All of you might recognize this car company, Delorean, or shall I say the car from Back to the future movie?
Now I see they are exploring web3, the project is built on Sui Network, the initiative merges automotive legacy with digital innovation by introducing NFTs tied to future vehicle access and a utility token called $DMC. I know NFT hype died a long time ago, but I think this is good one considering they have Build Slot NFTs, which reserves you for the upcoming Alpha 5 electric vehicle.
Besides their token, DMC offers potential real world utility like future vehicle purchases, access to rewards, and exclusive brand collaborations. Maybe who knows you can even buy one of their vehicles using the token, which is good for crypto as you can buy TESLA with bitcoin afaik. Although the token launches on 24th June, with listings and currently ongoing launchpool on bitget.
What do you guys think of this initiative project by the Delorean? Do you think the growth will be massive since they are into crypto??
Honestly, this whole $DMC + NFT setup feels more like a cash grab than genuine innovation. Classic brand, sure, but I’ve seen this movie before — remember when Kodak and Atari tried to ride the crypto hype? Didn't end well.
If Delorean really wanted to make noise, I’d expect serious partnerships with core Sui devs like Mysten Labs, or even integrations with payment services like BitPay or Cryptomus. Instead, we’re getting Build Slot NFTs and a Bitget launchpool. No Binance Launchpad? That’s already a red flag.
Cool marketing, but I’ll wait and see if there’s actual utility behind the hype.