Running faucet business in 2023 still possible?

[Russlenat]

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.

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[Oilacris]

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.

[uneng]

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.

[Marvell1]

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.

[Bitcoin_people]

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.

[Yatsan]

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.

[Casdinyard]

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.

[PeRo]

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.

[The Sceptical Chymist]

Faucets were around for many many years and if it wasn’t for the abuse in 2017
<snip>
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. 

[molsewid]

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.

[Gozie51]

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.

[Vaculin]

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.

[rikybrosh]

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.

[xSkylarx]

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?

You can earn profit by its advertisements that are all over the website, though comparing the website traffic right now to before, it is really only a few people who will visit your website for sure as they are aware that it is just a waste of their time and also that only the owner of it got rich, which is true, but still, you can run it on your own right now as there will be still new people that are visiting your website and claiming some sats, which is where they start to learn Bitcoin. You can try to run a faucet site and advertise it everywhere to see if it is still worth it. Capital is not that huge on this, so take the risk.

[bayu7adi]

I have yet to come across a faucet that aligns with the compensation earned through the tasks accomplished thus far. Incidentally, I find a greater inclination towards delving into the realm of acquiring knowledge as opposed to allocating my time to faucets.

For those among you who find themselves in dire need of swift finances, experimenting with faucets might be an option. However, I have a more promising suggestion to offer – venturing into the realm of selling food in bustling locales rather than engaging in faucet activities.

Nurturing a business mindset is of paramount importance for the present generation.

[ultrloa]

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?

Yeah its still possible to run a faucet and earn from advertisement but don't expect any huge profit upon running that one since to many people now are not seeing those faucet as good platform to spend their time with, so you need to became more creative on marketing your created platform to newbies so that they will try and engage to the site you created.

My advice to you is to try since you might earn little success with that especially if people knows that your site is legit and paying those people who do their effort on your faucet.

[gunhell16]

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.

Faucets way back 2017 are very much profitable during this time, because I remembered these days I experienced to received Bitcoin from faucets amounting 500-1000 sats and into other crypto faucets just dogecoin I encountered to received 500-1000 doge.

But nowadays I think doing faucet business  will not become like what we had before,it will become a waste of time especially to those who are here for a couple of years already, maybe for the newbie it will be fine but for other's like me I won't spend much time for this matter for sure.

[Smack That Ace]

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.

Faucets way back 2017 are very much profitable during this time, because I remembered these days I experienced to received Bitcoin from faucets amounting 500-1000 sats and into other crypto faucets just dogecoin I encountered to received 500-1000 doge.

But nowadays I think doing faucet business  will not become like what we had before,it will become a waste of time especially to those who are here for a couple of years already, maybe for the newbie it will be fine but for other's like me I won't spend much time for this matter for sure.

Faucet is also a waste for newbies as we already have many ways to earn free money in this market. Newbies should focus on those things rather than looking for faucets with negligible and almost useless rewards. Every era will have different ways of making money, faucet business is no longer profitable but instead airdrop, testnet, retroactive...why don't we focus on new ways? Just like when we talk about investing, why are we criticizing investors in traditional assets and ignoring bitcoin? We should keep up with the trend and the times, not go against the evolution.

[Doan9269]

If you want to start a business from these cheap coins then you must know about their advertising.

Both the advertisement and every other efforts rendered in doing this kind of business resulted to wasted efforts, in most cases it doesn't work any longer as before as a means of making money online, maybe you could get yourself more technical skills in other aspects because faucets now is just a recommendation for those coming newly to the technology of cryptocurrency to learn from doing something by starting somewhere.

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.

What else do you want to research or make enquiry on when it's all about scam in most of the cases from the ones existing, presently, faucet should be treated as a learning ground and not a means to make business and make money because it isn't working as before as people have lost trust in them.

[crwth]

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.