What is DeLorean Labs?

(Source: DeLoreanlabs)

DeLorean Labs is an innovative laboratory under the DeLorean brand, aiming to create the world's first tokenized electric vehicle (EV) ecosystem. Through a technology framework called FLUX protocol, the platform integrates vehicle reservations, ownership tracking, maintenance records, and community participation mechanisms, addressing long-standing trust and efficiency issues in the traditional automotive industry.

Its ambition is not just another innovation on Web3, but to truly bring blockchain technology into the circulation, management, and usage of physical vehicles, allowing every participant to become a builder of the new era of the automotive industry.

Five Major Issues in the Traditional Automotive Industry

1. Deposit non-refundable? Pre-ordering slots are freely transferable.

Traditional vehicle models often require a high non-refundable deposit at the time of pre-order. DeLorean Labs introduces tokenized Build Slots, allowing users not only to participate in reservations but also to freely transfer or trade these reservation rights on the blockchain.

2. Fraud rampant? On-chain identity and vehicle history fully transparent

Fraud in vehicle condition and identity theft is common in the used car market. DeLorean utilizes the immutable characteristics of blockchain to record each car's maintenance records, performance data, and usage history on-chain, and through decentralized identity verification, it eliminates fraud and fake transactions.

3. Vehicle record fragmentation? The FLUX protocol creates a ledger for each vehicle.

Consumers find it difficult to obtain complete vehicle information, especially when querying across platforms, where efficiency is extremely poor. DeLorean puts all vehicle data on the blockchain and creates a full lifecycle vehicle ledger through the FLUX protocol, which is transparent, fair, and easy to trace.

4. The maintenance gap after the rise of electric vehicles? Community-driven new economy

As traditional internal combustion engines are gradually being phased out, the existing automotive repair system is also declining. DeLorean introduces community rewards and a token economy to incentivize users to participate in data uploads, parts verification, and knowledge sharing, establishing a new Web3-driven after-sales model.

5. Is Web3 complex and difficult to understand? Use brand trust to lower the entry barrier.

In the face of general user skepticism towards blockchain, DeLorean cleverly leverages the trust and appeal of its classic car brand to package Web3 technology as a tool that can directly improve user experience, rather than as obscure and complicated technical language.

Practical scenarios: Integrated interaction from digital to physical.

The DeLorean ecosystem is not limited to automotive hardware; it extends to branded merchandise, digital art, metaverse displays, and owner community interactions. For example:

• Participate in brand collaboration NFT auction using $DMC
• Holding a designated NFT can be exchanged for VIP reservation rights for limited edition models.
• Participate in community voting to decide the color or features of the next DeLorean electric vehicle.
• Purchase matching wearable devices and accessories, and achieve an immersive experience through AR.
• These applications make the $DMC token not just a chip in Web3, but also a bridge connecting the virtual and real worlds.

The tokenomics of DeLorean

The core driving force of the DeLorean ecosystem comes from its native token $DMC, with a total issuance of 12.8 billion tokens. The overall token distribution design aims to balance development resources, community participation, early investor incentives, and market liquidity, with the specific distribution as follows:

• 22% allocated to the Community & Ecosystem, used to incentivize user participation in ecological development, including governance voting, appointment construction slots, community activities, and platform interactions.
• 21% allocated to private seed investors, supporting early funding needs and strategic development of the protocol, with corresponding locking and releasing mechanisms.
• 18% reserved for Team & Advisors, rewarding core contributors who have participated in the project's development long-term, with a vesting schedule to ensure long-term commitment.
• 12% as Treasury reserves, specifically for future protocol development, risk management, and ongoing operational expenses.
• 12% allocated to strategic partners to support deep cooperation related to automotive manufacturing, Web3 technology, and retail channels.
• 7% for airdrop activities to expand the user base and reward early supporters and community participants.
• 6% allocated to market liquidity, ensuring that DMC has sufficient depth on major decentralized and centralized exchanges to support trading stability.
• 2% allocated to the Community Public Sale, open for general users to participate in the DeLorean ecosystem construction and future governance.

(Source: deloreanlabs)

This allocation model not only ensures the flexibility and sustainability of the DeLorean Labs protocol in resource allocation, but also allows every DMC holder to become a part of ecological development, from practical participation to brand co-creation, truly realizing the vision of a decentralized automotive industry.

The multiple functions of the $DMC token.

As the native token of the DeLorean ecosystem, $DMC is not only a means of payment but also a symbol of rights and a cultural currency. It enables users to:

• Pay vehicle construction reservation fee (Build Slot Reservation)
• Unlock limited edition NFTs and digital collectibles
• Participate in platform governance and voting proposals
• Obtain brand collaboration VIP benefits and exclusive products
• Participate in community economic activities and earn rewards

$DMC is a medium that connects legendary car manufacturers, fan culture, and decentralized technology, allowing holders to truly participate in the future development of DeLorean, rather than just being consumers.

DeLorean Build Slot Reservation Mechanism

One of DeLorean's most innovative features is the tokenization of Build Slots through blockchain, allowing each upcoming production slot to become a transferable and tradable NFT. Users can:

• Pay the reservation fee with $DMC
• Transfer the appointment to someone else
• Participate in the lottery and governance for limited edition models or special versions.
• Enjoy early bird discounts or reward airdrops according to the order of reservation.

It not only disrupts the traditional monopoly of dealers over the reservation rights but also allows users to truly own their car purchasing process.

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Summary

DeLorean Labs is not just rehashing a classic IP; it is reconstructing the future narrative of the automotive industry with an innovative model of Web3 × electric vehicles × physical property rights. As Doc Brown said, "If you are going to build a time machine, why not do it with a DeLorean?" Today, DeLorean once again takes on the role of that time machine, but this time, it is not traveling through time; it is driving towards the new world opened up by blockchain.