Presearch Weekly News & Updates #130 — July 28th, 2023

Presearch
3 min readJul 28, 2023

This Week in Review

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

  • 305 million PRE staked!
  • 15,750 unique keywords staked
  • Token value ~$0.035 / 1.2 bits volatile
  • 82,300 staked / 72,800 active nodes
  • Dev: autocomplete, search staking, marketing prep, background image fixes, smart contract reviews
  • Foundation progress
  • Roadmap review
  • Smart contract upgrades
  • Community forum review resumes next week
  • Community questions
  • New feature: Weekly Wins

Weekly Wins

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

  • New interactive roadmap is live!
  • This is a huge step for Presearch, as the last roadmap is 3 years old and hadn’t been updated since mainnet launched a year ago. This new format is ‘live’ and interactive. It’s a big win!
  • Smart contract update!
  • After lots of discussion with the team and various stakeholders, we’re very excited about the smart contract update and how it paves the way for the project to grow and reach its potential in the post-foundation, Presearch 2.0 paradigm!

Foundation Update

The transition to the Presearch Foundation is planned to be completed by next Friday

  • Protectors are being added to the Presearch Foundation to ensure the Foundation’s early governance is sound and secure
  • Finalizing asset transfer agreements and initial contractor agreements
  • Developing capital plan
  • Setting up operating entities as required

Smart contract update

The Presearch PRE smart contract is at the heart of the project, and we’re taking steps to ensure it is ready to support the growth of Presearch 2.0

  • Multi-sig protections
  • Locking down the contract will meet the requirements of large US exchange listing requests and make the contract more secure
  • More controls = more stability for the contract
  • Freezing the contract
  • Adding mint and burn functionality
  • Planned to be done by end of August

Roadmap review

There’s a lot to cover in this ambitious project, so let’s look at the highlights of the new roadmap

  • Lots of exciting features in a new live and interactive format that will change and evolve in real-time according to project progress
  • The rate of progress will depend on both capital resources and the ability for more community members to participate in the project
  • More detail on the decentralized search vision, future node roles and decentralized AI
  • More info on marketing and community initiatives
  • Learn more at: presearch.io/roadmap

If you have questions, please join one of our Community links below

Run a node: https://nodes.presearch.com
Keyword Stake: https://keywords.presearch.com
Info site: https://presearch.io
Search with Presearch: https://presearch.com
Project statistics: https://network.presearch.com/

Community channels:

Telegram: t.me/Presearch
Presearch Community website & get involved: https://community.presearch.io/
Twitter: https://twitter.com/presearchnews
YouTube: https://www.youtube.com/c/Presearch/videos
Rumble: https://rumble.presearch.io
Discord: https://discord.presearch.io
Minds: https://www.minds.com/presearch
Reddit: https://www.reddit.com/r/Presearch/
Twitter (Community): https://twitter.com/TeamPresearch
Telegram (News): t.me/PresearchNews
Facebook: https://www.facebook.com/presearch.io
Email: support@presearch.io
Interested in partnering? Send us an email at — promote@presearch.io

--

--