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Topic: Do you pay attention on advisors when choosing a good ICO project? - page 2. (Read 638 times)

newbie
Activity: 196
Merit: 0
That is very normal.
A good advisor is hired by multiple ICO's to advise them.
you may see same faces of advisor in many ICO's
newbie
Activity: 83
Merit: 0
When choosing a good ICO looking at project advisors is important. But also there are plenty of other things you should look at when choosing an ICO. You should read everything related to ICO. You should do your own research specially reading the white paper is a must. Getting crypto expert's opinions is also a massively important when choosing an ICO.
member
Activity: 378
Merit: 16
advisor is usually only used as a marketing medium of the team or the developer only
they usually hire an advisor just to get their big name on a project they live on
the most important is the validity of team profiles and developers
full member
Activity: 294
Merit: 125
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

Yes it is. If there is a reputable advisor associated on a particular ICO then it will skyrocket for sure. Imagine what happened to TenX. Vitalik buterin was one of their advisor. The ICO was finished instantly and a great hype happened. the price of TenX hyped even if they dont have existing product yet.

However, Advisors is just one of a indicator to know if the ICO is good or not.
full member
Activity: 350
Merit: 108
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?
many indicators to determine good ICO. any factor is very important including an advisor. we must be very careful in determining the ICO to avoid the ICO scam, find information through the forum or from experts cryptocurrency.
full member
Activity: 434
Merit: 104
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

Of course, I look at the team. But I'm more guided by how much the project can be of interest to people, how real the amount of money they want to collect. Well, or if this ico is already on the hip, then in principle you can and do not pay attention to all the rest))
copper member
Activity: 1050
Merit: 294
Of course advisors of any project have a strong impact on the project, expereinced advisors can take the project to the right direction. I always suggest to check the back support  (i.e linked partners and advisors) before joining it.
full member
Activity: 364
Merit: 102
Advisors contribute to the success of the ICO, however it is not only advisors that you pay attention to, some projects don't have any product to offer, therefore irrespective of the advisors, the project will just be hyped but will offer nothing to investors.
GFE
full member
Activity: 336
Merit: 100
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

I think that the first one is developers team. Second one is white paper of project. Advisors are worth to check but it is not so important
full member
Activity: 224
Merit: 101
HEXCASH - Decentralized Fund
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

Yes, I pay attention at everything that can help me getting additional information about some certain ICO, including all these advices. Meanwhile, I take a decision if to invest into it or not myself.

At some point advisors are important to but in reality investors shouldn't rely on advisors before putting your hard-earned into an ICO because I know that they're just being paid to attract more investors.
I should give an advice to young investors that they should consider more the effectiveness of the project than advisors because advisors cannot save the company but project does and it's always a project what their marketing value is and not by advisors alone.
full member
Activity: 1004
Merit: 111
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

Advisors add more popularity on the ICO and it is good to have the best advisor for their projects. but, that is not the big factor, the team should be one also and people of the team is good to see. Marketing strategy must be superb as it is the main branch to produce the massive growth of the sale and the popularity of the ICO to the investors.
the great roadmap is also a good point, better to do this on time or earlier. the whitepaper is the first page to read for investors if the ICO project has the potential.
member
Activity: 224
Merit: 12
While choosing ico I did not see who counsel her because counsel is not too important for me to see ico good, I only saw who manager and how big the potential to the price ico her good.
full member
Activity: 224
Merit: 101
HEXCASH - Decentralized Fund
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

considering advisors on choosing ICOs?
My answer is No but at some point it depends.
Advisors for me were just paid in order to elevate ICO popularity and ratings because they are expecting that celebrities could bring their ICO to attract investors but in reality they're just a plain business and nothing more.
In my personal reasons, I would rather see the importance of  the project than considering the company's advisors because the project is the best reason why their blockchain exist.
member
Activity: 287
Merit: 10
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

Yes, I pay attention at everything that can help me getting additional information about some certain ICO, including all these advices. Meanwhile, I take a decision if to invest into it or not myself.
member
Activity: 181
Merit: 10
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?
Advisors doesnt affect the project's outcome,you should read all about the things you need to know about your ICO so you wont end up crying because you lose your investment,You need to know that joining ICOs has more risk than trading alone.If you really want to invest with ICOs,choose an ICO that has a good working product/services,good developers,reputable founder,and has clear roadmap and whitepaper these some basic things you need to check.
member
Activity: 154
Merit: 10
Sapien.Network-Beta Platform is Live
Its just one of the factors but not ultimately the basis of the decision making. After looking into what these credible advisors are endorsing, one needs to definitely make his own research and assessment. The credibility of these advisors are usually based on the success of their endorsement which can be equated with their technical analysis capability. At some point, a good benchmark of your own analysis as well.
member
Activity: 182
Merit: 11
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?
No,i actually reading most of the whitepapers of each projects before i decide which bounty campaign should i participate,most of the new ICOs are business minded which means they aim for the money and not the technology that can bring development in people's life.Theres a lot of things to consider in joining ICO like the product,founder's background developers's previous projects,these are some of the things you need to consider before joining any ICOs.
full member
Activity: 420
Merit: 105
The first and foremost criteria for investing in a project is the team of professionals backing up the project, then comes the advisory board if the advisory board has good members it means that the project is up to good.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?

I don't think that are important because I bet that most of the times they don't even care about the project, and just lend their name for profit. I usually take the advisors just as another marketing stun for the project. Also we can't even be sure they are real advisors, and the team might just be using their name to promote their project. If I actually see the advisors being active on the project, either by promoting it or helping in it's development, then I might take them in consideration.
newbie
Activity: 23
Merit: 0
When investing on ICOs we must watch all parameters we can...

And good advisors is a good thing, sicne with best advisors more people must get engajed to the project, but it's not the only thing you must look, and not even the main parameter to consider.

In my opinion, the whole idea behing the creation of the ICO is much more important then good advisors.
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