Welcome to our Presearch Review!
There has been some buzz about this company so we decided to investigate what it was all about…
Some say it’s a scam while others Presearch reviews are saying legit so what is it?
Presearch is a decentralized search engine. It is powered by the community. Read below to find out how Presearch works today in this review.
Presearch Review – Understanding Presearch
You will find Presearch online at Presearch.io. It is a decentralized search engine. It promises to bring in much-needed change to the online search community.
In one of Presearch’s introductory video, the company explains how never before a company has, i.e. Google managed so much of the world’s access to information in history. Google is the one behind 77% of searches online worldwide. The manner in which Google exhibits information, and the Google search algorithms, make a powerful impact on the way one view the world.
Google acts like a gatekeeper. It makes an impact on almost every industry and every topic. It is the reason why Presearch believes it is time for transformation.
Presearch is making a transparent search engine with that in mind, which they describe as fundamental to the open internet. This alternative search engine will reimagine online searches from the root level. It will make use of community involvement to construct search data.
The company’s crowdsales are taking place throughout September. You can buy tokens during these crowdsales to gain early access to the platform. Tokens will be utilized to incentivize the platform’s development or put in new information to the platform. In the early stages of Presearch, searchers will also receive tokens for searching with the platform.
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Workings of Presearch
Presearch’s search engine revolves around the use of Presearch Tokens. The tokens are utilized to donate to the platform and support the platform.
Obviously, the biggest problem of any community-based project – like a social network or a community-based search engine – is to attract a critical mass of users. How does Presearch plan to draw users away from competitors like Google?
The company’s first strategy is to target the most frequent searchers – web workers – and gain early adoption. In the future, they’ll release versions of Presearch to the open source community. These open sourced versions will use a blockchain-based index, curated by the community.
One of the key features of Presearch is its transparency. Google uses thousands of factors in its search algorithm. Even the world’s leading SEOs and reverse engineers haven’t been able to determine all of these factors, or figure out how Google’s search algorithm works. Furthermore, these signals are constantly changing. This need for transparency is annoying to content creators. Presearch wish to alter it by making its ranking signals available to everyone publicly.
Features of Presearch
Some of the key advertised features for Presearch include:
The key feature of Presearch is the decentralized search platform. The platform assures to be more transparent and just than centralized search engines such as Google.
- Presearch will employ open and transparent ranking factors. It will permit content creators to access a level playing field and give users the option of which data sources to use
- Community-driven decision-making process ensures that everyone’s interests are aligned, and that the best content is surfaced and displayed
- As there is the ability to vote on and fund development projects, it offers the ability to sway and perk up the platform over time. And developers receive tokens for their contributions
During the Presearch crowdsale, users can buy tokens. Many token creation events are scheduled throughout August and September. Some of the purposes of the Presearch Token ecosystem include:
- Early adopters will receive tokens to reward usage and promote the platform (one can earn PST tokens by searching on the platform)
- Token holders will be able to vote on decisions, or use their tokens to suggest and fund projects
- Developers will receive tokens for contributing to features and projects
- By utilizing Presearch Tokens, advertisers can buy targeted and non-intrusive keyword sponsorship spaces
The tokens, by the way, fall under the symbol PST.
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The Presearch Token Sale
There will be a total supply of 1 billion PST tokens. 200 million tokens will be sold during the crowdsale (maximum cap). 5% of the total token supply will be sold in the pre-sale. 20% will be sold to early adopters. 30% are set aside for future public sale. 30% are allocated for distribution to reward usage, contributions to, and promotion of the platform. A final 15% is retained by the development, marketing, and community teams.
The PST is a standard ERC20-compliant token. You can buy the token using Ethereum or Bitcoin.
The first lot of tokens went on sale in July. The second went on sale on August 8, and a future sale is planned for September 7. Lot 4 & 5, future sales are anticipated throughout September. There will be a final token issuance at the end of September.
People behind Presearch
Presearch is led by Project Lead Colin Pape. He is a serial entrepreneur better known for creating community commerce network ShopCity.com. Colin was mired in a scuffle with Google and came to know that what the world badly needs is a transparent and open search engine. This was in the year 2011,
David Keefe is among the prominent members of the team. Also, Nolan Dubeau and Rob Calvert are key members.
Presearch Review – Winding Up
Many organizations have tried to challenge Google’s dominance in the search market. Without any noise Bing has been chipping away at Google’s market share over the years. However, with over 75% of the world’s searches taking place on Google, the company has a dominant hold over the market. It offers Google unparalleled control over the world’s access to information.
These are problems that Presearch seeks to solve. The community-sourced ecosystem plans to use blockchain tokens to incentivize the creation of a transparent search engine. With Presearch, content creators can view transparent ranking signals, allowing them an even playing field that they don’t have with Google.
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Anyways, we hope you enjoyed the Review. Please comment below if you are part of this company as our readers would love to know how you are doing.
Also, if there are any products or companies out there you want us to review please let us know!