#Presearch is a decentralized search engine that not only rewards users for exploring #Web3 on their platform but aims to bring security and privacy to its users.
@Presearchnews launched their search engine and token $PRE in 2017.
In October 2020, @Presearchnews established that its users made over 10 million monthly searches. Today, 21 months later averages over 150 million user searches!
That is exponential growth and labels #Presearch as one of the largest and most used #Crypto projects in the world!
Users have complete control over their data. Your location and information are not tracked and any searches made on #Presearch are not stored.
The search engines we use in general profit from our searches. Our information is stored in their system and sold to third parties.
That is why #Presearch believes the world deserves a "community-powered" decentralized search engine and is fundamental to the future of #Web3
Other than being rewarded for your simple 'Online Searches', you can earn more $PRE by:
β’Set up a 'Presearch #Node'
β’Use #Presearch's unique 'Keyword Staking'.
β’Referral rewards
β’and other future utilities that will allow users to earn more $PRE
#Presearch Node Operators provide server capacity and are rewarded in $PRE for the value they provide to the network.
When choosing to set up and operate a node, #Presearch requires you to stake $PRE tokens to reserve your right to provide capacity and act as a deposit to ensure you don't violate any 'Terms of Service.'
Keyword Staking works by allowing users to '#Stake' their $PRE against words or sentences, which is used for setting up an advertisement to a link.
For example, I want my 'Website' to appear top of the Presearch search engine when people search for "#Ethereum". I would then delegate an amount of $PRE tokens to stake against "#Ethereum", which in turn sends traffic to my Website and enables me to #earn $PRE for Staking.
When you Stake your $PRE to words/multi-word terms, you have complete control over them. Your tokens are locked up but can be un-staked anytime, however by doing so you forfeit your 'Ad'.
@Presearchnews also offers 'Referral Rewards' by introducing them to their search engine.
As you can see $PRE already has so many utilities that allow users, advertisers and supporters of the network to earn!
It doesn't stop there, soon you will be able to earn from 'Data Sharing' which rewards you for specific data shared with #Presearch, don't worry you control any shared data!
Advertisers also will have the option to create CPA (cost per action) adverts, e.g. watching a video.
The full list of future utilities can be found in the Vision Paper or Roadmap., @Presearchnews is doing everything in its power to create the ultimate gateway to the internet and #Web3.
At the time of writing, $PRE is currently valued at $0.084 with a market cap of $33.6M. Shortly after $PRE launched, it hit an ATH price of $0.81 and on a separate occasion (after the 500M token burn) $PRE had a peak market cap of $177M.
If you're interested in learning more about Web3 and getting free crypto alpha, be sure to follow me - @AltCryptoGems and have a look at our free website below! π
Are crypto optimists going to make it in five years? That's the million dollar question in today's thread. Read along as i share my thoughts on this intriguing topic.
I've been reading about some crypto concepts recently, and one that caught my attention was the metaverse. The idea of a virtual world where I can assume a new identity and participate in real-world activities sounds interesting.
However, critics says it's a ridiculous concept because the metaverse in its current form achieves nothing. It is just another money-making scheme that involves cryptocurrencies and NFTs. After considering all of this, it struck me to share some of my reservations with you.
In 2018 a a ton of crypto projects raised a staggering USD $5B in ICOs. With a total mcap of over $900B, the cryptocurrency market has attracted the attention of many, including traders looking for quick cash with few regulations.
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What Are ICOs?
The word ICO is an abbreviation for Initial Coin Offering, this is a marketing strategy used by owners of cryptocurrency projects to raise capitals for further development of their project, through the use of ICO trading platforms, such as; CG and many more.
Hence, the investors receive unique cryptocurrency "tokens" in exchange for their monetary investment in the project. This unique token gives investors exclusive access to certain features of the project.
3AC - the multibillion-dollar hedge fund that went to zero last month is now leaking data like the titanic.
The court filings came out today. It's a 1,100-page PDF.
Below I've written down what we've found out. π
- They owe 27 lenders $3.5B (that's a lot of debt).
- One founder's WIFE says the company owes her $66M. Imagine that.
-They lost $700M in Luna's collapse. Well that was obvious.
- They spent $80M+ buying two bungalows (aka mansions) and a yacht.
Because you know, one bungalow is for chumps. People's money is getting thrown into air like that.
- They would borrow money from one lender, and use it to pay off another. They had such a big reputation (and paid so much in interest to each lender) that nobody questioned them.
Anyone who has spent a considerable amount of time researching and investing in crypto knows one thing about this space. It's volatile.
The market soared to new heights, crashed and bounced months or years later.
These are the 5 most serious crashes in crypto history.
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# 5 β April 2013: DDoS attack on Mt. Gox.
Mt. Gox, one of the earliest and most prominent Bitcoin exchanges of the first cryptocurrency, has grown to handle about 70% of all Bitcoin transactions. At some point, such a big activity point of Bitcoin became
problematic.
After hitting a high of $ 260, Mt. Gox was forced to suspend trading to cool the market. At that time, the exchange was also hit by DDoS attacks by cyber attackers. Bitcoin prices fell to $ 55.59 when trading
resumed-down more than 70%.