Presearch: the blockchain that wants to compete with Google by paying you crypto to search the web

I rarely blog about cryptos or blockchains outside of the Steem blockchain, but a few days ago I learned of a pretty interesting project that I figured could be worth sharing with my followers. What we will be talking about is a project called Presearch, a decentralized search engine that is powered by the community.

I will start this post by talking a bit about the goals of the project, but the current state of it is far from done. If you rather try it out for yourself before reading all about it, just follow this link to get started and get 25 PRE tokens for free.

A screencap from their website.

The goal of Presearch

Presearch is pretty much hoping to be a decentralized alternative to Google. As we are all aware, Google has huge amounts of user data stored, and there's no telling what they will do with this data in the future, so I think it makes a lot of sense for someone to create a decentralized search engine.

Their main selling point is that the tokens (PRE) are used as a voting mechanism, much like how we vote for witnesses here on Steem, which leads to the community deciding how to evolve the platform. Basically the community would have to agree to changes, and Presearch could for example not sell our user data without the majority voting to do so.

Right now they don't have a working search engine, but you can still participate in the project by using their web portal (more on this later). I find the roadmap a bit difficult to read, but it seems like the search engine is planned for sometime in 2019.

Right now they have a working web portal where you can get tokens by using the portal to do your searches. The tokens are Ethereum ERC20 token, but the ability to transfer the tokens from the website to your wallet is still being developed, but it is planned fo Q2 in 2018, so that should not be too far away.

A video presentation of the project.

The Presearch (PRE) token

As mentioned above, the Presearch token is a Ethereum ERC20 token, and it is currently valued at $0.236673. Each search you do from the portal rewards you with 0.25 tokens, so each search is essentially worth $0.06. Not a lot, but it really adds up quickly.

You can only do 36 "paid" searches each day, giving you a total of 8 tokens. This is just under $2 per day for using their web portal. That's not really a bad amount of crypto tokens worth of doing things you would already be doing anyway.

My rewards after using it for about two days. The tokens are currently worth almost $9.

The token was worth a lot more before the bear market that began this spring, so it might also be able to rise pretty high. Imagine if you could get $10+ each day for searching the web!

Sign up and get 25 PRE tokens for free

New members get 25 PRE tokens for free when they sign up by using a referral link, so just click here to use mine. Full disclosure though: if you end up using the project enough to earn 100+ tokens and have signed up with my link, I also get a 25 PRE bonus.

You are free to sign up without a referral link using this link. It's your choice, and there won't be any hard feeling if you decide to not use my link, but you won't be getting the 25 PRE token bonus, so it might be worth using it anyway.

Right now the 25 PRE tokens is worth almost $6, so it's actually a pretty good sign-up bonus!

As a final note: I want to thank @taskmaster4450 for letting me know about the project. If you like to read about cryptos and blockchains, then I suggest giving him a follow.

Thanks for reading

Thanks for checking out my post. I know that most of you follow me for my nature or science content, but I really enjoy writing about other stuff once in a while. But don't worry, science and nature posts are still coming at the usual pace! Anyway, make sure to let me know what you think of this project! Do you think it will ever compete with Google Search?