Sounds ingenuine, this token is yet another attempt to extract money from retailer.
The average people would've thought it's a car company goes web3 but in reality it's just another shitfest.
Seeing the chart of DMC alone it dumped 46% literally not too long after TGE and market cap is peanut, about $11m.
Сlassic race for hype and liquidity that may be grabbed - even utility projects may go to dust due to the greed / no proper funding / etc., but there.. We all probably understand what it is.