Grand Cayman, Cayman Islands, December 3rd, 2024
DeLorean Labs: First Token Issuer on Sui Launchpad
Republic, a leading investment platform for private market assets, has partnered with Sui Foundation to launch Sui LaunchPad, powered by Republic. This collaboration marks a milestone in onchain private investing, with DeLorean Labs (the web3 arm of DeLorean Motor Company) announced as the inaugural token issuer.
Key Features of Sui LaunchPad:
- Regulatory-Compliant Token Sales: Facilitates token offerings while ensuring compliance for retail, accredited, and institutional investors.
- Non-EVM Chain Integration: Sui becomes the first non-EVM chain integrated with Republic’s Launchpad.
- Investor Tools: Combines token distribution, investor access, and compliance infrastructure.
"Republic’s infrastructure aligns perfectly with Sui’s scalability, enabling high-volume token sales with low latency," said Matt Melbourne, Head of GTM at Republic.
Why DeLorean Labs?
As a pioneer bridging web3 and automotive innovation, DeLorean Labs will launch $DMC, the first native token by a car manufacturer. The token sale follows the sold-out mint of DeLorean’s Time Capsule digital collectibles, offering fans exclusive rewards like a 2026 DeLorean EV.
"We’re democratizing value for DeLorean fans globally," emphasized Evan Kuhn, President of DeLorean Labs.
Sui’s Ecosystem Advantage
Jameel Khalfan of Sui Foundation highlighted:
"Sui LaunchPad unlocks Republic’s investor network for Sui builders, accelerating ecosystem growth."
👉 Explore Sui’s high-speed blockchain infrastructure
FAQs
1. What is Sui LaunchPad?
A compliant platform for token sales on Sui, merging Republic’s investor network with Sui’s scalable blockchain.
2. How does $DMC token work?
$DMC serves as the native currency for DeLorean’s web3 ecosystem, offering utility and community benefits.
3. Is Sui LaunchPad open to all developers?
Yes, developers can apply to launch token projects via Sui’s partnership with Republic.
About the Partners
| Entity | Description |
|----------------|------------|
| Sui | A scalable Layer 1 blockchain leveraging Move language for fast, low-cost transactions. Learn more. |
| Republic | Global investment platform with $3B+ deployed across private markets. |
| DeLorean Labs | Web3 innovator under DeLorean Motor Company, launching the $DMC token. |
👉 Discover Republic’s investment opportunities
Disclaimer:
This content is informational only. Republic and Sui do not endorse third-party links. Consult a financial advisor before investing.
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