ICO Advisors

[PeterKh]

Hi!

When going through white papers, I often see statements like "[ ]% of tokens/ICO proceeds goes to our advisors". But it's not clear how that overall amount is split between individual advisors.
When an ICO issuer reaches out to a potential advisor, what is the offer (granted the advisor likes the project) the issuer should make?

Thanks!

[redpillorblue]

At the simplest level, the coins allocated to the advisor are split among them equally.
Some of them may ask for special treatment though (say: additional bonus coins on a better discount, a seat (or more) in 'whitelist' and so on).. which is upto the founders to entertain.

When looking into those whitepapers, also look for a clause for 'vesting period' for advisors (typically ranges from 6 months to 3 years), which tends to lock them with the startup for that period.