What If I Make My Own Crypto Faucet?
Is It Worth It?
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FRIENDLY NOTE: This is NOT a dev tutorial! I’m intentionally skipping the programming steps and will focus on the general picture. So you’ll gain something out of this, no matter you are a developer or not.
The Trigger
As a blockchain enthusiast, I was surfing the internet to update my knowledge about new ways to generate income with cryptocurrencies and I came across something called a crypto faucet. Well, crypto faucets are sites that dish out tiny amounts of free coins in return for you performing a trivial action. The tasks could be something as simple as completing a captcha, viewing ads, or signing up for a newsletter. The reason faucets can give away free crypto is because they place advertising on their sites, and the money they make from ads is more than what they give.
After playing around with a few crypto faucets and earning a fraction of free bitcoin, I asked myself:
Why not make my own Crypto Faucet?
I barely say no to ideas that are triggered in my head. Even if they require me to acquire new programming skills, I will obtain them in order to make my ideas happen. So I accepted the challenge!
The Coin
The first step towards my project idea was to pick a coin that I would offer in my faucet. There are thousands of coins out there which has made it difficult for me to choose from.
Therefore, I decided to filter out the ones which could not be transacted using Python. Since Python is the only programming language I know, I had to make sure the coin’s blockchain was accessible through Python wrappers. For instance, Tronpy and Web3.py are Python libraries that allow you to interact with Tron and Ethereum blockchain…