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Topic: Running faucet business in 2023 still possible? - page 3. (Read 648 times)

full member
Activity: 477
Merit: 100
I think faucet is for advertisement purpose, if you want to make money from it then you have to choose what kind of business that you want to build. if you are not sure about how to build a good business then may be you can create a website that have google ads that build in it. so you can earn from your website visitors activity that related to google ads such as ads view or ads click. I think it is the easiest way. few years ago I played a game that pay some amount of satoshi for every activity that I do and during the activity  I watch so many ads in it.
hero member
Activity: 2940
Merit: 613
Winding down.
I'd like to hear it as well from someone who has ran and keeps on running it. But since there are still ones that's existing, maybe it is but not that much.

I guess that the reason for that is that it's still fun to operate it and owners of it have other sources of income which they're not dependent to the faucet website that they won.
Well, the fact that there are still some of us here manage to run a business for faucets, probably that would still work until now. However, I believe this type of business is not making the same profits anymore as it was the old times, that’s why a lot of us here are not seeing it as a reliable source of income but maybe a pastime especially if there are new faces of tokens that serve as rewards. While it may be an old trend for most of us here, but probably few of us here are still making a decent income from faucets.
hero member
Activity: 2660
Merit: 630
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Way back that time, in order for me to get that Satoshi and directed to my wallet I need to solve some captcha so many times a day so that I can get little amount of money everyday. Sometimes I earn that time 3-5$ a day in Satoshi for me it is good because it is free and it helps me to finance my study that's why even though it is quiet time consuming because of cool down still I worked for it. Captcha is a kind of PPC in third party website.

You must have started earlier for your earnings in faucet to see you through study. As at the time I knew about faucet, it was already worhless especially bitcoin faucet because you earn was you can't imagine will make any meaning except you keep playing for more time before you can make a withdrawal of yet insignificant amount. However, dogecoin benefitted more people because it gave a lot more unit of doge at a time.
hero member
Activity: 2170
Merit: 530
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?
Way back that time, in order for me to get that Satoshi and directed to my wallet I need to solve some captcha so many times a day so that I can get little amount of money everyday. Sometimes I earn that time 3-5$ a day in Satoshi for me it is good because it is free and it helps me to finance my study that's why even though it is quiet time consuming because of cool down still I worked for it. Captcha is a kind of PPC in third party website.
legendary
Activity: 3528
Merit: 7005
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Faucets were around for many many years and if it wasn’t for the abuse in 2017

Many did this in 2015-16 until they had to put an end to it in 2017 due to the abuse.
What abuse are you referring to?  If I recall correctly there were a lot of people using bots to claim from faucets, but I didn't think that was still an issue as late as 2017 when you had to jump through all sorts of captcha hoops in order to claim anything.  That's the only abuse I can think of aside from people using multiple accounts on the same faucet site.

And the fact that there was abuse like that ought to tell you something about how popular these things were and how much people valued even a small amount of bitcoin--and they were right to do so, as I've already said.

Not for nothing, but if you're really, really into shitcoins and want to instantly get very small amounts of them, there's always this not-very-well-publicized faucet.  Note: I've got no financial interest in linking to that site, just sharing it for those who might be interested. 
hero member
Activity: 1040
Merit: 538
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I think it would be doable but you probably wouldn't have users like others had back in the day. I remember that you could find faucets on every corner on the web, but now I almost even forgot that was a thing until I saw this thread.

You would have to roughly calculate is it even worth building, will it be profitable for your time spent? From making a website to hosting and then advertising it, you are going to spend money and time. You would also have to make a deal with those advertising companies to supply you with offers for participants. Also, you would need to make it so someone could actually earn something, which is a rarity so your website would probably gain traffic but you would profit less.

I think you should find something else to invest in, since you were thinking about this, you could find something similar but more profitable and worth your time.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
It could still be profitable if you're the one that's facilitating the faucet. Just integrate adsense and the traffic into your site's going to basically pay for itself. You could also urge some of your users to accept a higher earning framework for a subscription basis that allows them to earn more than the regular bloke but with the caveat that they'd have to pay you first. It's all a matter of making sure that you're using everything you have and what's available.

On the other hand, if you're someone who's looking for faucets, I hate to break it to you but the thing is that these sites are more of a gimmick now than something that could actually yield you profits. Bitcoin's excessively pricey now and harder to mine, no wonder the possible earnings for faucet users are just exceptionally low.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
If you want to start a business from these cheap coins then you must know about their advertising. First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it. Also if you are trading for profit then I think it is better not to invest in such coins but find much better crypto that will give you profit from there. But if you use such calls then I can see you won't get much profit from here but some amount of profit but it won't be good for you at all.
Unfortunately, faucets are no longer as profitable as it was before. You'd manage to get some points but not all are having market price increase and many projects are not even paying. With this, I doubt it would still be a good thing to start a business with. If you manage to earn huge from fucet then that's great but not all has the luck to do so. Indeed these tokens can be traded to other pair but  there are also instances faucet tokens are even being listed to exchanger for such reson. Much better if you would engage to sources such as this forum or with NFTs. Those are more profitable thn to wait for "free money". There are other businesses and OP shouldn't be limiting himself to one bucket alone.
sr. member
Activity: 700
Merit: 380
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If you want to start a business from these cheap coins then you must know about their advertising. First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it. Also if you are trading for profit then I think it is better not to invest in such coins but find much better crypto that will give you profit from there. But if you use such calls then I can see you won't get much profit from here but some amount of profit but it won't be good for you at all.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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?
I don't really think that's a good idea, people barely use faucet sites these days, it was the good old days when all of us used to claim free Bitcoins from faucets but it was the time when Bitcoin wasn't this high and it was worth doing it but most people know they will be getting peanuts from these sites and it is just a waste of time. All faucet sites I used to know have closed down except freebitco.in which is still running but has evolved now and is very much popular.

Faucet sites used to earn money through the ads they used to display on their websites and since they used to get a lot of visitors every day, it used to be enough for them to fund the faucet and keep it running, they also used to collect donations. Getting that many visitors on a faucet site today will be a big challenge.


I also don't want to disappoint OP with his plan but running a faucet business nowadays is a bad idea just wasting our time. Think twice and ask the question, if the faucet business is still attracting users and still profitable, why are people no longer doing business with it? Just like bounty campaigns were a hugely profitable business in 2017, but why haven't more people talked about and participated in it until now? Those things are outdated and people have abandoned it, let's not be foolish to rush back in.

Freebitco.in still exists but it has evolved into a gambling site, and people are using it for gambling rather than faucets.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Possible? It's always possible.

Profitable? Definitely not. Neither for faucet owner, neither for users.

You don't have any decent source to make an income for yourself and to pay your users. Ads pay too low nowadays and you will have to fill your website with lots of pop-ups and short links which take more than 1 minute to be completed. It totally make users lose interest for your website, as they will be spending a long time for tiny rewards.

Faucets were good because they were instant. You could use several of them in short time periods making a very decent amount of satoshis directly to your micro wallet.
hero member
Activity: 2996
Merit: 609
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?
I do remember those days where i do able to get Byteball and Rai (now NANO) claimed on those faucets, i do even remember to those times where i do claim out ETH on a faucet.

For those dedicated faucets sites on how they would be able to make money then for sure it would really be something that talks about traffic. Website could be monetize and we know that
it could be placed out with some ads and other things which you could really be able to apply on as long it could potentially bring out clicks as for you an owner of a faucet site.
Just like the rest been saying that today it isnt really that possible anymore. Why? crypto coins arent cheap anymore, there might be some altcoin faucet sites that might be existing as of today
but people would be just simply ignoring it out, they would be always preferred on seeing to those top coins which are available which might really that getting that attention once again.
hero member
Activity: 2716
Merit: 904
I'd like to hear it as well from someone who has ran and keeps on running it. But since there are still ones that's existing, maybe it is but not that much.

I guess that the reason for that is that it's still fun to operate it and owners of it have other sources of income which they're not dependent to the faucet website that they won.
Well, if there are proofs from those who are doing well with faucets until now, maybe that could guarantee profitability. But you’re right, I supposed there’s no one here that is still making reliable profits from faucets. Gone are the golden days for faucets. However, if you really want to try on it, then go and do the planning to make it work. But never expect for a 100% that it will work same as before. Faucets earning has been considered an old trend already, and you can’t do nothing to change it.
legendary
Activity: 1806
Merit: 1161
They were abused, and it certainly didn't help their sustainability. However, I don't believe that it was what caused them to shut down as an "industry". People simply lost interest, I believe mainly due to the payout amounts, which were a few satoshi at best, and, as others have already mentioned, a large number of the users who were frequent users of faucets were people with low purchasing power; thus, advertisers were pretty much at a loss. The only one that's still going is Freebitco.in, which has turned into a gambling platform. I highly doubt that anyone uses their platform solely as a faucet anymore.

Freebitco.in - this platform has problems with withdrawals. The withdrawal threshold is quite high. In general, I agree that the faucet is no longer relevant. To get coins, you have to solve a captcha, click on something, etc. That is, the funds received do not actually correspond to the time spent.
hero member
Activity: 1750
Merit: 904
Faucets were around for many many years and if it wasn’t for the abuse in 2017, many would still be around today.

Back in 2015 or so you could go to a gambling dice site and get like 1000 sats for free. If you lost it all then claim it again and again and again, basically all you had to do was wait a few minutes between the claiming.

From 1000 sats to 100,000 sats was easy to do with a few lucky rolls and no risk. Many did this in 2015-16 until they had to put an end to it in 2017 due to the abuse.
They were abused, and it certainly didn't help their sustainability. However, I don't believe that it was what caused them to shut down as an "industry". People simply lost interest, I believe mainly due to the payout amounts, which were a few satoshi at best, and, as others have already mentioned, a large number of the users who were frequent users of faucets were people with low purchasing power; thus, advertisers were pretty much at a loss. The only one that's still going is Freebitco.in, which has turned into a gambling platform. I highly doubt that anyone uses their platform solely as a faucet anymore.
hero member
Activity: 2408
Merit: 584
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?
I don't really think that's a good idea, people barely use faucet sites these days, it was the good old days when all of us used to claim free Bitcoins from faucets but it was the time when Bitcoin wasn't this high and it was worth doing it but most people know they will be getting peanuts from these sites and it is just a waste of time. All faucet sites I used to know have closed down except freebitco.in which is still running but has evolved now and is very much popular.

Faucet sites used to earn money through the ads they used to display on their websites and since they used to get a lot of visitors every day, it used to be enough for them to fund the faucet and keep it running, they also used to collect donations. Getting that many visitors on a faucet site today will be a big challenge.
sr. member
Activity: 672
Merit: 416
stead.builders
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.

Maybe those that runs the faucet are the ones this has been a benefit to and not the users, though some users as well have managed to earn little from some since the early days but not anymore than a waste of time for people but highly recommended for newbies to start from somewhere while learning, if people are doing it then it profitable for them as long as they can pull out traffic.

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?

I will advise you not to even try wasting your time on it because faucets are no more invoke, there's high rate of scam it doing it and people no longer trust the whole process again.
sr. member
Activity: 658
Merit: 441
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?
Years back, I did some bitcoin faucet for a couple of weeks and gave up because I felt it wasn't worth my time and I didn't think my earnings would amount to anything tangible. I can't even remember some of the faucet sites I visited and my login details, but look how profiting those faucets could have worth in today's price if I had continued and kept it still this moment. There's a story of a teenager who claimed he made a fortune from bitcoin faucets back in the days but I can't find the link I would have shared it.

I don't think it's a bad idea if you want to use faucets in your site, I believe we've not seen the last of Bitcoin or other coins you mentioned so some persons are still going be interested in getting the faucets no matter how small they might be.
hero member
Activity: 1414
Merit: 542
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? .

Perhaps the reason why people are not talking about today because it's no longer effective to run this kind of business of advertisement. And most of the team it's not worth the time anymore, just saying.

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?

Well if you have some website to advertise that is related to crypto or altcoin in general then maybe you can used this as part of your marketing. Just make sure though that it can be withdrawable after members reach something or at least amounts that can be reach.
hero member
Activity: 2604
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As far as I've heard from my friend, some people buy the faucet site script and then run it after they have finished checking the codes. The important thing is that you already have a domain and hosting and upload the script to that domain.

I haven't figured out how to run a faucet but it's the same as you run a site. The difference is that your site is a faucet site where there must be other additional codes that you should check. You must choose what coins to display and fill the wallet so users can claim their coins from the faucet.

You can visit the sites below to learn about faucet sites and search through search engines to find other sites.

Code:
https://steemit.com/faucet/@arishshk/website-how-to-make-your-own-bitcoin-faucet-and-earn-online
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