Topic: [PRE-ANN] [ICO] [DST] Presearch: Decentralized Search Engine - page 3. (Read 7708 times)

This is what actually I was thinking too may be this the reason they are moving more slowly than they should have been. Almost two weeks ago this thread was started and till today they didn't arrange opening page properly. July 25th is approaching fast when the early adopters sale will start but it seems they just threw a micro announcement and that's all.

Well looking at their site, their crowdsale is almost just 28 days away so they better start picking up the pace at start communicating now.
or would they rather hit the iron when its already cold?

You should create a complete thread first,
Then bring ANN in this forum.
This is really junk information

My intuition is that they are inexperienced with this cryptocurrency topic (which is not good), but are open enough to reconsider their chosen way based on community feedback (which is partly good and bad because sometimes, often you'll also have to hold your curse and not change too often). Colin seemed to be very friendly and communicative, so I bet the reason there are no further infos is that they are thinking.

Colin says answers to my questions are coming, so let's see what it is.

At least they seem to be aware that what they say online needs to be reliable, instead of chatting nonsense here they are silent, which is how professionals would do it. So that is good in a way.

I think some of these pre-ann get hit too hard and too quick, especially if the person/dev is new to the paranoid and abusive crypto forums.  Lots of time I believe that they put the pre-ann out there to give the public an idea of what is coming and what they are doing.  They are in the muck of coding and developing the project and want to give people a heads up with the thread and then spend two hours a day answering questions about a project that they have not even fully flushed out yet.

I think most readers like to see the detail in a page, instead of click once more and go to another website. So, I think it is better to paste some key information from the website to this thread, it means the PRE-ANN is formal.

It's too bad how annoucement thread without any information details about project. One link for all? NO.

How is the progress of the progress, and I see no progress in this release, How I  can contribute to publicity   

Thanks for the extensive answer, Colin!


Ok I don't think it will be a great problem, you can then just link this PRE-ANN thread in the actual one.

One thing I wonder about is, what will be the terms of the ICO? Is it a first-come, first serve with fixed price? (in which case people like me would need to start allocating funds much earlier). If so, what is the price? Or will the tokens simply be distributed proportionally to the amount of money someone invested? In that case, do you count the price at the day of investing (e.g. 1 BTC = $2500 on day 1) or on the final day, when the price may be different? (e.g. the same BTC may only be $2000 or even $3000 on 27th July). You should announce these things before the ICO starts, so people can accumulate funds early if necessary.


Ok I don't quite get these points ... the network is running decentralized between nodes, right? Why would I run a node? Do I have any advantage from it? It costs money (or resources in general) to run a reliable node.

As a user, I would rather pay to NOT have advertisements, lol. There are enough search engines that don't have ads, and also there are ad blockers ... I would rather expect to be paid for looking at advertisements, seriously.   I'm not quite sure how this business model will work? Also, who will the advertisers pay money to? To your company? Or the node operators and users of the network.

Thirdly, how do you want to make people switch their search engine? Are there any distinctive features that your product will offer, compared to, say, DuckDuckGo? I'm not quite sure what you mean by "search tool". Every search engine is a search tool for me.

Also I've been quite accustomed to the way I am searching, I'm not sure I would be interested in a way to "customize" the interface or so ... or even pay money for it?! Most people just want something that works. And if you're ultra-fancy you can even have Google "themes" or such stuff. The problem with customizing the interface itself that I see is that it also requires you to change your workflow. So it will be essentially the Emacs of search engines, that only a few nerds are using. The most important feature that today's search engines have, IMO, is that they are simple, and they all work the same.

So to make this clear, I'm not trying to be negative, but I'm asking the questions that are critical to me, in order to understand if I like your concept or not.

I hope dev will offer nice bounties regrading this and so many people would like to be part this community.

Sorry for the delay, Gandalf86.

To be totally transparent, I was hoping this thread may fade away, as it was launched accidentally and not in the manner that was intended (we had a mix-up on the to-do list and Sherry went ahead and posted this announcement prematurely). After the proper one was up, I was going to pull in the questions received on this thread and ensure they were answered.

I appreciate your interest and am happy that you care enough about this project to follow up! That's awesome!

1. Yes, we will likely need to implement our own coin to run the actual blockchain index, to minimize both bloat and costs. It is something we are considering, but feel that launching an ETH token for the consensus / reward / advertising functions is the best way to go. At that stage of development, we anticipate that the community will be actively involved in strategy and development.

2. Users will be able to spend DSTs on advertising / promotion (it will drive the Adwords-like, but open and unobtrusive ad platform). Opening up different types of features and ability to customize the system is a great idea, and one we can definitely refine further and incorporate into the road map in more detail - we'd love any thoughts that you have. We have some early ideas about customizations that could be offered - more on the visual side and ability to activate different personalization options. There's also a great opportunity around data and ability to mine it for insight.

3. At this stage, we see that the revenue / incentives will be primarily on the advertiser side. They will pay for the opportunity to be discovered 'outside' of the natural results. These fees can be directed to reward the nodes. The key to launch the project is to get consumer usage first, which is why we're launching it as more of a search tool that will direct people to existing indexes (ex. Google, DuckDuckGo, Twitter, Facebook, etc.). Once we have usage and can start collecting data, we'll be in a much better position to architect the interface (we're thinking it won't be in the traditional '10 blue links' format) and index / relevance model.

4. We are researching YaCy as well as some other open models to determine if there are synergies and learnings. We are also engaging with the few other people who have started search engines in an attempt to compete with the big 3 to learn from their experiences.

5. As I mentioned above, this announcement and some of the timelines were announced prematurely. The project is in development, and this thread was not meant to go out until we are ready. We're taking this early feedback to heart and will ensure the project gets off on a great footing in the near future.

To answer your questions though, Presearch has already completed a meaningful pre-sale of tokens, and the ShopCity.com team that is working on the project is being compensated through that company, which is established (17 years in total, 76,000 business members, millions in revenue) and profitable.

6. The token pre-sale is happening outside of an ICO experience, and the overall model is evolving.

I guess the bright side to this accidental early release is that we are learning and growing right in public. We had considered just deleting it, but due to the great early questions felt that it would be a disservice to everyone involved already.

I appreciate your continued interest and welcome you to continue to partake in this thread, and on the official one when we properly announce it.

Thanks!

Colin

Phew, no answers? Must say that I'm a bit disappointed. 

It is quite interesting. I am looking for more information.

How much money are you going to raise during the ICO ?  Just to meet the funding for project development?  Or   just  as much money as possible?  How to deal with unsold tokens?  and  when  is the presale?

Looks so serious, I love that web design colour full. What about the unsold coin during ICO, is there plan to burn it? If yes, this token will have a good chance to walk on this world.

Hi Colin, I have a few questions for you here:

1. Why do you use an ETH token? If you're not using any specific ETH features you could in general also run your own coin with its own chain, which would be a much more lightweight solution. Personally I don't like ETH too much, that's why I'm asking.   It's way too big and bloated IMO. Have you considered alternative options to ETH? What about running your own ETH chain between the search engine nodes if ETH is what you need?

2. How are users going to spend DST? I read that people can pay developers for making new features using DST. Anything else? Are there any features (performance, search accuracy or other search features) that people can spend their DST for?

3. If the network is being decentralized, how are nodes going to be rewarded? Do people need to spend a small amount of DST to make their search, and pay the nodes which are processing it? Are nodes going to be rewarded for the indexing/crawling work that they probably need to do?

4. Have you evaluated the possibilities of working together, extending or integrating your ideas and especially the monetary/blockchain aspect with an existing distributed search engine such as YaCy? http://www.yacy.net/en/

Thanks for coming here, however I see this is going to be a pretty small ICO if things continue like this ... which leads to my 5th question:

5. How much do you depend on funds raised by ICO? Are you going to be able to continue and finish this project if you just raise a small amount?

6. What is the "token presale" vs. the "initial token sale" that is mentioned on your website?

Ohh so many of us wants easy btc but this ico is funny )

You had me there, all good then.
Now im curious and will patiently wait to learn what domain will be used.

I wish you all the best with this Project, and you are right, imo, "no one" should have that much power, but they do and taking a portion of it will be very challenging, ill dev stick around and watch this go down, it will be a very very interesting thing to watch if you (and team) succeeds.

P.S. im a bit disappointed by the amount of Tokens available, why oh why did it need to be 1Billion. well, atleast its not 50... .

To start, we will make it available on the general web to any user.

The ethereum token model will be used to incentivize usage, contribution to and promotion of the site / platform, as well as for the advertising system.

Eventually, we envision a totally decentralized version that would run entirely on the blockchain, but as of right now, it likely isn't possible / feasible. At that point, the community would be driving the development of the platform, and I'm sure with the collective brainpower, we'll be able to come up with something.

It would be so liberating to have a decentralized and open search engine. As an entrepreneur, and researcher who has gone down the rabbit hole (judging by your NWC handle, I assume you have as well), I struggle with Google's censoring or selective displaying of results.

I fear for the clampdown when push comes to shove, and the whole 'fake news' thing is scary. A lot of what is deemed to be fake could very well be true (but inconvenient and anti-establishment), and a lot of what is true is nothing more than propaganda and/or distractions.

Would appreciate your input as Presearch develops...

I really hope that the information regarding any bounty campaign will be available for this project.