Do advisors really matter?

[jacaf01]

Yes it does matter, I could remember this project Gochain I saw the project and like the idea but because the team seems light and the the quality of their advisors too, but what happens when they announced new addtion to their advisor team the hype started and sold out their presale in minutes. It is good to win investors over

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[zpopdream]

I think advisors should matter!
I mean unfortunately in some projects advisors simply exist on the website and are featured in their press-releases - and that's it.
The perfect variant is when they actually help - share their background and expertise, promote and represent the project they advise.
But such situation isn't very widespread, though

[BitcoinWorld]

I think advisers play very important roles...they should give good advice on everything about the project: marketing strategy, project development processes, short term and long term goals, etc.

[lionheart78]

Advisors' role is very controversial, because a lot of ICOs abuse the advisor list. I can easily imagine a deal with some mercantile advisors who agree only to be listed on the site in exchange for some tokens.

Some advisors do a lot of work for the projects, others barelly show up.

John McAfee was listed as an advisor for Sether. A while after that, it turned out he charges $105,000 for promoting ICOs. Do you think he did any real advising and work for Sether? I don't.

Well, sometimes it is not really the work that are paid, sometimes it is the name. Like John McAfee, a well known name. By just seeing his name as an adviser in a certain project, trust rate on that project will also increase because they have seen a reliable person involved in the project. Ad populum as they call it in Philosophy. .  

[Ricowavy]

Advisors often gives an ICO or a project an edge, especially when the advisor is reputable in the blockchain community.prior to their experience in the industry, they advise the project on steps to take to make the project successful, They also  give projects more popularity and trust. People tend to trust icos with reputable advisors that they wont runaway or disappear with their money after ico.

[Oilacris]

I think advisers play very important roles...they should give good advice on everything about the project: marketing strategy, project development processes, short term and long term goals, etc.

These are the basic roles where advisors should really do but some or most of them arent competent on the job that they do work for.Ive seen lots of ICO's where advisors dont really have relevant experience but still some do able to give significant purpose of such project but if i were to say its not really necessary to have these people but rather have an experienced team would really be just enough.

[bitcoin.beda]

Yes advisor is also a good indicator if the project is a scammed or genuine, as if the advisors of the team are trustworthy and has a vast knowledge this can be one indicator that this project has a potential, i always check the advisors team, before i participate ICOs and bounties.

[Ronaldobaban17]

It depends what is their project platform about,they need advisors to help them for planning, strategy, technical issue, and marketing. these are just some reason why most of ICO gonna need advisors to help boosting their project. In the other hand some Advisors are just after about their share from the company. Even if their backround is not fit in one project but still company ask them to be their advisor. Advisors is one of the factor could give some investors idea to join and participate to their ICO.

[saycryptohello]

depends on the project in which they participate, as well as on the value of the experience of the adviser. Sometimes there are frank scammers

[Tonstar]

Advisors' role is very controversial, because a lot of ICOs abuse the advisor list. I can easily imagine a deal with some mercantile advisors who agree only to be listed on the site in exchange for some tokens.

Some advisors do a lot of work for the projects, others barelly show up.

John McAfee was listed as an advisor for Sether. A while after that, it turned out he charges $105,000 for promoting ICOs. Do you think he did any real advising and work for Sether? I don't.

I think that it is somehow the question of luck - are you lucky enough to have a highly-experienced advisor near you or not
anyway the more time you spend on this business the easier it gets to distiguish a good advisor from a bad one

[btccrusher]

An advisor role is very important for significant success and future of any projects. A good advisory team can turn an ICO into a successful business. Answer honestly, Will you invest in a project that has no good advisor? Or full of scam/fake advisor list? I won't, I think nobody will invest. This is where advisor matters.

[senopratama]

a project will be successful if carried out by a person in accordance with their fields. advisors certainly are also important because it will be much needed progress in advising an ICO. If the Office in this field is not maximized, then I doubt the project will be run according to plan.

[awazieik]

What do you guys think about advisors and their roles in projects? Recently saw algebraix announce their advisors and they're not the typical blockchain advisors most projects have, but seem very strategic in both the blockchain world and traditional business world.

https://www.coinbureau.com/press-release/algebraix-welcomes-leaders-advisory-board/

How do you think projects should go about bringing on advisors?

Advisors are great but they are not a guarantee to a great project. Besides some of these advisors don't care about the project but look for a way to make profit. A project will succeed if the team is focused and ready to make a difference. An advisor should be an added bonus

[13ex07]

There is no unambiguous answer. In most cases, attracting advisors is just marketing. However, if the developers are genuinely interested in the quality of their project, then the advisers will be involved in the work on the project.

[Ravenangel]

Advisors do matter at times, they give you the insight about a coin, a view from a different angle r approach to an investment, it however comes down to an individual to make that crucial decision. You can make your decisions based on the the advises given or you can chose to go your different way,  whichever suits you well is what you go with

[nata777]

What do you guys think about advisors and their roles in projects? Recently saw algebraix announce their advisors and they're not the typical blockchain advisors most projects have, but seem very strategic in both the blockchain world and traditional business world.

https://www.coinbureau.com/press-release/algebraix-welcomes-leaders-advisory-board/

How do you think projects should go about bringing on advisors?

I think that advisers are important, but their role is not a key to the success project and often their role is overestimated

[Catmurs]

I do not trust advisors and different people, you need to study more information yourself to become a Pro in your business !

[Rossey]

I think advisors are needed if only they are performing their role effectively to seeing the success of the project, if not they should be ignored.

[cryptogeek101]

What do you guys think about advisors and their roles in projects? Recently saw algebraix announce their advisors and they're not the typical blockchain advisors most projects have, but seem very strategic in both the blockchain world and traditional business world.

https://www.coinbureau.com/press-release/algebraix-welcomes-leaders-advisory-board/

How do you think projects should go about bringing on advisors?

Advisors are very necessary in crypto projects execution because they play advisory crucial roles with their multidisciplinary expertise and making sure that the project comes to successful end.

[Emilyp]

Advisors matters a whole lot. Most times we need people who has a higher knowledge base and exposure in the area we are venturing into to guide us so as not to make some mistakes but to achieve more.