RE: Taking Advantage Of The Cryptocurrency Opportunity
I wonder if some people are troubled by the notice that the minimum current amount of PRE before you can withdraw is 1000. I went here and clicked "Redeem Tokens"
https://www.presearch.org/account/tokens/rewards
It says, "Token withdrawals are coming soon" and "we've set a fairly high withdrawal threshold of 1,000 PRE to start".
I'm personally not super concerned because when I started here on Steemit, there was No Way to withdraw anything! So I understand that withdrawal functionality can come later in a project. But I can see why others might not put this on their daily To Do list when they need to do almost 4000 searches to be able to withdraw their tokens, at least in the current situation, which they say in regard to the threshold to withdraw - "This number will likely decrease in time, and we will keep all Presearchers notified via email when they are able to withdraw."
That could be very true.
It was only recently that they enabled any tokens to be withdrawn since they were working through some people using multiple accounts and fraudulent behavior.
I agree I am not that concerned about it and, on one level, it does make sense. They want to give people the incentive to use the interface to help build the machine learning algorithm.
Handing someone $2,50 worth of tokens just for signing up means that many would sign up, take the money, and never do any searches.
So I can see both sides.