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One of the most important thing for a successful ICO if the powerful board of advisors. That is why:

Firstly, a big name on a project website can make the status of a company launching ICO. Secondly, a big name can create an environment of trust around an ICO. Since an advisor with a good reputation can not join a scam project, the board of advisors shows sincere intentions of a company launching ICO. What is more, an advisor is not just a photo on a website. It is the person who helps a team: they meet founders with potential investors, they give pieces of advice about the white paper and business plan and how to make all things right. Furthermore, an advisor is an inspiration and motivation for a team: you do everything not to disappoint the person you respect so much.

A good example of a professional advisor is Mohammed Ibrahim Jega. He is a serial entrepreneur and tech savvy marketer with vast experience in Business Development, Project Management, Content Marketing, and Application Development. He is the pioneer in cryptocurrency in Africa. Today he joined the board of advisors of KickCity event platform.

More about Mohammed you can read in this article https://etherworld.co/2018/01/12/top-tech-entrepreneur-in-africa-joins-kickcitys-board/

I am sure advisors are important. However they should be well-known!

Well... before saying anything about an advisor you need to check all the information about him

I definitely agree with the previous post.  Have a some well known advisors does help as it gives a comfort level to investors.  People are always willing to invest more with someone they know and trust.

I am agree with this post. However, some teams ignore it. They ask some people to join but they are not always respectable

I actually took a look at kick city board of advisers it looks nice. Cryptopay, wings - good job!

True, the more well known and trusted a team, the easier it will be for ICO to succeed. because it's true, people will more easily invest in projects with well-known or trusted teams

Thank you for the add!

But the article is pretty interesting. I had no idea crypto is popular in Africa

Well, advisors are usually famous or experienced guys that will make the project more reliable, I do not know how much they can do for the project development, but one fact is that they can bring more investors, that is enough.

This is where management efforts are needed to be able to revive and participate in the era of intense business competition. Unfortunately, this effort is often hindered by the lack of resources owned by the company so it is difficult for the related companies to grow and become more advanced.
Under such circumstances, professional and independent advisory services are required to help the company or manager achieve the company's goals and objectives with alternative solutions in the areas of management and business, identification, learning, searching for new potentials, as well as the adoption of new systems for change in a more good :D

Crypto is getting mainstream now :)

I believe advisors can help a project look trustful

advisor is one of the most important thing to check before join an ICO
beside that, there is already other thing to research such as whitepaper, token supply, etc

but if I should make a rank from it, I will choose whitepaper and then team + advisor
yep

actually kickcity is good ICO. I've look around about it at ANN thread

Heh, thank you for your words

You can join Telegram community to follow latest news https://t.me/kickcity_chat

You need advises not for advise. They will bring you investors

they are also great support for a project

do you have any chat or a tread?

Not only the advisors we need to pay attention to but the entire development team as well as the track record.

Sure. Please join https://t.me/kickcity_chat

no doubts. it is just one of the things

advisors, I consider one of the key figures in ico

yeah. a professional will never spoil reputation joining a scam project

Yes advisors are also one of the key elements for what to look for when choosing ICO. If there are well-known personalities, and this is true and not deceit, then most likely the project is honestly set up for real work. Of course there are exceptions, now there are many projects that can not afford a full package of promotion and PR, but at this point you need to pay attention.

Yes, a good consultant is very important. I will be careful to know who the adviser is before I invest in an ico, which is very important for me to invest in this ico.

Some project without visible team do well too.

advisors are very important for the project. As I rate components of a project I look for a good and active team, in second place i put an active and vibrant community, and then I look for the advisors. In most cases the advisors are the one that make a project get the funds. When you are  aiming for the softcap and there is not much movement on the market the advisors use their network in the crypto community and institutional investors to help you close the gap.

I just wish whitepapers would actually outline what Advisors do for the project, daily work, monthly etc

Consultant role is very big, many people are deciding whether to invest in the ico to see who is the consultant, the importance of a team's advisor is very important, people will check carefully before investing in ico consultant information

I couldn't agree more with this comment.
It would be very nice to know the specific role of the advisors and how they help the project, I feel some of them just allow the team to put their name on it, but actually they do nothing.

Advisor only? it will not guarantee that the project will be successful. We should also pay attention to the overall development team, especially the track record ceo of the project.
But speaking about the advisor, Fuzex co has been cooperating with TaaS co-founder, this chance of success is huge. check here https://fuzex.co

I'm not saying advisors only. But I believe it is very important factor

Assessing ICO i always look at the team as a whole . The more well known and credible the team the bigger chances for ICO to be a success.
In general good advisors don't take a part in doubtful projects, they don't want to  spoil their reputation in the case of the scam.

Yeah. I just don't understand why some projects ignore this factor

I truly believe that they are pretty significant. It increases the chance of a successful project of course. Plus, if they are well known then there is free publicity there.

I agree with you  I joined SETHER because of McAffea is advisors of them. If advisors have  good carier they push up their ICOs.

The first thing I do when I evaluate a new blockchain platform is to see the team and especially if there are value advisors. For me it is essential that there is not only a good team, but also a good advisors, for the success of the project

consultants are a great assets to trust in the project, i think ins project consultants made the project very valuable

Advisors and partners could be even more important then over all hype level. I remember Odyssey ICO when affiliation with Thron creator made to sell it all fast without long prepare and huge marketing. There was even jokes like this https://bitcointalk.org/index.php?topic=2809767.msg29094510#msg29094510 (someone sent his dog's picture for KYC) and passed it  ;D

Just recently I thought about it. I saw the project at first sight is not bad, but the team is almost all without work experience. Some school children, you know. They had advisers about whom I had never heard, and Google did not show much. No matter how interesting the idea was, I will not invest my money in people without experience.

True. There has to be background

thank you for the tread. I'm quite new here and I could not understand why there are advisors for the projects

I very often pay attention to advisors, because I believe that a lot depends on them. Because they vouch for the project and if the project turns out to be fraudulent, then in that case they will simply lose their face.

Yeah. That is absolutely true

It's a known marketing strategy to hire public figures to sponsor products in order to attract more clients and customers. This brings a sense of security and belonging for the customers, and has worked as a marketing strategy for most. I guess the same would apply to advisors and ICOs in the sense that investors would feel more secure to see an expert as a part of the team of an ICO. This would give the ICO more edge and would indicate that it's a good project to invest in.

True. The only difference is when some "hires" Paris Hilton or a professional and respectable in crypto industry person

yeah, it's not good for them. they can loose reputatin

Advisors are important but they will need to be well informed and have full knowledge about cryptocurrency. Crypto Advisors is the company/ people that will lead and help you through what crypto currency is and how you can fully utilize to improve your crypto currency moments and skill. Advisors do not offer any affiliate marketing opportunities. Although, they would encourage you to spread the word about their good and better services.

Yes advisors are important, but this does not mean that the project will be successful having only good and well-known advisors! A lot of criteria for the selection of successful ICO

Agree. But it is also important

I will agree with that!Advisors presence is very important because It can gives more knowledge to implement a good ICO Project and on how It can really evaluate so that the ICO will be launching successfully.Advisors Is the best weapon for every ICO Project because  the level of their experience and intelectual skills is unique to facillitate the best ICO.

Advisors are very important for the ICO since they have the crowd trust. however sometimes you cant ignore the fact that they are getting paid. regardless to token they are receiving. sometimes i'll bet the numbers are high enough to agree to be on the advisory board even if you don't really believe in the project this is of course just a thought i have when i think of this issue the question is basically if FIAT money corrupting the ICO projects background.

Yes! All the advisors from any ICO are paid to advise so don't take any of their advises as deciding factor or as financial advise. But well known advisors in an ICO is actually a good sign because they don't want to damage their reputation NY advising a scammy ICO. So they choose only legit projects with good business model.

It will make a leap in exchange if you have an advisor you will need less time studying and you have someone to look up to if you have an adviser.

When choosing ICO, I always pay attention to those people who are listed in the Advisors section, then I'm looking for a twitter of these people and on this twitter I'm looking for some news about the connection with this project. If this is not available, then you get a scam project

Hm... maybe it's a good way

Am I rightly understand that the marketing part of the KickCity project is developing by Mohammed Ibrahim Jega? I think that advisers need only to raise the hype around the project.

I agree that Advisors play a big role in an ICO. That is why you should see at least 3 or 4 advisors in ICO project. In most cases, they will guarantee the success of a project by giving the right information regarding the market, the company or the ICO itself.

Yeah! Thank you!

Past years have proven that it does affect the market.
Give it two days and the market will be even stronger than it is right now.

Is there some list of good advisors? Except McAfee and Buterin I didn't know who to follow ;D Ico's with great advisors usually finish sales on closed presales)

It is good when an advisor had his own successful ICO

I honestly agree about the importance of the advisors to each ICO. It will help these ICOs to make a name for themselves. However, we should also consider that there are some development team and advisors who are fake ones like we see on Benebit and other scam ICOs.

To be sure that they are real, make sure that you double check their FB and LinkedIn Profiles to see if they are real or not. Advisors are making a huge impact in endorsing a specific ICO that they are connected to.

Yes nowadays the project advisors are a major element of any ICO and will lend credibility to a newly launching ICO. People that have already made a name for themselves in the crypto space have a reputation to protect, so when they associate themselves with a new coin you know they have confidence it will be successful.

Consultants are very big, consultants are experienced people, and they make the project more reliable.

A professional will not join a fraud project.

exactly. Advisers are a very important part of the ICO project. They will create trust for those who participate in the ICO project and promote a smart way for their projects to be invested.
Not only have good staff and good ideas, but we also need advisors to help the project grow longer.

This gives the ICO the accreditation it worth and it help the ICO sell,good advisers are what make up the prospect of any coin.

It's clear that no one will invest without advice. But the advice should be correct as well as the advisers. They create an aura of trust in the whole project and attract more and more people. Thus, it can be said that this is the basis of each project and its participation in the market.

agree. This advice has to be useful

I know that you just promote your project, but the topic is interesting. I also believe in the importance of quality of advisors team. It is very important that the team is balanced in terms of competencies
For example, that was one of the reasons why I invest in the IQeon ICO. Their advisers has successful previous experience in the ICO, some has finance and business, some marketing, some blockchain development...

It is important for advisors to have wise experience

it is important for everyone

especially for ico advisors