PANews reported on July 1 that DeLorean Labs, the Web3 division of DeLorean Automobile Company, announced that its token $DMC will support a zero-inflation staking rewards program through direct repurchase of future revenues related to the DeLorean brand. These revenues include brand cooperation, merchandise sales, metaverse cooperation, and future vehicle sales.

DeLorean Labs said the move aims to set an example for creating a sustainable business model for Web3 and hopes to become a catalyst for promoting the on-chain development of other Web2 brands.

According to previous news, Binance Alpha and Binance Contracts will list DeLorean (DMC) .