Presearch

What is Presearch?

Presearch operates as a community-driven, decentralized search engine, delivering enhanced search outcomes while safeguarding user privacy and offering rewards for search activities. The organization holds the conviction that countering the influence of the prevailing massive, centralized, and monopolistic corporation in the search domain necessitates the creation of a collaborative global framework. This framework empowers individuals worldwide to unite in constructing an open and decentralized search engine.

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Recent Video Interview

Main points of the interview:

• Issues such as delayed rewards, AI abuse, and ongoing platform enhancements.
• Ambassador Program Launch: Introduction of a new initiative to promote Presearch.
• Announcement of affiliations with major brands like Home Depot and Lenovo.
• Negotiations progressing for the development of Presearch blockchain on Cosmos.
• Updates on referral bonuses, AI enhancements, and community-driven initiatives.

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What Makes Presearch Unique?

The community project, Presearch, invites active participation from its members through community chat groups, contributions to the source code repository, and involvement as users or promoters to enhance usage and awareness. The platform is decentralized, gearing up to unveil its initial decentralized technology—a novel search engine experience operated on node servers by Presearch community members.

With a commitment to superior search results comparable to leading search engines, the Presearch Engine incorporates an additional layer of data through community packages, enhancing the overall search experience. Privacy is a key focus, as Presearch ensures user data protection by abstaining from tracking or storing searches, utilizing a decentralized network of node servers to process anonymized queries.

Presearch also introduces a rewarding system for its community members, allowing them to earn Presearch reward tokens through search and stake activities, node operation, and referrals. The project aims to expand opportunities for earning rewards as it progresses.

Innovating the advertising model, Presearch presents a unique approach. Marketers can stake PRE tokens to keywords, and the ads of the advertiser with the highest token stake will be displayed when a user searches the selected term. This model, valuing advertisers who contribute external value to PRE, is integral to the success of the ecosystem.

PRE Token's Usage

The PRE token, operating on the Ethereum platform as an ERC-20 token, is the key unit of account in the Presearch ecosystem. Its versatile uses include facilitating advertising transactions, influencing ad displays through keyword staking, rewarding users for searches and referrals, operating nodes, and enabling trading on the platform and with other cryptocurrencies. These applications collectively support the smooth functioning of the Presearch ecosystem, aligning with its foundational objectives.

Presearch Team Background and Partners

CEO Colin Pape and Thomas LeClair co-founded Presearch. Before establishing Presearch in 2017, they had previously founded Shopcity, a turn-key shop local platform. The leadership team is further strengthened by Chief Architect Trey Grainger, a skilled engineer and data scientist who joined the project's advisory board in 2017. Tim Enneking, the CEO of Presearch, is also the founder of the world's first cryptocurrency trading fund.

Some of Presearch's backers include KuCoin, CoinGecko, Android, CoinMarketCap, Uniswap, and Flux.

Presearch Project Development

Toward the end of 2023, Presearch is going to finish its Decentralized AI Prototype, whose function empowers Presearch to substitute its API call to OpenAI for Presearch AI results with a call to nodes running a Presearch LLM based on open source models. This approach safeguards privacy and restricts the utilization of training data.

Another notable point on the roadmap is the focus on YouTube Sponsorships. Presearch's goal is to establish connections with overlooked YouTubers and creators with dedicated audiences to showcase Presearch through product placements and branding opportunities. This continuous campaign kicks off in Q3, 2023 and is intended to span the entire duration of the project. The initial phase will be managed by an external video marketing company.

Presearch Price Analysis

As of November 25 2024 Presearch has a marketcap of $7.1M. This is {{percentagefromath}} from its all time high of $0.814159. In terms of its tokenomics, there's a total supply of 800M with 74% currently outstanding. Keep in mind Presearch has a fully diluted value of $9.6M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.