Crypto-faucet
Today it is difficult to find a person who has not heard about cryptocurrencies. Their prices are the subject of the headlines and crowds of cryptocurrency enthusiasts dream about making a fortune on them. However, for their creators, this popularity is not enough. In order for cryptocurrencies to be able to fully perform their tasks, they must be almost as popular as FIAT currencies. So, education and practice in real use are needed. Both of these functions are performed by the faucet.
What is a faucet? It’s a crypto-faucet from which small amounts of cryptocurrencies are dripping. Such a faucet can be found on websites or in mobile applications. The administrators of such sites reward users for performing usually simple tasks, such as filling out a survey or viewing an advertisement. But there are also more complicated challenges like finding a bug in the code. All these activities are aimed at educating users about cryptocurrencies. And the small amounts that can be earned are put into circulation and thus the range of the cryptocurrency increases. Which has a significant impact on its further development and raises its price.
This earning model is very popular in poor countries. Especially those where access to banking as such is difficult. But in fact, tangible benefits are brought by a very large amount of time devoted to carrying out tasks on the owner of such a tap. Due to the fact that these tasks are not very demanding, the target audience are students and people inexperienced in the field of cryptocurrencies. For people with extensive experience or programmers, it simply will not bring the expected profits.
And as in any field, first of all, you should get to know the industry a little bit before starting any activities.
Free rewards are always very tempting, but such unreasonable giving away can be a sign of cheating. Some crypto-faucet owners refuse to pay out earned funds despite the fact that they earn a lot from advertising or through applications.
Another issue to pay attention to is phishing. An email from such a scammer looks very credible and the offer makes sense. However, you must remember not to share the cryptocurrency wallet address and key anywhere.
Therefore, for beginners in the industry, you can recommend the principle to start cooperation with well-known brands and avoid offers that promise very high or completely unrealistic profits.
It is a solution that can potentially pay off in return for your precious time. These profits may be even greater if the market value of the collected tokens increases over time.
