I'm doing some research on micro payments and was hoping someone could explain to me how faucets work. How does it get funded and what's the benefit for someone providing a faucet. Thanks in advance.
step :
- You make/ create new faucet
- deposit some bit's to your faucet wallet
- set up ads on your faucet
- people collect some satosi from your faucet
- you get some satoshi from ads
repeat it
sometimes you will lose because the ads earning very small
And when you get many views on your site your Alexa Ranking (global most viewed sites) increase. Some ads advertises just allow you to place their ads on your faucet/site if you are for an example on top 1.000.000 Alexa Ranking. This means more profitable ads for your faucet (and more advertise income). So you can earn more and give more satoshi for your users.