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Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

CryptoGiveaway Develops Platform: Enables Users to Receive Free Coin

Joseph Young
Joseph Young
Last Updated: April 5, 2018 1:41 pm
2 mins read
CryptoGiveaways Alpha Testing Underway. newsbtc bitcoin news

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Since the birth of Bitcoin and alternative cryptocurrencies in 2008, a growing number of digital currency startups have been offering free Bitcoin and cryptocurrency deals to invite mainstream or beginner users to the industry.

However, the majority of these deals were left with heavy criticism from the community, being described as scam-like advertisements. While some of them might have been misleading offers, there are many Bitcoin and cryptocurrency startups in the industry genuinely trying to offer free deals to increase awareness of digital currencies.

In an attempt to assist individuals to claim free bitcoin and cryptocurrency offers without falling victim to advertisements and bitcoin-related scams, which have substantially increased over the past few months, CryptoGiveaways has developed a platform which enables users to claim legitimate bitcoin offers at ease, with relatively simple procedures and methods.

“Our platform has been designed to allow users to claim free coins from a range of cryptocurrencies , We do research and test each cryptocurrency added to CryptoGiveaways and we try to keep up to date with their progress (Of course this isnt always possible). We will be designing a system where leaders from any of the cryptocurrencies on CryptoGiveaways must keep their data on our site up to date and if not they will be removed, this will be a automated process,” CryptoGiveaways founder told NewsBTC in an exclusive interview.

While many bitcoin enthusiasts fail to understand the importance of these offers provided by many bitcoin startups, a surprisingly large number of people are still wary of bitcoin and skeptical towards the technology. By distributing bitcoins for these mainstream users to try experiencing a virtual currency for the first time, bitcoin startups can raise awareness of the digital currency, creating a bigger market to target.

CryptoGiveaway has already begun its alpha testing, with around 10 alpha testers from both non-cryptocurrency and cryptocurrency communities to capitalize on the limitations of the current version of its software.

“Our alpha testing will be ongoing for atleast another month to around the end of February 2016. We have around 10 alpha testers from various cryptocurrency communities (Some of which aren’t actually part of CryptoGiveaways). We also have some testers who are out of the box and have not been part of cryptocurrencies before. After this testing we will evaluate all feedback from testers and build CryptoGiveaways further off their feedback,” the CryptoGiveaways team added.

The CryptoGiveaways team first discovered the idea of a scam-free bitcoin and cryptocurrency deals platform when they began to receive an increasing number of reports regarding the “flood of advertisements” and the complex procedures to claim the free coins.

“Possibly, my idea for CryptoGiveaways was born for me (BatesResearch) pointing users to faucets to claim free coins from various cryptocurrencies but many of the users complained about the flood of advertisements and difficulty of using some of the over complicated claim forms. Our aim was to re-design the modern day faucet with a more user friendly system,” the Founder told NewsBTC.

Over time, CryptoGiveaways will allow bitcoin and cryptocurrency firms to increase bitcoin awareness and adoption  by providing skeptical users simple methods of using cryptocurrencies as a trial.

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Joseph Young
Joseph Young

Joseph Young

Joseph is a web developer and designer, writer and a passionate musician who loves to travel often. He's worked as a researcher for a number of venture capital firms and as a freelancer designer for resorts and corporations in Korea and the Philippines.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
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