DeLorean, Which Doesn't Make Cars Yet, Wants You To Buy Crypto
Briefly

DeLorean Motor Company has opened pre-orders for its Alpha5 electric vehicle, but the reservation process deviates significantly from traditional methods. Interested customers must first buy $2,500 worth of USDC, a cryptocurrency pegged to the dollar, and hold it in a digital wallet called Slush Wallet. Furthermore, a non-fungible token (NFT) must be purchased to secure a reservation. While this innovative approach may appeal to some, the lack of refunds and potential difficulties in selling reservations raise concerns for buyers.
DeLorean Motor Company requires customers to buy cryptocurrency and an NFT to reserve the upcoming Alpha5 EV, making the reservation process unique but risky.
Buyers must first register and purchase $2,500 worth of USDC, then acquire an NFT for car reservations, with no refunds available on purchases.
Read at InsideEVs
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