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DeLorean Advances Its Commitment to Innovation and Engagement by Launching DMC Token

Jan 13, 2025 · Source: businesswire
DeLorean Advances Its Commitment to Innovation and Engagement by Launching DMC Token

TORTOLA, British Virgin Islands--()--DeLorean Labs, the web3 arm of the iconic DeLorean brand, has announced the launch of its token presale on Republic’s Sui LaunchPad, which will be the first token issued on the innovative platform. The public presale opens on January 21, 2025, with eligibility to gain early access by signing up to the allowlist on DeLoreanLabs.com by January 15, 2025.

This milestone signifies a transformative step for DeLorean as it embraces cutting-edge web3 technology to engage with its global community in unprecedented ways. For the first time in more than 50 years, individuals worldwide can actively participate in DeLorean’s evolving ecosystem, bridging the gap between blockchain innovation and one of the world’s most iconic brands.

“This launch marks a groundbreaking moment for DeLorean, as it allows us to forge deeper connections with our community through web3 technology while setting a new standard for innovation in the automotive and blockchain industries,” said Evan Kuhn, president of DeLorean Labs. “By leveraging the power of blockchain, we are not only transforming how we engage with our audience but also redefining what it means to be a forward-thinking brand in today’s digital age. This is just the beginning of our journey to build a truly collaborative and innovative ecosystem.”

The Sui LaunchPad, powered by Republic provides an integrated ecosystem for creating utility tokens, facilitating regulatory compliance, and facilitating distribution to retail and institutional investors into a cohesive ecosystem.. DeLorean Labs’ debut as the first token on the platform underscores its commitment to driving innovation and setting new standards in web3.

"We are thrilled to collaborate with DeLorean Labs for their token presale on Republic's Sui LaunchPad, as this collaboration not only showcases DeLorean's innovative spirit in the web3 space but also leverages Republic’s platform to make this iconic brand accessible to a new generation of investors." said Caitlin Szikszai, Go-To-Market Manager at Republic. “By providing a secure and compliant environment, we're excited that fans and enthusiasts of DeLorean can participate in this historic moment, truly democratizing investment in one of the world’s most recognizable brands. It's a perfect synergy between DeLorean's legacy of innovation and Republic's mission to empower individuals globally."

To ensure a broad and inclusive token launch, DeLorean Labs has partnered with multiple web3 communities to provide allowlist access ahead of the public presale. This approach aims to prioritize loyal supporters and early adopters, offering them the first opportunity to participate in this groundbreaking moment in DeLorean’s storied history. Through its community-focused approach to the presale, DeLorean Labs reinforces its commitment to building a vibrant and collaborative web3 ecosystem.

"This announcement is a testament to the power of blockchain in connecting traditional brands with modern technology, and we're excited to see how DeLorean expands its community and legacy through this groundbreaking initiative," said Christian Thompson, Managing Director at Sui Foundation. "The integration of DeLorean into the Sui ecosystem not only brings a piece of automotive history into the digital age but also demonstrates how blockchain can be used to foster new forms of community interaction and brand engagement. This launch is just the beginning of what we believe will be a series of innovative projects that will further cement Sui's reputation as a leading platform for blockchain-based ventures."

This launch follows the sold-out mint of DeLorean’s digital Time Capsules, which allowed participants to win prizes, including a 2026 DeLorean EV, further showcasing the brand’s ability to engage digital communities.

Click here to join the Allowlist: deloreanlabs.com.

Important Notice: The official DeLorean $DMC Contract Address has not yet been published. When available, it will be posted on DeLoreanLabs.com. No other Contract Address will be recognized by DeLorean.

Disclosure: https://republic.com/delorean-disclosure

This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by OpenDeal Broker LLC dba the Capital R (“ODB”), Member FINRA & SIPC, or Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) or any of their affiliates.

OpenDeal Broker LLC and Republic Advisory Services are subsidiaries within a family of companies owned by OpenDeal Inc. (together sometimes referred to as “Republic”). Republic and its affiliates do not provide tax, accounting or legal advice — all recipients are advised to consult with their own advisor.

Neither OpenDeal Broker LLC nor Republic Advisory Services nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by DeLorean (BVI) Inc. (“DeLorean”) or its affiliated companies. This web page may contain external links to third-party content (content hosted on sites unaffiliated with OpenDeal Broker LLC or Republic Advisory Services), and neither OpenDeal Broker LLC nor Republic Advisory Services nor any of their affiliates makes any representations whatsoever regarding any third-party content/sites that may be accessible directly or indirectly from this post. Linking to any such third-party sites in no way implies or constitutes an endorsement or affiliation of any kind between OpenDeal Broker LLC or Republic Advisory Services (or any of its affiliates) and any third-party.

About DeLorean

For more than 40 years, DeLorean has been a renowned automotive brand rooted in counterculture. Building on the authenticity of the iconic DMC-12, the company is creating a new and electrifying vehicle designed to push the boundaries of what’s possible. Intelligent intuitive human design and craftsmanship. Applying its rebellious DNA, DeLorean is writing its legacy in real-time while instinctively adapting to the future.

About Republic

Republic is a global financial technology company that allows anyone to invest in anything, anywhere. Republic operates several distinct business lines including a retail investment platform, a private capital division, and a blockchain advisory practice. The Republic ecosystem has raised $2.6B+ in investments, has supported over 600 companies, and comprises a community of over 3M+ users across over 150 countries. Republic is backed by dozens of leading investment firms and financial institutions and its affiliated entities have co-invested with the best names in venture and private equity. Founded in 2016, Republic is headquartered in New York City with offices worldwide.

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