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Topic: What's effect Facebook banned will have on ICOs today (Read 1146 times)

newbie
Activity: 39
Merit: 0
Facebook greatly affects ico of digital forms of money advertise. In the event that Facebook will be restricted then an awesome hamper will be happened. Ad, people group of ico will be bombed due to bann this media Facebook.
hero member
Activity: 728
Merit: 500
Already each got endure active bitcoin and ICO assets. I discharge not craving that it liking dissimulate the crypto market.
full member
Activity: 434
Merit: 100
The effect would be so big because we know how social media can advertise or promote your product. ICO's success greatly depends more on advertising and promoting for publicity and without facebook, ICO's can't expand well of spreading the words of their project. But good thing there is still twitter and other famous social media sites.
member
Activity: 218
Merit: 12
Maybe ICOs became a life saver for new born business and projects, but I'm not interested in it at all. The most of them are truly scam and others weren't live more than few months. ICOs are clear money making schemes and they should be under hard control.
full member
Activity: 1232
Merit: 143
This topic is old and yet it is observed that even with the ICOS ban on facebook the platform is still widely used by the companies that develop the products. Allied to this we have the campaigns of facebook that drive much more the ICOS than the typical publicity paid.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?

 Grin The crypto community is strong enough these days and can resist it. It doesn't matter Google, Facebook or anyone else has decided to ban ads related to crypto. The other projects used this opportunity to promote their products. Pay attention to such products as desearch.com or matchico.com They are related to crypto. Besides, there exists a lot more.
Whatever it is really does not matter as the market is still standing strong and there are so many other measures that can be used anyway and not like they are completely limited to social media adverts. The way some people are saying it though, it is not like some ICO adverts are not still running and all you have to do is to be able to show you are for real and not just some fake project looking out to scam the users.

This was done to clean up the space anyway, so I do not see it as something bad or an attack on the crypto world except for some who just love reading negative meanings to everything.
I think little bit affect will be there because Facebook is a big social media site and millions of people use Facebook on daily basis. If the ads continue it would get promotion and people would invest in it and thus the market cap of such ICO will grow higher. I am not interested in ICO because many of them are scam and investment is such coins are very risky.
full member
Activity: 504
Merit: 106
I think it is high time we develop a better social media platform for cryptocurrency that will serve our interest only and forget about those so called social media gurus who keep frustrating our business. Facebook ban cannot stop cryptocurrency from exploding to all the corners of the earth .Cryptocurrency will survive without Facebook.Facebook cannot stop the power in cryptocurrency.
I guess that is one thing we will end up seeing eventually anyway as development keep popping up. However, I really do not see much effect on the ICO market in general even with the ban and it is not like ICOs are not still making some waves. Also, I have been seeing some adverts, so it is not like it was just banned permanently, but it is still allowed for those who can at least verify their authenticity with some license documents to stand a chance and that stands for Google and others as well.
Yeah you are right. FB may afraid of such scam coins,that's why they banned these ads on their site, and other reason is that they are going to launch their currency, so they will promote their own currency that's why they are not promoting any other cryptocurrency ads on Facebook site I don't think that there is any other reason for banning cryptocurrency ads.
legendary
Activity: 1414
Merit: 1001
Facebook have a lot of users...but I´m not sure that it was the best place to announce an ICO. The best way is to have activity in Reddit, Medium,  Twitter, Telegram and specialized forums like this one.  We are started to announce our ICO recently and the most of the messages that we are receiving with questions, sugestions or asking more information about us are from Twitter and Reddit users.
Sorry to say but i think that you are wrong, Facebook is the no doubt the best place for ICO advertisement. Facebook has too many users almost from everywhere in the world, therefore it is really contributing too much to advertise different ICOs. I can hope that it will continue introducing ICOs in future.
Yes that's true, although facebook is not always related to cryptocurrency but facebook has a very large number of users. It can be used very well to promote an ICO project. Facebook has many users from various countries around the world and it is a great advantage compared to other social media. So for me when facebook makes a rule about the prohibition of advertising ICO then it will certainly have an impact on the development of cryptocurrency and especially for the development of an ICO.
MMA
legendary
Activity: 1134
Merit: 1000
Facebook have a lot of users...but I´m not sure that it was the best place to announce an ICO. The best way is to have activity in Reddit, Medium,  Twitter, Telegram and specialized forums like this one.  We are started to announce our ICO recently and the most of the messages that we are receiving with questions, sugestions or asking more information about us are from Twitter and Reddit users.
Sorry to say but i think that you are wrong, Facebook is the no doubt the best place for ICO advertisement. Facebook has too many users almost from everywhere in the world, therefore it is really contributing too much to advertise different ICOs. I can hope that it will continue introducing ICOs in future.
hero member
Activity: 672
Merit: 500
I still believe most activities happens on telegram, even though ads work on targeted users of Facebook. The effect has not been much so far as most now use twitter and CMC ads to promote ICOs.
Yes I also believe that it do not have much effect on the ICOs if they will ban it as people are already sharing their projects on their profiles and on their groups and fan pages on facebook which is playing a vital role for promoting them on facebook. It bring more participants to the ICO when their ICO is promoted via word of mouth on the profiles of people.
newbie
Activity: 41
Merit: 0
I still believe most activities happens on telegram, even though ads work on targeted users of Facebook. The effect has not been much so far as most now use twitter and CMC ads to promote ICOs.
sr. member
Activity: 1071
Merit: 253
There are still many ways to call investors' attention. I know that Facebook has a lot of active users but the whole internet does not revolve around it. There are still some sites like btctalk and telegram that ICOs can use. Youtube is also there whenever they want to promote on their own channel.
Yes facebook has high scope because now almost everyone is socially active and people are talking good part in using facebook to promote anything including bitcoin, so I think facebook is not going to ban bitcoin they are only banning the fake news posts related to bitcoin, people are spreading fake bad news about bitcoin using social media accounts and if facebook will ban bitcoin then of course people has millions of YouTube channels which will be used for this purpose.
newbie
Activity: 44
Merit: 0
The market is in tough times. Such news is not at all time.
newbie
Activity: 2
Merit: 0
Facebook have a lot of users...but I´m not sure that it was the best place to announce an ICO. The best way is to have activity in Reddit, Medium,  Twitter, Telegram and specialized forums like this one.  We are started to announce our ICO recently and the most of the messages that we are receiving with questions, sugestions or asking more information about us are from Twitter and Reddit users.
sr. member
Activity: 826
Merit: 263
Since the Facebook has became the big social media nowadays we are seeing the people investing for giving promotion on Facebook featured ads. Still ICO projects go well without the help of facebook mate. I really understand that new comers will not be coming after the regulation implemented on facebook.
Then still I hope bounties are going well with the facebook promotion and everything.
member
Activity: 322
Merit: 21
Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?


Will only affect the price sometimes only. But with time everything goes back normal.
How can facebook affect the price? For what reason and application... Facebook need to balance everything that's why they need to banned crypto currencies/marketing for good reason and one of the main reason is to avoid all their customer to invest almost but not all in scam/fraud crypto projects. But you know, there still adds and facebook bounty campaign and it's hard to filter and clean it up for instant interval of time.
newbie
Activity: 126
Merit: 0
Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?


Will only affect the price sometimes only. But with time everything goes back normal.
full member
Activity: 476
Merit: 100
There are still many ways to call investors' attention. I know that Facebook has a lot of active users but the whole internet does not revolve around it. There are still some sites like btctalk and telegram that ICOs can use. Youtube is also there whenever they want to promote on their own channel.
newbie
Activity: 126
Merit: 0
Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?
Facebook, as a place where there are any and all people wasn't the best place to advertise ICOs anyway, so this won't influence crowdfunding process much. Apart from the specialized forums, like Bitcointalk, there are still Reddit and Quora Smiley

But a place where you find all kinds of people would also be a place to drop information of any kind for same to go viral. My concern is, I do not know why Facebook would make policy against even shared ref links. Could it be for some good reasons? But their policies statement hasn't state vivid reasons for such policy. At least I am yet to know their reasons.
newbie
Activity: 106
Merit: 0
Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future  of cryptocurrencies?

I recently used Credits banner as my wall paper on Facebook and it was automatically removed the next day and I got a subsequent message that I was posting spam, I do not know how long this ban has being going on but I do not think it is being known by most as Facebook is still a leading PR platforms for advertising start ups and ICOs. But if this ban fully takes effect then it would really affect the ICO advertising trends on social media as Facebook is one of the leading social media platforms.
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