DeLorean Revs Up Web3 with Patrick Stewart—On-Chain Car Marketplace Goes Live
DeLorean just shifted into crypto overdrive. The iconic automaker—yes, the Back to the Future one—unveiled an on-chain vehicle marketplace today, with Star Trek legend Patrick Stewart along for the ride. No word on whether time-travel functionality is included in the smart contracts.
Web3 meets horsepower
The platform promises ’true ownership’ via blockchain titles, cutting out dealership markups (and probably adding gas fees instead). Stewart’s involvement remains mysterious—maybe he’s prepping for a crypto-themed episode of ’Star Trek: Legacy.’
Another day, another niche marketplace
Because what crypto really needed was a $200K digital garage for NFT-wrapped supercars. At least it’s not another memecoin—though we’d bet on ’DeLorean Inu’ launching by Q3.
Image: DeLorean Labs
“A new frontier awaits…”
Stewart tweeted a dramatic, slickly produced 60-second spot to promote the Alpha 5, declaring, “A new frontier awaits…”
In the video, the “Star Trek” star said, "We find ourselves standing before the evolution of automotive science, where innovation meets an icon."
DeLorean’s chief brand officer Cameron Wynne said the company’s embrace of blockchain is a natural fit, as its brand stands for "vision, rebellion and futuristic innovation."
In a press release shared with Decrypt, Wynne said that DeLorean’s new on-chain reservation platform, "advances our commitment to transparency and security, giving our community direct access to the future of vehicle ownership."
The blockchain will also be used to deliver a transparent, Immutable ledger for each new DeLorean rolling off the production line, enabling buyers in the resale market to access authenticated data relating to its history and performance.
A native token called $DMC is set to launch at a later date, enabling holders to stake and earn rewards.
DeLorean Labs’ Web3 ambitions
The new marketplace is the brainchild of DeLorean Labs, a dedicated Web3 division, and the company has ambitions to roll out its marketplace model to other industries who WOULD benefit from on-chain solutions.
Build slots are available to reserve at marketplace.delorean.com in NFT FORM and can be purchased using USDC, one of the world’s best-known stablecoins. Issued by Circle, the digital asset is pegged on a 1:1 basis with the dollar.
Each slot costs $2,500, with the fee acting as a credit toward the cost of the Alpha 5 EV once it’s produced and delivered. Executives say it doubles up as a "ticket to owning a piece of DeLorean’s future."
Build slots with a lower number carry a higher priority for earlier delivery, meaning they could attract a premium in the future.
Once cars go into production, NFT holders will also be able to customize their vehicle—and have their say on everything from the vehicle’s color to its powertrain.
DeLorean said that intelligent, intuitive human design and craftsmanship are at the heart of its new vehicle, with builds set to commence at a later date.
Sponsored post by DeLorean
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