A few weeks ago I reported about the new initiative from the Horizen Project developers to spread awareness about crypto by giving away free zatoshis – the smaller denominations of their native cryptocurrency called ZEN.
In my episode of the Crypto Corner show on YouTube in December, I spoke to Rob Viglione – co-founder of Horizen and we discussed the reasoning behind the decision to open this faucet and give away small portions of their coin to users from all over the world. You can find the video here.
For new users here’s how this works: the faucet is in simple terms a website (of a crypto node) that awards users with small amounts of a coin for free. Some faucets also require certain tasks to be completed but not this one. You will have to register with an email and for those who weren’t happy that the amounts were very small, there’s now an additional bonus feature that rewards users up to 2.2 times higher amounts if they are willing to join the Horizen community. After all, this is the main purpose of the giveaway. Growing the community and the support for their coin.
For those who are already users of the faucet, you can pump up your rewards by going to the Bonus tab on the website and you will have the option to add up to 3 social media accounts. If you do that, you will receive the higher rewards. See the screenshot below.
Also, don’t forget that for each consequitive day you visit the website and claim a reward, you get slightly more than the previous day. It goes like this:
Day 1 – typically around 3k zatoshis
Day 2 – 1.2 times more
Day 3 – 1.4 times more
Day 4 – 1.6 times more
Day 5 – 1.8 times more + Bonus round that can go up to 1ZEN but in most cases it’s 0.25 ZEN which is still much more than the previous days so make sure you get to day 5 and after you claim the regular reward, refresh the page and click the bonus round icon which will turn from grey to blue-ish (this is how you know it’s active and you can do the bonus round).
Day 6 – you get 2 times the amount you got on Day 1.
After that it resets and you start another 6 day period as described above.
The faucet is open to be used every 20 hours, so you have to wait for 20 hours between claims, it can be more than that but if you leave it for much longer, you will miss and will start from Day1 again.
Lastly, if you’re still not sure what ZEN is and why should you care, check out my previous posts where I explain more about it and join their free forum where you will find more useful information and tutorials.
If you are interested in joining this cool giveaway, follow this link to the faucet’s website.
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