Bitget Launchpool to List DeLorean (DMC), Offering 66 Million Tokens in Rewards
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the upcoming listing of DeLorean (DMC) on its Launchpool platform, with a total reward pool of 66,176,000 DMC tokens. Participants will have the opportunity to lock BGB or DMC tokens to earn a share of the reward allocation. The locking period will begin on June 24, 2025, at 11:00 UTC and conclude on June 26, 2025, at 11:00 UTC.
DeLorean Labs, the Web3 division of the DeLorean Motor Company, is integrating blockchain into the automotive sector with a platform designed for tokenized electric vehicles. Through the DeLorean Protocol, the company has created an ecosystem where vehicle ownership, usage, maintenance, and transaction history are stored on-chain. The protocol enables a verified, trackable and tradable experience for collectors and consumers, with real-time data integrated into digital assets. The $DMC token operates as the backbone of this environment, driving interactions across reservation systems, vehicle marketplaces, and data services.
The Launchpool campaign will feature two separate pools. The primary pool allows users to lock Bitget's native token, BGB, with 59,776,000 DMC tokens allocated for eligible participants. A second pool offers an additional 6,400,000 DMC to those who choose to lock DMC tokens directly. Participation tiers and locking limits vary based on user VIP level, with proportional airdrops distributed on an hourly basis throughout the campaign. Locked assets will remain accessible for early unlocking at the user's discretion, and are automatically returned upon the campaign's end.
The introduction of DeLorean (DMC) via Launchpool follows Bitget's broader strategy to highlight utility-focused tokens that combine real-world application with strong brand equity. DeLorean's transition into a tokenized mobility platform represents a notable intersection of automotive innovation and blockchain infrastructure, aligning with ongoing trends toward asset digitization and on-chain transparency.
The DMC token will be available for trading on Bitget following the conclusion of the Launchpool campaign.
To know more about the DMC token listing please visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Eater
9 hours ago
- Eater
Greek Group Balos Announces New Italian Restaurant Downtown
Skip to main content Current eater city: Washington, D.C. Plus, Carmine's marks 15-year milestone and more intel Jun 27, 2025, 9:08 PM UTC Downtown is getting a chic Italian spot from rapidly expanding Balos Restaurant Group. The upscale newcomer will be called Sorella, per a rep, and span nearly 10,000 square feet (1800 M Street NW). Landlord Columbia Property Trust, which is in the midst of renovating the 10-story office tower, confirms the 15-year restaurant lease on the ground floor. While the 'all-new concept' is in the 'very early stages,' the look and menu is going for 'Amalfi Coast' vibes. Co-owners Joe Ragonese, Tom Tsiplakos, and Stefanos Vouvoudakis are best known for Balos Estiatorio, the napkin-throwing Greek hot spot in nearby Dupont (and celebratory site of Washington Capitals NHL star Alex Ovechkin's record-breaking goal). Its New York-styled sibling Bar Angie, which debuted in April in the West End, will soon expand across state lines with the opening of the much-bigger Angie in Arlington, Virginia. Vouvoudakis and Tsiplakos are also behind NY-born For Five Coffee Roasters, which also fuels the restaurants' espresso martini programs. Sorella plans to debut in spring 2026, joining Pret A Manger and Slapfish at the base of the building. Penn Quarter's 750-seat Southern Italian staple Carmine's just turned 15, and to celebrate, chef Glenn Rolnick put a lighter, summery spin on its traditional lasagna. The all-veggie, 'pinwheel' platter feeds up to six and features spinach lasagna sheets from Rafetto's NYC. Carmine's will donate 20 percent of each $37.95 order sold to DC Central Kitchen. A who's-who of D.C. cut a 15-foot-long version this week to commemorate the big birthday. With 20,000 square feet and nine private dining rooms, Carmine's is considered the city's biggest restaurant (425 7th Street NW). Lasagna pinwheels feature sundried peppers, ricotta and mozzarella cheeses, roasted eggplant, basil, and plum tomato sauce. Chicatana, a breakout star in Columbia Heights' crowded taco scene, suffered extensive damage in the late hours of Wednesday night. Per DC Fire, a mechanical fire occurred in the kitchen (with no injuries reported), and the restaurant will remain closed until renovations are completed. The 3-year-old spot, which recently relocated to the nearby 14th Street NW space that formerly housed DC Corazon, caters to daring diners with generous use of ants and grasshoppers — a delicacy of its chef's native Guerrero. Due to its proximity, Italian standby Little's Coco's was also forced to close until Monday, June 30 'to deep clean for smoke.'
Forbes
9 hours ago
- Forbes
How Blockchain Is Reshaping Commerce, One Wallet At A Time
Jamie Elkaleh is the Chief Marketing Officer at Bitget Wallet. In the world of shopping, blockchain is emerging as an undeniable game changer; from enabling faster, borderless payments to reducing fees and improving transaction efficiency, the possibilities are endless and exciting. One of blockchain's most remarkable capabilities is facilitating true democratization, empowering businesses and individuals: Web3 provides merchants with lower costs and eliminates reliance on banks, offering relief from geographic, political and regulatory complications. It functions transparently; everything is available on a public ledger, allowing businesses and consumers a clear view for navigating the digital economy. It creates access to digital-first customers, as well as an opportunity to "bank the unbanked," helping those traditionally excluded from financial services due to restrictive requirements. Blockchain wallets are no longer just a more sophisticated version of electronic money. They serve an array of real-world purposes beyond just storing assets: Users can earn interest, shop and send instant, low-cost borderless payments—especially for remittances, which are growing rapidly worldwide. With Web3 and blockchain, transactions that used to take days and involve high fees can now happen in seconds with much lower costs. Blockchain is opening a world of user-friendly payment alternatives that challenge traditional financial systems—offering solutions that are cheaper, faster and more accessible. Reducing Barriers To Entry Of course, there are obstacles to inclusion. One of the biggest is the technological learning curve. That's something our company is actively working to address by providing educational resources in local communities. Even with traditional banking, accessibility is an issue. More and more high-street banks are closing down, and the days of walking into a branch and speaking to someone in person are disappearing. Everything is moving online and becoming automated, or shifting to rely on AI chatbots. Consequently, we counter the argument that blockchain is 'too complicated' by asserting that even traditional finance is becoming harder to navigate for certain demographics. We believe strongly that putting technology directly into communities and making it as easy as possible to use is both a business and ethical imperative. Creating pathways for the comprehension and use of blockchain technology allows companies not only to expand their user base but also to help these users (for instance, by minimizing issues like chargebacks, since blockchain transactions are transparent and verifiable by anyone). Companies whose business is blockchain should consider the fact that in order to gain maximum buy-in, it's essential to upskill and educate users—particularly those in local constituent communities—on how blockchain can empower their daily lives. The mission cannot be merely about introducing people to 'your' proprietary technology; rather, it should be viewed as providing them with tools they can actually, meaningfully use for their own financial betterment. For our company, this has meant not just working with individuals but also onboarding merchants, so they can learn to accept digital payments and, in doing so, realize a huge gain (eliminating high banking fees, streamlining operations). By educating them, we're helping them increase profitability and expand their customer base. We believe this education is part of our role; our success relies on users understanding the potential of these solutions. Revolutionary Trust And Accessibility One of the reasons it's so important that individuals and merchants understand blockchain is that it has changed commerce dramatically—particularly the way people shop. Blockchain enhances trust between producers, merchants and consumers. Companies like Walmart and IBM are already using enterprise blockchain solutions to track their supply chains internally. The next step is making that information public—allowing consumers to verify a product's entire journey from production to purchase, allowing them to assess everything from freshness to authenticity to ethical sourcing. Blockchain is bridging the gap between digital currencies and everyday shopping. Millions of people worldwide already own digital assets; now, thanks to new infrastructure, they can spend them seamlessly, with some high-street banks now accepting digital currency deposits into traditional banking applications. Increasingly, companies at the vanguard want to take things a step further, enabling users to shop directly with their digital assets. They can use digital currency-backed payment cards, earn interest like a regular bank account, access cashback rewards and even take advantage of installment plans. Now, with integrations like Apple Pay, digital payments are becoming just as straightforward as traditional banking methods—something that wasn't possible in the recent past. Best Practices For Implementation One major challenge we've been grappling with is the stigma around Web3 and blockchain technology. Unfortunately, we've recently seen senior global leaders publicly discussing the space in ways that don't always align with its core principles. Web3 isn't just about speculation or meme coins; there are incredible builders in this space solving real-world problems with blockchain, such as providing financial access to millions of people who have been excluded from traditional banking systems. The focus should be on tangible solutions and real-world utility rather than just the headlines. For business leaders who are new to blockchain-based payments, we have some recommended best practices: 1. Start with pilot programs. Test blockchain integrations on a small scale before full implementation. Learn from the process and build solutions tailored to your organization's needs. 2. Educate and train your teams. Employees should understand both the opportunities and the risks of blockchain. Reducing resistance and increasing capability through education will ensure smoother adoption. 3. Acknowledge the stigma. There's no denying that digital currency, Web3 and blockchain still carry a certain air of disrepute. Breaking that down through transparency and education is important to diminishing that sensibility. 4. Respect regulations. Having a strong legal team ensures compliance and reduces risk, even in strict regulatory environments. 5. Focus on scalability. Any blockchain solution must be able to handle growth efficiently, or why bother? 6. Partner with experienced providers. While no one is a true 'expert' in such a rapidly evolving space, working with trusted, knowledgeable partners is essential (and can help sidestep many rookie mistakes). The Benefit Of An Open Mindset One of the difficulties faced by many blockchain startups (which we've dealt with several times, in our organization) is not yielding to the pressure to scale as quickly as possible. We have to remind ourselves sometimes that there's a benefit to prioritizing education and growing the wider space. We also strive to maintain an open mindset. We acknowledge that we exist in a space wherein competitors are aiming to do similar things to what we do; we have to remind ourselves that if a user comes in, likes the technology and then chooses to go with one of our competitors, that's still a win for the space as a whole. Obviously, we believe in our product and our services and hope that users will recognize the value we provide. However, the key to driving mass adoption is not just having people purchase your proprietary solution but encouraging people to explore and use the technology more broadly. If people engage with Web3, have a positive experience and share that experience, the entire ecosystem wins. Forbes Communications Council is an invitation-only community for executives in successful public relations, media strategy, creative and advertising agencies. Do I qualify?
Eater
16 hours ago
- Eater
Former Gotham Bar and Grill Building Goes Up for Sale at $6.5 Million
Skip to main content Current eater city: New York Plus, a new Mexican restaurant debuts on the Lower East Side — and more intel Jun 27, 2025, 2:19 PM UTC After several closings and rebrandings, Gotham Bar and Grill officially called it quits at the end of last year. Now, Crain's New York reports that the 12 E. 12th Street building is up for sale for $6.5 million — including the 4,220-square-foot restaurant with additional basement storage, plus the 12 floors of condos above it. Gotham Bar and Grill first opened in 1984 with esteemed chef Alfred Portale; in 2019, the restaurant decided to shake things up, bringing on Victoria Blamey to reimagine the menu. It closed in 2020 as the pandemic hit in New York, before rebooting for a third time in 2021, dropping bar and grill from the name as well. Chef Ron Paprocki, a former Gotham pastry chef, most recently led the kitchen. But, earlier in 2024, the restaurant was a victim of a cyberattack in which it lost $45,000, and the financial drawbacks factored into the restaurant's decision to permanently call it quits. Comal opened this week from Gaz Herbert, the former executive chef at the King team's Jupiter in Rockefeller Center. Herbert, who is British but grew up in Mexico, serves dishes like lengua al pastor, mussels with corn custard, crispy sweetbread with pineapple and tortilla, and skate wing guiso. He's joined in the kitchen by head chef Scott McKay, an Acru and Atomix alum. The restaurant is located in what was Gem Wine, 116 Forsyth Street, between Broome and Delancey streets. Nuyores is on the way to 154 W. 13th Street, near Seventh Avenue, from chef Oscar Lorenzzi — the space was previously Il Totano, which closed abruptly after just a few months, from Top Chef's first-ever winner, Harold Dieterle, in partnership with Alexandra Shapiro of the Upper East Side's Flex Mussels and Hoexters (neither is involved in the new venture). Most recently, Lorenzzi oversaw the kitchen at East Harlem's Contento, which closed with a particularly heartfelt post following its focus on accessibility. At his new restaurant, Lorenzzi is looking to give a New York spin to the Peruvian cooking he's come to be known for, with dishes under $30. See More: Coming Attractions Intel NYC Restaurant Openings
