Chromatic homophobic Faucet

The ways to earn money

Advertising. Faucet sites have good attendance and can sell traffic, both in popular banner systems and among the community of cryptocurrency users. Literally-by placing banner ads and links. Partner programs. It was also very simple — have "tap" tie up him for own referral links. after all, as a rule, a person walking on the faucet, happy to follow the link or banner of another faucet site. In this case, it is a minimum of 70% of the conversion, and taking into account the number of affiliate programs and interest rates from 25 to 200% of earning your referral, you can have a good profit. Community support. In the case of BTC, this is not such a simple method, but it works with less popular cryptocurrencies. You make a faucet of a young fork that does not have its own "cranes" or has them 1-2, notify the administration and the community that revolves around the cryptocurrency and get donate for the needs of the faucet. Part of the donation typically goes to the developer for the effort. What for? Everything is simple-making faucet fork, you are working on its popularization, increasing the nominal number of users who own coins. Even if most of the coins received, the user will exchange the same day for BTC, some of them he left lying in a long box, and suddenly tomorrow the bounce rate of 10,000 %. Fortunately, the cryptocurrency market is young and generates a real gold rush thanks to such jumps in the rate. Money for captcha. Find a service that pays for the solved captcha, tie up through the API to your " tap " and have extra money every time someone wants to get free coins through your faucet. Ways to make money on faucet site can come up with more, to create such a site today is not difficult. Microwallet service, for example, offers a free faucet script in the public domain, you can download, configure and distribute. Next time we talk a little bit about our own experiments with "cranes". Purpose
  • To introduce users to bitcoin
    : Faucets are a great way to help introduce new people to bitcoin, or to altcoins. A majority of faucets provide information to new users as well as offering them some free coins so that they can ‘try before they buy’, experimenting with a test transaction or two before putting real money on the line. Since this whole experience is so new and a bit complicated to people, who perhaps don’t quite trust it with their hard money, this is a beneficial way to promote digital currency and bring in new users.
  • To get traffic
    : Faucets are high traffic websites. It is not all that difficult to get a huge number of page views per day to a site which is giving away free money. If a website has other content or services to promote to Bitcoin users, especially new users, a faucet is a great way to bring them to make them familiar with a brand name.
  • To make money
    : Making a healthy profit from a faucet site on its own is a lot harder than just making a popular faucet, but it is still possible. There are a lot of these sites around today, so it's a very competitive market, and earning enough from advertising to cover the cost of the coins you are giving away and hosting costs is nearly impossible. Adding additional content to a website, or creating some kind of unique or interesting twist, is the only way to generate an income for a Bitcoin faucet.

Referral system

It is typical for faucets to have a referral system, where existing users referring new ones are rewarded with a pro rata portion of new users' earnings from the faucet. Unlike illegal pyramid schemes, earnings do not percolate to the top in the chain of referrals. The exact legal status of bitcoin faucets is unclear and can vary by jurisdiction, refer to legality of bitcoin by country.

Revenue Model

Expense - The setting up of a Bitcoin Faucet involves integrating a payments processor/manager. The owner of the Bitcoin Faucet loads some bitcoin into this payments manager's cryptocurrency wallet. The payout for visitors are given out according to the sites rates/kind of operation. Income - Advertisements is the main income source of Faucets. The faucets try to get cheap traffic by giving referral commissions. This ever increasing traffic helps then earn more on advertisement revenue. The difference between the cost of Bitcoins invested and the Ad revenue gives the profit. Some Ad networks pay in bitcoins itself. The profit margin for Faucets are very small for most faucets. Only big and established faucets make profit through the huge amount of cheap traffic coming into their site.


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