Facebook and Instagram bans Cryptocurrencies ads. I think they are nothing to cryptocurrencies. Facebook users are not great market. It is only few percent of ICO market. I think cryptocurrencies will not die because of them.
facebook and instagram is not a good enough market to do promotions is only very unfortunate if we must ignore it because it could be a project to get a big investor for promoting their project concept through facebook media or through instagram so until now the gift sosmed still exist