LinkedIn’s Co-Founder On Crypto Ad Bans And His New ‘Meta Social Network

Crypto Ad Bans

In a recent interview LinkedIn co-founder Eric Ly shared his thoughts on the recent crypto ad bans by social media platforms and his new “meta social network,” Hub.

Ly believes that the crypto ad bans are a “temporary trend.” He states that social media platforms are taking a “very conservative approach” by banning crypto advertising, but that this is due to the lack of clear regulations surrounding cryptocurrencies. Once the regulations become more specific and certain, Ly believes that the bans will be reversed.

Why are social media platforms banning crypto ads?

There are a few reasons why social media platforms are banning crypto ads. First, there is a concern that crypto ads can be misleading and deceptive. There have been many cases of crypto scams and Ponzi schemes, and social media platforms do not want to be associated with these scams.

Second, there is a concern that crypto ads can target vulnerable investors. Cryptocurrencies are a volatile asset class, and there is a risk of losing money when investing in them. Social media platforms do not want to be seen as targeting vulnerable investors with risky investments.

Finally, there is a concern that crypto ads can be used to manipulate markets. Cryptocurrencies are a new and unregulated asset class, and there is a risk of market manipulation. Social media platforms do not want to be seen as facilitating market manipulation.

What is Hub?

Hub is a new “meta social network” that Ly is developing. It is a reputation system that can be used across many different social networks and marketplaces. Ly believes that Hub will help to solve the problem of trust in the crypto space.

Hub will work by using a variety of factors to assess the reputation of a user or organization. These factors will include the user’s social media activity, their trading history, and their interactions with other users.

Once a user’s reputation has been assessed, they will be given a score. This score will be used to determine whether or not the user is allowed to advertise on Hub. It will also be used to determine whether or not the user is allowed to participate in certain activities on Hub, such as trading cryptocurrencies.

Eric Ly interview believes that Hub will help to make the crypto space more safe and trustworthy. By using Hub, users will be able to avoid scams and Ponzi schemes. They will also be able to trade with confidence knowing that they are dealing with reputable users.

A solution to the problem of trust in the crypto space

The crypto space is still in its early stages of development, and there is a lot of mistrust. This mistrust is due to the many scams and Ponzi schemes that have taken place in the space.

Hub is a solution to the problem of trust in the crypto space. By using Hub, users will be able to avoid scams and Ponzi schemes. They will also be able to trade with confidence knowing that they are dealing with reputable users.

Here are some of the benefits of using Hub:

  • Trust and safety: Hub uses a variety of factors to assess the reputation of a user or organization. This helps to ensure that users are interacting with trustworthy users and organizations.
  • Transparency: Hub is transparent about how it assesses reputation. This helps users to understand how their reputation is being calculated and what they can do to improve it.
  • Choice: Hub is a platform that can be used across many different social networks and marketplaces. This gives users the choice to use the social networks and marketplaces that they prefer.

LinkedIn co-founder Eric Ly interview believes that the recent crypto ad bans by social media platforms are a temporary trend. He is also developing a new “meta social network,” Hub, which he believes will help to solve the problem of trust in the crypto space.

Hub is a reputation system that can be used across many different social networks and marketplaces. It uses a variety of factors to assess the reputation of a user or organization, including the user’s social media activity, their trading history, and their interactions with other users.