Presearch (PRE) Price, Charts, Market Capitalization
Presearch (PRE) Graphics
What is Presearch (PRE)?
Presearch (PRE) is a cryptocurrency that is designed to power a decentralized search engine that rewards users with tokens for using it. The Presearch search engine aims to provide users with more privacy and control over their data, while also enabling them to earn rewards for their search activity. In this article, we will take a closer look at Presearch, its history, its purpose, and its technology.
History and Founders
Presearch was founded in 2017 by Colin Pape, who also founded the community-driven business directory called ShopCity.com. Presearch launched its Initial Coin Offering (ICO) in 2017 and raised over $5 million in funding. The project gained a lot of attention in the crypto community, and as of 2021, the Presearch platform has over 1.5 million registered users.
Purpose
Presearch aims to disrupt the traditional search engine market, which is dominated by a few large corporations that have control over user data and privacy. Presearch seeks to give users more control over their data and privacy while also providing them with an opportunity to earn tokens for their search activity.
The Presearch search engine is designed to be community-driven, with users and node operators contributing to the search algorithm and helping to shape the direction of the platform. The Presearch platform also includes a marketplace that allows users to purchase services and products using PRE tokens.
Technology
The Presearch search engine is built on top of a decentralized network of nodes that work together to provide search results. Nodes are incentivized to provide accurate and relevant search results, and they are rewarded with PRE tokens for their contributions.
Presearch uses a Proof-of-Stake (PoS) consensus mechanism to secure its network. This means that node operators are required to hold a certain amount of PRE tokens as collateral in order to participate in the network. PoS is designed to be more energy-efficient than traditional Proof-of-Work (PoW) consensus mechanisms used by other cryptocurrencies.
The Presearch platform also includes a keyword staking system that allows users to stake PRE tokens on specific keywords. This helps to incentivize content creators to produce high-quality content on specific topics, which can help to improve the quality of search results on the platform.
Pros
- Decentralized: Presearch is a decentralized platform that allows users to have more control over their data and privacy.
- Community-driven: The Presearch search engine is community-driven, which means that users and node operators can contribute to the search algorithm and help shape the direction of the platform.
- Incentives: Presearch provides users with incentives in the form of tokens for their search activity, which can be used to purchase services and products on the platform.
- Keyword staking system: The keyword staking system helps to incentivize content creators to produce high-quality content on specific topics, which can improve the quality of search results on the platform.
Cons
- Limited adoption: Presearch has a limited user base, and it may take time for the platform to gain mainstream adoption.
- Competition: Presearch is competing against established search engine providers such as Google and Bing, which may make it difficult for the platform to gain traction.
- Volatility: The value of PRE tokens can be volatile, which may discourage some users from using the platform.
Conclusion
Presearch is a community-driven search engine that aims to disrupt the traditional search engine market by providing users with more privacy, control, and incentives. The platform is built on top of a decentralized network of nodes, and users are rewarded with tokens for their search activity.
Presearch (PRE) Price Forecast – 2023, 2025, 2030
Presearch (PRE) is a cryptocurrency that is designed to power a decentralized search engine. As with any cryptocurrency, predicting its future price is a difficult task as it can be influenced by a wide range of factors such as market trends, technological developments, and adoption rates. However, we can look at the historical price movements and developments of the project to make some predictions about its future price.
Presearch was launched in 2017 and had an initial price of $0.006. Its price remained relatively stable until it experienced a significant increase in 2021, reaching an all-time high of $0.28 in May 2021. Since then, the price has decreased and has been fluctuating between $0.10 and $0.20.
Looking at the historical price movements, we can predict that Presearch will continue to experience price fluctuations in the coming years. However, we can also look at some of the upcoming developments and partnerships to predict its potential future price.
Presearch has recently announced partnerships with Brave browser and BitForex exchange. These partnerships could lead to increased adoption and demand for the PRE token, which could drive its price up. Additionally, the project has announced plans to launch its decentralized search engine in 2022, which could also increase the demand for the token.
Based on these developments and partnerships, it is possible that the price of PRE could increase significantly in the coming years. However, it is important to note that cryptocurrencies are a highly volatile asset class, and any price predictions should be taken with a grain of salt.
With that said, here is a year-by-year breakdown of possible price predictions for Presearch (PRE) based on the aforementioned factors:
- 2023: $0.30 – $0.50
- 2024: $0.40 – $0.60
- 2025: $0.50 – $0.80
- 2026: $0.60 – $1.00
- 2027: $0.80 – $1.20
- 2028: $1.00 – $1.50
- 2029: $1.20 – $1.80
- 2030: $1.50 – $2.00
It is important to note that these are just predictions based on current market conditions and are subject to change based on a wide range of factors. It is always recommended to conduct your own research and invest wisely.
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About Presearch (PRE)
Contract | 0xec213f83defb583af3a000b1c0ada660b1902a0f |
Website | https://www.presearch.io/ |
Explorers | Etherscan,ethplorer |
Community | Twitter facebook |
API idd | presearch |
1 Presearch (PRE) USDC (1 PRE) to USD//Coin) Exchange Calculator
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