The Drilo platform is currently going through the first stage of its presales event. DLO tokens are now sold at a discounted rate of $0.04 per DLO token. Built on the Ethereum blockchain network, Drilo leverages Ethereum’s advanced smart contracts to ensure secure and transparent transactions.
Drilo aims to solve the current marketplace’s drawbacks, such as high transaction fees, limited payment options, security concerns, and transparency issues. Drilo achieves this goal by building a platform for buying and selling assets using cryptocurrency. The Drilo platform will exhibit utmost transparency, security, and decentralization.
Features Of The Drilo Platform
Before we move on to the details of the Drilo presales, let us dive into the unique features of the Drilo platform.
- Decentralized Marketplace: Drilo is a decentralized marketplace where users can trade goods and services without having to navigate any intermediaries.
- Web and Mobile Access: The platform has an active website and a user-friendly mobile app that users can leverage for facilitating flexible transactions.
- Low Fees: Drilo uses blockchain technology to provide low-cost transactions to its users.
- Multi-currency Support: The Drilo platform will eventually grow to accommodate multiple currencies for transactions.
- Security and Transparency: The blockchain technology used by the Drilo platform ensures utmost security and transparency.
- User Ratings and Reviews: Drilo will also implement a system where users can review and rate the services offered to them.
- Escrow and Dispute Resolution: The Drilo platform has an automated escrow mechanism and an on-point dispute resolution system.
- User Rewards and Incentives: Regular engagements with the Drilo platform will be incentivized through a dedicated rewards program.
Tokenomics Of The DLO Tokens
DLO are the native tokens of the Drilo platform. They are ERC-20 compliant. The total supply of 1,000, 000,000 DLO tokens is distributed in the following manner.
- Presales: 30%. 300,000,000 DLO tokens are distributed to early investors at a discounted rate. The funds collected will be used for platform development and marketing.
- Team and Advisors: 10%. 100,000,000 DLO are allocated to incentivize the core development team and advisors of the Drilo platform.
- Development Fund: 20%. 200,000,000 DLO tokens are kept aside for facilitating ongoing development, new updates, and overall security auditing of the Drilo platform.
- Marketing and Community: 20%. 200,000,000 DLO tokens are allotted for powering the marketing efforts, community engagement, partnership efforts, and promotional activities.
- Liquidity Pool: 15%. 150,000,000 DLO tokens are kept aside to provide liquidity for DLO tokens on exchanges.
- Reserve Fund: 50,000,000 DLO tokens are allotted to be held as a reserve fund to cover extra expenses and to ensure flexibility and stability.
DLO Token Utility
DLO is the utility token of the Drilo platform. The token holders are entitled to various benefits as explained here.
- DLO serves as the primary currency for transactions in the Drilo platform.
- The token holders can stake DLO tokens to earn a passive income.
- DLO token holders also enjoy governance rights on the Drilo platform to vote for key updates and changes on the platform.
- The Drilo platform offers reduced transaction fees for DLO token holders.
- DLO token holders can purchase advertisement space on the platform and promote their products.
More About DLO Presales
The DLO presales started in Q4 2024. The end date of the presales event has not yet been decided. The presale event spans over 10 stages with the token price varying between $0.04 and $0.09. The details about the various stages of DLO presales are given in the table below.
| Stage | Tokens Allocated | Price Per Token | Total Amount Raised |
| 1. | 30,000,000 | $0.040 | $1,200,000 |
| 2. | 30,000,000 | $0.045 | $1,350,000 |
| 3. | 30,000,000 | $0.050 | $1,500,000 |
| 4. | 30,000,000 | $0.055 | $1,650,000 |
| 5. | 30,000,000 | $0.060 | $1,800,000 |
| 6. | 30,000,000 | $0.065 | $1,950,000 |
| 7. | 30,000,000 | $0.070 | $2,100,000 |
| 8. | 30,000,000 | $0.075 | $2,250,000 |
| 9. | 30,000,000 | $0.080 | $2,400,000 |
| 10. | 30,000,000 | $0.090 | $2,700,000 |
To buy DLO tokens at the presale you only need to connect your wallet to the Drilo website and enter the amount of ETH or USDT you intend to exchange for getting DLO tokens. Click on the buy button to complete the DLO purchase.
You can claim your DLO tokens only after the presales period ends. For that, you only need to connect your wallet to the Drilo website and click on the claim button.
The Bottom Line
The Drilo presales are the best time for you to purchase DLO tokens, which have the potential to bloom into profitable tokens in the future. Make use of this opportunity to gain DLO tokens at a reduced price so that you can trade them at a higher profit margin when the token gets listed on various cryptocurrency exchanges.
