Earn Free Cryptocurrency with your Mobile Phone

- find and scan QR codes and get rewarded with Bitcoin and alt coins -

Geofaucets enable anyone to claim cryptocurrencies at real-life locations.

The first-of-its-kind product from Online Blockchain plc’s www.freefaucet.io allows both cryptocurrency novices and aficionados to collect and store digital money using their smartphone.

Conventional cryptocurrency faucets are found online and ‘drip’ different types of cryptocurrencies. Visitors to sites with faucets can claim these for free with a click of a button. These small drips, when collected regularly, can accumulate into significant amounts of cryptocurrency. Geofaucets (www.freefaucet.io/geofaucet), unlike traditional faucets, are in physical form and are found in real-life locations. Claims are made by scanning a QR code at a designated spot. 

Geofaucets work like this:

• Go to a Geofaucet (locations are shown here: https://freefaucet.io/geofaucet)
• Open your phone's camera 
• Focus on the QR code (your phone knows where you are and tells FreeFaucet. This validates you are coming from that location via the QR code) 
• This gives you a browser link
• Follow the browser link and automatically get cryptocurrency[*] 
• Your cryptocurrency is safely stored in your FreeFaucet wallet (a cold storage solution)

Additionally, anyone can set up their own Geofaucet, which will self-fund and attract people to its particular location. The owner of the Geofaucet is rewarded with 10% of all coins claimed and can claim from it themselves. A person can visit as many Geofaucets as they like and can claim from the same Geofaucet once every 12 hours for another reward - https://freefaucet.io/geofaucet/what_is_a_geofaucet

The following cryptocurrencies are currently available to claim from Geofaucets: Bitcoin, Plusonecoin, Monero, Brazio, Litecoin, Bitcoin SV, Bitcoin ABC, Electroneum, Veggie, Ethereum, Buenos, Ravencoin and Dogecoin, with more cryptocurrencies being added monthly.

“Interest in cryptocurrencies is ever-increasing and Geofaucets offer a novel, fun and easy way for anyone to get involved in this market risk free. It’s a bit like Pokémon Go for cryptocurrencies,” said Clem Chambers, CEO of Online Blockchain plc. “Furthermore, setting up your own Geofaucets is a great way to make a passive income. They are also a great marketing tool for businesses and events.”

Go to: https://freefaucet.io/geofaucet to find out more.

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NOTES TO EDITORS

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

For further information please contact:

Online Blockchain PLC

Clement Chambers                              +44 (0) 207 070 0909

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.

[*] If you don’t have a FreeFaucet login it will take you through the short registration process and you will then get the cryptocurrency