Facebook to Allow Limited Crypto Ads

In order to obtain permission to publish crypto-related ads, advertisers must provide Facebook with certain info
27 June 2018   529

June 26, the world's largest social network Facebook announced the revision of the total ban on cryptocurrency advertising. So, previously approved advertisers will be able to post content about cryptocurrencies and related topics, except ICO.

In the last few months, we’ve looked at the best way to refine this policy — to allow some ads while also working to ensure that they’re safe. So starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.
 

Rob Leathern

Product Management Director, Facebook

In order to obtain permission to publish advertising about products and services in the field of cryptocurrency, advertisers must provide Facebook with data on licenses, listing on exchanges and any important public information about their business.

Facebook will make decisions based on the data received from advertisers, however, as already warned, not everyone will be allowed.

The company promised to listen to the community's opinion, learn technology and review the rules if necessary.

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Top-3 Ongoing ICO 12th - 18th Aug Acc. to Our Readers

Let’s check which ICOs from 12th to 18th August are considered the best among our readers
20 August 2018   125

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. UMKA 

UMKA is an efficient project implementation and a team-building tool based on the blockchain technology. UMKA means financial safety for all users: all platform transactions use agile smart contracts based on blockchain technology. Secure deals are done using the customizable Agile Smart Contract methodology based on the EOS blockchain. AgileSC offers an opportunity for stage-by-stage project payments and agreed-upon amendments while guaranteeing efficiency and convenience for all parties involved. Freelancers can work on their own or in project groups, and can be paid in 15 cryptocurrencies as well as fiat currencies. UMKA takes a 1% commission from all smart contract transactions within the platform. Funds, gathered this way will be distributed among UMK token holders automatically.

UMKA ICO
UMKA ICO

Looks like UMKA's tea reached their goal - $1m! Great!

2. SocialGood 

This is the world’s first socially contributing token ecosystem, with the SocialGood cryptocurrency. Tokens sold in this ICO are positioned with membership privileges that enable participation in the ecosystem. We filed the Form D with SEC on Aril 18, 2018 to cover US accredited investors

SocialGood ICO
SocialGood ICO

There's no info on the funds raised by SocialGood.

3. Ubex 

Ubex is a global decentralized advertising exchange, operating fully on the basis of neural networks with the use of blockchain and smart contracts. Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the most fair and interesting model for advertisers. At the heart of Ubex’s advertising purchasing algorithms, lie neural networks that process information about each visitor to the member networks’ websites. The neural networks evaluate the interests of users, calculate the likelihood of targeted actions for all advertiser offers, and choose the most suitable advertisement. Thanks to this, member network website visitors see only those ads that are maximally confined to their interests, and which would convince them to fulfill the target action with maximum probability. Thus, Ubex maximizes the targeting of advertising and the economic efficiency for advertisers. Ubex aims to solve the problem of low confidence in the purchase of digital advertising. Smart contracts allow for making the relationship of advertisers and publishers (owners of ad slots on sites) as transparent and fair as possible, as well as minimizing the risks for all parties. By applying such an approach, Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the most fair and interesting model for advertisers.


Ubex ICO

Ubex team had raised 24,728k ETH, that's almost a hardcap!

We will keep our eyes on these projects. Stay tuned!