What's effect Facebook banned will have on ICOs today - page 2.

sana54210

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Quote from: Don_Leonardo on May 19, 2018, 08:54:27 AM

Quote from: Uko21 on February 01, 2018, 02:49:58 AM

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?

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.

arinalwa

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Quote from: jayyen on May 17, 2018, 04:22:18 PM

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.

Jednopivo

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Well, I think Facebook are trying to weed out the scam ICO's.

The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,”

However, aren't Facebook also launching a coin of their own? Perhaps they don't want people to focus on other coins, just their own?

jojowar

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Potential investors who always use facebook as their means for social media or communications will not inform about project development created for ICOs.

daxiake

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Quote from: Uko21 on February 01, 2018, 02:49:58 AM

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?

The ban had a negative effect on BTC pricing, as we saw google and twitter also join the ban club later. But we saw the price of BTC going up again, a clear indication that BTC can stand on its own despite the ban from technology giants.

Onestepinhell

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Good Morning

Yes, I noticed that I do not get blocked in Facebook, and I continue to do the companies and everything is fine, for me there is nothing that has not changed, but just started to weed out strange companies, it's probably even good.

posi

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Vave.com - Crypto Casino

Quote from: Don_Leonardo on May 19, 2018, 08:54:27 AM

Quote from: Uko21 on February 01, 2018, 02:49:58 AM

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?

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.

Facebook and google don't really ban crypto related ad but they ban posting an unknown or unverified crypto relate site in other to protect their users due to a lot of crypto scam which happening simultaneously this days.

Danstan

newbie

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There will be huge marketing problem when Facebook launch it own coin then blocked all ICO advertisement on their media, just imagine that a lot of information are flowing their then suddenly they will blocked it, marketing of ICO project will need to think for strategy to cover the loss.

Don_Leonardo

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Quote from: Uko21 on February 01, 2018, 02:49:58 AM

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?

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.

jayyen

jr. member

Activity: 112

Merit: 1

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.

Noam2key

newbie

Activity: 6

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I think that companies like facebook and google are afraid of what blockchain platforms can do....
I believe that the world is ready for decentralized networks!!! and thats what the blockchain and crypto systems allow.

We should find alternatives, Im sure that we will find other ways to advertise.http://

We should all work hard for a world where power is not concentrated in the hands of few!

sammyp

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Well ICOs are going to continue to be in the system and function as they used to before the ban. The only thing to affect ICOs is the reduction in number of people in their social media. This may result in loss of potential investment as well as the hype which Facebook offers.

BitAds

newbie

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I sell advertising for BitTorrent and am very close to people at Google, Facebook and Twitter who have told me that from a promotion standpoint (at least in the US) their lawyers see way too much potential liability at this point taking in advertising. A factor is that promoting a product or service from a distributed network may be hard to track down should there be an issue.

However as people have stated here all of the aforementioned companies will be incorporating crypto-currencies into their offering.

SHAMELESS PLUG

: BitTorrent does accept advertising from crypto products and services. Our audience skews 74% male, and they are very much of the cord cutting, technophile mindset and already trust distributed computing. Contact me at [email protected] if interested for rates

Arkham Knight

full member

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The Facebook ban just push investors to research more about the ICOs rather than getting lured by the visuals in their advertisements. Facebook actually helped us to make investors use their money wisely now.

Vinalians

sr. member

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There will be more effect in the cryptocurrency in that happening because facebook is the social media that actually using by some people to promote their businesses in bitcoin and also some projects uses social media to attract people without it people will get less see about bitcoin.

pureheart

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Quote from: Uko21 on February 01, 2018, 02:49:58 AM

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?

For me it has good and bad effect.
Good because people will not be lead to wrong information about scam ICO. And bad because we all know that facebook is one of mean of communication. Facebook if one of the great place to advertise a product and let the people introduce something. If facebook will banned crypto it will lessen the opportunity to introduce crypto to people.

bohr

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Quote from: Shafiqul Islam on April 21, 2018, 09:36:23 AM

Quote from: ccczarek123 on February 05, 2018, 05:41:47 AM

Well, I think existing ICO pages are remaining, but without ads, just for conversation and any updates for community

No way, Facebook is important media and community in ICO. The news of ico is spread out through Facebook community, groups, and pages. If Facebook is banned ico News can't spread the world.

Facebook is not the only social media website out there, however we cannot deny that is the biggest one and that is going to have a great effect especially in the icos that are smaller, a big project is going to be almost unaffected by it because it is always going to be whales willing to invest in it, but a small project that depends on smaller investors is going to have huge problems to get enough funding.

sajeebur rahaman

member

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I love Beauty

There is no problem with marketing on facebook, There are many online sites that can not be turned off, Such as telegram, We all know little more about investing in ico, Those people do, The World Bank can not be successful by trying so much , Finally, give up, This is not a matter

surbanaB

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Buy, sell and store real cryptocurrencies

Quote from: Shafiqul Islam on April 21, 2018, 09:36:23 AM

Quote from: ccczarek123 on February 05, 2018, 05:41:47 AM

Well, I think existing ICO pages are remaining, but without ads, just for conversation and any updates for community

No way, Facebook is important media and community in ICO. The news of ico is spread out through Facebook community, groups, and pages. If Facebook is banned ico News can't spread the world.

Although Facebook is the number 1 social media now. But you were false when thinking that Facebook is an important media to promote ICOs. Most of good ICOs didn't run Facebook Ads to promote their project because it's usually not effective. Even they don't need to run ads of any media but they can still attractive a lot of people invest in their project if it's good.
Now, Facebook ads is the garbage ads that is including many scam sites, is trying to scam money of investors so i think Facebook ads ban ICOs is a good news for the crypto currency.

campbell.box

newbie

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Facebook is a centralised social network, and if you promote your digital encrypted currency later, you don't want other digital cryptocurrencies to advertise on your own, including BTC!

Pave the way for your digital cryptocurrency.

Topic: What's effect Facebook banned will have on ICOs today - page 2. (Read 1114 times)