Presearch, a decentralized meta-search engine, has advanced its Web3 transition by launching its PRE token in beta on Base, a layer 2 blockchain supported by Coinbase.
The company, which avoids tracking users or selling their data to advertisers, announced this development as part of its ongoing effort to create a fully decentralized search ecosystem, enhancing accessibility and efficiency for its users and advertisers while addressing long-standing challenges like high transaction fees.
The shift to Base Layer-2, designed to improve scalability and reduce costs for on-chain activities, enables Presearch to offer self-custodial staking mechanisms, allowing users to maintain full control over their assets while earning or staking PRE tokens for keyword ads.
This upgrade tackles issues such as low liquidity and expensive transactions that have previously …
Full story available on Benzinga.com