Topic: Facebook Updates its Ad Policy : Non-ICO Ads Allowed (Read 202 times)
The news is very good, of course, but most likely this is because they want to launch their own crypto currency!
I guess they have come to realize how much they have lost since the ban and they decided to reconsider, crypto industry within it's few years of existence has worth so much money and it will increase in the near future.
That's a good news. I hope crypto currency is going to get huge benefit out of it.
that's really great news. Now through Facebook more people will be in contact with cryptocurrency. Cryptocurrency will get more exposure and more people will be interested to invest on cryptocurrency.
It is good news in the whole but I am also sceptical whenever it comes to facebook, they never do anything unless it benefits them, facebook must have some plans for blockchain or crypto's if they are letting them put ad's on. It's going to be an interesting second half to the year i think.
that's really great news. Now through Facebook more people will be in contact with cryptocurrency. Cryptocurrency will get more exposure and more people will be interested to invest on cryptocurrency.
Thank you for the informative news. If Facebook unbans the cryptocurrency and bitcoins add it will be a big promotion and marketing for cryptocurrency and bitcoin. I hope this step by facebook will change the total scenario of the crypto industry. Moreover, I don’t blame them for banning ICOs. Because most of them are scams.
Recently Facebook lifted its ban on crypto-related ads realizing the growing interest in cryptocurrencies and also considering the fact that the revenue from crypto-related businesses is potentially huge. Read on to know more!
Source : https://coinfrenzy.io/facebook-ad-policy-update/
Good move, will make it possible for coins that are post ICO to be able to build excitement in the secondary market to help support prices. I expect you will see newly minted coins and tokens using it for things like announcing being listed on exchanges and meeting targets in their business plan. Still leaves us bounty hunters as the main source of marketing efforts for the ICO, which is also good. Source : https://coinfrenzy.io/facebook-ad-policy-update/
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Any business wishing to advertise crypto-related products and services must now prove that they are eligible by filling out a form called “Cryptocurrency Products and Services Onboarding Request” as well as providing proof of ownership of the domain(s) associated with this application.
Even though this has just been officially stated, it is obvious this is something that has been going on or at least tested for a while now and same goes for Google as well since the article also mentioned that, as I have seen some verified ads as well as pages after the initial ban. However, this is a good move as this is what I have expected anyway and as long as an ICO can show its legitimacy, it will at least help clean up the space from scam ICOs trying to use the space for their devilish reasons. Obviously, these guys cannot ignore the revenue being generated from these ICO adverts, so banning them completely is not a good business option.
At least, instead of the same old way of doing things, a lot will be different now as you can at least trust the legitimacy of the project being advertised in a way. I do see some restrictions and regulations are always good against scammers.
This is really great. Actually this is needed. When Facebook banned all types of advertising that created a chaos on the mind of the investors. There was a mixed reaction on this. But now this decision will help the market and also the investors to find the good coin. This will encourage the good coins and discourage the bad coins.
I also heard about this news. Now a days cryptocurrency has improved and developed a lot that it is quite hard to overlook its progress.So I think facebook also cant control them to overlook it and thus again allowed it.
I am very pleased with this news, but I do not think that it will significantly affect the market of crypto currency. We need something more for the next wave of growth
This is a very good news, Facebook has a very strong global influence. More people will now join the cryptocurrency. Does this mean that the trend is back, I hope that Facebook can release its own coins as soon as possible.
Very good news! I think there will be a lot of good news now and it will be very good for the crypto currency and finally we will observe the green market. July looks promising. We will wait for more and more new news!
Facebook revealed a good signal that the world’s largest social media has demonstrated cryptocurrency, which is likely to herald Facebook’s start of its own cryptocurrency development.Maybe facebook can exchange crypto directly through their app in the future.
Facebook is so user friendly social platform. They analyze the public demand. And crypto os now one of the hot cakes in recent time. I believed that Facebook will revise their decision and accept crypto. And it happend here. I think they have something positive plan regarding crypto in coming days.
I expect there will be some Facebook related crypto as some point. Something where they reward people who post on their site with shares of Facebook coin. Kind of like an airdrop but only for those that provide data for Facebook. I don't think I'd be part of it given their recent record with data!
According to unconfirmed information, David Marcus (former Vice President for the development of Facebook messenger) persuaded Zuckerberg to buy out Coinbase
What makes them wanted to do this? I mean, Facebook (social media) and Coinbase (crypto exchange/wallet) have a different business field. If Facebook wanted to buy WhatsApp and Instagram, it makes sense for me as they support the main goal (AFAIK) of Facebook, which is to connect people.
But this Coinbase, did Facebook wanted to expand their 'monopoly' to other business?
Normally, I do not see anything wrong in stuffs like this as that is how business is. The essence is to look for a space and try to take advantage of it. It is a game and it is more like trying to acquire it all as long as you can.
Exchange too anyway is more like connecting traders, so I really do not see much difference in the two. The whole ad ban thing and reversing with some regulations is a good thing actually for Facebook and the ad space for crypto.
Facebook is so user friendly social platform. They analyze the public demand. And crypto os now one of the hot cakes in recent time. I believed that Facebook will revise their decision and accept crypto. And it happend here. I think they have something positive plan regarding crypto in coming days.
Yes facebook lifted a ban which they inaugurated in January. After several months of evaluation, the company decided to allow some crypto ads on its platform. But facebook still prohibits ads that promote binary options and initial coin offering because it is considered a fraud. I think this can make the price of crypto like bitcoin, ethereum, etc. to rise, this is a good step taken facebook.
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It's either that or maybe they want to help people connect more in terms of financial matters if it is then owning Coinbase is one of the best decisions in order to achieve that goal.
It's either that or maybe they want to help people connect more in terms of financial matters if it is then owning Coinbase is one of the best decisions in order to achieve that goal.
Let's say they wanted to help people connect in terms of financial matters, but I don't think there is not enough reason to buy Coinbase just because of that. Why the hell they want to throw away a lot of money to buy a crypto exchange when there is a lot of available options out there?
I'd rather say they wanted to produce more money, by owning one of the biggest exchange/wallet in the US (CMIIW).
The main reason is much more global! Return to ICO advertising is not only an attempt to return your income from the advertising business! Most likely in the near future we will see the launch of ICO under the auspices of Facebook itself to keep up with the Telegram! How do you like this idea?
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