Websites that gave away up to five $BTC for solving captchasđ±
The faucets in 2010 had nothing to do with those of now.
In 2009, the first block of the bitcoin network was created. However, it was not until a year later when the first exchange was produced, giving it a starting value of $0.003 per bitcoin.
This encouraged many users to buy these cryptocurrencies and mine them in order to obtain an investment in the future.
Many did it as a hobby, rather than as a serious goal.
The situation was such that there were even websites where they gave away bitcoins for actions as trivial as solving a captcha.
Five bitcoins for solving captchas: this is how faucets worked
Back in 2010, there were websites that gave away up to five bitcoins for solving a captcha. Logically, in the past they were worth practically nothing. However, today, the user who kept those bitcoins would have a total of 309,874.25 euros in their wallet, according to the current #Bitcoin price.
The world of cryptocurrencies has changed dramatically in the last 15 years. And after the adoption of bitcoin and other cryptocurrencies by multiple platforms and users, recurring events such as 'halving' and other external market factors, the value of bitcoin has skyrocketed.
The main developers of this cryptocurrency feverishly believed in their project. One of them, Gavin Andresen, created a very simple website in which he gave a total of five bitcoins to anyone who solved the captcha on the website.
To attract users, it put a total of 1,100 bitcoins into its digital wallet. Later, Anderson began receiving donations from other crypto miners and whales to continue this project so that users could obtain this reward.
In total, about 19,700 bitcoins were distributed, which today would be equivalent to more than 1,220 million euros. The project ended in 2011, when there were still 750 BTC left to distribute.
