Bitcoin faucets appeared at the beginning of the development of cryptocurrencies and Bitcoin. The first bitcoin faucet was launched in 2010 by web developer Gavin Andresen. It was he who decided to give users the opportunity to get a small amount of bitcoins for free in order to popularize this new cryptocurrency.
Over time, with the rise in popularity of Bitcoin, many other Bitcoin faucets have appeared. Users could earn a few satoshis (the smallest unit of Bitcoin) for completing various tasks, such as viewing ads, entering captchas, or performing other simple tasks.
Over time, some faucets became less popular due to reduced payouts and emerging business model issues. Bitcoin faucets still exist, but their roles and importance in the crypto community have changed over time.
Bitcoin faucet in comments
