Whatever it is really does not matter as the market is still standing strong and there are so many other measures that can be used anyway and not like they are completely limited to social media adverts. The way some people are saying it though, it is not like some ICO adverts are not still running and all you have to do is to be able to show you are for real and not just some fake project looking out to scam the users.

This was done to clean up the space anyway, so I do not see it as something bad or an attack on the crypto world except for some who just love reading negative meanings to everything.