Understanding whether the DeLorean ($DMC) airdrop is worth participating in

Participation Index: ★★★★☆ (4/5)

Price Prediction: $0.015 - $0.03

Based on an initial valuation of approximately $77 million

The 4-star rating is purely based on nostalgia; after all, 'Back to the Future' was my introduction to time travel dramas.

Advantages:

1. Unmatched brand power:

'Back to the Future' created the iconic car DeLorean, no need to elaborate; even Doc Brown was brought in for collaboration, which is expected to attract a wave of web2 fans.

2. Top-notch strategic background:

President Evan Kuhn successfully founded and sold Canada’s first regulated exchange, which was later acquired by @wonderfi and is now part of Robinhood. The project itself has formed strategic partnerships with @SuiNetwork and @Mysten_Labs, providing elite-level technical credibility and ecosystem support.

3. Master-level market launch strategy:

Binance contracts will launch simultaneously 2 hours after the launch on Binance Alpha, with a maximum leverage of 50 times. This treatment is comparable to top-tier projects. Bitget's launchpool will also support this project.

Disadvantages:

1. Unknown token unlocking information:

A huge red flag, the project team has completely failed to disclose the unlocking plan for team (12%) and private seed round (16%) tokens. This portion of tokens accounts for 28% of the total supply. In case of a sell-off, the ICO price is around $0.006, which can serve as a reference point for the bottom.

2. Project execution issues:

Come on, are you really making cars?

And planning to deliver the physical electric car Alpha 5 in 2027.

Let’s not mention you haven’t made a car in 40 years; you’re starting by challenging electric vehicles—who’s the king of new energy now? Don’t you have a clue? Have you consulted CATL?

3. Fear of being cut by Web2:

There are too many examples of Web2 brands coming to Web3, harvesting a wave, and then running away. Let’s not criticize well-delivered ones like Maison Margiela for now; brands like Blvck Paris, Dolce & Gabbana, Louis Vuitton, and Emirates have numerous high-priced NFTs that still haven’t been delivered.

To be honest, the token itself isn’t very attractive; if there are truly wealthy individuals wanting to buy a car, it might be better to wait and buy directly.