Topic: If Me or someone else made a Premium Paid Faucet would you use it? (Read 977 times)

I like the idea, but looks a bit impossible to make it profitable for you and for users. Surely you would must add advertises to boost your income.

But anyway, it's not a good offer to claim every 2 hours to earn maybe 10% over your 5 dollars investiment monthly. A game with upgrades and realistic rewards would be better.

Offers with upgrades like 100 satoshi per minute generator never works on long term!

If with ads faucets are dying then how will this faucet alive without any advertisements ?

This wouldn't work as Faucets are meant to collect Free BTC. By paying users would not be interested as the amount they claim would be the same that they deposited (in the initial period and then like a ponzi site)

The point of using faucets was to give newbies some free coins to play with and see what's the bitcoin transaction about.
Since bitcoin became expensive, the faucets give much less money than necessary to start a transaction.

First conclusion: even now 99.99% of the free faucets are completely pointless. (the rest offer some entertainment, like playing dice on the money "earned" from the faucet)

Now, making a faucets the users pay to use ... makes no sense. People can buy Bitcoin directly.
Second conclusion: your faucet idea is something between a Ponzi and something completely useless.

With no ads he can only pay as much as the user pays so no profit :-)

The whole purpose of users trying faucets are getting fractions of BTCitcoin for free in the first place, without the need to invest anything beforehand and what your trying to do here is and will most likely just another way to get money and runaway unless you let an escrow hold all the funds (but still I doubt people will use this type of faucets over the existing types). Btw the premium price your asking is very high.

You can call it the Ponzi Faucet, hey look, domain is available http://ponzifaucet.com/ .

Go wild!

NP. I have an idea. If you accept payments via paypal, you might attract more people as it might be an alternative, easy way of buy some extra bitcoin with couple dollars people have in their paypal account.

Ofcourse  if you build up trust it will be more easy for you to accomplish your target & one of best way to build trust is free membership as i said in my last post.

Yeah a game like farmsatoshi and faucet like smashbtc.
But please make something new with free membership not forced upgrade only interesting person will upgrade or buy.

Thanks you! Best answer here! Never tried so how would it be a ponzi! Thank you for the feedback!

I think your biggest issue would be gaining trust for new users. It is a fact most people will be doubthful atfirst. Other than that, it is hard to say wether it would work or not. Obviously it was never tried before.

This isn't real and if I made it why would it be a ponzi?

Nah there are  lot of faucets. Ands it feels like ponzi scheme.

paid faucet have no sense but if you have a game with upgrade option then it's diffrent thing .

i don't understand the sense of faucet with payment.
faucet is free, is a method for newbie have a little bit of bitcoin and understand how work bitcoin and for the refhunter to have many ref for earn.

Is what you explain not the defination of a Ponzi scheme,  How can a person ever get back more than they have put in unless you paying them with the deposits from new entrants to the faucet,

dosnt make sense man give up on this one........

I used to sell my custom faucet. Trust me, it's not worth the hassle.

Unless you'll invest the collected fee in a truthful way like trading then distribute your earnings to the users so they can get more than what they paid for, it could fail in one point or another. Nice idea though if true.

This is going against the whole idea of a faucet in the first place. The original intent was to promote adoption of a coin, by giving out small amounts of it to the community at large to encourage them to explore and use the coin. By offering a small amount, it at minimum necessitated that the users create a wallet and at least work through the basic process of sending and receiving transactions. Once they had these basics down, many of them may be inclined to stick around and become members of the coin community.

At least that was the basic premise during early Bitcoin, and to some extent early alt-coin (such as LTC) days. As the cryptocurrency world gained interest, the value of the coins began to increase such that relying on generosity or donations to fund a faucet was becoming harder and harder. This coupled with the fact that scammers looking to make multiple claims were draining the faucets quickly, made the need for some other form of funding, thus advertisements.

At first this was kind of ok, but over time the needs of faucet operators have grown over the spirit of the faucet concept and the faucets became laden with ads, paid out little to nothing, and had many hurdles such as weird captchas to overcome. Granted some of this was in direct result due to the bots hammering the faucets for a free payday, but in the end for the average user the original intent of the faucet is long gone. The time it take to accumulate enough to not be eaten up by transaction fees, cost more in electricity running the computer than you will receive.

Wow, this seemed to quickly turn into a rant. Anyway, the takeaway is no, I think this idea is not at all a faucet but more akin to a ponzi as others already have pointed out.