Instagram bans ICO and crypto ads

[goldexp83]

They doing it pretty bad as I still seeing everyday many ico and crypto ads on both platformd! 😂

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[ramahm]

facebook and instagram ads under same platform so should follow same rules , Unfortunately  there was many ICO scam ads last days and still in facebook , adsense , and many ads platform , So I think they are right but problem is news like that affect crypto market badly So we need more control and regulation for ICOs

[TwoSides]

If Facebook owns Instagram then there's no doubt that it will ban crypto related ads since Facebook did that already a week ago. I don't really use IG but I think there's only a few advertisements there so far. I think the most affected on this was those who are doing Instagram bounty campaigns as it lessens their option to earn more stakes.

[thanhthai89]

Instagram belongs to Facebook, and facebook also banned ICO and crypto ads.

[Yuuto]

Instagram bans ICO and crypto ads! Following Facebook, it has forbidden everybody to place on its site any information which referrers to ICO projects. You will not see any news about it there.

Your position? 

And so did Facebook.

Who cares? It's probably good for the users in my opinion because a lot of people perceive crypto as only useful as a speculative asset because of the ads that have been placed on instagram/facebook. And a lot of them were scam ads like Bitconnect, regalcoin, monetizecoin, etc.

Crypto advertising is by no means dead. Bitcointalk advertisements are still thriving.

It shouldn't have any long term effects on crypto whatsoever. Nothing to worry about.

[anti-scam]

I think thats a bad news for cyrpto world but good news for scam issue.Because of that less people see the commercials and less people invest to the scam projects

There are still many ways to pass information about ICO and crypto.
It would be very harmful if twitter and telegram follow this policy, I hope it does not happen. Ignore facebook, mark might be planning something big.

[lamadu3]

Currently, Instagram is not an important place for spreading the ideas of the crypto community. Everyone wants to see pictures only and do not receive text information.

I have seen many ads about Bitcoin, ICO and crypto in Instagram. Thousands of subscribers used to read this information, therefore the ban is also something very negative to affect BTC price. Even a bit.

[Acguy]

This was expected, facebook was the first to make the move and everyone followed, but better now than later.

[Scallywag]

it isn't so bad as people make it look i think , because most of the people they are advertising too don't know much about this technology in general , so they are easy to scam. People interested in it are mostly here or at other communitys..

[BLAST2MARS]

Instagram bans ICO and crypto ads! Following Facebook, it has forbidden everybody to place on its site any information which referrers to ICO projects. You will not see any news about it there.

Your position? 

Well, I did not know this and maybe because Instagram is not as a huge influence just like Facebook and Twitter. I don't feel that it has a massive effect on crypto because it did not even became a hot article or a headline. Facebook is much loss than this.

[adekogbe]

Instagram bans ICO and crypto ads! Following Facebook, it has forbidden everybody to place on its site any information which referrers to ICO projects. You will not see any news about it there.

Your position? 

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.

I refus to believe that government policy has anything to do with Facebook banning crypto ads.
I have also being in CPA marketing for a while now and I believe Facebook have strong policies as regarding the promotion of campaigns that promises monetary returns.

Campaigns get blocked when they seems to promise ridiculous returns for little cash and this is how they cracked down on a lot of ponzi schemes and similarly wen some marketers are promoting tokens they tend to over hype it to lure in costumers.

I would however stand for a reform rather than an outright ban on crypto ads.
Hope this helps

[topcigars]

Well, its bad news for ICos projects, and crypto in general.  but for bounty hunters its good.  Bounties wiil be higher becouse now icos cant promote thru ads, so the only way will be thru original content posts from real users.    
I have 15 k followers on intagram.  thats good news for me,

[newbie-hero]

Instagram bans ICO and crypto ads! Following Facebook, it has forbidden everybody to place on its site any information which referrers to ICO projects. You will not see any news about it there.

Your position? 

I think that soon many sites will follow their example not to advertise fraudulent projects. But when the ICO begin to regulate, the advertising of projects can be resumed.