After months of uncertainty, customers who made deposits on San Antonio-based electric-vehicle startup DeLorean Motors ReImagined's Alpha5 model have some good news.In an email to some customers last week, DeLorean officials said they had contracted Toronto-based creative agency Otherlife to develop the company's long awaited NFT-exchange.
"DeLorean is a brand that embodies the spirit of innovation, and we are thrilled to be a part of this transformative project," Otherlife's man bun-wearing CEO Michael Perrow said in a statement."The path towards transparent vehicle analytics is a perfect use case for blockchain technology. It will provide the tool required for buyers in the secondary market to make informed decisions.
"The vehicle will be tied to our blockchain, where vehicle analytics will be stored," DeLorean Chief Technical Officer Ben Marquart told the."It will act as a transparent ledger so that initial owners and secondary owners will be able to access the vehicle's history via DeLorean's website.""Who cares if they've got some new partner for if it's worthless and nobody's going to want to buy them," DeLorean NFT holder Ken Brackins said.
Since setting up shop in San Antonio a little over two years ago, DeLorean has delayed car production several times and was, and then-Chief Marketing Officer Alan Yuan stepped up as his replacement. It's worth noting that Yuan was also named in the trademark infringement lawsuit with Karma.'s request for comment on the status of that marketing relationship.