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replied 31d
Now it just lists who has most faucet users on top. Silly. U get on 1st page if u have most TX not a metric that matters
replied 31d
Faucet users?
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Each time a faucet is used, a TX is created

So all the free claimers make a project rank high atm.

If there is no faucet in a project it will therefore rank lower on current metric
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By faucet you mean people giving away free tokens? For tips, giveaways for token holders, both, or what?
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I am. Not referring to tips. That is what a token owner decides to do on their own, not by a faucet.
Faucets were great advertising tools back in early bitcoin days
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Just referring to a faucet. That is a bot or program a project offers to users for free coins, yes. Sometimes a limit but each project that has faucet sets that to get more TX
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I can't believe I have oblivious to such things lol. Are these faucets ever worth it?
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Quick and easy way a new project can get a bunch of users. People claim. Free tokens daily then sell them on memo
Creates a market fast without any real purpose
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Sorry so many questions..... Can you show me an example of one of these? Thnks
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Sourtoshi is always improving it using reddit verified acxounts
http://sour-faucet.ddns.net

Also just go to telegram and many faucets there
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I belong to some on Discord. But I don't understand what to do there. Feel like there's something I'm not understanding.... I'm retarted about it lol
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I don't visit discord anymore. So many channels too much to do.
I come here, I like memo
I don't use member either
But I do use telegram. I think most faucets are there
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It takes too much space on my pathetically small laptop lol. Discord can run in my browser. Every time I use telegram I gotta re-delete it. Sad
Calm_down_stupid
replied 31d
Better than it was, now to get to the top you will have to pay for quite a few tx so there is a cost involved, previously you created a zillion tokens out of thin air......
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yeah there's def a cost now-time and money. whats nice is even the send to many wont work to increase txs much, since they count as 1 transaction. they're gonna have to put in the work
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Hope it keeps developing. Will be good for all. Slp. We are happy to help but it is not our project
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The token market is a money maker for memo, so i would imagine that making it easy and fair as possible would be up there at the top of the list. I'm sure it'll only get better :)
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What project are yall talking about?
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Sour is a good example of a professional run faucet.
Not sure about others. They often break if ot maintained
Sourtoshi seems to be working hard on his all the time to make improvemen
replied 31d
All this makes me feel like a newbie lol
Calm_down_stupid
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...sold one to your alt account for 100k sat and boom, you have a token worth 50 billion USD and you sitting at the top of the market cap, it was ridiculous.
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You are right
There have been a number of suggestions and volunteers to help it even better though. So far not acceptes
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Way too easy. With the way it is now that shouldn't work anymore right?
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Still not perfect but definately betrer
Calm_down_stupid
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Well already we seeing so called "airdrops" ie, token X gives a "dividend" of a small amount of X to everyone who holds token Z, giving X a huge number of tx.
Calm_down_stupid
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In my opinion, if a token needs this sort of pumping, if the people behind that token have to get it to the top of the list for that token to be relevant. It's probably a shit token.
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Personally I don't see how # of tx makes a token valuable. That's why I don't see the point in new 'tokens' page. Seems like useless info to me.
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Shows, for the most part, older established tokens, front and center. Alot harder to get above honk or spice. You gotta spend alot of time and money for that amount of txs.
Calm_down_stupid
replied 31d
If a token is popular then it will have a high number of tx because people are sending it back and forth. Previously you could have a token valued at a million USD but with only 10 tx!
Calm_down_stupid
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That is why if you see someone creating artificial transactions for their token you must surely ask why are they doing that ? Is there not enough natural tx for it to be relevant ?
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I would think the quality of tx would matter more. Like the usefulness of it, actual sales between known users, ect.
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like calm said , if a token is fueled by pump fueled by hype, prob should steer clear of it.
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yeah, you gotta be obsessive to accumulate a cent's worth from faucets lol In the end you just gotta do your own research and decide whats the token creators goal
replied 31d
Are the dividends pai in BCH? Or more tokens?
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Either
The project decides
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I know Vidteks had some tokens like that. Paid in BCH. But the ones I know about are from way back. Kow of any new ones?
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I'm only aware of DV (mine), RFND,and SOUR doing bch dividends
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Got a bunch of dv myself. Didn't know it was Urs haha
replied 31d
Sweet is mine, sour, spice, Honk, Rfnd, rnew, zpt, Inc, feels, all in list if u go check
Sorry I have to get back to farm.
Animals don't wait for me and I don't have internet there
replied 31d
Sweet? slpswap.com sweet? Thats you?
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Building it, yes thst is us
replied 31d
Good luck! - your project looks super promising. I'm rooting for ya'll!
replied 31d
Same to u
Enjoy getting my divs from u, Crytpovato and Sourtoshi
Keep up good work
replied 31d
Thanks for all your help ! ;)
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No need for thanks. I like talking about slp
So new so many people have so many visions for its future.
I am building 3 projects using it atm. 1st should be public Dec/Jan
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My first 'sellable' token was going to be a coupon token for a website. But the nature of the site was squashed by Covid. But there's a webcam section that I want to build on....
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Until then there's no point in selling them anymore. Bad timing lol.
Site is adults.cash. Token is ADULT CASH XXXC
replied 31d
for a thousand transaction it will cost a lil over 1 USD. thats more than most "startup" projects have to begin with. not to mention the time and hassle to to 1000 transactions