Topic: Facebook launches its own cryptocurrency with massive ICO (Read 440 times)

It's not true and you can see that OP was begging to get merit by copy and pasting the content in here. facebook already banned crypto and facebook was following SEC compliant. the facebook never stated if the company interested to created own coin. It will never and this just a bullshit.

probably Facebook in such a way is running away from its competitors and probably without any problems will conduct a successful ICO

is that true? then when will they do Initial Coin Offering? I am very interested to follow the ICO if indeed it is true

Where did you get this information ? Is it true ? If it is , many bounty hunters will sure be happy ...

Facebook Inc. was a large social-media company with an estimated market cap of about 600 billion USD, it came to my mind why do they need to launch an iCO if they already had a large funds to start its own crytpocurrency. Secondly, Facebook has a large workforce of IT industry and have large  group of computer experts and scientists then why do have to ride on the Ethereum blockchain technology if they are capable of innovating and creating their own blockchain. So i really doubt that this news is not credible due to 2 reasons above.

I searched this stuff on google but failed to see some authentic articles in regards to the facebook creating its own cryptocurrency cause if they're going to launch ICO's or some official announcement they will definitely do that on their own platforms and here to promote and grow the crowdsale, all along there are no bells ringing about this one, not on the telegram community nor on the Facebook platform and mostly here, so OP do you mind to find other reliable sources about this one? this might mislead someone.

Why would Facebook need to make a new ICO? They need more money?
Because ICO is to help a company to get enough money to complete their project. Facebook has surely enough money to do a blockchain if they want without doing an ICO.

I think it's a fake news. Now facebook is part of the old finance because it should never line up with the revolution of the cruypto?

it’s just rumor. Facebook just bans the cryptocurrency ad. Now launching project ICO? Facebook won’t execute any project not associated with social activities. And ICO is not totally legal, Facebook won’t do it.

It was never been published and announce by the Facebook CEO, after his hearing about the account bridge something on CNN there is no further announcement from him about the official crypto lunch.

I dont think this news is genuine because I haven't hear or read any news that say such thing and I asked a liable source he said nothing of such happen. OP, you should using the site cause they are trying to promote their site by posting wrong news.

No way that this is true because facebook is already in trouble because they were colecting data from all of their users(and selling them)Imagine the shitstorm that they will recive if it turns out to that they are runing their own ico month after baning all others to marketing on their platform,not to mention that ico isnt really legal in usa....

I was reading about the article then I saw something at the end of the paragraph,
"We wish all of our readers a happy April Fool’s Day."
That was the line, so I myself was confused that period and just ignored it.

Well it's not a rumor about telegram. They filed papers to the SEC. Telegram already raised 1.7 billion dollars on private sale
https://www.ccn.com/telegram-banned-in-russia-on-heels-of-1-7-billion-ico/
That was on news. I think facebook banned ICO or any mantion about ICO is because Facebook know that some of these ICO's in the future will be a real competitors to the Facebook.

Did the telegram become an example? First, Pavel Durov organized the ICO, now we have heard rumors about Facebook, who is next? twitter? Instagram?

Facebook bans crypto currency advertisement, well i am not surprise if he will create his own crypto currency. He can make and he can do it, same thing will happen like Facebook!

I won’t blame Mark for anything. He is mere a puppet in the hands of others. He simply take orders from the above and executes them without questioning himself whether his actions are right or wrong. At least, this shows the importance of the concept of digital currencies. I also read that he has leaked out large amount of data of Facebook users. He works for NSA.

One way or the other, Facebook may actually go the decentralized route especially in the wake of the Cambridge Analytica SNAFU. However, I don't think this is real news. But then, market is in upswing and they may be looking at cashing in

Let's see if Zuckerberg will refute this information or not. I think this is his cunning plan

Recently, Facebook has banned cryptocurrency advertising, and now it is considering developing its own currency. I think this is a fake news. But this may be somehow a cunning company plan. I think after some time  Zuckerberg will refute or confirm this information.

Fake news for sure, Facebook will make a crypto but not now.

It was obvious that they would want to launch their own cryptocurrency, otherwise why should they ban advertising of other ICOs that bring them money...

This is probably fake news and those investing in such big ICOs creating a token worths actually nothing are fools. Bitcoin is not fraud but ICOs are fraud indeed!

Now, that's just unfair. At first they ban all cryptocurrencies and lead to big problems of the market and then decide to make their own coin and release it via ICO!
They can indeed beat the Telegram ICO. However, not necessarily so. While facebook is used by a lot more than telegram, it is the latter whose users care about anonymity, cryptography and new technology. Moreover, making transactions via telegram makes a lot more sense than via facebook, since the latter has some security breaches.

this is proof that the issue of facebook crypto tires is a lie. facebook is already interested in crypto and probably will make its own coins.
I'm sure other media will follow facebook

ICO is the modern way of begging for money!
otherwise none of the ICOs so far that sold coins and raised a lot of money needed that money to create their useless token and do nothing in the end. the good example here is Facebook, a multi million dollar company doesn't need to raise money to release a shitty token but they are seeing the option to get paid a lot of money for doing nothing and they are taking that option.

that's something I still think about until now. although this issue is not yet clear. but, it is very visible that the facebook developers are hypocritical. he banned the crypto ad. but he made his own cryptocurrency

I believe Facebook can structure its cryptocurrency so that the interests of all involved are met and exceeded. This includes the interests of Facebook shareholders, users, employees, and ultimately all of the participants in the Facebook Coin transaction economy.

I don't believe this news, Facebook for now has so many things on their plate now than announcing their own ICO, this is a company that is well capitalised and now that they need to raise cash to support their company and make it afloat. I will need to check this out

that's all rumors. Fabook is IPO company they can't do anything unclear to kill themself. And they're the top biggest company in IT industry so that's normal if they have any things research relate to blockchain but I'm sure they will not do a ICO

Are there any more sources for this?

An article published in Futurism in January claimed that Facebook was considering launching its own cryptocurrency but no further details confirming this will actually occur have been revealed since

https://futurism.com/mark-zuckerberg-officially-considering-cryptocurrency-facebook/

Rumors as it is, again and again... Well, if this rumor is true, it might be just a front concerning its recent scandal. Maybe the developer thinks that this will be a very good idea to divert all the bad news that boomed regarding with Trumps candidacy with Facebook as a side kick. It's all about gaining a lot of trust for the sake of its market stability.

Interestingly it turns out first they say that they will ban advertising about crypto currency, and then create their own token. It seems to me or it was a struggle with competitors, but after all such steps are not effective.

This was already guessed by many as Facebook google and Twitter banned cryptocurrecy related ads because they wanted to bring their own product. In other way it's good news for blockchain sector as the mainstream companies like Facebook, telegram, Kodak hopefully (Google and Twitter will aslo join) are realizing the power of blockchain and entering into market with their own ICOs.

This is a good news for crypto lovers but FaceBook stand on banning crypto in their social media site and they launch their own coins is something not good. If they really want to compete with other crypto, they need to compete in the open forum, I think they are misusing their familiarity and way to acquire market in a selfish way. Anyway, FaceBook stepping into crypto is a positive sign.

I think this news has long been circulating and should the news you provide here should be in English, because this is a global board (not local). I'm not sure, if the team from facebook have not officially announced about ico they will make.

I think it is not authentic news as nowhere on facebook it mentioned. Just a rumour or a fake news. If that kind of news come up from facebook then Bitcoin price will jump like a rocket.

Great news. Well its Facebook own social media platform, they can do what ever they want with their platform since we are just freely using it. What’s more scary thing possible to happen after their banning of crypto-ads is that maybe they will ask for payment in our every post. Let’s just hope that will never happen though. 
And regarding their ICO maybe all advertisement mostly on our wall are from their FBC coin I guess 

is this informations true ?
if true, there will be a good chance for facebook to fixed up the privacy issue

Exclusive sources have been issued by Finance Magnates who dominated Facebook's social media to diversify its product line with its own cryptocurrency, the Facebook Coin (FBC). Users must register to use coins, but Facebook will guarantee that data and transactions will be completely anonymous.

However, its development is still not officially recognized, but for that coin will be issued using the Ethereum blockchain through ICO in the next two weeks. Given the size and coverage of Facebook, it is possible to assume that ICO will rival the 1.2 billion dollars raised by Telegram in its own rotation of the ingredients.
To be able to use the coin, the user must provide data such as name, address, phone number, mother's name and the name of the animal is too small. This is for the reason, the privacy written into the smart contract will ensure that all transactions are completely and can not be traced at all.

Uniquely, Facebook will advertise ICO on Facebook users. This is interesting, because the social media company recently banned all cryptocurrency ads on its platform. At the time, the product's managing director said that Facebook wanted to avoid "fraud", and the process of issuing new rules for cryptocurrency itself had naturally "raised eyebrows." However, there was no contradiction in its policy.

"Facebook bans cryptocurrency ads because too many of the companies engaged in cryptocurrency have committed fraud. This is exactly the same as Facebook ICO which is a legitimate way to get more data, which is necessary to find innovative digital coins, and this is not a scam, so there's no reason not to appear on the platform."

Do you remember facebook step banned crypto ads on its page. Then, why facebook make your own coin? Is this his name to lick his own saliva?


source: https://www.inforexnews.com/berita/cryptocurrency/facebook-akan-luncurkan-cryptocurrency-sendiri

please give a merit if this is good!