Instagram bans ICO and crypto ads!

in crypto •  7 years ago 

Following Facebook, it has forbidden everybody to place on its site any information which referrers to ICO projects.


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This is really happening now. Governments are really doing all they can to prevent Bitcoin and other ALTS and ICOs from accessing and making a popularity about them. This would really cause some problems in terms of bounty campaigns. This followed the facebook outright banning the ICOs and other Crypto news. I hope they will see how beneficial the ICOs are and only those scam ICOs should be banned. Or, ICO industries should make a policy and coordinate to instagram and facebook, which are only one owner.

image source
https://pixabay.com/en/ban-prohibited-shield-icon-1681759/


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But there is a big risk associated with all of this ICO's and Facebook ( owner of instagram ) does not want to be involved in this...

Hi markcze , Any thing has positive and negative sides , ICOs can help many projects to get started and reach their targets so we can see big projects - As Bankera - but bad side Is Scam and I think It is only need more regulation and Every one should do his search For ICO before Join it

That's true...but if bitcoin crash and many other cryptos everybody will start blaming Facebook why they allowed so many ICOs adverts etc. so for Facebook is better to stay away...