Presearch Weekly Update #38 — Oct 22, 2021

Missed last week’s updates? No problem, check out the recap below:

Last week in review: most important takeaways

  • Paradox of mass adoption
  • 153M+ PRE staked between keywords and nodes
  • Over 45,450+ nodes on the Presearch Testnet!
  • Busy scaling platforms
  • 2.65M registered users
  • Search rewards at .10, traffic > 3.9 million searches

The Paradox of Mass Adoption

Crypto projects with no real usage have a never-ending supply of Kool-Aid, while those targeting mass adoption need to actually scale — scaling isn’t a straight line, up and to the right. Many of the most valuable tokens have little actual usage, and with no real growth challenges, the news is always positive. There are challenges building for mass adoption, including scaling and customer support issues. These put a damper on sentiment. It’s worth it, however. Decentralized search will be one of the big opportunities of Web 3.0. Presearch is well on its way to mass adoption!

Challenges and Responses

Development Update

Here’s a look at what’s new on the development front.

Marketing and Community Update

We made several announcements on Friday.

Ongoing Projects

Thank you community!

Interested in learning more about any of the above-mentioned items? Make sure to join our social channels or feel free to contact us!

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