what is the job of advisors in ICO

[MaxKnoblauch]

I have been looking to the ico projects and found that almost every project have advisors. So what is the main role of advisors in ico ?

[1714971565]

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[1714971565]

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[1714971565]

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[MaxKnoblauch]

anyone ??

[medussa]

They are there to give professional advice to the team as well help the project succeed

[MaxKnoblauch]

They are there to give professional advice to the team as well help the project succeed

What of advises ?

[Cryptopeppe]

advisers help you to take right decisions!
advisers are people with a lot of experience. Think about Peter Thiel and Facebook: he was an investors but also an adviser who helped Facebook to grow!
advisers have also a great impact on investment people choice. this help the marketing team to sell the project better and faster.

[Classica35]

Just as the name implies, an advisors gives professional advise to the team of the project and this is usually towards the success of the project. An advisor will must definitely be an experienced person in line with the project at hand.

[tusherk800]

An adviser is normally a person with more and deeper knowledge in a specific area and usually also includes persons with cross-functional and multidisciplinary expertise. An adviser's role is that of a mentor or guide and differs categorically from that of a task-specific consultant. So, Advisor in ICO helps a project to guide and also a well-known & experienced advisor with good background keep great impact in an ICO project. Hopes this will help to know about advisors in ICO.
Thanks.

[KryptoKai]

It's a good question as it is a very vague area on how much advice is given to the project. Are they just giving phone advice when they need help, or are they actually following everything and tell people what to do and how. More transparency is needed when listing advisors

[kworrom]

There is the most important task before such people during project development = they should direct the idea of developers in the right direction and advise them how to properly develop platform,etc.

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[oho]

The more important the adviser, the more confidence in the project! This is if you look at the analysis of the project, so if you see that the adviser or working or was worked in a good company, then this is a good sign!

[Jizel]

I think that when companies enter the market, their main task is to collect investments and launch the project. But here's how to conduct bounty companies they do not know, so they hire counselors who have long been in this system and can help organize the project in the best way.

[waaat?]

They trade own reputation only. As rules all their knowledge is known long time. But projects need them for more ratings. That's why a good adviser must have public face and good reputation. Nothing more

[hasimkamal]

Advisors are skilled persons with deep knowledge in particular field. They are one of the key persons to take decisions and help the project with valuable decisions in time of need. People sometimes get interested in tokens seeing some popular personality as advisors in a project.

[tutakhamunba]

they give the ICO founder team good advises on developing the project, they help to promote the ICO, they do everything to make sure the ICO reach its target.

[kingzpro]

Mostly advisors are placed on an ico site just for the purpose of marketing, on the practical side the advisor can suggest the project with his expert opinion on an issue that the project may face, as far as the issue is related to the field of expertise of the advisor.

[MaxKnoblauch]

Mostly advisors are placed on an ico site just for the purpose of marketing, on the practical side the advisor can suggest the project with his expert opinion on an issue that the project may face, as far as the issue is related to the field of expertise of the advisor.

This exactly what i think that basically advisers are for marketing purpose. And what if team don't agree on his advise. ??

[batang_bitcoin]

I have been looking to the ico projects and found that almost every project have advisors. So what is the main role of advisors in ico ?

From the word itself, they advice on what will be the best for the ICO regarding marketing, token sales, distribution etc.

But did you noticed something from these ICO's? they are getting popular advisers which makes their ICO look to be more reliable, it's main purpose is to attract more investors which makes their ICO/sale firmer than the rest that doesn't have this position.

[ifanxu]

In fact, I think the consultant's job is to allow investors to trust this project and invest in this project. Of course, only well-known consultants can achieve this effect.

[judyrob]

duty counsel is to provide the best solutions in decision-making at the ICO. their role is very important to be successful and whether the ICO is executed. an adviser must be prosecuted has more experience and knowledge in the ICO in order to guide the ICO to be successful.