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Topic: Running faucet business in 2023 still possible? (Read 568 times)

kro55
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Running faucet business in 2023 still possible?
August 30, 2023, 04:09:21 AM
#92
Quote from: iv4n on August 30, 2023, 01:53:48 AM
Just faucets are boring, and sooner or later (after the first withdrawal if someone gets there) people just quit visiting the site. I think that Freebitcoin is a good example of how faucet business can last, only if you add more interesting stuff on the site. There must be something interesting other than just faucet that will keep us coming back.

Freebitcoin is a faucet that still exists today. However, the question is whether people are still interested in accumulating bitcoin through the faucet or do they use it for other purposes. We all know Freebitcoin is known as an online casino and I think so far, people still use it for gambling and not for faucets.
As many others have said, the faucet business has really become obsolete and people hardly want to earn bitcoins that way. Besides Freebitcoin, we have almost no working faucets left, which shows that the demand for them is gone, so the idea of running a faucet business today is really unwise.
iv4n
legendary
Activity: 3122
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Re: Running faucet business in 2023 still possible?
August 30, 2023, 01:53:48 AM
#91
Just faucets are boring, and sooner or later (after the first withdrawal if someone gets there) people just quit visiting the site. I think that Freebitcoin is a good example of how faucet business can last, only if you add more interesting stuff on the site. There must be something interesting other than just faucet that will keep us coming back.
Silberman
legendary
Activity: 2492
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Re: Running faucet business in 2023 still possible?
August 30, 2023, 01:37:16 AM
#90
Quote from: mindrust on August 26, 2023, 01:13:08 AM
Quote from: KiaKia on August 18, 2023, 07:15:18 AM
From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

Faucets are done for. The biggest one freebitco.in shut down their partner freedogecoin years ago and freebitco.in is more like casino than a faucet and it happened years ago. Trying to revive a dead business is a futile attempt. Facuets used to make good money when they could get ads from google but then google banned these websites from adsense. That's exactly when most of them died or became crypto casinos. Tbh I don't even know a survivor other than freebitco.in. All the others are dead. You should look elsewhere, there is no money in that business anymore.
Sometimes it is worth it to try to see if a business model can be revived in some way or form, but if after thinking about it you instead get convinced the model is truly dead then there is no point in wasting any more time with it, faucets had their golden age, but it is over, it is time people simply accept it and move on, as I doubt that even the faucets giving away shitcoins can be profitable at all, since you will have to waste your time claiming those coins and then hoping for a miracle to happen.
Gallar
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Re: Running faucet business in 2023 still possible?
August 29, 2023, 11:11:47 PM
#89
Quote from: KiaKia on August 18, 2023, 07:15:18 AM
Re: Running faucet business in 2023 still possible?
If you say it's possible, I think it's still possible. But it seems that lately many people are no longer interested in faucets. Because from my experience, maybe it's all because the per-click prizes given by the owner of the faucet site are very few. Because I've also tried faucets before, and I'm targeting the cheapest coins, but still the income I can get is still small. Within a week I played, I did not get a single dollar. So maybe it's because of this that faucet enthusiasts are becoming quite less.

Quote from: KiaKia on August 18, 2023, 07:15:18 AM
Lastly, what advice do you have for my goal?
If you really want to make a faucet business. I will only give a few suggestions, namely if you make a faucet business, you have to slightly increase the prize per click. Because if it weren't, I'm sure most people wouldn't be too interested. Because in my opinion the important point to become the attraction of a faucet business is about the prize. So that's my suggestion
Big prizes (per click) = Lots of enthusiasts.
doomloop
hero member
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Re: Running faucet business in 2023 still possible?
August 29, 2023, 02:55:59 PM
#88
Quote from: Unbunplease on August 25, 2023, 12:05:40 PM
Of course, if a person has no money at all, the pennies he earns on faucets are not bad money for him. But I think that there are other ways to earn money - for example, solving captcha. And cranes - it's just a waste of time now - it used to be different, but the time has already passed
You don't even earn pennies from faucets these days. The most popular faucet right now is freebitco.in, and the minimum it gives to a claimer per hour is 2 Satoshis which is about $0.00026, so I don't think that anyone would waste their time claiming dust from a website even if it requires just 10 seconds for a single claim it still requires you to open the website and claim the reward every time, so I don't find this to be a viable business solution at all.

The times when faucet websites were used heavily by users was when Bitcoin wasn't this popular and wasn't priced this high, so people used to claim Bitcoin from multiple faucets only to get a dollar or maybe 50 cents per day which was at least something which isn't possible these days.
posi
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Leading Crypto Sports Betting & Casino Platform
Re: Running faucet business in 2023 still possible?
August 28, 2023, 06:52:49 AM
#87
Faucet used to be considered as an effective place to accumulate free bitcoins and also brought significant profits to faucet users as well as faucet business. But today it has worked and we should not go against the development of the market. Nowadays, to earn free money, we have other forms that are much more effective than faucets. So I think the business will not attract players and will waste our time.

Consider our case, is anyone here still accumulating bitcoins from the faucet? With that result, you will know whether to start a faucet business or find another form of business.
poodle63
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Re: Running faucet business in 2023 still possible?
August 27, 2023, 07:27:03 PM
#86
faucets aren't lucrative business anymore, the only faucet that still gets frequently claimed are those faucet used for testing the blockchain, basically in test blockchain.
they are frequently claimed not because people are seeking money but because people are trying to test their smart contract application.
its really different with the faucet which purpose is for people to make money off it, most of the time the rewards is too low otherwise the faucet owner will become bankrupt and then people aren't really interested in it since
the task of solving captcha usually just simply not worth the rewards, so basically its already bad business and most of the faucets out there already died anyway.
Fortify
legendary
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Re: Running faucet business in 2023 still possible?
August 27, 2023, 02:06:41 PM
#85
Quote from: KiaKia on August 18, 2023, 07:15:18 AM
From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

Faucets were basically a gimmick that existed in the earlier stages of bitcoin, long before the prices started spiking and drawing in so much interest across the world. I don't know the situation with all the altcoins out there, so maybe they are still a thing for some of the newer and lower trafficked coins, but you're not likely to see them with any semi popular coin. Simply because it is just giving away free money, you'll have a certain set of people who abuse them as well and make it unfeasible to keep going. Besides that the amounts they were giving away at the time were worth fractions of a penny, which the owner had hoped to offset by getting people to do certain tasks or just displaying advertising towards visitors.
darewaller
hero member
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Re: Running faucet business in 2023 still possible?
August 27, 2023, 01:50:40 PM
#84
Quote from: traderethereum on August 22, 2023, 09:10:45 AM
If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.
You're a meme coin fan aren't you? Because I see that you also wear a meme coin's signature and avatar which are some kind of a pepe coin. I ask because why would you recommend a Shiba faucet when I think there are other/more better coins than it and most of them are non-meme coins. Each website must have a detector to know if an abuse or hacks are going on. So don't worry.

There are so many ways for a faucet site to earn and one of it is like you said, they can display ads from a third party. Another is they can add some mini-games, and premium features which allow user to deposit their own funds. Creating a faucet site seems easier than a regular website because they are only small. There are tutorials in Google or in Youtube for this. We can also hire someone to build one for us if we are lazy and if we have a lot of capital.
mindrust
legendary
Activity: 3234
Merit: 2420
Re: Running faucet business in 2023 still possible?
August 26, 2023, 01:13:08 AM
#83
Quote from: KiaKia on August 18, 2023, 07:15:18 AM
From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

Faucets are done for. The biggest one freebitco.in shut down their partner freedogecoin years ago and freebitco.in is more like casino than a faucet and it happened years ago. Trying to revive a dead business is a futile attempt. Facuets used to make good money when they could get ads from google but then google banned these websites from adsense. That's exactly when most of them died or became crypto casinos. Tbh I don't even know a survivor other than freebitco.in. All the others are dead. You should look elsewhere, there is no money in that business anymore.
Silberman
legendary
Activity: 2492
Merit: 1332
Re: Running faucet business in 2023 still possible?
August 26, 2023, 01:06:12 AM
#82
Quote from: legendbtc on August 25, 2023, 11:04:58 AM
Quote from: ?? on ??
in the past, faucets really did provide a lot of profit for people who used them. However, nowadays, I've rarely heard of people using faucets. This is proof that faucets are no longer as profitable as they used to be. Some of the ways to make money from faucets are by taking advantage of agency advertising. However, right now I think the faucet won't attract that many visitors anymore.

That's the point OP should note. Faucets are out of favor these days, many faucet sites have also closed for this reason. So why are we in business that people no longer need? Just like we sell, we should sell what the customer needs, not what we have. That would only lead to our business failing quickly.

This is a pretty old business model, so I hope OP considers it carefully before making a decision to avoid wasting your time. The market is growing very fast and we need to keep up with the trend rather than going against the trend of the market.
Business models change all the time since what worked on the past does not work anymore, that is natural, faucets stayed on business for a long time, but now there are simply too many points against them, as no one wants to pay for the traffic they generate, advertisers do not want their ads on those websites, bots are way more prevalent now than back then and finally while the price of bitcoin can still continue to grow, even our more positive predictions about the upcoming bull run still make claiming from faucets a waste of time.
dansus021
copper member
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 09:47:20 PM
#81
Quote from: xSkylarx on August 25, 2023, 08:02:30 AM
Getting approved in Google AdSense is really difficult, and if so, you should be careful as they are very strict and not sure if faucets are allowed on it, so you'll still have difficulty on this. You don't have a choice but to take those low-paying ads, but still, it is worth it over nothing. Again, only a few people will be visiting faucets these days because they know it is just a waste of time. But again, we can try it, and if it is not profitable, then close it down.

Yes there is nothing wrong with trying Smiley and I do agree with you that nowadays people just rarely visit faucet

Quote from: Doan9269 on August 25, 2023, 07:55:32 AM
Maybe some can spare their own time in creating faucet if their main target is not for making business from it but wanted to offer something quality enough for the newbies to start upon for their learning, in other words as you've mentioned above, if there's a plan already on ground to make business a big way, one can go into gambling casino as an establishement to start with or do other businesses that could bring in money through the use of advanced digital technology, we must also consider the trust people will have in whatever we want to start that will increase their patronage.

Some of Faucet that I know today is for education purposes and usually the site has multiple faucet from different coin and some of it has testnet coin for learning purposes

and yes some site use faucet to gain traffic from lot of user
Unbunplease
legendary
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 12:05:40 PM
#80
Of course, if a person has no money at all, the pennies he earns on faucets are not bad money for him. But I think that there are other ways to earn money - for example, solving captcha. And cranes - it's just a waste of time now - it used to be different, but the time has already passed
legendbtc
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 11:04:58 AM
#79
Quote from: ?? on ??
in the past, faucets really did provide a lot of profit for people who used them. However, nowadays, I've rarely heard of people using faucets. This is proof that faucets are no longer as profitable as they used to be. Some of the ways to make money from faucets are by taking advantage of agency advertising. However, right now I think the faucet won't attract that many visitors anymore.

That's the point OP should note. Faucets are out of favor these days, many faucet sites have also closed for this reason. So why are we in business that people no longer need? Just like we sell, we should sell what the customer needs, not what we have. That would only lead to our business failing quickly.

This is a pretty old business model, so I hope OP considers it carefully before making a decision to avoid wasting your time. The market is growing very fast and we need to keep up with the trend rather than going against the trend of the market.
Plaguedeath
hero member
Activity: 672
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 10:17:43 AM
#78
It's possible, but I don't think it's profitable anymore.

Most of people want to claim faucet when Bitcoin price is still cheap, now if you claim faucet it only give less than 100 Satoshi per hour, ask yourself, do you will claim it every hour if you were the people who looking to earn free Bitcoin?

Many people already know faucet is wasting time, so they will not do it again.
TopTort777
legendary
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 10:12:16 AM
#77
I have never understand the idea of running a faucet. I would understand if before claiming, a visitor was obliged to click on a link or watch a short add. But most faucet I've faced were passing captcha the be able to click claim. The cost of passing 1000 captcha was always lower than the amount users claimed after 1000 captcha solutions. So for me it was a unprofitable business. Placing hundreds of banners also was never a profitable solution for me. Almost nobody click on them. I understand faucets only in casinos. They force gamblers to visit casinos everytime they want to get a faucet claim. So what is the point of faucets? Hidden miner?
DanWalker
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 10:01:54 AM
#76
Quote from: traderethereum on August 23, 2023, 04:07:30 AM
Quote from: DanWalker on August 22, 2023, 10:26:45 AM
Quote from: traderethereum on August 22, 2023, 09:10:45 AM
If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now.
That's just an example but trying it with the Shiba faucet site is fine too, to see how much interest there is from the visitors.
Choosing a top coin like bitcoin as a faucet might not give good results because the reward they are receiving now is already very small.
They have to try for a long time before collecting a lot of satoshi.
But many people would be interested if it were a faucet for coins like Shiba or others where the price was still low.
That's why @OP must do research before making his choice in making a faucet site.

But bitcoin will have more value and potential than shitcoin with a supply of hundreds of billions of coins and an uncertain future. One reason people prefer bitcoin faucets over other faucets is because they don't want to waste their effort and time with uncertain future coins. Similar to when you invest, will you invest in bitcoin or shitcoin?

Honestly, I don't support this OP's idea as I think faucets are outdated, but if OP still decides to do faucet business then I think bitcoin should still be an option instead of shitcoin.
xSkylarx
hero member
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 08:02:30 AM
#75
Quote from: dansus021 on August 23, 2023, 09:41:44 PM
Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.



Getting approved in Google AdSense is really difficult, and if so, you should be careful as they are very strict and not sure if faucets are allowed on it, so you'll still have difficulty on this. You don't have a choice but to take those low-paying ads, but still, it is worth it over nothing. Again, only a few people will be visiting faucets these days because they know it is just a waste of time. But again, we can try it, and if it is not profitable, then close it down.
Doan9269
hero member
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 07:55:32 AM
#74
Quote from: dansus021 on August 23, 2023, 09:41:44 PM
Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

Maybe some can spare their own time in creating faucet if their main target is not for making business from it but wanted to offer something quality enough for the newbies to start upon for their learning, in other words as you've mentioned above, if there's a plan already on ground to make business a big way, one can go into gambling casino as an establishement to start with or do other businesses that could bring in money through the use of advanced digital technology, we must also consider the trust people will have in whatever we want to start that will increase their patronage.
Synchronice
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Re: Running faucet business in 2023 still possible?
August 25, 2023, 07:22:50 AM
#73
Quote from: KiaKia on August 18, 2023, 07:15:18 AM
From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?
You have to keep in mind how you are going to monetize your website. Can you run google adsense or any other high paying ads network? How much will be your pay per click, cost per 1000 impression. You have to keep in mind that you shouldn't give away more than you earn via ads and at the same time, you shouldn't give away amount that won't be attractive for people.
Personally, I wouldn't run a faucet business simply because I know my audience wouldn't be wealthy people since they are looking for some free satoshis that doesn't even worth 1 cent. Also, keep in mind that you have a competitor freebitco that not only is well-established company that runs faucet but it also offers dice and other casino games with interest on deposit.
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