Yes advisors are important, but this does not mean that the project will be successful having only good and well-known advisors! A lot of criteria for the selection of successful ICO
Yes! All the advisors from any ICO are paid to advise so don't take any of their advises as deciding factor or as financial advise. But well known advisors in an ICO is actually a good sign because they don't want to damage their reputation NY advising a scammy ICO. So they choose only legit projects with good business model. 
Topic: Advisors importance - page 2. (Read 332 times)
Advisors are very important for the ICO since they have the crowd trust. however sometimes you cant ignore the fact that they are getting paid. regardless to token they are receiving. sometimes i'll bet the numbers are high enough to agree to be on the advisory board even if you don't really believe in the project this is of course just a thought i have when i think of this issue the question is basically if FIAT money corrupting the ICO projects background.
I definitely agree with the previous post. Have a some well known advisors does help as it gives a comfort level to investors. People are always willing to invest more with someone they know and trust.
I will agree with that!Advisors presence is very important because It can gives more knowledge to implement a good ICO Project and on how It can really evaluate so that the ICO will be launching successfully.Advisors Is the best weapon for every ICO Project because the level of their experience and intelectual skills is unique to facillitate the best ICO. Yes advisors are important, but this does not mean that the project will be successful having only good and well-known advisors! A lot of criteria for the selection of successful ICO
Agree. But it is also important
Yes advisors are important, but this does not mean that the project will be successful having only good and well-known advisors! A lot of criteria for the selection of successful ICO
One of the most important thing for a successful ICO if the powerful board of advisors. That is why:
Firstly, a big name on a project website can make the status of a company launching ICO. Secondly, a big name can create an environment of trust around an ICO. Since an advisor with a good reputation can not join a scam project, the board of advisors shows sincere intentions of a company launching ICO. What is more, an advisor is not just a photo on a website. It is the person who helps a team: they meet founders with potential investors, they give pieces of advice about the white paper and business plan and how to make all things right. Furthermore, an advisor is an inspiration and motivation for a team: you do everything not to disappoint the person you respect so much.
A good example of a professional advisor is Mohammed Ibrahim Jega. He is a serial entrepreneur and tech savvy marketer with vast experience in Business Development, Project Management, Content Marketing, and Application Development. He is the pioneer in cryptocurrency in Africa. Today he joined the board of advisors of KickCity event platform.
More about Mohammed you can read in this article https://etherworld.co/2018/01/12/top-tech-entrepreneur-in-africa-joins-kickcitys-board/
Advisors are important but they will need to be well informed and have full knowledge about cryptocurrency. Crypto Advisors is the company/ people that will lead and help you through what crypto currency is and how you can fully utilize to improve your crypto currency moments and skill. Advisors do not offer any affiliate marketing opportunities. Although, they would encourage you to spread the word about their good and better services. Firstly, a big name on a project website can make the status of a company launching ICO. Secondly, a big name can create an environment of trust around an ICO. Since an advisor with a good reputation can not join a scam project, the board of advisors shows sincere intentions of a company launching ICO. What is more, an advisor is not just a photo on a website. It is the person who helps a team: they meet founders with potential investors, they give pieces of advice about the white paper and business plan and how to make all things right. Furthermore, an advisor is an inspiration and motivation for a team: you do everything not to disappoint the person you respect so much.
A good example of a professional advisor is Mohammed Ibrahim Jega. He is a serial entrepreneur and tech savvy marketer with vast experience in Business Development, Project Management, Content Marketing, and Application Development. He is the pioneer in cryptocurrency in Africa. Today he joined the board of advisors of KickCity event platform.
More about Mohammed you can read in this article https://etherworld.co/2018/01/12/top-tech-entrepreneur-in-africa-joins-kickcitys-board/
I very often pay attention to advisors, because I believe that a lot depends on them. Because they vouch for the project and if the project turns out to be fraudulent, then in that case they will simply lose their face.
yeah, it's not good for them. they can loose reputatin
It's a known marketing strategy to hire public figures to sponsor products in order to attract more clients and customers. This brings a sense of security and belonging for the customers, and has worked as a marketing strategy for most. I guess the same would apply to advisors and ICOs in the sense that investors would feel more secure to see an expert as a part of the team of an ICO. This would give the ICO more edge and would indicate that it's a good project to invest in.
True. The only difference is when some "hires" Paris Hilton or a professional and respectable in crypto industry person
It's a known marketing strategy to hire public figures to sponsor products in order to attract more clients and customers. This brings a sense of security and belonging for the customers, and has worked as a marketing strategy for most. I guess the same would apply to advisors and ICOs in the sense that investors would feel more secure to see an expert as a part of the team of an ICO. This would give the ICO more edge and would indicate that it's a good project to invest in.
I very often pay attention to advisors, because I believe that a lot depends on them. Because they vouch for the project and if the project turns out to be fraudulent, then in that case they will simply lose their face.
Yeah. That is absolutely true
I very often pay attention to advisors, because I believe that a lot depends on them. Because they vouch for the project and if the project turns out to be fraudulent, then in that case they will simply lose their face.
Just recently I thought about it. I saw the project at first sight is not bad, but the team is almost all without work experience. Some school children, you know. They had advisers about whom I had never heard, and Google did not show much. No matter how interesting the idea was, I will not invest my money in people without experience.
True. There has to be background
thank you for the tread. I'm quite new here and I could not understand why there are advisors for the projects
Just recently I thought about it. I saw the project at first sight is not bad, but the team is almost all without work experience. Some school children, you know. They had advisers about whom I had never heard, and Google did not show much. No matter how interesting the idea was, I will not invest my money in people without experience.
True. There has to be background
Just recently I thought about it. I saw the project at first sight is not bad, but the team is almost all without work experience. Some school children, you know. They had advisers about whom I had never heard, and Google did not show much. No matter how interesting the idea was, I will not invest my money in people without experience.
Advisors and partners could be even more important then over all hype level. I remember Odyssey ICO when affiliation with Thron creator made to sell it all fast without long prepare and huge marketing. There was even jokes like this https://bitcointalksearch.org/topic/m.29094510 (someone sent his dog's picture for KYC) and passed it 
consultants are a great assets to trust in the project, i think ins project consultants made the project very valuable
The first thing I do when I evaluate a new blockchain platform is to see the team and especially if there are value advisors. For me it is essential that there is not only a good team, but also a good advisors, for the success of the project
I agree with you I joined SETHER because of McAffea is advisors of them. If advisors have good carier they push up their ICOs.
I truly believe that they are pretty significant. It increases the chance of a successful project of course. Plus, if they are well known then there is free publicity there.
Assessing ICO i always look at the team as a whole . The more well known and credible the team the bigger chances for ICO to be a success.
In general good advisors don't take a part in doubtful projects, they don't want to spoil their reputation in the case of the scam.
In general good advisors don't take a part in doubtful projects, they don't want to spoil their reputation in the case of the scam.
Yeah. I just don't understand why some projects ignore this factor
Jump to: