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You are playing with the small kind little bird, which flies from cloud to cloud. However, there are angry hawks that are hiding in some clouds and waiting to kill your bird. With the growing popularity of Bitcoin people started to look forward to earning on it. Faucets help to introduce new people to the field of crypto-currency, to promote the idea of Bitcoin, and, of course, to earn some money for their developers. First who thought about faucet idea was Gavin Andresen, a developer who is working on various Bitcoin project during his career now he is a chief scientist at the Bitcoin Foundation — a nonprofit organization that works to promote and protect this crypto-currency.
So what exactly is the Bitcoin faucet and what is the principle of its work? Doing these actions, you earn Satoshi — a 0. Well, technically, you really get free money. And here is the way to earn for the website owner. You create an attractive website with some cute game. Randomly the reward is multiplied. You also suggest your visitors to attract their friends and get the additional bonuses. People are playing the game, earn some satoshi, however, satoshi are paid once per some time day, week, etc.
It means that one visitor, to get his earnings, has to spend some time on your website. If the user is lucky, if the game is interesting, and if there is no problems with payments, he comes back and tells his friends. You get more visitors, who spend more time on your website.
It means that you can earn on contextual ads — you receive money for the displayed advertisements. The more people will see your ad, the more you earn. Usually, Bitcoin faucets are used for those who just start their acquaintance with crypto-currency.
In funny and interactive way they involve people to the crypto-currency field by making them create a Bitcoin wallet, get interested in the Bitcoin rate, latest news of the niche, etc.
So the idea of Mr. Modern Internet hardly resembles the initial idea. At the beginning, the Internet was believed to be the means of free and uncontrolled way to communicate and share opinions, without regulative eye. However, the network has become more and more centralized with time. The biggest part of traffic is passing through the servers of a few big corporations, like Facebook, Google, PayPal.
If you want to communicate with somebody, or buy something, you have to trust not only your partner, but also one of the intermediaries. And therefore, we sacrifice control, privacy, sometimes even safety. Why not re-build the Internet, returning to its initial idea? Ethereum is a mixture of a platform, crypto-currency, and programming language that helps to create decentralized applications — and it has the ambition of changing the habitude. Ethereum is based on the idea of the ideal decentralization, shown by Bitcoin project.
Based on the blockchain principles, Ethereum, however, goes further than just being a new digital currency. It was planned as a Turing complete language, which can be used for creating of any applications.
Same as blockchain, Ethereum is functioning in the form of data base distributed between users. Ultimately, the biggest part of Ethereum success will depend on the ways it will be used and what solutions will be created on its base. However, big popularity may become a tender place of Ethereum, because peer-to-peer network would suffer from big overload.
Decentralized singularity is real, but this cannot be created in one day. So why do people do this? Come on, freebies are always good, no matter how much it is! In addition, if you visit different faucets, you will surely find something interesting — some catchy game or similar, that will help you to kill the time with fun and a bit of profit.
Originally, Bitcoin faucets were created to promote crypto-currency, as a new and unknown field. It was a possibility to try practically what is Bitcoin, without investing your own money.
With time hustlers have found ways to earn on Bitcoin faucets. Faucets are high-traffic websites, with hundreds of thousands of visitors per month. Meaning that the site owner can earn with Adsense and other ads, which pay per view or per click. So creating an interesting game for Bitcoin faucet and attracting therefore more visitors and, of course, paying a little bit more than other faucets will be quite profitable for a website owner. By the way, there are not only Bitcoin faucets: Litecoin, Dogecoin, Peercoin faucets exist as well, so you can try them all, and then try to make some exchanges and transactions.
This way, you will become more used to dealing with crypto-currency and be ready to fulfill more serious operations. Among Bitcoin faucets separately stand those that offer crypto-currency reward for reaching a particular level, completed mission or fulfilling other game task. To understand the rules of such game types is not hard, the main point of such games is the following: You can collect your funds by repeating your actions and withdraw your earnings to the Bitcoin faucets, or you can spend your money in the game, by improving the game buildings or equipment.
This is evident that to reach a certain level of profitability, one must spend some time in the game, gradually improving the available functionality, or invest some amount at once to reach higher earnings from the start.
Usually, the interface of such games is simple and not overloaded with excessive details, everything is understandable on an intuitive level. The faucet websites themselves receive income from the demonstration of various ads, you have to remember about it and switch the ad blockers, if you use ones. And of course you should remember about money reward for patience and persistence.
How to Earn on It With the growing popularity of Bitcoin people started to look forward to earning on it. To receive free Bitcoins, you have to make three easy steps: Pass an easy registration Step 2. Study closely the game rules Step 3.