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Features | This Man Once Gave Away 1,100 Bitcoin for Anyone Who Could Complete a Captcha
A former Bitcoin blockchain developer Gavin Andresen funded a free Bitcoin giveaway event known as Bitcoin Faucet with 1,100 BTC on a website a few years ago.
Interestingly, on that website the way to get free Bitcoin is just by completing a CAPTCHA. This faucet is an important part of Bitcoin's history, especially in its early days.
At its peak, faucets could distribute up to 5 BTC per user for free, at that time the value of Bitcoin was still less than one cent per coin. Now, each distribution is worth more than US$500,000.
Now, the faucet has been announced to be relaunched, although no Bitcoin has been distributed at this time. Bitcoin pioneer Charlie Shrem, who announced the plan to relaunch this faucet, is mimicking Gavin Andresen's model.