Presearch, a decentralized search engine focused on privacy, has announced a partnership with market leader NFT OpenSea to advance the development of the Web 3.0 ecosystem for the global community.
The Presearch Network is backed by a community of node operators and sponsors who are given Ethereum-based PRE tokens to boost network activity.
According to the detailed analysis in the company’s release, the platform has 2.7 million registered users and 3.5 million searches per day.
Cointelegraph spoke with Presearch founder Colin Pape to get an exclusive insight into the inspiration behind OpenSea integration, as well as the precedent it’s creating for the cryptocurrency ecosystem:
“While many of our users are crypto enthusiasts, we also have many artists and players, and now they are also spending more time in the NFT metaverse. This Presearch release makes it the easiest way to find and access all the results they want, including NFT details. ”
After integrating CoinMarketCap in early October and now OpenSea – the latter with an average of 100,000 users and between $80 million and $100 million in weekly transaction volume – the platform has made a strong commitment to include a number of other popular NFT marketplaces in the near future. …
In September, Presearch became the first crypto-focused search engine to be included in the standard list of new Google-controlled Android devices fitted at the factory in Europe and the UK.
In 2018, the European Union’s antitrust watchdog found Google, the world’s most popular online search engine, guilty of violating fair competition laws by promoting a search engine monopoly for Android devices.
These results resulted in a record fine of 4.24 billion euros ($4.2 billion), far exceeding the previous record 1.06 billion euros ($1.2 billion) imposed on other Intel technology companies in 2009. The year.
In response, Google had to make a number of changes to its browser settings; Including increasing the number of standard search engines visually represented in the user’s selection list, and eliminating the payment requirement as a means of achieving rankings.
Related Topics: The decentralized search engine has become the default on European Android devices.
The platform’s original token, PRE, which serves as a tool to implement features including keyword bids and search incentives for registered users, rose more than 1,000% in September and mid-October, from around $0.04 to a record $0.44. .
This massive rise in asset values was partly driven by positive fundamentals such as the announcement of Android.
Towards the end of the call, Cointelegraph asked Pape to share his views on the importance of platforms and companies operating or building decentralized structures when cryptocurrencies enter the mainstream market. to reply:
“Decentralization is at the heart of the blockchain, and the openness, interoperability, ownership and lack of gatekeepers that are inherent in the blockchain are what make NFTs so different and so valuable. […] It is important to maintain these qualities and this spirit, and by connecting decentralized platforms and communities with the NFT, We want to make sure that this amazing technology is not only used by the big tech companies for their own benefit.”