Presearch has declared a $1 million grant to promote crypto projects. The subsidisations will be awarded through a balloting procedure in 10 various forms in the bearish sentiment in the cryptocurrency market.
1 million dollar financial support
Presearch, a blockchain-based (SE) search engine, announced it had received a $1 million advertising grant. Nevertheless, balloting started on Monday this week and will end on the 16 of December. The undertaking that gets the most votes will launch its advertisement race on Dec. 1. The new Twitter post encourages Presage users to use the voting procedure to make their favored project win.
Keyword ads worth $50,000 will be raffled off. There are several categories present and each one can have a winner. Among the main categories are currency, censor-resistant/private tokens, decentralized commercial enterprise, metaverse/gaming apps, NFTs and many others.
For search platforms (in add-on to the definition of web-3 services) social networks are included ( e.g. Hive) as well as some of the underlying Web3 technologies (such as Flux or Rainbow).
Also read:Advertising work
The successful blockchain work, chosen from 10 categories, is going to get an advertisement benefit of $100,000 from the platform. The rewards will consist of $50,000 for keyword ads, $45,000 for everyday support and another $5,000 for social advertising.
Terms and conditions
Presearch has posted the voting conditions on its official media box.
To vote, you must first create a Presearch account, and owners of at least 1,000 PREs are eligible to vote 10 times. The coins can be stocked in a personal account or in an external wallet.
Second, owners of more than 1,000 Presearch tokens have 10 times more voting rights.
In a press release, the decentralised lookup engine stated that works detected to make up many fake personal pages will be ineligible from the contest. The program also stressed that clients must be fair and open to ensure that the choice making process is reachable and legible.
To conclude, the overall project is seen as really promising and will help promote education and the overall utilization of crypto, as well as technological advances in the long run.
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