023-7">want to be in the office</a>, many of their <a href="https://www.businessinsider.com/fight-return-to-office-mandates-remote-work-amazon-apple-2023-3">older colleagues don't</a>, another potential deterrent to pursuing a traditional career.Add in the fact Gen Z has a knack for <a href="https://www.businessinsider.com/how-gen-z-is-changing-work-most-pro-labor-generation-2022-11">upsetting the status quo</a>, and it's not hard to see them leverage AI tools to become their own boss. That shift might be a welcome change for big companies. Some managers have already voiced their <a href="https://www.businessinsider.com/managers-speak-out-about-experiences-with-gen-z-employees-2023-8">displeasure overseeing Gen Zers</a>. And fewer full-time employees means a lower fixed cost for companies.Instead, companies can opt to contract out work they need on an ad-hoc basis. Consider this the latest iteration of the software-as-a-service trend: working as a service.<h2>3 things in markets</h2>Before the opening bell: US <a style="text-decoration: underline;" href="https://markets.businessinsider.com/premarket">stock futures</a> fell Thursday after the Fed signaled <a style="text-decoration: underline;" href="https://markets.businessinsider.com/news/stocks/stock-market-news-today-trade-federal-reserve-fomc-rate-hike-2023-9">rates could be higher for longer</a>.<a href="https://www.businessinsider.com/did-fed-pause-raise-interest-rate-hikes-september-inflation-recession-2023-9"></a><div type="image" title="Federal Reserve Board Chairman Jerome Powell speaks during a news conference" height="1440" width="1920" msid="103843278" hostid="261" sizebytes="116106"></div><ol><li>A break in the war on inflation. The Fed announced a <a href="https://www.businessinsider.com/did-fed-pause-raise-interest-rate-hikes-september-inflation-recession-2023-9">pause on interest-rate hikes</a> on Wednesday. But we're not out of the woods yet. Most Fed members who vote on rate decisions predicted one more hike this year.</li><li>NFT = Not funding those. It's been a hard crash for non-fungible tokens after they exploded on the investing scene in 2021. Nowadays, <a href="https://markets.businessinsider.com/news/currencies/nft-market-crypto-digital-assets-investors-messari-mainnet-currency-tokens-2023-9">95% of NFTs are effectively worthless</a>, according to a report by dappGambl. </li><li>The best quotes from the CEO of one of the most successful hedge funds in history. Renaissance Technologies CEO Peter Brown talked about everything from sleeping in the office to his hiring approach. Here are <a href="https://markets.businessinsider.com/news/stocks/renaissance-technologies-quant-fund-peter-brown-investing-hiring-ibm-sleep-2023-9">11 of his best quotes</a> from a recent interview.</li></ol><h2>3 things in tech</h2><a href="https://www.businessinsider.com/tesla-model-s-vs-bugatti-chiron-pur-sport-drag-race-2023-9"></a><div type="image" title="Bugatti on the left, Tesla on the right" height="960" width="1920" msid="103843280" hostid="261" sizebytes="105210"></div><ol><li>Video shows a Tesla Model S drag racing a $4 million Bugatti. The results were surprisingly close (both cars took 9.6 seconds to travel a quarter of a mile). It highlights how <a href="https://www.businessinsider.com/tesla-model-s-vs-bugatti-chiron-pur-sport-drag-race-2023-9">EV motors provide the neck-snapping quickness</a> previously reserved for the likes of Porches, Ferraris, and Lamborghinis.</li><li>Meet the Instacart mafia: 14 company alums who founded their own startups. They've collectively raked in at least <a href="https://www.businessinsider.com/the-instacart-mafia-14-former-employees-now-startup-founders-2023-9">$144 million from VCs</a>. And they're building companies across industries: insurtech, co-living, AI, and more.</li><li>The beneficiaries from Klaviyo's IPO. The marketing automation platform's CEO has a stake worth billions after the company went public. Others — including its chief product officer — also <a href="https://www.businessinsider.com/klaviyo-ipo-stock-shares-who-got-rich-2023-9">have valuable stakes in the company</a>.</li></ol><h2>3 things in business</h2><a href="https://www.businessinsider.com/fitness-tracker-step-counter-calorie-tracker-health-data-downside-2023-9"></a><div type="image" title="digital illustration of someone stressed out, surrounded by fitness lingo and images" height="949" width="1899" msid="103843281" hostid="261" sizebytes="152272"></div><ol><li>The distressing downside of fitness trackers. They certainly motivate some people to move around more. But for others, it's far from a silver-bullet solution for healthy living. Instead, the culture of self-optimization can <a href="https://www.businessinsider.com/fitness-tracker-step-counter-calorie-tracker-health-data-downside-2023-9">stand in the way of some people's well-being</a>.</li><li>US developers want to transform a Scottish village into a playground for billionaires. Thousands of locals are protesting the development. It would convert the previously abandoned Taymouth Castle into a <a href="https://www.insider.com/scottish-villagers-protest-against-private-community-for-billionaires-2023-9" target="_blank" rel="noopener">private clubhouse with a golf course</a>.</li><li>Nobody has figured out return to office — but Asia and Europe are winning the battle. Office occupancy in the Americas <a href="https://www.businessinsider.com/rto-has-won-in-asia-workers-returning-to-office-2023-9">sits at just 49%</a>. Meanwhile, Asia-Pacific's occupancy is 79%, and Europe's is 75%. Why? This disparity could be due to cultural differences, transportation, and government policies.</li></ol><h2>In other news</h2><a href="https://www.businessinsider.com/cassidy-hutchinson-alleges-rudy-giuliani-groped-her-january-6-memoir-2023-9"></a><div type="image" title="Rudy Giuliani and Cassidy Hutchinson" height="1499" width="3000" msid="103843282" hostid="261" sizebytes="192944"></div><ul><li>Former Trump aide claims Rudy Giuliani <a href="https://www.businessinsider.com/cassidy-hutchinson-alleges-rudy-giuliani-groped-her-january-6-memoir-2023-9">groped her</a> on the day of the January 6 riot.</li><li>Salesforce is reportedly <a href="https://www.businessinsider.com/salesforce-boomerang-executives-rejoin-company-layoffs-2023-9">trying to get former execs to return</a>, gifting them stuffed animals wearing boomerang shirts.</li><li>A 96-year-old judge has been suspended after a <a href="https://www.businessinsider.com/pauline-newman-judge-suspended-refusing-cooperate-health-probe-2023-9">bitter fight</a> that rocked a key federal court.</li><li>More and more doctors want to get <a href="https://www.businessinsider.com/more-doctors-get-certified-treat-obesity-ozempic-wegovy-2023-9">certified to treat obesity</a>.</li><li>Here's how famously frugal billionaire Warren Buffett <a href="https://www.businessinsider.com/how-warren-buffett-spends-money-net-worth">spends his money</a>.</li><li>The <a href="https://www.businessinsider.com/dining-etiquette-classes-teacher-common-manner-mistakes-2023-9">common mistakes</a> a dining etiquette expert sees among Americans.</li><li>A lawsuit claims Sam Bankman-Fried's father was upset with his <a href="https://www.businessinsider.com/sam-bankman-frieds-ftx-1-million-pay-dad-mom-2023-9">$200,000 salary at FTX</a>.</li><li>The <a href="https://www.businessinsider.com/starbucks-dome-cup-lids-are-infuriating-baristas-and-embarrassing-customers-2023-9">dome-lid woes</a> of Starbucks customers and baristas.</li><li>Insiders reveal why Microsoft's chief product officer <a href="https://www.businessinsider.com/why-microsoft-windows-surface-panos-panay-left-for-amazon-2023-9">left for Amazon</a>.</li><li>The key reasons Instacart's IPO <a href="https://www.businessinsider.com/understanding-instacarts-ipo-flop-grocery-business-hard-2023-9">flopped</a>.</li></ul><h2>What's happening today</h2><ul><li>President Joe Biden is hosting Ukrainian President Volodymyr Zelenskyy at the White House today.</li><li>The final season of "Sex Education" comes out on Netflix. </li><li>Happy International Peace Day. The United Nations General Assembly designated this day to promote non-violence.</li><li>Earnings today: Darden Restaurants (Olive Garden and LongHorn Steakhouse operator) <a href="https://markets.businessinsider.com/earnings-calendar" target="_blank" rel="noopener">and other companies</a>.</li></ul><h2>For your bookmarks</h2><h2>NFL nutrition</h2><a href="https://www.insider.com/nutrition-for-weight-loss-principles-eat-fiber-protein-2023-9"></a><div type="image" title="Mike Minnie helping someone" height="690" width="920" msid="103843284" hostid="261" sizebytes="26428"></div>An NFL nutritionist revealed three simple principles to get in shape and stay healthy for life. This includes nailing your fiber intake and <a href="https://www.insider.com/nutrition-for-weight-loss-principles-eat-fiber-protein-2023-9">understanding energy balance</a>.The Insider Today team: <a href="https://www.businessinsider.com/author/dan-defrancesco">Dan DeFrancesco</a>, senior editor and anchor, in New York City. <a href="https://www.businessinsider.com/author/diamond-naga-siu">Diamond Naga Siu</a>, senior reporter, in San Diego. <a href="https://www.businessinsider.com/author/hallam-bullock">Hallam Bullock</a>, editor, in London. <a href="https://www.businessinsider.com/author/lisa-ryan">Lisa Ryan</a>, executive editor, in New York City.

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Lamborghini launches its first NFT containing carbon fibre sent to space

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