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Topic: Do you think advisors help new projects? - page 10. (Read 1824 times)

member
Activity: 296
Merit: 12
Yes definitely but it takes the right ones not just anyone
member
Activity: 784
Merit: 21
Advisors are the least people you should rely on when investing in a project ,I've done some mistakes in the past on a project because of its very well known advisor and the project ends been a shady one,do not rely on advisors and some are even fake advisors that know nothing about cryptography
sr. member
Activity: 560
Merit: 250
advisors are important but for the current project to only be an attractive investor, advisors should have experience and knowledge in the field of crypto that is very experienced because the impact can make the project's success

I see that after the period of calling ICO capital, the advisers did not seem to have many roles for the project. Most teams develop themselves, advisers are effective only during the capital call phase
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
advisors are important but for the current project to only be an attractive investor, advisors should have experience and knowledge in the field of crypto that is very experienced because the impact can make the project's success
hero member
Activity: 3038
Merit: 617


Yes. If a project is supported by TIm draper or Elon musk, you would have to think this must be a great project that an experienced investors are into it. Spacechain and Tezos were few of the projects I've seen so far that those two are known to have invested. Some find Macaffee to be a reputable though he is mostly just shilling for money per tweet but the project he seem to have been an advisor seem to have a god success as well.
sr. member
Activity: 1652
Merit: 262
very helpful, the advisors are very important to promote the new project. if the way they promote the project is in good and interesting language, it really helps the project get a lot of support from investors. but it can be the opposite, if the promotion is not good, the project can be difficult to get investors.
copper member
Activity: 840
Merit: 114
certainly the role of the advisor is very important for the growth and making of project plans. advisors are those who have truly been long and experts in the world and their respective fields. of course it will be very helpful.
but it is no guarantee that the project can succeed even though their advisors are trying to influence investors to join.
Like the Lyfe project, there was an advisor from a large enough exchange CEO who joined. I am not saying this project is not developing, but they are slow. Their products are released but do not have an effect on increasing the purchase value of their coins on the market.
Hopefully this will be an additional information for all of us.
member
Activity: 298
Merit: 10
I think consultants can make the project look more formal and give people some confidence in the project. I think it's just a marketing tool.

full member
Activity: 490
Merit: 123
We see every day a new ICO project launch, but it is very hard to take the decision, the project may be a scam, or even this new projects  not a scam no guarantee the project will succeed, the question here do you think the advisors can help new projects to success, do you think the advisors give the new projects trust?


Yes, definitely .
But you have to know the advisor , if he is truly real person.

Most of the people would not like to be tied to scam projects so it is a plus to see advisors.
There are a lot of areas where advisors could help, and the one of them is economics of tokens.
member
Activity: 462
Merit: 17
It all depends on the specific project and its team. And good consultants can really help the project to achieve the desired results and goals. So I think advisors in their field will not be superfluous in the project.
legendary
Activity: 1638
Merit: 1042
We see every day a new ICO project launch, but it is very hard to take the decision, the project may be a scam, or even this new projects  not a scam no guarantee the project will succeed, the question here do you think the advisors can help new projects to success, do you think the advisors give the new projects trust?
Note that there are many successful projects without any advisors.


The purpose of this post to help others to take a decision when invest, so do not forget to vote.

advisors and ambassador are often only other expressions for known persons who are used as an advertisement.
that can also backfire. first i think of mca****. but you should never have disadvantages with such people. whether the advantages outweigh the costs is up to you.
member
Activity: 798
Merit: 38
Well advisors add some substance to the authenticity of a project and whenever the fans of those advisors see such project being supported by their mentor, it might trigger them to go for it.
This had so much impact in the past, but it seems to have reduced these days. One of the most important criteria in choosing a project, after which the team has been verified to be real, is the product.
member
Activity: 189
Merit: 10
For me it depends on who is the so called a advisor is! if its popular like Mcafee will it will help to influence but to those not popular i think its just a waste of money. Since investors nowadays are not the same as before they dont care about who is the advisor. they are more interested on the project profitability.
but sometimes the role of a person with a big name is also important for marketing. some projects even rely on it to attract investors into the project. inevitably, all of that really happened. but it depends on the ability of the developer, where the market will not be able to only with the support of people with big names. real development that must be done to attract incoming investment.
hero member
Activity: 2814
Merit: 576
I think so, as long as advisors are popular, that might attract investors.
But I think there are some advisors who are not really acting based on the job, their names are just use to gain investors and they might only get paid for using the name but not on the actual job.
copper member
Activity: 224
Merit: 0
Yeah I believe that an experienced advisor that helped already to promote several projects, can bring a lot of value to a fresh one. This is just another experience bonus that would help to avoid bad team decisions.
full member
Activity: 1820
Merit: 107
For me it depends on who is the so called a advisor is! if its popular like Mcafee will it will help to influence but to those not popular i think its just a waste of money. Since investors nowadays are not the same as before they dont care about who is the advisor. they are more interested on the project profitability.
member
Activity: 490
Merit: 10
Advisors have their own areas of specialist that's why they are called advisors ,they always have high impact of new projects and old projects ,some of them are very familiar with market conditions so they can stop project teams from making a huge wrong turn
hero member
Activity: 2282
Merit: 659
Looking for gigs
In my own opinion, there's a good and bad side about advisors.

Let's start with the bad. Some advisors are just pretending to be "experts" in projects that they're not really involved. They're just making good pitches to include their pathetic faces in the website and get some tokens and dump it afterward.

The only way that these advisors are good is that they have a strong profile background with verified and established LinkedIn accounts. For sure, with their backgrounds, they would be a huge plus to projects if they would become advisors and help them with their suggestions and advice on how these projects can grow.

This is just my only opinion about them. I'm also a crypto advisor but I don't want to be on the bad side. Cheesy
legendary
Activity: 2674
Merit: 1048
The main focus is yourself or the investor's IEO/ICO project itself. If you have known that the project doesn't have an advisor and the project has an advisor then it is an answer for you and the other investor to make a decision to choose a legit project.

You have to know, to make a project can run well, I mean the developer always try to make their project can be accepted by all people then they should have an advisor or someone who has knowledge against it. You can see on the concept the project itself, usually the advisor will give a different thing from the other project and this thing can make most investor believe that this project is really promising.
jr. member
Activity: 199
Merit: 3
We see every day a new ICO project launch, but it is very hard to take the decision, the project may be a scam, or even this new projects  not a scam no guarantee the project will succeed, the question here do you think the advisors can help new projects to success, do you think the advisors give the new projects trust?
Note that there are many successful projects without any advisors.


The purpose of this post to help others to take a decision when invest, so do not forget to vote.

Advisers can help with project success. Decisions taken to join or not, it's just a personal matter. Also pay attention to other aspects of making decisions to join new projects and not be afraid of failure.
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