DeLorean Advances Its Commitment to Innovation and Engagement by Launching DMC Token
January 13 2025 - 8:12PM
Business Wire
DeLorean Labs announces token presale launching
on Republic’s Sui LaunchPad
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.
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the full release here:
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Delorean Labs (Photo: Business Wire)
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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Jonah Tuls jonah.tuls@wachsman.com