Presearch Weekly News & Updates #148— December 1st, 2023

Presearch

4 min readDec 4, 2023

This Week in Review

Find out about the latest progress with Presearch this week! Let’s start with the highlights…

327 million PRE staked!
PRE value ~$0.026 / 0.7 bits
CMC = 865, CG = 1,050
80k staked / 65k active nodes
Dev: new design work, monetization, bug fixes, Cosmos roadmap
Weekly Wins
Marketing, traffic & monetization update
Community questions

Weekly Wins

We make great progress every week, but these are the Weekly Wins we’re most excited about!

5 more UI improvements completed based on user feedback (more to come)
CoinStore begins trading PRE
Ability to X / hide individual ads on mobile added
KuCoin PRE onboarding
Onboarded 3 new distributors for PTAs / Search API — all node operators
Direct affiliates for TradingView, NordVPN, Gemini, Ledger, Notion & others.

Marketing update

We’re spreading the word to drive more users and increase the number of searches!

Coinstore listing going live on Monday the 27th
We expected that Coinstore would list PRE on the 22nd, but due to overall market uncertainty due to this week’s Binance news, Coinstore made the decision to move the launch to Monday.
Excited to have one more quality venue to purchase PRE while we continue to work on large US exchanges.
Weekly Wins email resumed
Weekly Wins email was resumed and will continue, and we’ve experienced improved deliverability of emails. One way you can help the project is by simply opening any emails received, as this improves the open rate that providers such as Gmail look at when determining the quality core.
Searches in stable range
Searches continue to be in the 3–4m range. We’re working on some additional strategies to re-engage existing users using browser extensions and have begun by making a search extension available for Microsoft’s Edge browser.
Growing the growth marketing team
If you are constantly thinking about ways to grow the Presearch user base, please contact collaborate@presearch.io and let’s talk about how you may be able to assist.

Monetization update

Presearch is ramping up monetization to ensure we reach our potential as a leading search business with a sustainable and regenerative token ecosystem

Coinstore lists PRE
Coinstore listed PRE on the 27th. You can now buy and sell PRE on this exchange. Some community members have brought up high withdrawal fees, which have since been lowered. We will see what we can do to continue to have those thresholds decreased.
Telegram outreach underway
The Telegram outreach team, lead by Darwin, is beginning to do outreach to crypto projects about Presearch Takeover Ads.
Growth marketing team
We’re continuing to align the growth marketing team and are wrapping up some of the major foundational improvements needed ahead of real growth marketing.
Traffic fluctuations
This past week saw some major fluctuations in both the stability of the network and in the number of daily searches as we were hit with a significant bot attack — it’s the 4th time in the life of the project that something of this scale has occurred.
While the team was dealing with this attack, some additional measures were put in place that have both accidentally flagged real users, specifically those using VPNs, and likely identified / stopped some scraping of results, which we will continue to address moving forward.
Search API
Jefferson is leading the effort to increase uptake of the Search API and we have some new, paid interest in the platform.