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Carmaker DeLorean tokenizes EV reservations on Sui

cryptoweekly by cryptoweekly
May 22, 2025
in bitcoin, News
0

DeLorean is launching an onchain reservation system and marketplace on Sui, giving users priority access to its upcoming electric vehicle.

DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars.

According to DeLorean, its Build Slot NFT collection grants holders priority access to purchase DeLorean’s upcoming electric car, Alpha 5 EV. The model is the carmaker’s first vehicle in over 40 years, inspired by the iconic flux capacitor from the movie Back to the Future.

The company created an exclusive marketplace for its NFT holders, in which users can buy or trade the NFTs using the USDC (USDC) stablecoin on the Sui network and will be able to earn rewards.

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Recent Posts
  • SOL price rally to $200 brewing, but 3 key catalysts must happen first
  • Pavel Durov warns France is experiencing societal collapse
  • Bitdeer to offer $330M convertible notes to expand operations
  • US DOJ files to seize $225M in crypto tied to pig butchering schemes
  • New York authorities freeze $300K linked to crypto scammers
  • Bitcoin supply squeeze intensifies as ‘ancient’ holders eclipse newly mined BTC
  • Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

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