I have been using Presearch for several days and I collect coins for searching in your browser. I would like to know if there is any time or quantity limit that I need to achieve in order to be able to withdraw collected PRE?
Hi GreatBug!
Thanks for trying it out.
Yes, we have a fairly high withdrawal threshold right now of 1,000 PRE to protect the project from abuse.
We implemented a new level-based system last month that algorithmically identifies patterns of abuse and assigns a level to each member. This level is then multiplied against the number of tokens you've collected to determine the number that are eligible for withdrawal.
The system isn't perfect, but it's been a good first effort to improve communication with members and provide us with a scalable means for protecting the project without resorting to KYC-like intrusions into privacy.
We will have 1m members before the end of the month, and hundreds of people have successfully withdrawn their tokens.
We did have some communication challenges early on, but have made significant progress in the past two months in particular.
You can read more here:
https://medium.com/@presearch/https-medium-com-presearch-new-feature-rewards-verification-system-af39d7ed648e
Please let me know if you have any questions.
All the best,
Colin