Presearch is a community-powered, decentralized search engine that provides better results while protecting your privacy and rewarding you when you search.
Presearch By The Numbers
Registred Users:
About Presearch
Presearch is a community-powered, decentralized search engine that provides better results while protecting your privacy and rewarding you when you search.
COMMUNITY-POWERED
Community members can actively participate in the project using Presearch community chat groups, contributing open-source packages to our source code repository, or simply as users or promoters helping build usage and awareness.
DECENTRALIZED
Presearch is now preparing to release its first decentralized technology – a new search engine experience that runs on node servers operated by Presearch community members.
BETTER RESULTS
The new Presearch engine offers results that are as good as the world’s top search engines. It also provides an additional layer of data through community packages which makes those results even better. For example, you can search Presearch for “Bitcoin” to see what the crypto package looks like. Over time, there will be additional results provided by a user-curated supplementary index.
PRIVACY
In addition to better results, Presearch also protects your privacy because it does not store any personal information by default, and queries are handled by a decentralized network of nodes running open-source software.
REWARDS
As a Presearch community member, you will earn Presearch reward tokens when you search, when you operate a node, and when you refer others to join Presearch. There will be other opportunities to earn rewards as the project evolves further, outlined later in the Tokenomics section.
ADVERTISING
In addition to offering users a great search experience, Presearch is dedicated to creating significant value for marketers who would like to reach Presearchers.
Advertisers can stake their PRE to a keyword, and whichever advertiser stakes the most tokens will have its ads displayed when a user searches on the term selected.
Advertisers confer the most external value on PRE, so their success is very important to the ecosystem.
Presearch Token (PRE)
Presearch tokens are the unit of account within the Presearch ecosystem, representing rewards earned, advertising purchased or staked, and, in general, value created.
There will never be more than 500 million PRE1, with approximately 400 million already minted into existence. PRE tokens are hosted on the Ethereum platform as standard ERC20 blockchain tokens.
This means that PRE is transferable to any Ethereumcompatible 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 The total supply was originally 1 billion PRE; 50% of supply was cancelled / burned in April 2020.
Any person or company with a product to sell is a potential customer for Presearch tokens -- in particular, local businesses, advertising, and marketing firms, or large brands.
The tokens can then be converted to be used to purchase advertising on the platform.
Presearch is developing a training program and supporting sales collateral to help sellers obtain top dollar for their PRE, and will 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.
Presearch views this opportunity as very similar to the multi-billion-dollar Google AdWords industry, and plans to create a certification program and a directory of certified partners. Alternatively, token holders may use an external exchange to buy from or sell to other token holders.
A list of wallet addresses and smart contract info can be found here: https://etherscan.io/token/0x88a3e4f35d64aad41a6d4030ac9afe4356cb84fa#balances
Integrated Search Experience
In addition to the search providers bar, which enables users to search across their favorite external search engines, Presearch currently has several internal beta search engine experiences available within the platform.
In Phase II, Presearch is integrating all of these experiences together into a unified search experience, which emphasizes:
1) Using the Presearch search engine as the default, rather than external search engines.
2) Integrating the search provider bar conveniently in the search results page to make switching to other providers easy if the Presearch results are missing the expected result.
3) Rewarding searches to the Presearch search engine instead of incentivizing usage of external engines.
It does not make sense for Presearch to pay out rewards for searches to external search engines for which the Presearch network receives no value. These changes drive value into the Presearch project by having more users leverage the Presearch search results, increasing advertising revenue, and tying PRE rewards to actual value (searches and ad views within the Presearch platform) instead of paying to divert traffic to other sites.
Ultimately, this makes the Presearch platform more financially sustainable, increases investment in the decentralized search platform and the quality of search results, and makes the entire search experience more integrated and compelling.
Search Rewards
Search rewards in the form of PRE are provided to users who search through https://www.presearch.org, either by setting Presearch as their browser’s home page and using the search field or by searching through the browser’s URL/search field using the Presearch browser extension.
This system currently provides searchers with the opportunity to earn up to 8 PRE per day at a rate of 0.25 PRE per search, with reward amounts set to adjust automatically based upon platform tokenomics (supply and demand) in Q4 2020.
The daily maximum may ultimately be increased, or even eliminated. Earned reward tokens are held in a user account, where they accumulate until the number of eligible tokens exceeds the minimum withdrawal threshold, currently set at 1,000.
Eligible tokens are calculated by multiplying the total number of tokens earned by the percentage assigned to the user’s PRE verification level.
For complete details on the Presearch Rewards Verification System, please see: https://medium.com/@presearch/how-do-rewards-work-73a545ceae60
Presearch Engine
The Presearch Engine can be found at https://engine.presearch.org.
This is where the decentralized search engine Presearch is building will soon be housed. In the interim, since June 2018, the Presearch Engine experience has been powered by APIs, providing users with a private search experience that integrates Presearch Community Packages with traditional search results to form a high-quality search experience in which Presearch ads can be displayed.
Advertising & Keyword Staking
The Presearch Keyword Staking platform can be found at https://keywords.presearch.org.
Keyword Staking is a revolutionary new concept pioneered by Presearch as it builds the world’s first decentralized search engine ecosystem.
Keyword Staking enables token holders to commit or “stake” their PRE against specific words and multi-word terms.
With Presearch Keyword Staking you choose a keyword (e.g., Bitcoin) and then stake PRE that you have purchased or earned against that term. You can then create an ad that you link to the website of your choice
While tokens are staked, you continue to own and control your PRE, but you cannot use them to stake toward other words and you cannot remove them from the Presearch platform.
While they are staked they are effectively locked up.
You can unlock or unstake PRE at any time to withdraw them to the blockchain or sell them, but then your associated ads will no longer show.
Presearch ads using the staked terms are simple text ads that show up next to the search results in the Presearch Engine.
It is likely that these ads will be embeddable in other relevant web properties at some point in the future as Presearch builds out a PRE-denominated ad network.
The ranking factors associated with Keyword Staking may change over time; the current iteration of the platform works as follows:
• A user types in a keyword or key phrase, for example, “tesla model 3”
• The ad server will look to find any ads where the advertiser has used the exact term “tesla model 3” as the trigger keyword.
• It will then look to see how many PRE are staked or locked to the keyword, and whichever advertiser has staked the most PRE will have its ad displayed.
• If there are no matches for the exact term “tesla model 3” it will break the phrase down into individual terms. In this case, it will find ads with the keyword “tesla” or “model” or “3” and will pick whichever ad has the most PRE staked to it and display that ad.
It is a fairly simple system to start with. Because of that, it provides many opportunities to capture qualified search traffic at little or no cost.
There is currently no consumptive charge for this traffic and exposure, but that will change in 2021.
There are a number of options ranging from flat-rate to auction-based pricing, including cost-per-click, cost-per-view, and cost-per-action options that Presearch continues to evaluate.
The value provided by these ads will be a primary driver of revenue to fund the operation of the project as well as provide user rewards.
As a result, it is critical for Presearch to continually test and improve the ad experience.
Marketplace
The Presearch Marketplace platform can be found at https://marketplace.presearch.org.
Presearch tokens can be purchased directly from the project in this marketplace.
The supply of PRE is limited to unsold inventory, as well as any PRE inventory that the project purchases on secondary markets such as KuCoin, Probit or directly from token holders.
There is a minimum and maximum number of PRE that can be purchased in a single transaction (currently 1,000 - 100,000), and the price is adjusted every 10 minutes to reflect a variable premium over the current price as listed on https://www.coingecko.com/en/coins/presearch.
Payments can be made in Bitcoin, Ethereum, or USD (by wire transfer). PRE purchased through the marketplace are immediately available for staking.
There are plans to enable sellers to list their PRE for sale on the platform, but this feature is still in the development phase.
Mobile Apps
Presearch’s mobile apps can be found at https://presearch.org/apps.
Presearch recently introduced renewed versions for Presearch’s mobile apps that are available for both iOS and Android.
Web browsers like Safari and Brave do not enable their users to select a custom search engine as their default – they only provide a handful of options (Google, Yahoo, Bing, DuckDuckGo, Ask, Startpage, and Qwant), and Presearch needed an easy way to allow users to search.
The Presearch mobile app enables users to have Presearch as their default search engine on their mobile device, allowing them to search (and earn rewards) at any time, anywhere.
The mobile app helps increase Presearch user retention and growth.
The mobile app is also more than just a search tool and also acts as a full browser which can be used to surf the web and to earn PRE while you search.
Browser Extensions
Presearch’s browser extensions can be found at https://presearch.org/extensions.
These extensions enable users to search from the address bar in their web browser, which allows them to earn PRE as they search.
After launching the Presearch.org website, it was apparent that users really wanted a quick, easy way to set Presearch as their default search engine, as well as to set Presearch as their default home page, so the Presearch team built some browser extensions.
Presearch decided to keep these two extensions separate, as not every user wanted both experiences to become defaults in their web browser.
It has become apparent that one of the most important points of control within the search experience is at the browser level, as there is only a limited set of search engines that can be promoted by default.
As a result, newer, smaller search engines are not included in the easy-to-select default options.
This means a user must either take the time and have the knowledge to set their default search engine manually or install a browser extension that simplifies the process.
The latter is Presearch’s current approach, as the project requires a significant scale to be added as a default option.
For instance, Google actually pays Apple more than $12 billion per year to be the default search engine in Safari.
It also appears that DuckDuckGo pays Brave millions for the same privilege, so there are some significant economic incentives that prevent browsers from making Presearch an available default.
Decentralized Search Engine
Search engines are complicated, and building a decentralized search engine provides some unique challenges which do not apply to centralized search engines.
For example: how do you prevent malicious actors from running nodes and either stealing user information or returning dangerous or unwanted content? How do you get fast (hundreds of milliseconds) response times across a massively distributed network of servers with drastic variability in performance and reliability? How do you properly incentivize people to run nodes and fairly balance supply and demand for both nodes and searches within the network?
Some of these issues Presearch has already solved, and some will require continued experimentation and innovation over time, but Presearch will roll out both the platform and the decentralization of the platform incrementally to ensure an optimal ongoing search experience for the amazing Presearch community.
Accounting and Value Transfer
PRE is the central unit of account and value transfer between the various stakeholders within the Presearch ecosystem.
There are numerous types of transactions that can take place:
1) Revenue Transactions:
Presearch gets paid in either PRE or fiat currency (such as US dollars) for services or products.
a. If revenue is received in PRE, the tokens go back into the Presearch “treasury”, Presearch’s protected internal wallet.
b. If revenue is in fiat currency, Presearch will typically convert from the fiat currency to PRE, which requires purchasing tokens on the open market or on the Presearch Marketplace.
2) Expense Transactions:
Presearch obviously incurs recurring expenses to fund operations and growth. It can often pay expenses directly in PRE, but also sometimes needs to convert tokens into fiat currency or other cryptocurrencies to make payments.
3) Staking Transactions:
For many activities on the Platform, community members must “stake” PRE. Staking means that they send the tokens to Presearch and “reserve” them for a particular purpose.
For example:
a. An advertiser (or anyone) can stake 1,000,000 tokens for the keyword “presearch vision paper” and then, if nobody has staked a larger number of tokens, the advertiser’s ad will display when a search is conducted on that keyword. They can unstake their tokens at any time and use them for any other valid purpose.
b. Anyone can become a node operator by running the Presearch node software to operate a server that joins Presearch’s decentralized Search Engine Network. These node operators can stake tokens to obtain the right to provide that server capacity to the network. Rewards are then paid out both based upon capacity provided and utilization of that capacity.
c. Numerous other uses for the token, particularly for consumers to influence the platform, are planned. See the Token Utility section.
If a staker is found to have violated the terms of service (the ad is abusive or the node does something malicious), they could lose their stake, but otherwise the stake is simply used to secure their right to use the network and receive the associated value.
4) Reward Transactions:
Net income (revenue minus expenses) is reinvested into the Presearch network. Presearch pays users for running searches and node operators for providing servers to power the Presearch Decentralized Search Engine. Presearch also pays other stakeholders for the various types of value they provide.
Presearch will eventually become a standalone, non-profit foundation. Before that step is taken, however, Presearch needs to achieve a sustainable business model based upon solid tokenomics, which will ensure the long-term success of the project. PRE acting as the core unit of value within a thriving Presearch ecosystem is critical to achieving that mission. In this model, every member of the Presearch community is rewarded based upon the specific value they add to the network, creating a continuous value cycle where the value of the entire ecosystem grows with each additional community contribution. The tokenomics of this system will be described in the Supply and Demand Value Cycle section below after each of the uses of the PRE token (“token utility”) are described.
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© Copyright 2020. For information, please visit Presearch.io
I've been using Presearch as my main search engine for over 8 months, and I finally got to 1000 PRE, but my level has dropped back to 7. I have now written support twice, but their only suggestion was to add 2FA, which I did, and it went back to 10, but only for a short time. I only saw 7 or 10. Any suggestions?