Automaker DeLorean Launches Electric Vehicle Reservation NFT System on Sui

According to reports from Cointelegraph, automaker DeLorean has launched an electric vehicle reservation NFT system on the Sui blockchain. Users holding the 'Build Slot NFT' can get priority to purchase the new Alpha 5 EV electric vehicle, which is the brand's first new model in over 40 years. DeLorean has established a dedicated NFT marketplace that allows users to trade reservation rights using the USDC stablecoin. The company stated it will utilize the FLUX protocol to put data such as vehicle battery health and maintenance records on the blockchain, facilitating used car transactions. The project also launched the utility token DeLorean (DMC).