RCS - Online Blockchain - FreeFaucet strong growth; captures crypto market

Online BlockchainAnnouncement

05/10/2020 07:00

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RNS Number : 9747A  Online Blockchain PLC  05 October 2020

News Release

 

October 5(th), 2020

 

FreeFaucet.io experiences strong growth as incentivisation model captures
crypto market

- cryptocurrency hub hits 100,000 users and key global web rankings milestone
-

 

 

Online Blockchain plc (LSE:OBC
(https://uk.advfn.com/stock-market/london/online-blockchain-OBC/share-price) )
reports further advancement of FreeFaucet.io, one of its cryptocurrency and
blockchain properties.

 

 

The crypto asset claiming website (www.freefaucet.io (http://freefaucet.io) ),
from the UK's leading listed blockchain company, has surpassed 100,000 users
and entered the top 10,000 global sites on foremost traffic rankings site
Alexa within 18 months of its beta launch.

 

 

FreeFaucet.io, which is acclaimed for its high-paying and innovative
cryptocurrency faucets, has seen an accelerated increase in users with an
average of 1500 new registrations per week (up from 1000 per week at the start
of 2020). Its PTC "Paid to Click" advert faucets are receiving particularly
high traffic. PTC Faucets (https://freefaucet.io/faucets/ptc/) are a
pioneering tool for marketers who wish to directly promote projects to an
engaged, tech-savvy audience. Users of the cryptocurrency hub are rewarded
with Bitcoin for clicking a PTC Faucet and engaging with the featured website
for a short, specified period of time.

 

 

 

In addition to PTC Faucets, there are many other ways users of the site can
claim an array of crypto assets for free. These range from simply clicking a
button/completing a CAPTCHA or participating in a survey
(https://freefaucet.io/surveys/) through to playing online games, taking out a
free trial of Amazon Prime Video or signing up to snack subscription service
GRAZE.

 

"FreeFaucet's business model is predominantly based on advertising revenue.
However, it is unique in that it reverses the thermodynamics of money by
giving revenue from its advertisers back to its users," said Clem Chambers,
CEO of Online Blockchain plc. "Media consumers are starting to be viewed as
the ultimate asset and beginning to be paid accordingly. FreeFaucet.io is at
the forefront of this new wave of content incentivisation, which is evident
from the site's growth to date."

 

 

- ends -

NOTES TO EDITORS

 

Press/media enquiries: Francesca De Franco - francescad@advfnplc.com / 0794
125 3135

 

Online Blockchain PLC

Clement Chambers
(CEO)
clemc@advfnplc.com

 

 

 

About Online Blockchain plc (LSE: OBC)

Online Blockchain (www.onlineblockchain.io) is a UK-based incubator and
developer of businesses in internet and information-based technologies,
including developers, administrators and custodians of blockchains and
cryptocurrencies. The Company created ADVFN www.advfn.com and today still has
a holding of 17.98% in ADVFN plc.

Online Blockchain plc continues to consider new related opportunities and
particularly crypto currencies and blockchain-based opportunities including
incubating cryptocurrency start-ups and developing technical innovation in the
blockchain space. Led by a team with over two decades of pioneering in tech,
Online Blockchain focuses on innovation in cryptocurrency and decentralised
ecosystems via various applications of blockchain: incubating cryptocurrency
start-ups and developing technical innovation in the blockchain space.

 

 

 

 

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