DeLorean Labs is the official Web3 branch of the iconic brand DeLorean Automobile Company (DMC), with a high focus on innovative technology and digitalization, perfectly blending the iconic past with an infinite future. DeLorean adheres to its innovative tradition and launches the world's first tokenized electric vehicle based on the DeLorean protocol. The DeLorean Agreement is the industry's first on-chain car booking, trading and analysis system. The agreement aims to provide consumers with a seamless and transparent ecosystem that allows them to digitally purchase, trade, authenticate and track cars in ways that have never been possible. DeLorean will provide the industry with proven and tamper-free confirmation of vehicle ownership, maintenance, usage data and driving statistics, and the ability to track vehicle performance analytics with unparalleled accuracy and reliability. At the heart of the DeLorean ecosystem is $DMC, a token that is both culturally meaningful, practical and iconic Web2 brand-backed.