Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (3,732)
  • Analysis (3,840)
  • Bitcoin (4,470)
  • Blockchain (2,157)
  • DeFi (2,623)
  • Ethereum (2,773)
  • Event (119)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,714)
  • Press Releases (12)
  • Reddit (2,847)
  • Regulation (2,474)
  • Security (4,103)
  • Thought Leadership (3)
  • Videos (44)
Hand picked
  • Uniswap RFC explores running private exchanges using v4 and UniswapX hooks
  • Australia targets Telegram a day after Russia indicts Durov
  • Bitcoin’s weak hands fold
  • Success Story: Jonathan Nichols’ Learning Journey with 101 Blockchains
  • Kraken Cyprus honored at the 14th Invest Cyprus International Investment Awards
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Security»Presearch Series II Node NFT Auction Sells Out, Generates Over 8.5M PRE, Doubles Participation
Security

Presearch Series II Node NFT Auction Sells Out, Generates Over 8.5M PRE, Doubles Participation

March 11, 2026No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Presearch logo1.png
Share
Facebook Twitter LinkedIn Pinterest Email


Presearch, the privacy-focused profiling-free engine, today announced that its Series II Node NFT auction has sold out, generating over 8.5 million PRE in total proceeds, more than double the nearly 4 million PRE raised in the inaugural auction, marking the largest deflationary event in PRE history.

The auction distributed 418 node license NFTs, with each node exceeding its reserve price despite a 50% increase in reserves from the previous sale. The event also attracted 127 unique bidders, doubling participation from the first node auction and signaling accelerated demand for infrastructure supporting the Presearch network.

Node NFTs grant participants the right to operate nodes that power Presearch’s decentralized search infrastructure, helping to process queries, maintain network resilience, and expand platform capacity as global search volume increases.

“The sale of Series II demonstrates strong and growing demand for participation in the Presearch Network,” said Tim Enneking, CEO of Presearch. “With higher reserve prices, double the bidders, and more than twice the proceeds of the first auction, the results highlight both the strength of the community and the growing value of the DePin research infrastructure.”

The rapid sale of Presearch’s node license NFTs marks a turning point for the company as it expands beyond its roots in privacy-focused search to become a true DePin AI Factory, a distributed intelligence layer designed not only to power its proprietary web indexing and search engine, but also to power AI agents and bespoke enterprise AI pipeline workflows to meet the ever-increasing demand for GPU computing. The company says it is already in discussions with several pilot customers to explore how their confidential computing network can transform raw data into high-signal vectorized Frontier Intelligence without storing user data.

Proceeds from the auction are returned to the PRE treasury, reinforcing the increasingly deflationary design of the token while supporting the continued development of the ecosystem. As search activity on Presearch.com increases, additional nodes will be needed to expand the network’s capacity, creating ongoing opportunities for community members to participate in securing and scaling the platform.

The Series II auction is part of Presearch’s broader strategy to gradually decentralize its research infrastructure through node ownership and community participation. By aligning infrastructure growth with research demand, the network continues to strengthen its decentralized architecture while strengthening a sustainable economic cycle for the PRE token.

Node license NFTs from the auction are viewable on OpenSea, where the collection currently includes 418 node licenses in total.

Presearch plans to continue expanding its node network as usage increases, with future sales expected to support the next phase of scaling the platform’s decentralized research.

To learn more, please visit

About Presearch
Presearch.com offers a privacy-focused, profiling-free search experience with results comparable to major search engines. Its search-to-earn model rewards users with PRE tokens for each search, creating a unique value proposition. Powered by a decentralized node infrastructure, Presearch promotes fairness and mitigates bias in search results, unlike conventional platforms that may prioritize interested content and suppress others. With a loyal community, the platform serves nearly 10 million searches per month.

MEDIA CONTACT: (email protected)



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe Axiom Insider Trading Scandal: New on-chain data shows wallets “knew” about the ZachXBT exposé before it dropped
Next Article Binance Withdrawals Jump, ETF Demand Increases

Related Posts

Security

Success Story: Jonathan Nichols’ Learning Journey with 101 Blockchains

July 30, 2026
Security

Zoomex to Participate in Coinfest Asia 2026 as Gold Sponsor and Host of Summer Bay Party in Bali

July 30, 2026
Security

80 Crypto Wallets Accessible by Video Game Malware

July 29, 2026
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Dutch Blockchain Week 2026 strengthens position as Europe’s leading B2B blockchain event week

April 14, 2026

Amsterdam, April 2026 – Dutch Blockchain Week 2026 is rapidly evolving into one of Europe’s…

Event

Global Games Show Riyadh: The Ultimate Creator & Influencer Hub

March 31, 2026

The fast-evolving gaming ecosystem of Riyadh is powered by solid national investment, a flourishing esports…

1 2 3 … 82 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Australia targets Telegram a day after Russia indicts Durov

July 30, 2026

Ethena whales withdraw 102 million tokens from exchanges: has ENA selling pressure eased?

July 30, 2026

Audiera loses KEY support – can BEAT recover from 24% crash?

July 29, 2026
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2026 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 75,334.00
ethereum
Ethereum (ETH) $ 2,214.08
tether
Tether (USDT) $ 0.998924
bnb
BNB (BNB) $ 684.52
xrp
XRP (XRP) $ 1.20
usd-coin
USDC (USDC) $ 0.999437
solana
Solana (SOL) $ 88.65
tron
TRON (TRX) $ 0.317625
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03