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Author Topic: Suggestions for keeping faucets live  (Read 439 times)
savioroshan (OP)
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January 27, 2017, 10:16:19 PM
Last edit: January 28, 2017, 09:18:26 AM by savioroshan
 #1

I think it's time for all the faucet owners to sit together and take a decision about maintaining their faucets. Bitcoin price is rising. And faucet owners are not getting enough income from adnetworks when compared to the payouts. Otherwise very soon all faucets will disappear. Some are using adsence. For them I think it's not a matter.I think we need more adnetworks to monetise the faucet.What do you guys Think?
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January 27, 2017, 10:57:44 PM
 #2

The system that I use has worked well for quite some time, even without Google Adsense. While I do get some negative feedback because the payout rate is significantly lower than most faucets, all of my faucets that are set up this way are sustainable and receive tons of monthly traffic.

I essentially create an interactive experience in the form of a simple game with variable payout rates that are low, but I also do not have any wait times between claims and pay out instantly with Xapo. This essentially creates unlimited earning potential, but creates stability through increased captcha submits and ad impressions. I use a-ads, Mellow Ads, and Solve Media captcha to generate revenue. One of them actually has a payout rate tha fluctuates in real time based on the current price of bitcoin and my previous month's ad revenue. I definitely understand that most people want high payouts for the least amount of effort, but I would argue that it is more effort to visit a website every 30 or 60 minutes to make a claim than it is to spend 10 minutes on a website and make multiple claims for the same payout. It is very different than how most faucet owners manage their faucets, but it has worked well for me so I thought I would share. Examples of my faucets can be seen here

http://wheelofbitcoin.com
http://kenobitcoin.com
http://vidybit.com

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January 28, 2017, 12:05:00 AM
 #3

The rise of Bitcoin price isn't a problem, as you can pay your users proportional to dollar price, but faucets are paying too low, even proportional to dollar. CetoBeto was going well, but suddenly it crashed.

I think to make a faucet work better it could use more than one site domain, making users open different sites to claim a reward (a decent reward), something that doesn't bother users like download pop-ups, but that gives better rewards, as you will be using more than one domain.

 
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January 28, 2017, 05:36:10 AM
 #4

Main issue with faucets is:
Faucet owners give a big weight of what their users say, they don't confront them with debates.

A "faucet" (simple script which has a captcha and gives you coins) can and can't be profitable.
If you keep paying high and you don't change rewards when prices swing, you've lost the ball.

A lot of faucet owners don't understand how bitcoin works, why faucets exist, etc.
They have so many tools to understand things, yet, they're not using them.
Google Analytics is the best free tool they can have and decide what kind of rewards they can give.

I don't recommend adsense on faucets. You'll get banned and you'll lose all the money you've got from views/clicks.
Also, most of faucets get a lot of fake clicks.
"I want to help the faucet owner, so I'll just start clicking on the ads". <- one of the main reasons why people get banned from adsense.
"Ordinary faucets" will eventually fade in the future. People should focus on sites with content.

OP is right. This ecosystem needs more ad networks. Bitcoin ad networks, which don't pay attention to publisher sites, if they're "paying" users to come back to visit their site.

I'm working on one right as we speak Smiley
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January 28, 2017, 08:29:34 AM
 #5

create games that users can earn bitcoins from them. faucets are belong to history.
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January 28, 2017, 08:56:45 AM
 #6

 Keeping faucets live is not a easy task nowadays. faucet owners needs different ideas in how to operation they faucet.

 It is important point of this thread, a good step by OP to raise this topic, this is  a opportunity for all the owners of the faucet to discuss this matter in deep. 

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January 28, 2017, 11:49:10 AM
 #7

Faucet owners seriously need to think about the value they are providing to users.

Faucet should change from --->
A site where you get crypto coins for nothing.
to
A place where for something fun you get crypto coins.

You also need to start thinking of advertisers .
On what kind of faucet site would you want to advertise.

If your site/game/app is totally useless for advertisers it will eventually become useless for users too.

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