The car of dreams. A testament to entrepreneurship, creativity, ambition… and in the end, mostly at least, a dash of underperforming promise. Let's be honest, the original DeLorean was cool, but it wasn't exactly accessible to everyone. Now, DeLorean is making headlines again—this time with an EV and a new crypto token, $DMC. But is this another crypto hype train, or can it really help create a more inclusive automotive future?

Token to democratize electric vehicles?

Here's the unexpected connection: think about the early days of the internet. It did promise to democratize information, but in practice only to those who had the resources to establish their own portals. Next, were the tools and platforms that brought it to the masses. Might $DMC be that tool for the automotive world?

The promise is there. DeLorean Labs imagines $DMC powering an ecosystem where you’ll reserve and purchase—and even trade—Alpha 5 EVs with confidence. It goes deeper than that. Imagine a day when DMC holders participate in a robust DAO. They’ll vote on awesome platform improvements and cutting edge features! This vision is exceedingly bold and ambitious. It reflects a community-driven vision focused on creating the future DeLorean and possibly changing the whole EV game.

Let's be realistic. Our road to inclusivity has been full of obstacles. Price volatility is a real concern. Today’s market cap is sitting at roughly $22 million with a FDV of $99.35 million. Getting to that FDV will take time, and it depends on a lot: user adoption, successful partnerships, and the overall health of the Sui blockchain. In addition, there are regulatory uncertainties looming over the crypto world.

$DMC: Fueling Economic Opportunity?

What if $DMC was something greater than a reservation token? Imagine if it were an instrument of economic empowerment. Think about this:

  • Financing EV Purchases: Could $DMC be used to create a program that helps low-income individuals finance EV purchases? Imagine a system where staking $DMC earns you credits towards a down payment.
  • Rewarding Sustainable Driving: Could $DMC be used to incentivize sustainable driving practices? Imagine earning $DMC for charging your EV during off-peak hours or participating in carpooling programs.
  • Supporting Infrastructure Development: Could $DMC be used to fund the development of EV charging infrastructure in underserved communities? Imagine a DAO-governed fund that allocates resources to build charging stations in areas that need them most.

These are only thoughts, but they paint a picture of the possibilities for $DMC to not be just another sh#t-token. Or it can be a tool for creating a more equitable, sustainable, and less car-dependent automotive future.

Consider this: the traditional automotive industry has often been criticized for its lack of diversity and its contribution to environmental problems. Blockchain technology, given its focus on transparency and decentralization, provides an opportunity to take a different approach.

DeLorean's Dream: Reality or Mirage?

The DeLorean brand has a tremendous amount of cachet. It’s both a hunter of industry disruption and a monument to the folly that preceded it. The future of $DMC rides on DeLorean Labs capitalizing on that name recognition. It will take more than that; it will take moving beyond the challenges that sank the original DeLorean Motor Company.

Here’s the anxiety-inducing truth: reservation numbers are low. In fact, less than 600 people have placed a non-refundable $2,500 deposit to reserve their Alpha 5. That's a serious scalability concern. Can DeLorean Labs turn this around? Can they create an engaged and active community like $DMC and Alpha 5?

Look, I get it. We know that the crypto world can be daunting and overwhelming. There’s no question that blockchain technology holds extraordinary promise to democratize access to resources and connect people in new and more effective ways. While $DMC may be a long shot, it is an important first step in the right direction.

Don't just dismiss $DMC as another crypto gimmick. Do your research. Get involved in the community. Participate in the DAO when it launches. Support federal policies that incentivize the production of diverse and sustainable modes of transportation that move us beyond car-centric planning.

This isn't just about a car. It’s a role which seeks to realize a future where technology is owned and controlled by all—not just by an elite few. It’s as much about having a vision and then learning how to make that vision come to life. Even if that means going in some unanticipated directions to get there.