Presearch is a decentralized search engine that has over 1.5 million monthly users and does over 10 million searches. It provides users with three distinct value propositions:
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Presearch recognized a fault with standard search engines and reversed it. Instead of search engines profiting from user data, people profit from it themselves. Presearch accomplishes this by charging customers to use its search engine. The firm is set up as a non-profit, which eliminates the incentives that for-profit organizations may have that are detrimental to consumers’ best interests. It also accomplishes decentralization of its ecosystem by allowing community members to operate its nodes.
Presearch has a very comprehensive roadmap that divides its development into three stages. The first phase, which began in 2017, was intended to determine product-market fit. The firm is present in the second phase, which is focused on developing a long-term business strategy targeted at decentralizing search. The last phase will focus on decentralizing governance through the creation of a Decentralized Autonomous Organization (DAO). Presearch is now working on its mainnet debut, and Google has placed it as a default search engine choice on all new Android smartphones in the United Kingdom and Europe.
CEO Colin Pape and Thomas LeClair founded Presearch. They established Shopcity.com, a turn-key shop local platform, before launching Presearch in 2017. Trey Grainger, the project’s CTO, is an accomplished engineer and data scientist who entered the advisory board in 2017. Tim Enneking is the founder of the world’s first crypto fund and the chairman of Presearch’s advisory board.
Presearch has a number of items that are useful in the real world. Its search function allows users to do internet searches in the same manner as they would with Google or DuckDuckGo. Users have the option of using Presearch’s default engine or switching to findings from over 100 alternative suppliers. Presearch also pays its users search incentives, up to 8 PRE per day at a rate of 0.1 PRE for every search.
Presearch created a Keyword Staking technique for advertising. Token holders may use their PRE to display adverts to users based on certain phrases or search queries. When a person queries for a phrase, the Presearch algorithm displays the ad that has the most PRE invested. If a lengthy keyword has no matching, it is divided into discrete words, and the advertisement with the most PRE staked on a single word from the search query is chosen.
Presearch also has a marketplace where PRE tokens can be purchased, as well as mobile apps that consumers may utilize instead of standard search engines. Presearch also offers a browser plugin that allows users to search directly from their browser’s address bar, with Presearch serving as the default search engine.
PRE has been listed on several cryptocurrency exchanges, however, unlike other major cryptocurrencies, it cannot be purchased directly with fiat currency. However, you may still acquire this currency by first purchasing USDT on any fiat-to-crypto exchange and then transferring to an exchange that trades PRE.
KuCoin, HitBTC, CoinEx, ProBit Global, and 1inch Exchange all accept PRE.
On the Solana blockchain, Presearch will be built up. Solana was chosen because of its quick transaction speeds and low transaction costs. It’s part of a larger push on Solana for forthcoming blockchain games like Star Atlas. Solana is a layer one blockchain with partial Byzantine Fault Tolerance and a proof-of-stake consensus mechanism.
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Presearch price and market cap.
Presearch Official website – https://www.presearch.io/
Presearch Twitter – https://twitter.com/presearchnews
Presearch Reddit – https://reddit.com/r/PresearchCommunity
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