Journey to 1000x - Vol. 2
Journey to 1000x - Vol. 2

Journey to 1000x - Vol. 2

By BryRi | BryRi Method | 30 Aug 2020


Have you ever driven, taken a bus, rode in a cab, or walked by the same place everyday, only to recognize something different?  Maybe it was a random person walking by, or a different sign on a storefront.  But what was really happening was you were finally recognizing the present. Journey to 1000x - Vol. 2

 

Get Ready for Something Fun

A few days back I wrote a brief on my favorite pair on Publish0x; Brave and Presearch.  As I have been looking at various projects and scanning sources, there was something that just jumped out at me. To learn more about what Presearch actually does and how it links well with Brave, be sure to check out that article.

Here we are taking a look at PRE from a different lens, rather as a potential bag filler as opposed to just a user.

Presearch has taken on a whole different perspective.  See, I have been using Presearch almost since they came out and have seen the growth and increase of capabilities.  Unfortunately, I never looked at the PRE token from a fundamental side as I was always focused on the capabilities of the platform instead.

Many coaches and influencers from Tony Robbins to Dr. Joe Dispenza talk about:

Where you put your focus is where you put your energy.

Alas, here we are today and there's some interesting things afoot.

For starters, if you are not using Presearch you should be.  They'll sport you 25 PRE tokens for signing up and using for 30 days (which you won't even recognize), when you signup through this link. As for the rest, be sure to do your own research as an investment.  

I think Presearch is great as a tool, but will leave the rest up to you in terms of how you interpret the analysis. Now let's get to it.

 

Bullish Analysis

Just a few days ago, Crypto Sorted released an analysis that is bullish on Presearch. In thinking about the ability of the PRE token to be used in staking ad words, it seems to be a smart move the organization completed in April 2020 of burning half of the planned tokens from 1 billion to 500 million.

As listed in the updated July 2020, White Paper a leaner operation with focus on achieving better tokenomics has been listed as justification for the burn.

Journey to 1000x - Vol. 2

Of the 400 million minted PRE currently in existence the breakdown across circulating, reserved and staked takes an interesting split.  

Since PRE is an ERC-20 token it can be sent to any supporting wallet, such as Atomic Wallet.

Journey to 1000x - Vol. 2

Also from the report, there is a strong use case list.  While most projects will highight 4-5 prominent reasons, the analysis highlights 11.

  1. PRE is used to reward users for searching with Dsearch — the Presearch decentralized search engine.
  2. PRE is used for keyword staking by advertisers looking to display Ads to users of Presearch
  3. PRE is used to run search nodes (future use cases) on Presearch. Node operators stake PRE as a security deposit.
  4. PRE is used by members to vote and participate in decision making on the platform (coming soon).
  5. PRE is used to pay contributors and promoters of the platform
  6. PRE is used to make purchases on the Presearch Store 
  7. PRE is used for Ad blocking to avoid seeing Ads in search results (coming soon).
  8. Use PRE to flag spammy, malicious Ads on Presearch (coming soon).
  9.  PRE is used to reward users who opt to share some of their data with the network for a more personalized search experience (coming soon).
  10. PRE is used by advertisers to pay for Ad credits based upon a CPC (Cost Per Click) or CPM (cost per thousand impressions) model (coming soon).
  11. PRE is used to reward or incentivize nodes operators (coming soon)

- CryptoSorted 

While it could be argued that a narrower focus creates better synergy in operations and planning, it goes without saying that complexity has the opportunity to be really great. Many times it is not, but the potential is there.

The Presearch White Paper digs a little deeper into each one of these topics as well.

Presearch and 1000x

With a strong narrative around data and revolutionizing the digital advertising model currently in existence, the strength of Presearch is quite strong.

According to Presearch there are over 1 million users with numbers as high as 30 million hits per month.  I haven't seen a break down of that usage data, but will continue to look.

If we were to look at purely market cap, Presearch has shot up from $300,000 to nearly $9.5 million over the last year.  That by itself is only a 3x jump.  Positive, but not quite what we are looking for.

Now if we look at the current price compared to January of 2018 we can see a huge difference. 

Journey to 1000x - Vol. 1

While the past is the past, what I am curious about is how all of the build up around BTC will affect PRE.  Will it be pulled along or swept out to see with expect upward movements?

Even a third of what was the all-time-high would still be over a 1000% gain from the current position.

 

What are others saying?

The more I have looked into this, I am seeing price analysis that are all over the board.  For example, DigitalCoin is looking at a dollar in 7 years. 

Journey to 1000x - Vol. 2

With a nearer term price analysis that is somewhere around $0.11.

Cryptoground.com has a slightly different look at what the prices may move toward, with a 5 year target over 2200%.

Journey to 1000x - Vol. 2

 

And then from Wallet Investor, also while bullish, there is a more measured approach. Journey to 1000x - Vol. 2

 

So What Does All of This Mean?

I still have two burning questions after seeing everything here?

  •  How closely will PRE move with BTC?
  • Secondly and probably most important, what is the strength of the company.

If we go by 2018 connections we can see that everything was on fire, that's not news. What is more important about now is that all of the projects have had time to grow and develop. 

Presearch with its 11 different use cases as listed out in the Crypto Sorted piece show continued progress. There is also upcoming expectations regarding masternodes and continued growth. With users doubling or tripling ever couple months, the groundwork is being set for a movement at some point.

Overall everyone seems bullish on Presearch, it just depends to what degree.  What do you think?



 

NOTE:  Thanks for following the Journey to 1000x.  So far we have covered RPD and Presearch.  This is definitely a no shill, no bullshill zone.

Aside from PRE as an investment, I am very supportive of Presearch as a service.  I use it daily and have been for quite some time.  If you set it up through Brave Browser, then you are compounding value between BAT and PRE.  

I hope you are using Presearch, but if you haven't started yet, be sure to use the link and claim your 25 PRE tokens.  We both receive the same amount;  win win in my book.  That's what we like to see...


BryRi
BryRi

Hey there, It's BryRi. Really glad to meet you! People ask, "what do you do BryRi?". I'm Strategist, Builder, Doer; My background is in Forestry, so I know how complex & diverse systems are key to achieving short & long term goals.


BryRi Method
BryRi Method

How can you possibly manage home and work? I am asked that question all the time. I don't feel like I'm middle aged until I look in the mirror. Checking the scale and seeing a pound or two difference was never a big deal. In my 20's I could just take a deep breath and loose 5 lbs. But guess what? It stacks up. Combine that with a little stress, less sleep and all of the "trade-offs" we make day in and out. The solution is as simple as making a decision, which takes literally just a moment in time.

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