DeLorean has launched a new blockchain-based reservation system and NFT marketplace ahead of the release of its Alpha 5 EV.
NFT Reservation System for Cars
DeLorean has introduced the Build Slot NFT collection, which grants holders priority access to purchase the upcoming Alpha 5 EV. This model will be the company's first vehicle in over 40 years, inspired by the iconic flux capacitor from the movie "Back to the Future."
Technological Innovations and Benefits
The company has created an exclusive marketplace for its NFT holders, where users can buy or trade NFTs using the USDC stablecoin on the Sui network. DeLorean also plans to record each vehicle's history and performance data on-chain through the FLUX protocol, including key data like battery health, maintenance records, and odometer readings.
Trends in NFT Usage in Luxury Segment
NFTs are becoming digital passports for luxury goods, linking full lifecycle benefits such as reservation, maintenance, and resale. Brands like Louis Vuitton have started to use NFTs to enhance their technological appeal, offering exclusive access to certain products for NFT holders.
The introduction of the NFT system and blockchain technology in the automotive sector not only highlights DeLorean's interest in digital assets but also reflects current trends in using these technologies within the luxury segment.
