A modern way of marketing, utilizing human psychology.
Is it really worth it? Is it really a passive income?
Started with the pandemic, more people have involved in using internet to open a new window for socializing, working from home, just to have some fun by watching videos or gaming or doing some extra researches&readings for self improvement etc., especially in lock up and restriction days all around the world, ending up spending more time than ever in front of a computer or a smartphone in hand.
Cryptocurrencies also gained more attraction and more people entered the game to gain some extra money. With its unique technical specifications of block-chain technology, like decentralization, freedom of transferring money without any barriers from government or banking policies with a variety of assets and methods at low costs and with full freedom considering older technologies, high earning rates from crypto trading's, more and more people are joining the crypto adventure day by day.
Dealing with learning and doing researches about Cryptocurrencies, one will always face with an advertisement (add) or commercials about applications or websites, offering free Cryptocurrencies and tokens by simply submitting and doing some tasks on the platforms. It is a normal human tendency to earn something free of charge and the monetary system always targets this natural human instinct!
But after joining this type of activity with much hope that you will earn a lot, you will face with the reality that you will not! Only in a very long term maybe you can cash out some bucks but does it really worth it!
What is a free faucet?
Faucets are basically some websites and/or applications (apps), operating on the internet, mobile platforms utilizing block-chain technology, offering some extra money in crypto/token forms to its subscribers for just joining some surveys, watching videos, wieving some advertisements (adds) and letting you to do your own advertising of your job or service. They are designed in so many ways like game platforms, gambling sites or like an ordinary website. Some of them have digital crypto wallet, exchange features and crypto mining. Although there are some genuine, powerful and meaningful projects, there are also some scams and waste-of-time ones.
BASICS TO BE CONSIDERED
1. Faucets offering some passive (it is not actually something passive in real life) income, operates in their own ecosystem and the cryptos you will earn are may be unique to these sites and needs to be converted to common ones like BTC, ETH and others.
2. In order to convert your earnings to real currency, you need some extra tasks like converting and transferring the amounts to your actual crypto wallets and finally to your bank account where you can change it to your real money. Every step has some costs while exchanging and transferring which is not always a fixed number but changing even every seconds because of the volatility of the crypto assets and technological musts.
3. The very first thing to say that "nothing is free in this world" and you are investing your time which is very valuable thing you have in your life, while clicking the adds, watching videos and completing surveys. Time is so precious not to waste and is very very precious when shared some time together with your loved ones.
4. You must think again that "nothing is free" in this world, even the air you breath in every seconds. Not these sites are charity organizations and not you really are desperately in need of cash !
5. Don't ever forget that you are sharing your personal info, consider that you are actually opening a gap in your privacy by submitting. Considering scams and frauds, you are not a potential consumer of Information Technologies industry only for making money, but a very very weak targets of scammers and fraudulent people who are always ready to steal your money, who cannot be found again to get your money back and chase your rights even in legal procedures.
6. Sooner or later, after you jumped in a faucet, you will see that your earnings will decrease in number and you will be subliminally forced to pay extra real money to upgrade your account to multiply your gains, ending up taking your real money from your pocket into this digital environment. Basically you are funding this ecosystem and of course they will pay back to you in time, if this is a real project. But there are so many scam sites and apps everywhere that ends up loosing or wasting your actual money.
7. Most of them offers BTC earnings (very popular nowadays in internet environment) in the amount of satoshis (sat) which means; 100.000.000 sat equals to 1 BTC. At the time of this writing value of 1 BTC is 57.228 USD. Let's think that offering a 1 sat BTC for simply by clicking means, you will have to click 100.000.000 times, exposing yourself to several advertisements, to get 1 BTC=57.228 USD. For 1 USD=0.0000174 sat of BTC, you will have to click 174 times which will take 2.9 mins from your life, assuming that you can click on every seconds. But clicking once every second is technically impossible considering your PC, connection quality, advertisement activity and some other hidden ways put in the software of the Faucets. That means uncountable some much more time taken out from your life for 1 USD only, to my experience around 4-6 hours in general. Of course there are some other offers, promotions and giveaways to multiply your gains, but always consider the real outcome by doing such simple math.
Always do your own research. Be safe and sound, be aware of yourself and your life. Awareness may change you, in every aspects of your life for a better and quality life. Detailed and experienced results with calculations and samples of Faucets coming in other articles. Thanks for reading.
