Topic: Do you think advisors help new projects? - page 9. (Read 1827 times)
I do not think advisors really helps projects at all, people have woken up to the fact that most advisors for project are just doing it for the financial gain and this has made people not even check the advisory team when considering the projects they want to invest in. Most of these advisors do not contribute positively to the project, they are just added there to look good and make the project seem more credible.
I think most of the advisors do nothing. They are just getting paid, so their name and reputation can be used.
I think they do research the project that they agree to be associated with, but they rarely do any contribution.
I think they do research the project that they agree to be associated with, but they rarely do any contribution.
I think this is a Yes and No question. It is yes because some projects have flourish in the past with the help of advisors and it is NO because some advisor are not relevant to some project and they only receive coin without contributing any meaningful thing to the project. This issue of adviser depend largely on the choice of the project management itself. If wrong advisors were chosen then they won't help the project buy if the right ones were chosen then it will make the project flourish.
Depends on the quality of the adviser. If you can get Vitalik as your adviser then of course its going to help with a new project, he will be able to give you a lot of insights on crypto and help your project out plus it would create a big advertisement opportunity as he is your adviser and he wouldn't pick your coin to help out if he didn't believe it but he has no time to run it all by himself so he is just advising. That would actually cause your new coin to get funded in 10 seconds.
However, of course not all can get a good adviser like Vitalik so when it comes down to literally a person only 100 people may know or basically only his own circle knows, a dude from totally different nation who has nothing to do with him will not care about seeing him as the adviser. You may be the CEO of your bank if you want but as long as its local, dude from china will not know the CEO of German bank which means its useless.
However, of course not all can get a good adviser like Vitalik so when it comes down to literally a person only 100 people may know or basically only his own circle knows, a dude from totally different nation who has nothing to do with him will not care about seeing him as the adviser. You may be the CEO of your bank if you want but as long as its local, dude from china will not know the CEO of German bank which means its useless.
What does an adviser has to do with an ICO, I am not really understanding. Do you mean on the side of those that are running the ICO or do you mean those that are investing in the ICO? Because one adviser can be doing the job for the both of them. Those running the ICO can possibly have an adviser who is experienced and helps them know what is right and how to follow up and be successful on their project. Then as for investors, you can have someone that will be advising you on which to invest your money and the ones you’re not to. These are two different things. But it’s not that an adviser is needed, as long as you know what you’re doing and you’re sure about it.
Advisors are good only for raising more money, nothing else, in most cases they do not understand the project and do not know team intent.
Look how many projects where McAfee was an Advisor died.
Look how many projects where McAfee was an Advisor died.
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.
Advisers are not supernatural being for them to supernaturally make a project successful, an adviser could only play his part, and it is left for the project developers and team to take it or leave it because there is no way he can fully enforce whatever he feels would be good for the project unless that developers act on it. Yes he is meant to be a specialist, and that is why you even see a lot of whitepapers convincing enough because he has put his own contribution into it. 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.
There is no way he will absolutely know that the people he is dealing with is a scammer since it is not written on the forehead, and they will act so serious that you could take them for the most serious person on earth, meanwhile their motive behind the project is hidden within them. So there is not much adviser can do in making a project successfully if the team is not ready to take and act on the advice.
Definitely good advisors will help the team members in taking great decisions to foster and accomplish the project vision. But advisors alone is not the yardstick to ascertain whether a project is worth investing or not, there are more vital checks especially team capability and legitimacy, token economics and product.
A good adviser(more like an expert in blockchain startups) may work but this thing end up being abused as the advisors would find it hard to resist big money from loads of new projects. I guess there should be punishment for deceptive advices. That is one of many way good advice can be sustained.
I believe that in such an issue as investing in risky projects, you need to make a decision yourself. It is necessary to carefully study everything and make a decision. No need to shift responsibility to others, listening to other people's advice.
If the project hires well-known advisers, it will help the project become more reliable for those who want to invest.
So you think advisors good only in marketing.
Yes, of course. Almost current projects needs advisors for this purpose. And if it's not a famous person but experienced in the field of the project, that's fine. 
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.
I think yes. If the advisor has a reputation and experience, it is also a way to market the project and attract investors.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.
But the important thing I care about now is which VCs have invested in the project, it ensures the success of the project.
But the existence of an advisor is also a good idea to get support so that it can help in developing the project, success in a project depends on the strategy and teamwork
Advisors can be hired and they are really helpful to a project since they got bigger background and experience, but since you relate it to a project, we can say that we should not base on advisors on how the project would become. Advisors give advice but it might not be implemented and those project might just use their names for a good image.
Sometimes its good and sometimes its just the other way around,a very popular advisor can drive investors to the project ,its called awareness ,for example john McAfee is part of the reason some investors invest in Apollo currency
the role of the recommendations of people with good reputation will indeed have a positive impact on the new project. investors will be easily collected. but sometimes it does not produce good results, because the developer does not work in accordance with the expectations that result in prices below the initial investment price.Humm is the future of the project, and during the project announcement period, the advisers play a very important role for the project to be known by many investors and investment funds.
Macaffee had been part of many token creation since he got involve in crypto there were lots of the projects he shills were still not successful actually. One particularly was the the bitfence which right now were renamed bittrix but still uncertain where its going. I certainly doubt this guy's approach but there was a rumor about him earning per tweets he made about a project.
Sometimes its good and sometimes its just the other way around,a very popular advisor can drive investors to the project ,its called awareness ,for example john McAfee is part of the reason some investors invest in Apollo currency
the role of the recommendations of people with good reputation will indeed have a positive impact on the new project. investors will be easily collected. but sometimes it does not produce good results, because the developer does not work in accordance with the expectations that result in prices below the initial investment price.Humm is the future of the project, and during the project announcement period, the advisers play a very important role for the project to be known by many investors and investment funds.
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.
I have seen many reputable projects that had known advisors but still the project failed. I don't believe this advisors play any special role in the success of projects , if not we will not see many failed projects in the market 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.
Sometimes its good and sometimes its just the other way around,a very popular advisor can drive investors to the project ,its called awareness ,for example john McAfee is part of the reason some investors invest in Apollo currency
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.
I have seen many reputable projects that had known advisors but still the project failed. I don't believe this advisors play any special role in the success of projects , if not we will not see many failed projects in the market 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.
Besides adding credibility and trust to a project, advisors provide guidance and knowledge to the team. Depending on the agreement between the organization and advisor, most roles consist of an education clause, where advice must be delivered to the team in order to improve upon current developments, and also an influencer clause, to encourage new members to join the community. All in all, advisors wear multiple hats that can benefit both the development process and community growth within a new project.
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