Why ICOs Should be Thanking Twitter, Facebook, Google for Banning Crypto Related Ads

Twitter, Facebook, and Google – three of the technology giants that permeate our daily lives – have now banned or restricted cryptocurrency related advertising. Could this now offer an opportunity for credible coins, ICOs, and blockchain companies to push ahead of their less legitimate competition?
An ICO Advertising Free-for-All
Before the recent bans, anyone could advertise an ICO. Social media and search-based advertising are both easy and quick to set up. Until now there has been little information or verification required for an advertiser to create a campaign and publish ads. How visible those ads become is based simply on how well they are targeted and the budget behind them.
As a result, any ICO could create an advertising campaign that reached thousands, leaving many unsuspecting users of those platforms at risk of making investments in fraudulent or extremely high-risk campaigns. Twitter, Facebook, and Google have all pitched their bans as a means of protecting users.
Speaking about the ban, which went into effect on Tuesday, a Twitter spokesperson stated:
We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, …

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