Presearch Weekly News & Updates #158 — February 9th, 2024

Presearch

4 min readFeb 9, 2024

This Week in Review

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

343 million PRE staked!
PRE value ~$0.021 / 0.55 bits
CMC = 1,020, CG = 1,220
79,700k staked / 67,3k active nodes
Dev: airdrop, traffic quality, Cosmos, PreGPT
Weekly Wins
Marketing, traffic & monetization update
Uniswap liquidity campaign
Community connection
Community questions

Weekly wins

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

Deal signed with Salad to produce PreGPT chat bot
Keeper deal — PTA and consumptive keyword ads
BuySellAds now live
Amazon PLAs now on preview
Uniswap liquidity pool increases 100%
KuCoin February staking program quickly filled

Uniswap liquidity campaign

Decentralized token exchanges are more important than ever to web3 and the Presearch ecosystem, and the project is undertaking a campaign to increase utility through deeper liquidity on Uniswap

How it works

To become a liquidity provider on Uniswap, you post both PRE and ETH.
The funds stay within your control
You earn fees whenever trades use your liquidity and can accumulate additional PRE and ETH in the process

Benefits

Increased utility by making PRE more usable, accessible and stable
Ability to satisfy demand spikes and absorb sales
You earn fees on trading

How much can you earn?

Transaction fees are in the 10% APY range

How to participate

Please contact brenden@presearch.io directly
We are working to put together an automated incentive to contribute liquidity
Liquidity has already increased 100% in the past 30 days — let’s keep building momentum!

Marketing & Monetization update

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

Rakuten Audience Engine
Beginning trials with the Rakuten Audience Engine program that combines performance advertising with brand ads
Airdrop promotions underway
Presearch continues to work with a number of airdrop sites and altcoin gem sites to promote the project and the airdrop opportunity.
Traffic quality initiatives
Continued issues this past week with bots.
We have seen a spike in inorganic traffic and are working to implement new defense mechanisms.
Thank you for your patience while we correct the issue and ensure that the stats reported on the network.presearch.com page are as accurate as possible.
YouTuber outreach
The project has continues to engage in outreach to YouTubers and other crypto influencers to help bring awareness to Presearch.
New ambassador program
The new ambassador program continues to take shape. This program enables community members to earn additional income by
helping to actively promote Presearch and increase the number of searches. We have a number of interested ambassadors already
and are finalizing details.
Amazon PLA results are now in testing
We believe this will turn into a significant monetization stream for the project and are working to get it tested and implemented so Presearch can earn when people buy through Amazon ads.

Community connection

As a community-driven project, Presearch thrives with your feedback and input — check out https://community.presearch.io to participate

Tagline / slogan feedback
Looking for community participation in determining the Presearch tagline / slogan. Thinking about doing a contest to choose a slogan that we incorporate onto a revised homepage that is more descriptive.
One of the conversations that’s come up is around the best term to use with regard to:
Uncensored / non-profiled / unbiased discussion
Ad discussion
We’ve initiated a new discussion on Presearch ads and monetization on the community platform and look forward to your thoughts on Keyword Staking and all of the different ad units and monetization tools.
Thank you in advance to all for your feedback!
Roadmap feedback
We’ve posted the latest version of the roadmap on the community platform for feedback.
Some great responses so far — highlighting some commentary from xrpre.
We appreciate your thoughts and help prioritizing initiatives.
Outreach efforts expanding
Working with community members to focus on a number of initiatives:
- PTA outreach via community -darwin@presearch.io
- General growth-collaborate@presearch.io
- Search API — collaborate@presearch.io