Do advisors really matter? - page 3.

nilavoro

newbie

Activity: 30

Merit: 0

Quote from: jack107 on April 27, 2018, 12:31:42 PM

What do you guys think about advisors and their roles in projects? Recently saw algebraix announce their advisors and they're not the typical blockchain advisors most projects have, but seem very strategic in both the blockchain world and traditional business world.

https://www.coinbureau.com/press-release/algebraix-welcomes-leaders-advisory-board/

How do you think projects should go about bringing on advisors?

I will not trust the advise of some random expert regarding my investments. May be some advice from friend can benefit but he should have some experience for this.

JanuaryStars

newbie

Activity: 65

Merit: 0

Yes I believe advisers provide a vital role in any ongoing projects and even those that have concluded.
But this is only the case if and if the adviser/s shows diligence and provide advise that aligns with project objectives and the community that revolves around it. Advise form them should not be biased and self-serving.

arsenti

jr. member

Activity: 90

Merit: 5

If the advisers are giving suggestions based on their own investment and experience, you can go for it. But do not expect such advice for free.

PROTO_Token

jr. member

Activity: 67

Merit: 1

The Next Evolution In Transaction Technology

Depends on the value they bring to the project. Good value is experience, consulting, resources, contacts, and actual work on the project.

Clearly, there is a lot of scamming going on (now called "The McAfee Dis-Info Virus") or pay-to-publicize schemes.

Do your diligence and make sure the project, all team members (including the advisors) can effectively realize the goals of their project.

Not all people need to be technical, especially if the utility claiming to be provided in the future requires experts in that particular industry who have: contacts, life experience, and expert understanding of the industry.

Think about it. How can you automate some type of service without understanding the "FLOW" of the industry? (HINT: you can't) You need experts for quality or you will build a poor product that doesn't address proper industry needs or workflows.

Viscera

sr. member

Activity: 660

Merit: 250

I really matters most, Advisors should have broad minded,witty and strong personality, One reason they are almost on the website. Coz they will help promote and advertise the project, and influence more people to join. it's like a marketing strategy on how to solve the problem and make a reliable sources.

EmmanCryp

member

Activity: 471

Merit: 10

QUUBE — First&Only Quantum Resistant Ecosystem

Advisors are not core or technical part of cryptocurrency projects but they can still play an important and integral part to the development and progress of the project by offering advises and recommendations to the dev teams based on their experiences and wealth of knowledge on a particular issue or specialization.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

I think it depends on who the advisor is. If the advisor has a lot of experience with successful projects and he has a comparative background and history, it does really matters. Not all of them are effective and helpful but we can't generalize them as there are some that's really helpful trying to make the ICO successful.
If the advisor isn't so popular and doesn't have an experience or portfolio to share, it's up to you to decide.

GoldenLad

member

Activity: 266

Merit: 12

I have seen most people claim that the advisors in a project don't really matters but the truth still remains that they are really important in a project. Though, its not compulsory to have them in an ICO project, just that, most investors' feels at peace that the project will be successful when they see a couple or more than two advisors. So, in their own way, they are important.

kickdapa

full member

Activity: 627

Merit: 103

Experience talks! That why a good project needs a well-experienced advisor for sure. But nowadays advisor means just to show off! The team just add a list of advisor and those advisor doesn't work for that. There are very few advisors who are really good but maximum aren't a real advisor.

vintages

full member

Activity: 966

Merit: 153

Quote from: paxmao on May 09, 2018, 06:12:15 PM

The advisor are sometimes even more important than the team. They provide a certain degree of credibility to the project and sometimes they are the ones that are going to make the business have real sales.

They matter but not that important than the team. The teams are mostly the brain storm behind the ICO project and they are the ones handling the technical aspect which most advisors are not. Also, the advisors are needed to help in contributing in the way forward of the project. They can also give advises on how the marketing methods to use.

Pain Packer

full member

Activity: 322

Merit: 101

Advisers matter because they give another option to a certain project. They help to delete the possibility of having only one option. Sometimes, the fail of an ICO is directed to advisers. They also give some marketing strategy on how to steer the project the right way.

eagleman

hero member

Activity: 1190

Merit: 504

Advisers do really matter.

That's how they are working in the project, they are giving new ideas that may seem to be effective so that's why they are put in that position.

Quote from: sieemma on May 09, 2018, 06:32:42 PM

Take ICO advisors as influencers.

Not only as influencers, there are advisers that aren't really popular but they are creative and has a lot of ideas to share to make the project better.

sieemma

sr. member

Activity: 980

Merit: 253

Take ICO advisors as influencers. They are the well-known individuals that may have a good impact on the project at hand. I don't think they perform an advisory role as they are called. They just display them on the page to show a public figure.

Bttzed03

legendary

Activity: 2114

Merit: 1149

https://bitcoincleanup.com/

Yes, advisors matter especially in start up projects. Their input can be very valuable and also their influence to the cryptocurrency market can help make start up projects become more popular.

BigBoy89

legendary

Activity: 1512

Merit: 1011

I think that advisors are very important. Some time they may be more important than the team in certain areas of the project.
The advisors may ruin the project are lift it up the skies.

Soroskatona

jr. member

Activity: 168

Merit: 1

Not all the time. Advisors may mean wisdom, know-how and connections, but at the same time, they might be there for the easy money. To really know from a project, if their advisors are doing a good job, is almost impossible.

paxmao

legendary

Activity: 2310

Merit: 1598

Do not die for Putin

The advisor are sometimes even more important than the team. They provide a certain degree of credibility to the project and sometimes they are the ones that are going to make the business have real sales.

Emilyp

member

Activity: 546

Merit: 10

Advisors matters a whole lot. Most times we need people who has a higher knowledge base and exposure in the area we are venturing into to guide us so as not to make some mistakes but to achieve more.

cryptogeek101

sr. member

Activity: 798

Merit: 250

homt.net

Quote from: jack107 on April 27, 2018, 12:31:42 PM

What do you guys think about advisors and their roles in projects? Recently saw algebraix announce their advisors and they're not the typical blockchain advisors most projects have, but seem very strategic in both the blockchain world and traditional business world.

https://www.coinbureau.com/press-release/algebraix-welcomes-leaders-advisory-board/

How do you think projects should go about bringing on advisors?

Advisors are very necessary in crypto projects execution because they play advisory crucial roles with their multidisciplinary expertise and making sure that the project comes to successful end.

Rossey

newbie

Activity: 92

Merit: 0

I think advisors are needed if only they are performing their role effectively to seeing the success of the project, if not they should be ignored.

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