Popular on Rezul
- No Limits Method Revolutionizes Neurodivergent Education Through Embodied Cognition - 105
- Corner Property Management Welcomes Seneca Reserve HOA!
- Kaplan Morrell Applauds Passage of Landmark Workers' Compensation Reform in Colorado
- First AI Marketing Platform Built Specifically for Small Businesses Launches Public Beta
- TEDxInglewood Returns to The Miracle Theater on August 9, 2025 — Celebrating Bold Ideas and Community Energy
- Rediscovered Christopher Lee Recording 'Elenore' Re-Released to Mark 10th Anniversary of His Passing
- Honoring Black History, Culture, and Community in Fall River
- Conexwest Expands Single-Phase Cold Storage Lineup: Versatile Solutions for Diverse Temperature Needs
- Token-Operated Sake Service Opens at Tobu Nikko Station
- Manhattan Boutique Real Estate Collaborates with InterContinental Hotels NYC in a Branding Partners Personalized Approach
Similar on Rezul
- Top Dentist Concord CA, Smile Makers Dental Care, Celebrates 500 5-Star Reviews
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
Google's Crypto Ad Ban Triggers Game-Changing ICO
Rezul News/10364747
ACTON, England - March 22, 2018 - Rezul -- Google's recent move to ban ICO ads, in line with a similar Facebook ban in January, might be the most significant galvanising factor yet for the crypto movement.
This is according to London-based crypto start-up, ChitChain, who launched their pre-whitelist ICO today in response to the ban – unsurprisingly, with no Google or Facebook ad support.
The company's game-changing Web 3.0 tech is designed to directly challenge the restrictive practices of large Web 2.0 communications firms, including Google, Facebook, etc.
The ChitChain community sees these practices as attempted power grabs and downright bullying masquerading as regulation for the public good.
More on Rezul News
ChitChain Co-founder, Rich James, thinks this move by Google and Facebook is actually good news for the future of crypto and the web. James says:
"By specifically targeting and banning crypto/ICO ads, while not tackling with equal vigour fake news, exploitative and inappropriate content, etc, these firms have – unfortunately for them – shown the world their true colours. In the wake of this ban, our community persuaded us to go to ICO sooner rather than later to reverse this onward march to hyper centralisation and wholesale censorship. Oops."
James, along with many crypto enthusiasts, points out that it's more than a little convenient these firms have suddenly developed an ethical streak as regards ICO ads. It took an investigation by Senate and House intelligence committees to force Facebook to do something about charges of Facebook ads being used for US election tampering. Yet it is suddenly crypto tokens and ICOs – the ad revenue for which is worth $25 million a year to Google – that are keeping their CEOs awake at night.
More on Rezul News
James says no one is buying their self-serving moralising – or that of the legislators Google is trying to stay ahead of – any longer.
After all, these firms stand to lose a lot more than ad revenue, once regulators start breathing down their necks.
ChitChain supporters are voting in overwhelming agreement with their digital wallets. They believe the company's tech will remove the need for all forms of centralised regulation due to the platform supporting trustless, peer-regulated communications and fundraising on Blockchain.
James says:
"Bottom line: any form of centralised regulation is manipulation. Period. This ban – and the mostly blithe acceptance of it, even amongst the ICO community – was the final straw for us and our supporters. People need to be served, not exploited, by these big communications companies."
ChitChain plans to deploy their platform 6-8 months post-ICO.
10% of the company's ICO crypto tokens, Chitcoin (CHC), have been set aside (at pre-sale bonuses) for early investors with an eye on projected post-ICO returns of 120% in the first two quarters.
This is according to London-based crypto start-up, ChitChain, who launched their pre-whitelist ICO today in response to the ban – unsurprisingly, with no Google or Facebook ad support.
The company's game-changing Web 3.0 tech is designed to directly challenge the restrictive practices of large Web 2.0 communications firms, including Google, Facebook, etc.
The ChitChain community sees these practices as attempted power grabs and downright bullying masquerading as regulation for the public good.
More on Rezul News
- Paulding County's Old Mill Preserve Now Open to the Public in Georgia
- Kramer Real Estate: The Boutique Brokerage Quietly Taking Over North Texas
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Salazar Heating, Cooling & Plumbing Launches Water Conservation Initiative to Help Santa Fe Homeowners Cut Water Waste
ChitChain Co-founder, Rich James, thinks this move by Google and Facebook is actually good news for the future of crypto and the web. James says:
"By specifically targeting and banning crypto/ICO ads, while not tackling with equal vigour fake news, exploitative and inappropriate content, etc, these firms have – unfortunately for them – shown the world their true colours. In the wake of this ban, our community persuaded us to go to ICO sooner rather than later to reverse this onward march to hyper centralisation and wholesale censorship. Oops."
James, along with many crypto enthusiasts, points out that it's more than a little convenient these firms have suddenly developed an ethical streak as regards ICO ads. It took an investigation by Senate and House intelligence committees to force Facebook to do something about charges of Facebook ads being used for US election tampering. Yet it is suddenly crypto tokens and ICOs – the ad revenue for which is worth $25 million a year to Google – that are keeping their CEOs awake at night.
More on Rezul News
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Winners Development Corporation Pioneers Skyscraper In South Dallas
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
James says no one is buying their self-serving moralising – or that of the legislators Google is trying to stay ahead of – any longer.
After all, these firms stand to lose a lot more than ad revenue, once regulators start breathing down their necks.
ChitChain supporters are voting in overwhelming agreement with their digital wallets. They believe the company's tech will remove the need for all forms of centralised regulation due to the platform supporting trustless, peer-regulated communications and fundraising on Blockchain.
James says:
"Bottom line: any form of centralised regulation is manipulation. Period. This ban – and the mostly blithe acceptance of it, even amongst the ICO community – was the final straw for us and our supporters. People need to be served, not exploited, by these big communications companies."
ChitChain plans to deploy their platform 6-8 months post-ICO.
10% of the company's ICO crypto tokens, Chitcoin (CHC), have been set aside (at pre-sale bonuses) for early investors with an eye on projected post-ICO returns of 120% in the first two quarters.
Source: ChitChain
Filed Under: Investment
0 Comments
Latest on Rezul News
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Baby Boomer Housing Trend: Big Homes Out, Simplicity In
- Robert Michael & Co. Real Estate Team Lists Pool Home in Hunters Creek, One of America's Top Places to Live
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- Robert Michael & Co. Lists Spacious 6BR Home in Winter Haven, FL
- U. S. Mortgage Rates Drop. Lowest Since May
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Powell No Rate Changes For Now
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- Final Opportunities for New Estate Homes, up to 2 Acre Homesites at Chattahoochee Reserve in Cumming
- Endoacustica Europe Unveils iPhone 13 Pro Max Spy Phone—Pure Hardware, Zero Software Changes
- Be in a New O'Dwyer Home Before Back to School & Enjoy up to $15,000 Towards Your New Home
- David Weekley Homes to Lift the Curtain on Amenity Package in Georgia's Maple Grove at Towne Lake
- Suzanne Harp named Managing Director in Texas, USA
- $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made