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 $DMC. I know NFT hype died a long time ago, but I think this is good one considering they have Build Slot NFTs, which reserves you for the upcoming Alpha 5 electric vehicle.
Besides their token, DMC offers potential real world utility like future vehicle purchases, access to rewards, and exclusive brand collaborations. Maybe who knows you can even buy one of their vehicles using the token, which is good for crypto as you can buy TESLA with bitcoin afaik. Although the token launches on 24th June, with listings and currently ongoing launchpool on bitget.
What do you guys think of this initiative project by the Delorean? Do you think the growth will be massive since they are into crypto??
Is this what you are saying op
https://www.coingecko.com/en/coins/delorean? It looks like this is what it is, the valuation achieved by this DMC is high,
but its daily volume trade is only at 400k$ plus. The gap between it and its valuation is quite far.
So, I there for conclude for me it looks okay for me, if anyone is going to invest here they are willing to gamble for it, that's just how it is, if they are lucky, this is all I seem to see.