RE: The Death Of The Crypto Faucets?

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Tbh, I think they'll adapt. Not everyone is great at sharing their thoughts/life/advice. Just think at the 'Good post' comments from non-English speakers. For them and not only, the new sites that have a faucet component somewhere will go on. Plus, I've seen some adapted and pay USD-worth of crypto. And the bear market will come back at some point (not that anyone wishes for it). Then, pressure will be somewhat released from their businesses, whichever survive. But I agree, their biggest enemy is bad actors.

That being said, I agree the new crypto business models are more rewarding. From social platforms to games, from defi (or pseudo defi) to long-term investment programs.

Personally, I didn't stop using 'faucets'. Every crypto coin I get that I don't pay for (still need to work on minimizing the distraction they are) is great, provided they'll eventually all (or more likely some) moon.



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That is...An ideal situation. Where they do adapt. I just read that message from Coinpot and they sounded defeated. Like they gave it their all and it's just becoming a nightmare.

I think the opportunity is in the new platforms that are emerging and of course, everything on the Hive blockchain too.

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I just read that message from Coinpot and they sounded defeated.

To me it sounded like they were looking for a way out, because they have a different focus now and operating the faucets took too much time. Not to mention adapting them to changing conditions.

But yeah, I agree, many faucets are really basic. And now many crypto users went to a higher level. Even if faucets will adapt (and I believe some will), they will never be in the spotlight like years ago, for good reason.

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