Twitter to Confirm ICO Ads Ban

Twitter will follow Google and Facebook's lead in banning cryptocurrency related ads
27 March 2018   663

Following Facebook and Google, Twitter will ban advertising of crypto and ICO, reports CNBC.

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, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally.
 

Twitter spokesperson

He also added that "this kind of content" is often associated with fraud and deception, which was the reason for the decision.

Rumors about a possible ban on advertising of cryptocurrency in Twitter appeared on March 18. At the same time, the head of the company Jack Dorsey said that in 10 years bitcoin will bypass the importance of the US dollar and become the most actual currency in the world, which will be used by billions of users around the world.

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SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.