What does faucet mean?

A website which gives away free bitcoins or another cryptocurrency to any IP address that connects to them. Faucets originated as a means to increase awareness and interest in cryptocurrencies.

These days, with cryptocurrency prices so high, payouts from faucets have become so small that users are typically making no more than pennies an hour when using the faucets, which typically require you to complete a captcha to collect your small amount of coins. Bitcoin faucets remain popular, but there are also faucets for Ethereum, Litecoin, Doge, and some other cryptocurrencies.