For clarification purposes: This article is a purely pragmatic view on the matter. It's a sad fact of our world economy that one even has to think about recommending the use of Crypto Faucets for low income countries. Nevertheless, this may be an opportunity for everyone, who, only by "bad luck" and no fault of there own, were born in an undeveloped economy and has to struggle day by day just to survive.
Chances are, you've already fallen for a Crypto Faucet. Maybe you're still using one and it's a normal part of your daily morning routine to watch a bunch of PTC ads. The hard truth: If we take the minimum wage of most Western countries into account - it's always a waste of your time. At least, it is not worth your time, if you have any other options. But what if you're living in a Third World Country with much fewer job opportunities and a much lower minimum/average wage?
Wage Potential in Third World Countries
Let's have a look at the least developed countries (LDCs) according to the United Nations. 46 countries in total are listed, of which 33 are situated in Africa. If we search for the GNI (gross national income) per capita of - for example - Somalia, one is shocked to see it listed as between $95 and $130. Even higher ranking countries as South Sudan still only reach around $1.090 GNI per capita. In most western countries, one couldn't afford to live on this yearly income for even a month. If you'd like to have a broader look at the data, I'll leave a link at the end of this article.
Leaving the national Economy through the Internet
If you want to escape your national economy without actually leaving your home, there's only one reasonable way: The Internet. But we must take into account the hurdles one will encounter in aforementioned countries.
- Language barrier (English)
- Technical Equipment (Laptop, PC or Smartphone)
- Internet Connection
For most options basic understanding of the English language will be enough. Certainly for most Faucets. If there's just one person in your family, who's capable of understanding English in a rudimentary way - he'll be able to teach everyone how to use Faucets, without even having to teach any English at all.
In 2018 only 15,6% of all adults in Uganda owned a Smartphone. This is a great achievement if one considers that this number rose from 4% in 2016. It's still a very low number. Reliable data on the matter is hard to find - as one would assume - but this seems to be a good representative example for sub-Saharan countries. The data also suggests that most of the Internet usage takes place on smartphone devices (around 75%). It seems to me that - in general - a smartphone should be considered one of the most important investments, if at all possible, a family could make in a Third World Country. This is also an important focus point for humanitarian aid, where an awareness shift seems to be currently happening.
A study by the Pew Research Center suggests that between 25% and 59% of the inhabitants of sub-Saharan countries had occasional Internet access in 2017. This number has probably risen significantly since then.
Earning Potential of Crpyto Faucets
It's another sad realization that probably only a fraction of the population of most Third World Countries will be able to overcome the hurdles to work over the Internet. But even if there's only one person with Internet access per family, this still could contribute in a big way to their yearly income. So, let's talk faucet numbers.
The most important thing when choosing a Crypto faucet - this is also a tip for all western users (who still won't give up) - is the minimum withdrawal limit. If one is struggling to survive day by day, he won't be able to collect a portfolio of points over a period of many months. This wouldn't be sustainable. And one can't fall for any scams - so we'll have to stick with the most prominent faucets.
This brings us to Cointiply. As a Cointiply user myself (do what I preach and not what I do), I'd believe one should be able to earn around 1000 points a day. Let's make it half, as one has to take into consideration the lack of surveys and offers once in a while. 500 points a day would equal $0.05. It would take 60 day to reach the minimum withdrawal limit of 30.000 points in DOGE ($3). This would be around $18 a year, a huge amount in relation to the yearly income per capita of Sudan. This would actually be a reasonable way to earn money. Let's say, you'd be using multiple faucets at once. Freebitco.in, Faucet Crpyto and the likes - I've read countless earning reports for these faucets, it seems reasonable to think that one could reach $1 day, if he does it full-time.
What do you think?
What did you earn in a specific time frame with the prominent faucets?
For further research:
https://www.un.org/development/desa/dpad/least-developed-country-category.html
https://www.statista.com/statistics/505883/number-of-internet-users-in-african-countries/
https://www.statista.com/statistics/748053/worldwide-top-countries-smartphone-users/
For further reading:
https://www.publish0x.com/@Marchioly
I’ll be also lurking around on noise.cash (as marchioly, of course)