Presearch offers PRE tokens as a reward for those who search through the platform. These tokens have intrinsic value because they are the access tokens purchased by advertisers to target searchers entering certain keywords.
The amount currently provided to searchers is 0.25 PRE if they search through the search engine on Presearch.org.
Reward Rates
Each user can earn from between 0.25 to 0.5 PRE per search, up to 8 PRE tokens every 24 hours.
After you hit the 8 PRE threshold searches are not rewarded until the 24 hour time period resets at 12am midnight, UTC.
25 PRE tokens can also be earned when you refer a new user through your referral account.
Combating Abuse
Any type of incentivized system like Presearch is prone to those who would try to game the system via either automated means (bots) or deliberately searching solely to earn tokens.
To discourage from this type of behavior, we have developed what we’ve termed the reward verification system that, based on a user’s search patterns (search terms are never stored), assigns a PRE level based on a confidence algorithm that assesses the likelihood that someone is searching primarily to accumulate tokens.
Withdrawal / Redemption of PRE Rewards
The number of PRE that a user has earned is then multiplied by their PRE level to determine the number of tokens they are eligible to withdraw. Each user must collect at least 1,000 PRE to initiate a withdrawal.
You can view this link to see which users are withdrawing their PRE rewards to their external blockchain wallets:
https://etherscan.io/token/0xEC213F83defB583af3A000B1c0ada660b1902A0F
Any transaction that is from ‘Presearch: Token Sale’ for 1,000 PRE is likely to be a reward withdrawn from the platform for storage or exchange to other currencies.
After a withdrawal is initiated, it must currently be approved first.
We strive to complete withdrawals to your external wallet within 3 business days from the request date, but may experience delays from time to time depending on the fees and congestion on the Ethereum blockchain platform. For the current status, visit: https://medium.com/@presearch/presearch-withdrawal-status-5d5598fa7298
Reward Usage
Earned rewards are used primarily for two purposes, to run advertising on the platform and for sale to other purchasers for conversion into local currency or alternative cryptocurrencies like Bitcoin and Ethereum.
The current price of PRE tokens on external markets can be found on CoinMarketCap.
Please note that Presearch is not responsible for transactions outside the Presearch.org platform, and that purchasers should always exercise diligence when using a third-party exchange.
