Presearch Weekly News & Updates #168 — April 19th, 2024

Presearch

4 min readApr 19, 2024

This Week in Review

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

354.8 million PRE staked!
PRE value ~$0.0175 / 0.3 bits
CMC = 1.180, CG = 1,425
78,600k staked / 59,1k active nodes
Dev: PreGPT, BASE layer2, monetization & support for PTAs
Weekly Wins
Marketing, traffic & monetization update
Community connection

Weekly wins

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

PTAs now support 4k monitors with hi-res graphics
New PTA spec sheet completed
Native Presearch Erc20 PRE->BASE PRE bridge UI/tech architecture complete, round trip in progress
100 PreGPT1 subscriptions in first few days
Positive feedback so far on PreGPT1 - check X for examples
PreGPT2 now in internal beta
25% APY Kucoin Collaboration Staking Promotion
50% increase in traffic since February when bot removal campaign was completed

Marketing & Monetization update

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

Continuous progress in PTAS
Two new campaigns bought and paid for by Coinzilla this week — PTAs are becoming a staple of their advertiser offerings.
Merit Circle / BEAM campaign for new game, Forgotten Playland to begin next week alongside game launch.
New case studies in the works.
Outbound marketing
New community group is active — please join on Telegram-t.me/presearchmarketing
New Xengagement strategy is now in use — looking for additional community members to participate.
Working on plan for influencers and X ads once improvements to the sign-up process and messaging are made and funding is secured.
PreGPT marketing
Preparing PTA campaign for increased internal promotion of PreGPT. Will go live next week.
Final improvements to sign-up process and user experience and preparing for mass marketing campaign to drive usage and awareness.
Will soon lock in a date for hard launch/ ad campaign in May.
AMA on April 24th at 2pm ET
Looking for questions for the AMA next week. If there’s anything you’d like to ask Tim or Colin, please submit your questions as early as possible to rice@presearch.com.
Traffic update
Number of queries has consistently been more than 800k per day for the past week.
These traffic figures have been verified as legitimate internally.
March PRE buyback completed
As discussed previously, while the project is in fundraising mode, it has allocated 5% of revenue received each month to PRE buybacks. For the month of March, this was equal to $542.80 and will grow moving forward as we begin to receive accrued revenue and revenue continues to build.
Tagline / slogan survey
Working to finalize top taglines/slogans based on
community feedback.

Community connection

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

New Telegram groups
Please check out the new Telegram groups for organizing community efforts and discussion on Marketing, Development and Tokenomics:
https://t.me/presearchmarketing
https://t.me/presearchdev
https://t.me/presearchtokenomics
Will integrate community.presearch.io with this groups to drive engagement and organize efforts.
Ad discussion
We’re preparing to launch another Telegram group dedicated to advertising on Presearch — https://t.me/presearchads will be online and active soon!
Roadmap feedback
We’ve posted the latest version of the roadmap on the community platform for feedback.
We appreciate your thoughts and help prioritizing initiatives.
Some developments are contingent on fundraising, wich is actively underway
Tagline / slogan feedback
We’re wrapping up the survey to help narrow down the options ahead of a more focused effort to choose the new tagline/ slogan.