Presearch has a blockchain-based PRE token at the heart of its ecosystem. This token is built on an open source, transparent and decentralized platform called ‘Ethereum’ that handles the security and hosting of PRE.
PRE is used as the unit of account and store of value within the Presearch ecosystem, and is the way that value is transferred between stakeholders as they utilize Presearch.
The PRE Token contract address is: 0xEC213F83defB583af3A000B1c0ada660b1902A0F.
The main use cases for Presearch tokens are:
To reward search stakers for running their searches through Presearch
To reward promoters for referring new users to Presearch
To reward node operators for contributing computing resources to power the platform, and to help secure nodes
To enable advertisers to have their ads displayed under certain keywords that the advertisers ‘stake’ their tokens against
There are a number of other use cases that will come in the future, and we are very excited about the opportunity provided by staking.
For additional information about PRE, please read this article:
https://news.presearch.io/the-presearch-pre-token-fde79b2323c
