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Topic: Do you pay attention on advisors when choosing a good ICO project? - page 4. (Read 574 times)

hero member
Activity: 770
Merit: 501
the development team and advisors are the most important selection criteria. if the adviser's last few projects were unsuccessful, then conclusions about the next can be done easily. on the other hand, past success does not guarantee anything Smiley
full member
Activity: 448
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 don't look advisors when it comes to ICOs because most of them are not interested in the project and just want to make some bucks with advertisement. I focus on the team; they don't have to be that popular but they should have an experience.
newbie
Activity: 168
Merit: 0
If they advise seems credible, sure, why not? But it's important to form your opinion first and then look for 2nd opinions.

You might have always missed something.
full member
Activity: 263
Merit: 100
This criterion is not determinative, but it is obvious that it is one of the most important. Well-known consultants are at least one of the signs that the project is not a fake. You can write to them by direct link and ask a question
member
Activity: 165
Merit: 12
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?

Advisory I dont really consider in an ICO project, I'm more concerned with seeing Whitepaper to be my consideration than advisor's project
full member
Activity: 345
Merit: 114
Some advisor really make truth review about project, but some of the get paid for do that. So do your own research is the best thing you can do
full member
Activity: 450
Merit: 122
of course we are.The advisors are so important for a project destiny they guiding well also the good advisors are very good pr for the project.people trust the ıco's because of advisors
member
Activity: 364
Merit: 10
If the project is truly has potential there's no need for such Advisors. A talented team, impressive whitepaper and attainable road map are my requirements in choosing ICO. Advisors are just a plus points to the ICO but it's not a must.
hero member
Activity: 1274
Merit: 516
Yes, advisor is an important position, usually an advisor is already experienced in making the project successful, it can attract investors and support the marketing team to reach the target, so it can be said that one of the success factor in ICO is the team behind the ICO, people will check the legitimate and the experience of the team before they invest
legendary
Activity: 1932
Merit: 1273
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?
If we talk about Initial Coin Offerings, there is a lot of variables to consider and I believe the team advisors is one of many variables. But we should really look into the bigger pictures as a whole team not only the team advisors. We must deeply research the background of the founder, the developers and the team behind supporting the project.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
Yes, consultants are also factors that need to be referenced.
Sometimes you can judge which trading platform the ICO project might be based on from a consultant from the ICO team.
newbie
Activity: 112
Merit: 0
To be honest, I don't bother with the advisors. But this is not to say that If I see the face of a thief on the board of advisors that I would over look that and go ahead and send my cash to them. Of course, not. My may concern isn't advisors but the roadmap of the coin, its use and the expected total supply. If a coin is in billions and the ICO price is high (say up to $1), that is a no-no sign for me. I believe supply is key in determining the price of a coin.

Do you mean the minimal contribution price? I agree that it shoudn't be too high, but 1$ isn't too small?
newbie
Activity: 164
Merit: 0
No, only people I trust that have experience in crypto currencies, lest Bitconnect repeats itself.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
To be honest, I don't bother with the advisors. But this is not to say that If I see the face of a thief on the board of advisors that I would over look that and go ahead and send my cash to them. Of course, not. My may concern isn't advisors but the roadmap of the coin, its use and the expected total supply. If a coin is in billions and the ICO price is high (say up to $1), that is a no-no sign for me. I believe supply is key in determining the price of a coin. But if it's a couple of cents I might just toss them a few dollar for so many coins.
newbie
Activity: 46
Merit: 0
Advisors cost a lot of money.
You can count approximate expenses for each ICO for understanding how high probability of scam.
jr. member
Activity: 168
Merit: 1
ICO Advisor | Top 15 ICOBench Expert
I care much about the dev team members and their track records, the marketing team and the roadmap
member
Activity: 140
Merit: 11
Thank you for +Merit
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?
Here in this thread there are many criteria for the choice ICO: https://bitcointalksearch.org/topic/how-to-choose-a-good-ico-what-criteria-2901548
Advisors are important. Good advisors willn't go to bad projects. Most often they get paid in tokens. Therefore, it is important for them to get the tokens of a successful project. Some are paid on etherium, bitcoin and fiat money, but more often in tokens of project.
full member
Activity: 1829
Merit: 134
Moderator
Not entirely, I think advisor only as an object when doing research I think. What makes Project interesting is their Team & vision
full member
Activity: 322
Merit: 103
Most people will say that I'm wrong but I don't put much attention on advisors while I'm analyzing white paper. If I have any doubts about the project I may only try to find their linkedin profiles to check if they are real people and have any connection to the project. You will never know the amount of advosor's participation in the project. It feels like usualy their involvement includes about 1-2 skype calls.
member
Activity: 126
Merit: 10
It is definitely important. Advisors who are willing to put their names out there in support of an ICO means that they are risking their reputation to a certain extent, if the ICO fails. In order to avoid that, I would assume that respectable advisors would refrain from supporting scammy ICOs. So advisors mean a lot to me.
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