Topic: [PRE-ANN] [ICO] [DST] Presearch: Decentralized Search Engine - page 2. (Read 7729 times)

See our ICO review of Presearch - https://coins.best/ico-reviews/presearch/
Any kind of feedback is welcome - feel free to comment on the review itself

No one seems to know how many tokens you get, plus they need my email ?

Hello,

As I've finished reading the whole whitepaper, website and whole bitcointalk.org thread. My question remain unanswered; what was the price per token of the 50 million pre-sale prior to the ICO (called ''Early adopter sale'' of 200 million token) ?

ICO Daily #7: Presearch, Sosnovkino, Ziber

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Hi, I would like to reserve the Italian translate if you are planning to have a bounty for translations.

Why there are so many newbies who launch ICOs? I read some of other people expressed the same concerns. Why if you want to raise money from others, and you don't even provide your own identity and credibility? There's only one reason for that, which is that your intention is to get some quick money and disappear. In other words, to scam money.

Is there any update on Presearch? Thank you

Any social media bounty campaign?

Who are the 'early adopters' and what bonus are they getting compared to the public sale?

Thanks Colin for your detailed explanations. Maybe I'm just too much of an "radical decentralizer" but your approach is not how I would do it (or like to see it being done). I'm sure it has some potential though, especially the transparency aspect. Also I don't like fixed-price ICO's unless they are really cheap, lol. You don't sound like you want to do it really cheap though, which is only fair and totally up to you.

So good luck for you and your team, and everybody who is joining your journey!  

Just for reference, if someone reading here would like to try a different approach that is more similar to Yacy, with Nodes being rewarded for their work (like supporting the network, indexing, forwarding traffic, caching etc.), and users paying those nodes for their work right from the beginning rather than as a "to be done later"-goal, feel free to contact me!   Especially if you have people who would like to do the actual work, because I'm more of an investor hehe.  

Best regards

Cryptorials - please don't give up on us yet.

Our team is in the process of updating their LinkedIn profiles. Most of us have worked together on another project.

The new white paper is now online at https://www.presearch.io/uploads/WhitePaper.pdf

Building a fully-decentralized search engine is a massive undertaking, and we see it being accomplished in steps, with the first step being this highly-usable search tool that we can build usage, value and community around.

Please let me know if you have any questions.

Thanks!

Colin

Thanks, 2girls for looking on the bright side.

We're not going anywhere and are committed to bringing this project to life.

We've had a great response from the broader community, including from one of the original founders of Ethereum and the manager of a large crypto fund.

We've sold out our initial pre-sale already and are now wrapping up the second part of our pre-sale ahead of the July 25th public sale.

Hi Gandalf,

We are newer to this world of cryptocurrency in a sense, though we opened up the ability for the merchants on our ShopCity.com platform to accept payment in Bitcoin back in 2013. Unfortunately, we didn't stumble across BitcoinTalk until much later, so we're just cutting our chops here.

We have a good idea of where the project should go, and some very innovative UIs and technology in the works, but feel that the main gap in Google's armour is its lack of transparency. For Presearch to be fully transparent, it needs to be open to community input. There are so many smart, skilled people out there who would contribute to an initiative like this, but they need a framework and that initial momentum, which is what we will provide with Presearch.

Looking forward to your feedback as the project evolves.

All the best!

Colin

virasog - In our case, the announcement accidentally went out when we were first getting organized. We had some great questions come up and didn't want to delete the thread, but needed to stay focused so we could get things rocking.

Really appreciate everyone's patience and understanding!

And thank you, for keeping the conversation going, Gandalf.

We will definitely link this pre-announcement thread in the official announcement.

One thing to note before I answer your questions is that the launch date that we have up on our website (June 27th) has been pushed out to July 25th.

Right now we are planning on using a fixed price token model for a few reasons:

• For the sake of clarity for purchasers / customers and their ability to budget (as you mentioned)
• We have priced it in the pre-sale already and have great momentum happening there right now
• As tokens will be used as part of the go-to-market strategy we have designed some plans around specific amounts, and we want to be able to sell the tokens actively to ensure that the start-up budget is available; it's much easier to sell something with a fixed price
• Because we are going to allow for payment in multiple cryptocurrencies, we are denoting the price in USD at the time of the sale

That said, we haven't locked in the price or number of tokens 100% yet, and are weighing the value of doing multiple token sales rather than one larger one.

We will keep you and everyone else posted as we get everything 100% locked in over the next couple of days.

In the meantime, we'd love your feedback, and that of anyone else reading.

We are leaning toward 1 billion tokens, which some have objected to.

The primary reason for doing this is that we believe that for the sake of semantics and how we refer to our tokens within the consensus, reward, sponsor and node ecosystems, we'd rather be referring to 'x DSTs' as far as pricing, incentives, contributions, etc., goes, rather than fractional values or $-denominated values.

Therefore, we'd need at least a billion of them to fulfill at least the first stage of the project. I haven't heard of 'splitting' tokens yet, and it sounds like it isn't particularly feasible: https://ethereum.stackexchange.com/questions/11612/smart-contract-for-company-stock/11615 (though that may have changed recently and I'm unaware). It's possible that even the 1 billion contemplated may not be enough to allow for whole DSTs throughout the life of the project, but we'll have to cross that bridge at some point. It's possible that we may need multiple types of tokens, along with the ability to exchange them as well.

It is a massive opportunity and the search space is currently the largest and most valuable Internet use case at the moment.


Sorry, please allow me to clarify.

At some point, yes, it is likely node-based. To start the token will primarily be used for the reward, voting / consensus, sponsorship platform. But when it goes totally decentralized from decentral-ish (especially compared to Google!), likely using some combination of a blockchain and IPFS https://ipfs.io/ index, and incorporate nodes, there will be an incentive provided.

The primary value conferred on DSTs will be from sponsors. That value should provide sufficient compensation to those running Presearch nodes.


When I wrote 'advertisements', I should have been more clear and termed it 'sponsorships' which is how we refer to them internally. We don't like advertisements either, especially the way Google currently does them, somewhat confusingly within organic search results.

The genesis for Presearch was a 'skunkworks' project we hacked together and have used internally for the past few years. I coded that version myself mainly.

In this version there's no index, and it's a pretty basic interface that enables the searcher to choose to directly search a known database using an icon.

As such, there isn't a ton of room for advertisements or sponsorships.

Something we've been contemplating though is the use of autosuggest sponsorships along these lines:

https://www.presearch.io/forumimages/sponsorship.gif

(Unfortunately, I can't post inline images as a newbie account. Also, this is not what the actual version will look like, it's just a quick hack mockup.)

I've always liked the 'brought to you by' model, and believe that we can create significant value for sponsors at the keyword level, and at the overall site level.

Similar to the BAT model, the user will have the option of viewing / clicking through to a sponsor's website and will be compensated for doing so via DSTs.

I'm a big believer in domains from a branding, security and intuitiveness standpoint, and we've discussed limiting the entity name to a domain to avoid confusion and make it as secure as possible for the user, knowing exactly which URL they are clicking through to.

Click / impression fraud is a huge concern of course, and this is something we are working on right now. We have some pretty crafty ways that we think we'll be able to increase relevance, ensure sponsorships are fair and also minimize fraud / maximize engagement.

At some point, it'll likely make sense to run our own index to minimize our reliance on Google, but perhaps we'll just partner with DuckDuckGo as they get better and better and search. We haven't been in touch with them at all yet.

Gandalf, I'd welcome your thoughts on whether something like this sponsorship model would be palatable / appealing to you. Same with anyone else reading.


I'm not going to BS you. This is not going to be easy.

A lot of searches are doing through the browser bar without accessing Google.com these days. We haven't been able to find any stats, but I would assume it's the majority.

Google is damn good at search, and it would be really, really hard to top their general results. That's why we've left them as the default engine option; it really minimizes the impact on the user while enabling them to switch to Presearch.

In particular, we believe there's a specific demographic of people for whom this will have value and who would switch:

• Web workers who spend a lot of time on a laptop / desktop (devs, designers, admins, marketers, content producers, etc.) and are always online.
• People who deep-search specific databases on a regular basis in particular
• People who want to earn crypto tokens
• People who are concerned about Google's search dominance

The crypto group of let's call it 5-10 million people would be the initial potential user base.

The crypto and Google-wary aspect of the user base is actually secondary, opening up the market to significantly more people - likely well over 100m globally.

This user base will also expand as we partner with browser makers to power their search fields, as well as third-party websites.

The great thing about this user base is that while it may not be as large as the general population, it is a group that is likely savvy enough to actually set the site as their home page, and who will experience enough benefit from being able to deep search specific databases without first having to Google the name of the resource (ex. Twitter) and then run a second query on that service. It's also an influential and affluent group in general.

We also plan to reach out to the domain name owner (domainer) community, as they have a ton of highly-targeted, but under-monetized traffic that we could plug into. I have significant contacts in the space, going back a number of years:

https://www.google.com/search?q=colin%20pape%20dnjournal

And also within the local media space (which is under heavy assault by Google and also has a significant volumes of search traffic / usage):

https://www.google.com/search?q=colin%20pape%20local

There are a ton of other potential partners with significant traffic that could benefit from a new monetization model as well.

Setting up these kinds of revenue-sharing partnerships is where I see smart contracts really being valuable.

Being able to audit the actual tracking / remuneration a publisher is receiving, and see the actual wallets / addresses / balances and the flow of funds would be huge for them. Transparency for once.

We talk about the blockchain as being 'trustless', but between partners it's actually as close to 100% trusted as possible, which is a huge breakthrough.

So we will definitely leverage this huge opportunity to be totally transparent with partners and build a massive network of properties that integrate the Presearch field and autosuggestions w/ sponsors.

Not sure if I should be sharing this specific go-to-market strategy - my closed source business background says to keep this private - but the open source nature of the project and the funding mechanism and quality of this community says to share away. Please correct me if what I'm doing here is wrong / dumb.



I totally hear you.

We really aren't thinking so much of ways to make it fancy, but more useful and user-friendly.

For instance, we believe that there are a number of different workflows that are fairly common across different types of web workers, so we plan to make the resources that Presearch searches customizable, with a number of standard options pre-populated based on the type of user.

We will launch a few ways the tool can be easily customized to be highly-functional.

This will include the ability to easily add a custom engine and specific URL parameters to enable deep searching.

The ability to hide sponsors would be possible, and the potential reward for choosing / displaying sponsored ads should be incentive enough.

At the end of the day, we're initially appealing to people who care enough to change search interfaces and set this as their homepage. This is a power-user demographic, and if we can get them to switch, we believe the search volume could be quite significant.

Before we actually build a full index, we'd be building our auto-suggest index, and there are many opportunities around access to this data as well.

Looking forward to your thoughts on our plans and to any suggestions you might have.

Thanks again for commenting!

Colin

Two linkedin profiles given for the team and I can't see mention of presearch on either one. Whitepaper is two pages long and has basically zero information in it. As far as I can tell the plan seems to be to make a cheap and very simple composite search box that just lets people use Google and DuckDuckGo and then hope 'the community' comes up with a plan to make a decentralized search engine.

Shame, because I was really excited by the idea to start with, before I looked further.

Looks like the information is still unclear, we just wait for the next update.

the idea behind the project seems good enough

i ever thought about this kind of project sometimes,
but i am not a programmer to make an idea like this becomes a reality.

good luck then


EDIT:

more informations regarding the names involved here:

http://www.shopcity.com/a/

The OP gives the website, that is normal on other social sites and most people would use that site to keep up to date, but the members here refuse that and demand answers and now.  This is why so many people with decent ideas drop them halfway through and quit and never say a word.
 

Most newbie accounts talking about anything are ignored by me, but I just have a decent feeling that the person is a genuine dev/business person with an idea that is going to be destroyed by the community before it gets started.