Facebook is reversing its ban on Cryptocurrency ads

in #cryptocurrency7 years ago (edited)

Advertisers will need to apply, but ICO ads are still banned.

Facebook is reversing its ban on cryptocurrency advertisements and will now allow some preapproved advertisers to promote crypto businesses and services, like exchanges.

Facebook banned all crypto ads on service back in january, around the height of the bitcoin price surge, to prevent people from promoting "financial products and services frequently associated withs misleading or deceptive promotional practices."

Now, advertisers that are approved by Facebook through an application process can promote crypto products, though ads promoting binary options and ICOs, initial coin offerings, are still banned. Interested advertisers may have to show Facebook "licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business" in order to receive permission to run crypto ads.

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Good news! Thanks for sharing.

Talking about ICOs, after doing your own research, also finding good ICO projects can be profitable.

I want to share with you guys a new exciting project I have just discovered: RAWG.

Look at this article where the team explains:

“Why the games market needs RAWG”

https://medium.com/rawg/wp-bits-1-why-the-games-market-needs-rawg-ccf039c0bae7

The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database).

Have a look and get some information while doing your own research!