Today : Mar 19, 2025
Technology
19 March 2025

Presearch Launches PRE Token On Base Layer 2, Advancing Decentralization

The beta launch marks a pivotal step in building a user-friendly decentralized search engine focused on privacy and community engagement.

In a significant step forward for decentralized search technology, Presearch announced the beta launch of its PRE token on Base, a layer 2 blockchain supported by Coinbase, on March 18, 2025. This move is part of Presearch's broader strategy to enhance its Web3 capabilities, allowing for streamlined operations while significantly improving user privacy.

Presearch is known for its commitment to user privacy, refraining from tracking individuals or selling their data to advertisers. This principled stance positions the search engine as a reliable alternative in an online environment increasingly criticized for data mishandling and privacy violations.

The transition to Base Layer 2 is anticipated to broaden Presearch's user base and enhance liquidity, thus addressing challenges like high transaction fees that have hindered its previous operations. CEO Tim Enneking expressed optimism about these developments, stating, “Base will expand our user base, increase liquidity, and boost community engagement, fueling further adoption and growth of the Presearch ecosystem.”

Currently, Presearch boasts over 150,000 active monthly users and reports around 400,000 daily searches, leveraging a decentralized node network to service search results. This democratic approach allows the platform to remain transparent while ensuring that biases often seen in traditional search platforms are mitigated.

Another innovative feature of Presearch is its self-custodial staking mechanism, where users can maintain control of their assets while earning PRE tokens through engagement activities like keyword advertising. The search-to-earn model rewards users with PRE tokens for each search conducted, enhancing overall engagement. This incentivization works on a basis where users earn more based on the amount of PRE they stake, creating a robust cycle of involvement and reward.

The introduction of the PRE token on Base empowers this approach, as users are no longer bound by the constraints posed by high costs associated with transactions, a historical barrier to growth. Ensuring full control over user assets while simplifying the staking process has positioned Presearch as an attractive option for both users and potential advertisers.

As a decentralized search engine, Presearch is also witnessing an uptick in interest from advertisers seeking platforms that respect user privacy. Companies like eToro, Bitcoin.com, Ledger, and KuCoin have become part of Presearch’s advertising network, attracted by the promise of engaging with an audience driven by the principles of privacy and decentralized philosophies.

According to Enneking, “Users deserve to have a fully decentralized search engine that completely respects their privacy and participation. Presearch breaks you out of the matrix and disrupts the echo chamber that runs rampant in traditional search, which hinders our ability to understand the world from multiple viewpoints.” This sentiment underscores the mission of Presearch to provide a platform free from the echo chambers that often characterize conventional search engines.

The forthcoming changes and enhancements have stimulated growth and adoption, which is critical as Web3 becomes more established. The decentralized nature of Presearch, combined with its shifting to embrace Web3 capabilities, allows the platform to serve both a growing base of everyday web users and the unique needs of the cryptocurrency community. The comprehensive network facilitates a connection to both worlds, marrying traditional online search habits with the emerging trends found in the crypto space.

Significant developments include the PRE ButterFlyWheel mechanism, which integrates decentralized finance (DeFi) tools aimed at enhancing liquidity and creating incentives for token velocity and search volume. This innovative approach not only benefits users directly but creates a resilient economy around Presearch’s search functionalities.

Presently, Presearch's metrics underscore its potential, particularly with the reported 13 million monthly impressions and an active community of over 150,000 users. These statistics reflect a growing acknowledgment within the ill-defined space of decentralized technologies, as individuals seek platforms that prioritize ethical practices regarding data handling.

Despite the challenges ahead, including competition from larger industry players, the ground laid by Presearch indicates a significant step toward reframing how users engage with online search. The pragmatic approach taken ensures Presearch remains relevant amid rapid technological advancements and evolving consumer expectations.

The evolution of Presearch as a decentralized search engine represents not only a technological milestone but also a potential paradigm shift in how individual users perceive value in the digital landscape. By handing power back to users, removing traditional profit motives associated with data exploitation, and championing privacy, Presearch is setting the stage for a more democratized internet experience.

As the platform continues to evolve, anticipated future updates include further partnerships with brands that align with its privacy-first ethos and enhancements to its user engagement strategies. In this increasingly competitive environment, Presearch remains committed to fostering a respectful and ethical approach to online interactions, aiming to rewrite the script on how search engines operate in the coming years.

With a promising roadmap ahead, Presearch is not just participating in the ongoing Web3 revolution; it is actively shaping it, transforming the future of decentralized searching and setting new standards in user privacy and engagement.