It is worth it to make your own faucet?

Abiky

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www.Crypto.Games: Multiple coins, multiple games

Quote from: reuschman on February 08, 2017, 05:04:49 PM

You want create a faucet for an altcoin? maybe if you choose wisely you can identify a good coin without faucet and then working on it.
But I don't think it really worth the effort.

Yes. I'm more inclined to make a faucet for an altcoin, than Bitcoin since there are many faucets around that giveaway satoshis for free. Usually, it would be best to pick up an altcoin which doesn't have a faucet to take advantage of the situation, and make good profit once it becomes viral.

But I believe that it would take a lot of effort to achieve success with this, so in the meantime I will just test it out on a free host. Wink

Quote from: bitcoin revo on February 08, 2017, 07:11:04 PM

Not at all. You'll be spending hours a day promoting your faucet and running anti-bot/cheat measures. It may seem like a fun experience as it's a new idea and all (and with a bit of profit, it's a win-win!), but trust me when I say the fun will be gone, along with a few bitcoins out of your pocket, in a few weeks/months.

Making a faucet is only good if you have a large amount of bitcoins you're willing to spend to get it started up, as well as the commitment. You also won't be seeing profit at all for the first few months, as someone mentioned above. Even after that point, the going will be slow.

Not worth it.

Thanks for your advice, mate. I will take that into consideration when launching my own faucet towards the public. But in the meantime, I will test out some faucet scripts within a free web hosting provider, just to see how it works and at the same time gain knowledge by building the same for a specific altcoin.

Later, I would consider to go serious with this when I have obtained a good amount of capital, to get started with this project. It would be nice to see how it would turn out to be, especially with an altcoin which lacks a faucet. Roll Eyes

bitcoin revo

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Activity: 1168

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Quote from: Abiky on February 08, 2017, 04:55:07 PM

It would be somewhat difficult to earn good money with faucets, as you would need to attract huge traffic and get a lot of ads, but still it would be for fun and learning.

[...]

Nevertheless, I'm looking forward to become successful with this someday in the future. Roll Eyes

Not at all. You'll be spending hours a day promoting your faucet and running anti-bot/cheat measures. It may seem like a fun experience as it's a new idea and all (and with a bit of profit, it's a win-win!), but trust me when I say the fun will be gone, along with a few bitcoins out of your pocket, in a few weeks/months.

Making a faucet is only good if you have a large amount of bitcoins you're willing to spend to get it started up, as well as the commitment. You also won't be seeing profit at all for the first few months, as someone mentioned above. Even after that point, the going will be slow.

Not worth it.

reuschman

full member

Activity: 155

Merit: 100

Quote from: Abiky on January 20, 2017, 04:49:33 PM

I've always wanted to make my very own faucet for an altcoin. However, I wonder how easy it would be to setup one, as well as how popular it might become once established.

I don't happen to know of any good open source faucet scripts that would help me get started, but if you happen to know of a few, then I would appreciate if you would share then with me.

Also, I'm not quite sure what would the minimum requirements would be to setup the faucet at a web hosting site, as I'm more interested in building it on a free host if possible.

Nevertheless, I would like to know what would you recommend me about this, as I'm planning to make my own faucet to help attract newbies into Bitcoin and other cryptocurrencies, as well as to profit from it.

You want create a faucet for an altcoin? maybe if you choose wisely you can identify a good coin without faucet and then working on it.
But I don't think it really worth the effort.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: mexicantarget on February 03, 2017, 05:15:26 PM

If you're lazy and have no will to work hard on your faucet, then no, it's not worth it.

It's going to be hard and painful to see your balance going lower and lower, while you don't get paid by ad networks when you need the money mostly.
You'll need to have at least some bitcoin upfront, so you can keep paying your users and not expecting any gains for at least 1.5-2 months.
Coding skills = BIG plus.

If you can do the above, then yes, it's worth it.

Make sure you understand CPM/how much you can pay based on it.
Make sure you use trusted ad nets, which wont run away with your coins.
Make sure you don't get influenced by anyone who'll be saying how much you need to pay.

There's a lot of factors, but the most valuable advice I can give you is not to have high expectations when you first start -anything-, not just faucets.

Good luck

Thanks for the good advice, mate. I'll take that into consideration when starting my very own faucet. While I'm still learning the ropes of coding, it would be best for me to use any pre-made script to get started. It would be somewhat difficult to earn good money with faucets, as you would need to attract huge traffic and get a lot of ads, but still it would be for fun and learning.

I'm planning to make faucets for cryptocurrencies which don't have any, as having one would help attract newbies into a specific altcoin.

Nevertheless, I'm looking forward to become successful with this someday in the future. Roll Eyes

Gregc1131

full member

Activity: 223

Merit: 103

Quote from: mexicantarget on February 03, 2017, 05:30:05 PM

Quote from: Gregc1131 on February 03, 2017, 05:28:16 PM

Quote from: mexicantarget on February 03, 2017, 05:19:13 PM

Quote from: ironm@n on February 03, 2017, 05:16:24 PM

Quote from: BitBustah on January 24, 2017, 02:52:39 AM

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

I think that if the OP does not have the necessary skills to solve this problem, there is the possibility of hiring a professional for this, but the costs would increase, of course. There is also the possibility of trying to acquire such skills, and considering the knowledge gained in this, the experience can make the efforts worthwhile.

Actually, he doesn't need any skills to solve that issue:
https://faucethub.io/antifraud

While there is talk about antifraud

, I saw the last time on all my faucets, there was 12 days since last reversed payout, could it be it's not working properly, or it has really been 12 days on all faucets since last reversed payout ?

Quote

mexicantarget Admin
No one noticed that anti-fraud stats were stuck? Cheesy

mexicantarget Admin
It's been stuck since Jan 26th

Noticed it 5 minutes ago, funny how no one contacted me about it. It's been stuck since date given above. All "stolen" coins will be returned to faucet owners. Script was edited and there was a small bug, which didn't allow script run in general

I thought it was weird, same date on all faucets, happens to the best... Tongue

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: Gregc1131 on February 03, 2017, 05:28:16 PM

Quote from: mexicantarget on February 03, 2017, 05:19:13 PM

Quote from: ironm@n on February 03, 2017, 05:16:24 PM

Quote from: BitBustah on January 24, 2017, 02:52:39 AM

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

I think that if the OP does not have the necessary skills to solve this problem, there is the possibility of hiring a professional for this, but the costs would increase, of course. There is also the possibility of trying to acquire such skills, and considering the knowledge gained in this, the experience can make the efforts worthwhile.

Actually, he doesn't need any skills to solve that issue:
https://faucethub.io/antifraud

While there is talk about antifraud

, I saw the last time on all my faucets, there was 12 days since last reversed payout, could it be it's not working properly, or it has really been 12 days on all faucets since last reversed payout ?

Quote

mexicantarget Admin
No one noticed that anti-fraud stats were stuck? Cheesy

mexicantarget Admin
It's been stuck since Jan 26th

Noticed it 5 minutes ago, funny how no one contacted me about it. It's been stuck since date given above. All "stolen" coins will be returned to faucet owners. Script was edited and there was a small bug, which didn't allow script run in general

Gregc1131

full member

Activity: 223

Merit: 103

Quote from: mexicantarget on February 03, 2017, 05:19:13 PM

Quote from: ironm@n on February 03, 2017, 05:16:24 PM

Quote from: BitBustah on January 24, 2017, 02:52:39 AM

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

I think that if the OP does not have the necessary skills to solve this problem, there is the possibility of hiring a professional for this, but the costs would increase, of course. There is also the possibility of trying to acquire such skills, and considering the knowledge gained in this, the experience can make the efforts worthwhile.

Actually, he doesn't need any skills to solve that issue:
https://faucethub.io/antifraud

While there is talk about antifraud

, I saw the last time on all my faucets, there was 12 days since last reversed payout, could it be it's not working properly, or it has really been 12 days ?

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: ironm@n on February 03, 2017, 05:16:24 PM

Quote from: BitBustah on January 24, 2017, 02:52:39 AM

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

I think that if the OP does not have the necessary skills to solve this problem, there is the possibility of hiring a professional for this, but the costs would increase, of course. There is also the possibility of trying to acquire such skills, and considering the knowledge gained in this, the experience can make the efforts worthwhile.

Actually, he doesn't need any skills to solve that issue:
https://faucethub.io/antifraud

ironm@n

sr. member

Activity: 259

Merit: 250

Quote from: BitBustah on January 24, 2017, 02:52:39 AM

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

I think that if the OP does not have the necessary skills to solve this problem, there is the possibility of hiring a professional for this, but the costs would increase, of course. There is also the possibility of trying to acquire such skills, and considering the knowledge gained in this, the experience can make the efforts worthwhile.

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

If you're lazy and have no will to work hard on your faucet, then no, it's not worth it.

It's going to be hard and painful to see your balance going lower and lower, while you don't get paid by ad networks when you need the money mostly.
You'll need to have at least some bitcoin upfront, so you can keep paying your users and not expecting any gains for at least 1.5-2 months.
Coding skills = BIG plus.

If you can do the above, then yes, it's worth it.

Make sure you understand CPM/how much you can pay based on it.
Make sure you use trusted ad nets, which wont run away with your coins.
Make sure you don't get influenced by anyone who'll be saying how much you need to pay.

There's a lot of factors, but the most valuable advice I can give you is not to have high expectations when you first start -anything-, not just faucets.

Good luck

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: BitBustah on January 24, 2017, 02:52:39 AM

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

Thanks for the encouragement, mate. I will try my best by gathering the most amount of traffic possible, to really earn some profit out of it. If successful, it could turn out to become a very good source of passive income. I hope that I could come up with interesting ideas for the faucet, to help attract people into it, especially those who are new to cryptocurrencies.

Nevertheless, if you or anyone else have any other good ideas for the faucet, please let me know. I'm always open to learn about anything crypto-currency related, to help me use it efficiently, as well as maximize my chances of profit. Grin

BitBustah

hero member

Activity: 1218

Merit: 534

You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.

Abiky

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Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: LTU_btc on January 20, 2017, 08:05:30 PM

I have a list of faucet scripts :
http://bitcoins4free.altervista.org/bitcoin-faucet-scripts/
Mostly of these scripts supports only dogecoin or litecoin from altcoins. If you want to make altcoin faucet, I think it would be best to use ePay.info service and their script. They have few popular altcoins and have plans to add more to theor service.
Other option would be custom faucet script. But it requires money and skills.
Free hosting is bad idea for faucet. Free host sites have limited traffic limit and faucets often have big traffic. It would be better to search for cheap hosting.
And don't expect profit from faucet. First of all, it would be good not to lose money

Quote from: Bytecoiner419 on January 21, 2017, 02:21:24 AM

dont do it with a free host. you will just waste time and money.

get a real domain and paid hosting (find some cheap stuff like namecheap...they take bitcoin)

then get a good faucet script and start editing.

good luck with your future site.

Quote from: hoop on January 21, 2017, 03:21:32 AM

Open source faucet scripts that support altcoin are

-minifaucet
-faucetinbox
-epay script

good luck

Thanks guys for your advices and list of faucet scripts. Even though I may not profit from this, it would still be worth a try especially with a free host to see how it works.

The paid hosting would be ideal for sure, and maybe if I get a lot of traffic then I could profit a little from it. It would only take some time and patience, as well as being able to have vast amounts of traffic and advertising content to become successful with making a faucet.

Nevertheless, I'm looking forward to try this out on ETC and ZEC.

AdolfinWolf

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Activity: 1946

Merit: 1427

Quote from: hoop on January 21, 2017, 03:21:32 AM

Open source faucet scripts that support altcoin are

-minifaucet
-faucetinbox
-epay script

good luck

Hi, there. do you mind if i ask you a question? Is there a way to integrate both ePay, and faucethub.io in one faucet so people from those 2 platforms both can earn from my faucet? Or is that impossible? I'm interested to see/know if that's possible. Please let me know. Kind regards!

BitBustah

hero member

Activity: 1218

Merit: 534

Quote from: Abiky on January 20, 2017, 04:49:33 PM

I've always wanted to make my very own faucet for an altcoin. However, I wonder how easy it would be to setup one, as well as how popular it might become once established.

I don't happen to know of any good open source faucet scripts that would help me get started, but if you happen to know of a few, then I would appreciate if you would share then with me.

Also, I'm not quite sure what would the minimum requirements would be to setup the faucet at a web hosting site, as I'm more interested in building it on a free host if possible.

Nevertheless, I would like to know what would you recommend me about this, as I'm planning to make my own faucet to help attract newbies into Bitcoin and other cryptocurrencies, as well as to profit from it.

Not worth it.

hoop

legendary

Activity: 1524

Merit: 1001

NOBT - WNOBT your saving bank◕◡◕

Open source faucet scripts that support altcoin are

-minifaucet
-faucetinbox
-epay script

good luck

Bytecoiner419

hero member

Activity: 638

Merit: 516

I ❤ the bitcoin community

dont do it with a free host. you will just waste time and money.

get a real domain and paid hosting (find some cheap stuff like namecheap...they take bitcoin)

then get a good faucet script and start editing.

good luck with your future site.

LTU_btc

legendary

Activity: 3262

Merit: 1376

Slava Ukraini!

I have a list of faucet scripts :
http://bitcoins4free.altervista.org/bitcoin-faucet-scripts/
Mostly of these scripts supports only dogecoin or litecoin from altcoins. If you want to make altcoin faucet, I think it would be best to use ePay.info service and their script. They have few popular altcoins and have plans to add more to theor service.
Other option would be custom faucet script. But it requires money and skills.
Free hosting is bad idea for faucet. Free host sites have limited traffic limit and faucets often have big traffic. It would be better to search for cheap hosting.
And don't expect profit from faucet. First of all, it would be good not to lose money

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

I've always wanted to make my very own faucet for an altcoin. However, I wonder how easy it would be to setup one, as well as how popular it might become once established.

I don't happen to know of any good open source faucet scripts that would help me get started, but if you happen to know of a few, then I would appreciate if you would share then with me.

Also, I'm not quite sure what would the minimum requirements would be to setup the faucet at a web hosting site, as I'm more interested in building it on a free host if possible.

Nevertheless, I would like to know what would you recommend me about this, as I'm planning to make my own faucet to help attract newbies into Bitcoin and other cryptocurrencies, as well as to profit from it.

Topic: It is worth it to make your own faucet? (Read 903 times)