Instagram bans ICO and crypto ads

[Rus3001]

I hope Twitter doesn't follow suit.  Not all ICO's are bad and i believe banning ICO ads doesn't affect ICOs promotions.

[Kakabawa19471947]

I thought Facebook already baned it, but im still getting crypto adds on facebook, i think they need better AI systems having said that most ICOs are raising funds VC style or through Wales in presales and they not even coming to public sale

[Svelto]

It is nothing new. Since Facebook ban crypto advertisements, Instagram which share the same advertising platform will follow suit. I don’t see it as a bad news. There are too many “money making” kind of advertisements which is not good for crypto image.

[KuromaYoichi]

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? 

Yeah, just heard this news from my friend, only twitter left right now and i hope they won't ban it aswell. Not all ico is bad, some of them is really good but i agree that a lot of ico right now is a pure cash grab with misleading information sometimes so it's not weird if a normal people get scammed and have to report it. It's their decision and i respect that, they can't take risk of getting investigated by police because they are spreading scam ads on their platform.

[LeroyBro]

I hope Twitter doesn't follow suit.  Not all ICO's are bad and i believe banning ICO ads doesn't affect ICOs promotions.

Still, better safe than sorry. Most ICOs happen to be scammy so I understand why they're doing it.

[99th]

As someone already mentioned, Instagram is property of Facebook so this should not surprise anyone. Pretty sad that Zuckerberg pulled the move the way he did. Although many ICOs advertising on Facebook were scams, this ruins legitimate companies chance to advertise on there.

[coinmgnet]

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? 

Facebook did that too. They lost some good amount of revenue though. We must admit, ICOs are risky, there are a lot of stupid ads on Facebook with plenty scam ICOs. That's for the best, but still.

[coinmgnet]

As someone already mentioned, Instagram is property of Facebook so this should not surprise anyone. Pretty sad that Zuckerberg pulled the move the way he did. Although many ICOs advertising on Facebook were scams, this ruins legitimate companies chance to advertise on there.

Indeed, it ruins the legit ICOs chance to advertise there, but, look at the bright side, they will consider more and more advertising on BitcoinTalk, via Bounty Campaigns and banner ads on the forum.

[AIRDROPSQUAD]

That is make sense. Because Facebook and Instagram are the same owner. So what we have left now for advertising? Only this forum, twitter, and Google Ads. But i believe, we don't need booth. The power of a project does not always depend on advertising media, but from the community itself.

[cepot9]

maybe too many ico ads are spam and a lot of scam ico, instagram prevents and willingly does not benefit from advertising for the sake of society do not be fooled by ico built by irresponsible people

[Angelia46]

Sets and Facebook have a connection, so when the ICO advertising was banned on Facebook, we see them also banned ICO advertising that is not surprising, as more and more fraud ICO project, I think this need certain rules to limit.

[khufuking]

While there is information about Facebook banned ICO ads I am still getting ads same as always from all kind of ICOs ! To be honest I really do not know what that means . Maybe they have to fulfill there paid Ads before stop accepting new ICO ads . 

About instagram following same policy  if that is true I really do not see any new news since it is totally normal for instagram to follow Facebook policy ! .

[madushanperis11]

This is an expected response from word recognized social media sites and they also need to maintain their standard and brand name among the top in competitive market of their own. These type of bans are imposed due to some scams and spams. The better side of this is, the new project team will think about this and they will make a good, quality projects so that any medium does not want to stop them.

[anjohyx]

is this information correct?, or just an issue?
if true show me where the information came from?

me too , I also don't see any news about instagram bans ICO/Crypto Ads , but it's normal and prevent scam ico advertising everywhere, maybe facebook unbanned ico/crypto ads for 'Verify ICO Project' in the future

[overnight54]

Hi
insta belongs to facebook. Since facebook banned advertising crypto, it is clear that instagram suffered the same fate. Mark Zuckerberg refused a huge piece of cake. Maybe he wants more, he wants the whole pie? As Durov with telegram, probably Mark also wants to launch his ICO, raise 20-30 billion and live forever))

[vanduonghd]

It's similar to what governments are doing. They don't want to ban crypto, they want it regulated. Regulation takes time, so the initial position is to ban everything until such time as there is sufficient oversight, then cryptos will be allowed again. They even say this 'policy is intentionally broad'. Give it time, the scams will be blocked and legitimate projects will be permitted.

[bithuner]

I am shocked they did this because it is quick easy money for them. But I am happy the fact that I will see less spammy adverts from ICOs that I am not interested in.

But they are only banning paid adverts, the groups and bounties will stay there so I don't think it will have a huge impact on ICOs.

[MaiQwaN]

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.

[photo123]

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? 

of course they did you know why because i believe they are making a currency of their own and trying to get in the door like other multi national companies i believe this is a marketing strategy

[pedrog]

Youtube needs to do the same:

Over the last 12 months, Altucher spent an estimated $2.7million on promoting almost 2,000 ads:

https://twitter.com/JaneLytv/status/954414362885853185


Bitcoin, litecoin, ethereum are protocols, they don't do advertising.

Scammers do.