PRE token is the native token of Presearch, a decentralized search engine that uses blockchain technologies. The Presearch ecosystem includes a variety of roles such as end users, advertisers, teams, Presearch nodes or even investors. To running a decentralized blockchain application, the miners need rewards to keep nodes running stably. The developing teams of Presearch Engine also need payment for their work. Due to the nature of cryptocurrency, the native tokens are most commonly used nowadays. This is why PRE tokens are adopted as rewards within the Presearch ecosystem.

However, the best known search engine Google has already gained huge number of end users today. How does a new launched project like Presearch to compete with Google? Here, PRE tokens are provided as an incentive to the end user who does a search on this platform. Each time a user searches via Presearch engine, he or she will get a few PRE tokens. On the other hand, the advertisers could stake their PRE tokens for their ad to be displayed on the search result. The business model of Presearch is quite a clever design. It encourages more users to try Presearch as they could earn PRE tokens while searching something. The advertisers are also happy with staking PRE tokens to gain more traffic.

PRE tokens are ERC-20 tokens running on Ethereum network. According to the official site, it reveals some token information as follows which can be checked via Etherscan.

PRE token contract address: 0xEC213F83defB583af3A000B1c0ada660b1902A0F

PRE total supply: 500,000,000

Overall, we look forward to seeing Presearch to bring great experience for users. Thanks for today’s blockchain technologies, people are able to benefit from protecting their privacy via decentralized search. As long as more people participating with Presearch engine, PRE tokens will gain more value in the near future.