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Presearch

Presearch is a community-powered, decentralized search engine that provides better results while protecting users' privacy and rewarding various users when they engage in the search. PRE provides significant utility within the Presearch ecosystem, with the use cases growing constantly.[1]

Overview

Presearch has become one of the biggest projects in the blockchain space by taking a pragmatic approach and focusing on users over pure technology, enabling community input and user needs to be the key drivers of the technology evolution.[2]

Presearch tokens are the unit of account within the Presearch ecosystem, representing rewards earned, advertising purchased or staked, and, in general, the value created. Using the Ethereum blockchain, Presearch has its own PRE token that operates on an open, transparent, and decentralized ledger.[3]

PRE tokens are hosted on the Ethereum platform as standard ERC20 blockchain tokens. This means that PRE is transferable to any Ethereum compatible wallet that recognizes ERC20 tokens. Token holders are able to sell their PRE directly to any business or individual interested in generating Presearch results at whatever price the seller is able to obtain for their token inventory.[1]

Presearch has developed a program and supporting sales collateral to help sellers obtain top dollar for their PRE, and also link sellers to best practices for proper invoicing, taxation, and reporting for their PRE sales to assist them with their PRE inventory. Ultimately, it is up to the seller to ensure they remain compliant with all local regulations, but Presearch would like to help sellers to stay in compliance.[3]

Tokenomics

The Presearch Platform is an ecosystem focused on building out the world’s first and best-decentralized search engine, with a path to eventually becoming the best search engine in the world. The Platform will provide a search engine not controlled by a single, centralized database, for-profit corporation acting as a one-size-fits-all gatekeeper to the internet, but instead as a platform that gives you choice:

  • Choice around privacy vs. personalization
  • Choice around the kinds of search results you see and how you can direct the experience to your own benefit rather than algorithms driving you to content designed primarily to optimize corporate profits.
  • Choice to receive value out of the platform, in terms of both improved experience and rewards, directly corresponding to the value which you contribute to the platform.[2]

Token Utility

PRE is the means to create a giant value cycle where community members consistently both contribute and receive increasing value the more they use the platform. As more and more people run searches, advertising revenue increases, and more nodes are needed.[1]

The advertising revenue funds marketing efforts and increases referral rewards to drive more users, which further drives more searches. This increases the value that each stakeholder contributes to the network, which in turn increases the rewards they receive for the value they add.[3]

As rewards increase, there is a greater incentive for engineers and data scientists to contribute better algorithm, which in turn increases the value of the network for searchers and advertisers.[2]

Keyword Staking

Keyword Staking is a revolutionary new concept being pioneered by Presearch as it builds the world’s first decentralized search engine framework. Keyword Staking enables token holders to commit or “stake” their PRE against specific words and multiword terms.[1]

With Presearch Keyword Staking, users can select a keyword (e.g., “Bitcoin”) and then stake PRE that user has purchased or earned against that term. users can then create an ad that links to the Website of your choice .[3]

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Presearch

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August 27, 2022

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