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Topic: What's effect Facebook banned will have on ICOs today - page 11. (Read 1114 times)

legendary
Activity: 2170
Merit: 1427
Pretty much none. Facebook has a lot of people but there's also twitter, instagram, youtube, linkedin, pinterest as well.... So there are still places to advertise on, facebook isn't the only social network out there.

That directly shows how much of a pooled effort is needed to eliminate all the con artists that are draining this community. I am sure that if there will be a global front created, where even this forum will start showing its teeth in the battle against the rotten part of this ecosystem, the scams making use of smart marketing on social media will then be suffering a major blow. I hope that this forum will step up and act as well, because there is no denying that bitcointalk forms an important hotspot. It's great to have a certain extent of freedom here, but there is no need to give scams and schemes plenty of space to operate in.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
facebook isn't the only social network out there.
But they are one of the most popular and the best place to advertise such projects and products. They have the best traffic next to google.


not denying that but what's the demographic on facebook? More people can be found, that are actually interested or can be interested, on some other social networks that have groups of the different interests separated slightly.
hero member
Activity: 3136
Merit: 635
DGbet.fun - Crypto Sportsbook
facebook isn't the only social network out there.
But they are one of the most popular and the best place to advertise such projects and products. They have the best traffic next to google.

Well, I think existing ICO pages are remaining, but without ads, just for conversation and any updates for community
Only those paid ads are not allowed by facebook but when is that effective? Is someone here still seeing those paid ICO ads on their fb profiles?

What effect do you think this will have on ICOs and future  of cryptocurrencies?
Actually its a low effect although its one of the best way to raise awareness to such projects so awareness will be slowed down.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
Pretty much none. Facebook has a lot of people but there's also twitter, instagram, youtube, linkedin, pinterest as well.... So there are still places to advertise on, facebook isn't the only social network out there.
legendary
Activity: 3094
Merit: 1127
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 we do know that famous social media like facebook do have lots of users on it even though it is not crypto related traffic but yet the potential on hooking up potential investors would really be there but i do agree on what you said that there still other places which can actually get crypto-related people that would really tend to join up on these crowdfundings.
newbie
Activity: 28
Merit: 0
Well, I think existing ICO pages are remaining, but without ads, just for conversation and any updates for community
copper member
Activity: 434
Merit: 278
Offering Escrow 0.5 % fee
A newcomers won't show up here because facebook is the source of audience where an average joe learns cryptocurrency.
It will affect but not drastic in 1% of investors, I knew someone who invested in an ICO and that projects shoot up to the moon that advertisements that he see was from facebook.

I guess the big investor is also lurking in the facebook community for some mundane routine.
hero member
Activity: 1274
Merit: 622
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
newbie
Activity: 25
Merit: 1
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?
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