DeLorean has introduced a unique onchain reservation system and NFT marketplace for its upcoming electric vehicle release. The Build Slot NFT collection offers priority access to purchase the Alpha 5 EV, the carmaker's first vehicle in over 40 years, inspired by Back to the Future. Through blockchain technology, DeLorean records vehicle data onchain using the FLUX protocol, making it easier for enthusiasts to bid or resell cars. The company also launched a utility token, the DeLorean ($DMC) token, showcasing its interest in digital assets. NFTs are now serving as digital passports for luxury goods, providing benefits like reservation, maintenance, and resale services. Brands like Louis Vuitton are exploring NFTs to enhance their appeal and create a sense of scarcity and community value. LVMH Group's AURA platform represents luxury items as unique NFTs with detailed information. DeLorean's innovative use of NFTs signals a new standard in the automotive industry. Read more AI-generated news on: https://app.chaingpt.org/news

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