@wizardave, they had an ICO last year so there are some PRE tokens out there and available for trade. Then there are the tokens you earn for searching, which are the same PRE tokens, only they are currently locked in to your Presearch account until summer. Some people have tried to game the free token system so t he Presearch team wants to make sure they take care of this before releasing those free tokens.
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Aha! That makes sense. Thanks for that info @summertooth.
Gotta love FREE stuff!