Presearch Weekly News & Updates #166 — April 5th, 2024

Presearch

3 min readApr 5, 2024

This Week in Review

Find out about the latest progress with Presearch this week! Let’s start with the highlights…

350.9 million PRE staked!
PRE value ~$0.02 / 0.3 bits
CMC = 1.175, CG = 1,425
78,900k staked / 60k active nodes (1k planned reduction)
Dev: PreGPT, BASE layer2, monetization, Cosmos
Weekly Wins
PreGPT progress update
Marketing, traffic & monetization update
Community connection

Weekly wins

We make great progress every week, but these are the Weekly Wins we’re most excited about!

LP token released
PRE L2 BASE contract audit completed & BASE PRE Mainnet Contract deployed successfully
March airdrop completed
First PTA repeat customer preparing to launch second campaign
Initial testing of PreGPT complete, may launch as early as next week
New data scientist hired
?? 30% traffic increase over past two weeks

Marketing & Monetization update

We’re spreading the word to drive more users and increase the number of searches to build revenue!

Good feedback from PTA campaigns
Latest advertiser campaign feedback has been very positive!
New case studies in the works.
Repeat campaigns now booking
Airdrop/promotions update
March airdrop of 6,168,363 PRE completed on 31st.
Continued promotions on airdrop sites.
Outbound marketing
New community group has been set up.
New X engagement strategy is now in use-looking for additional
Working on plan for influencers and X ads once additional funding is secured
Next AMA on April 24th
Continued adoption of consumptive keyword ads
Ability to move ads back to the top of results and pay a consumptive fee for priority placement is live and adoption is growing-up over 450 paid keywords now, including a new campaign for OKX.
Traffic update
Increased traffic to more than 800k searches per day, appears to be legitimate.
Influencer outreach & Ambassador program
Rice has taken a more active role with the project, and is now leading influencer outreach and actively handling inbound leads, as well as the Ambassador Program.
Tagline / slogan survey
We’ve circulated the tagline / slogan survey and pushed it out to the community.
Final opportunity for feedback this weekend. See social
for links to the survey.

Community connection

As a community-driven project, Presearch thrives with your feedback and input — check out https://community.presearch.io to participate

New Telegram groups
Please check out the new Telegram groups for organizing community efforts and discussion on Marketing, Development and Tokenomics:
https://t.me/presearchmarketing
https://t.me/presearchdev
https://t.me/presearchtokenomics
Will integrate community.presearch.io with this groups to drive engagement and organize efforts.
Ad discussion
We’re preparing to launch another Telegram group dedicated to advertising on Presearch — https://t.me/presearchads will be online and active soon!
Roadmap feedback
We’ve posted the latest version of the roadmap on the community platform for feedback.
We appreciate your thoughts and help prioritizing initiatives.
Some developments are contingent on fundraising, wich is actively underway
Tagline / slogan feedback
We’re wrapping up the survey to help narrow down the options ahead of a more focused effort to choose the new tagline/ slogan.