Presearch Weekly News & Updates #131 — August 4th, 2023

Presearch

3 min readAug 4, 2023

This Week in Review

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

308 million PRE staked!
15,750 unique keywords staked
Token value ~$0.03 / 1 bit
82k staked / 73k active nodes
CMC = 718, Coingecko = 875
Dev: autocomplete, search staking, monetization
AMA Tuesday the 15th at 3pm ET
Foundation update
Marketing update
Monetization update
Significant interest in funding
Community questions
Weekly Wins

Weekly Wins

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

Searching staking internal beta
As promised, we have an internal preview version of Search Staking ready. It is now in testing and if everything goes as planned, will be rolling out ahead of schedule in the next two weeks.
Monetization — eBay, etc.
This week’s major focus on monetization is starting to pay off — we’re ready to launch Coinzilla display ads and landed a partnership with eBay that should both drive significant economic results.

Foundation Update

The transition to the Presearch Foundation continues

Operating company entity is set up
Asset transfer agreements finalized and ready to be signed — awaiting protectorships
Protectors being added to the Presearch Foundation to ensure the Foundation’s early governance is sound and secure
Initial contractor agreements underway

Marketing update

Presearch may be the best thing out there, but it doesn’t matter if no one knows about it — marketing is key!

Social media campaign
This week we’ve begun building out a plan for regular, consistent content across social media using a scheduling tool that will synchronize posting, provide reporting on results and enable us to engage more easily in real-time to those who are posting about Presearch.
Email marketing preparations
We’ve put together a scrubbed list of the most engaged Presearchers so that we can keep them posted on what’s happening at Presearch.
Increasing search volume

Monetization update

Presearch has incredible potential as a crypto project and search business, but we need to ramp up monetization to ensure we reach our potential and operate sustainably

Homepage takeovers
We’ve begun actively reaching out to potental customers and this week we lined up a 7-day takeover through our first reseller partner.
Banner ad trial
While no one loves to see more ads, banners on search results have the potential to make Presearch financially sustainable immediately. We’re going to launch a test next week. Banners could be hidden through search staking.
eBay partnership
Fast tracked through eBay partner program — Presearch will earn revenue when people use eBay through Presearch results.
Additional ad units
We believe we’ve found a way to monetize certain popular search providers, may have a way to monetize autocomplete while accelerating the roll out, and are working on some additional ad networks.