Presearch is building a decentralized search engine, powered by the community. It leverages the PRE token to reward searchers for switching their searches to Presearch, and is a multi-search environment, with more than 100 search engines available to direct your search query to.
The PRE token is also the payment mechanism for our ad platform, which we’re launching our latest version of on Wednesday the 29th. It uses Keyword Staking to determine which ads are displayed.
Search is about the most centralized / concentrated area on the web, and yet it’s profoundly important. It basically controls what we learn about as we are looking for the information we need. And yet the current paradigm is a total black box with no community input or oversight and ultimately just geared to drive shareholder returns. We believe we need an open and transparent version that is accountable to its users, so that’s what we’re building.
It’s going to take a moment to realize the ultimate vision, so we are taking pragmatic steps toward the goal, and are focusing on the user experience and token economy to start.
We have more than 1.3m registered users and 10m visits per month, so we’re having some great validation and traction already.
https://medium.com/@presearch/who-uses-presearch-7ec65c4170ad?source=———4——————
Here’s a bit about Keyword Staking: https://medium.com/@presearch/what-is-keyword-staking-b063324a2e85?source=———10——————
As far as the technology, we’re currently running a mainly centralized platform, as we’re waiting for blockchain tech to mature. None of the platforms, outside of possibly Steem, would support our current number of microtransactions, and we’re not confident enough in it to go all-in. So we’re basically leveraging Ethereum and doing batches, where microtransactions are handled in a database and then larger quantities of tokens can be withdrawn to the blockchain.
The ultimate vision is to develop node software that works as a browser plugin and standalone browser that enables users to crawl the web as they surf the internet and then contribute that information into another layer of nodes that runs on excess data center capacity to index it, and then distribute it out to IPFS or back to the original crawler nodes. Of course everyone involved in this process would be compensated in PRE.