Presearch
Crypto Overview
Project Overview
Presearch is a decentralized search engine platform that rewards users with PRE tokens for conducting searches and node operators for processing those searches. The project aims to create a more private, transparent alternative to traditional search engines while incentivizing community participation.
Intended Utility
The PRE token serves multiple purposes within the Presearch ecosystem: It's used to reward users for searches, compensate node operators, enable keyword staking for advertisers, and provide governance rights to token holders. Node operators must stake PRE tokens to run nodes that process search requests.
Actual Utility & Adoption
The platform reports over 3.8 million registered users and processes millions of searches monthly. PRE tokens are actively used for their intended purposes, including node operation staking, keyword staking, and search rewards. The project maintains active development, with regular updates to both the search engine and node infrastructure.
Token Distribution & Governance
The initial token distribution allocated 25% to the team and advisors with a 3-year vesting period (now completed). The remaining tokens were distributed through pre-sale (35%) and reserved for the search rewards pool (40%). The project demonstrates transparency in its operations and token economics.
Revenue Model
Presearch generates revenue through its advertising platform where businesses stake PRE tokens to display ads. This model doesn't involve interest or gambling mechanisms. The project's focus on search technology and advertising aligns with permissible business activities under Islamic principles.
Crypto Impact
To assign a comfort level investing in Presearch from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Presearch.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.