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Carmaker delaorean tokenizes ev reservation in sui


Delaorean has launched an onchain reservation system and the unconventional token market (NFT) for the upcoming power vehicle launch, introducing a new blockchain -based approach for reserving and selling cars.

According to Delaorean, the build slot NFT collection of those who provide the priority of accessing the purchase of the upcoming Electric car by Delorean, Alpha 5 Ev. The model was the first carmaker vehicle for 40 years, inspired by the iconic flux capacitor from the film back to the future.

The company has created an exclusive market for NFT holders, where users can buy or exchange NFTs using USDC (USDC) Stablecoin on the SUI network and get rewards.

Delaorean said the history of each vehicle and performance data can be recorded on the onchain through flux protocols, including key data such as battery health, maintenance notes, accident history, and proven odometer reading.

This detailed data makes it easier for auto enthusiasts to bid or resonate vehicles in the second market, the company said.

Delaorean NFT platform. Source: Delorean

“Since Delaorean’s emergence in the 1980s, the brand stood as a symbol of vision, rebellion, and futuristic change,” said Cameron Wynne, the chief brand official in Delaorean. “By using blockchain technology, we set a new standard for the automotic industry,” Wynne said.

The NFT-based reservation system and the tokenization of an electrical vehicle signal interest in Delorean’s electrical vehicle in digital assets. The company is also the first Carmaker to introduce a utility token, the token of Delaorean ($ DMC).

Tokenomics of DMC. Source: DELOREANLABS

Expensive brands that explore blockchain, nfts

NFTs become a digital passport for expensive goods, which relates to the full benefit of the lifecycle such as reservation, maintenance, resale, and membership services.

By acknowledging luxury products using NFTs, Brands They can enhance their technological appeal while strengthening a sense of community deficiency and value.

Global Fashion Brand Louis Vuitton NFT was in 2023, which offered an exclusive NFT access to some products such as a $ 6,400 digital mini trunk, a $ 9,000 bag and a varsity jacket worth $ 8,400.

The LVMH Group launched the Blockchain -based aura platform, where expensive items are represented as unique NFTs containing information such as the source of raw materials, labor date and maintenance history.

https://www.youtube.com/watch?v=qpg829VWum8

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