Do you think advisors help new projects?

[masterusd]

I followed a project trip since last year, and I think advisors cannot be a benchmark that projects that have the best advisers will be successful. Because I see for myself, there are still many projects without successful advisors. It all depends on how their team works, if their team is very good and experienced, I don't think advisor is needed here, but with the advisor there must be added value by the investors.

Do you mean advisors add value to the token or coin itself even there is no action from advisors?

[Torps1]

Since blockchain technology is relatively new, there are very few experts that are well informed on the nitty gritty of blockchain, hence the majority of self acclaimed blockchain advisors brings little or no success to any particular blockchain projects.

The need to involve advisors in any project is dependent on the team and based on the qualifications/level of expertise amongst team members to handling task.

[FlyingDrozd]

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.

The purpose of this post to help others to take a decision when invest, so do not forget to vote.

I think it really depends on the project. Some projects just pay money to advisers for posting them on the team page. Some projects do care about their product and hire advisors who can help with improving product/marketing/vision. Anyway, ICO is a scam. Any.

[nuco.cloud]

Even the best of the best have some advisors..it is better to learn of someones mistakes

[john alex young]

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.

The purpose of this post to help others to take a decision when invest, so do not forget to vote.

Advisers can help with project success. Decisions taken to join or not, it's just a personal matter. Also pay attention to other aspects of making decisions to join new projects and not be afraid of failure.

[EdenHazard]

The main focus is yourself or the investor's IEO/ICO project itself. If you have known that the project doesn't have an advisor and the project has an advisor then it is an answer for you and the other investor to make a decision to choose a legit project.

You have to know, to make a project can run well, I mean the developer always try to make their project can be accepted by all people then they should have an advisor or someone who has knowledge against it. You can see on the concept the project itself, usually the advisor will give a different thing from the other project and this thing can make most investor believe that this project is really promising.

[cheezcarls]

In my own opinion, there's a good and bad side about advisors.

Let's start with the bad. Some advisors are just pretending to be "experts" in projects that they're not really involved. They're just making good pitches to include their pathetic faces in the website and get some tokens and dump it afterward.

The only way that these advisors are good is that they have a strong profile background with verified and established LinkedIn accounts. For sure, with their backgrounds, they would be a huge plus to projects if they would become advisors and help them with their suggestions and advice on how these projects can grow.

This is just my only opinion about them. I'm also a crypto advisor but I don't want to be on the bad side.

[Greatchu]

Advisors have their own areas of specialist that's why they are called advisors ,they always have high impact of new projects and old projects ,some of them are very familiar with market conditions so they can stop project teams from making a huge wrong turn

[masterrex]

For me it depends on who is the so called a advisor is! if its popular like Mcafee will it will help to influence but to those not popular i think its just a waste of money. Since investors nowadays are not the same as before they dont care about who is the advisor. they are more interested on the project profitability.

[chriseasan]

Yeah I believe that an experienced advisor that helped already to promote several projects, can bring a lot of value to a fresh one. This is just another experience bonus that would help to avoid bad team decisions.

[Kasabus]

I think so, as long as advisors are popular, that might attract investors.
But I think there are some advisors who are not really acting based on the job, their names are just use to gain investors and they might only get paid for using the name but not on the actual job.

[biangkerok]

For me it depends on who is the so called a advisor is! if its popular like Mcafee will it will help to influence but to those not popular i think its just a waste of money. Since investors nowadays are not the same as before they dont care about who is the advisor. they are more interested on the project profitability.

but sometimes the role of a person with a big name is also important for marketing. some projects even rely on it to attract investors into the project. inevitably, all of that really happened. but it depends on the ability of the developer, where the market will not be able to only with the support of people with big names. real development that must be done to attract incoming investment.

[Bonwin]

Well advisors add some substance to the authenticity of a project and whenever the fans of those advisors see such project being supported by their mentor, it might trigger them to go for it.
This had so much impact in the past, but it seems to have reduced these days. One of the most important criteria in choosing a project, after which the team has been verified to be real, is the product.

[Bitze]

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.

The purpose of this post to help others to take a decision when invest, so do not forget to vote.

advisors and ambassador are often only other expressions for known persons who are used as an advertisement.
that can also backfire. first i think of mca****. but you should never have disadvantages with such people. whether the advantages outweigh the costs is up to you.

[Slavyanskiy]

It all depends on the specific project and its team. And good consultants can really help the project to achieve the desired results and goals. So I think advisors in their field will not be superfluous in the project.

[mazdafunsun]

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?

Yes, definitely .
But you have to know the advisor , if he is truly real person.

Most of the people would not like to be tied to scam projects so it is a plus to see advisors.
There are a lot of areas where advisors could help, and the one of them is economics of tokens.

[Airelves09]

I think consultants can make the project look more formal and give people some confidence in the project. I think it's just a marketing tool.

[calandra78]

certainly the role of the advisor is very important for the growth and making of project plans. advisors are those who have truly been long and experts in the world and their respective fields. of course it will be very helpful.
but it is no guarantee that the project can succeed even though their advisors are trying to influence investors to join.
Like the Lyfe project, there was an advisor from a large enough exchange CEO who joined. I am not saying this project is not developing, but they are slow. Their products are released but do not have an effect on increasing the purchase value of their coins on the market.
Hopefully this will be an additional information for all of us.

[fuer44]

very helpful, the advisors are very important to promote the new project. if the way they promote the project is in good and interesting language, it really helps the project get a lot of support from investors. but it can be the opposite, if the promotion is not good, the project can be difficult to get investors.

[bittraffic]

Yes. If a project is supported by TIm draper or Elon musk, you would have to think this must be a great project that an experienced investors are into it. Spacechain and Tezos were few of the projects I've seen so far that those two are known to have invested. Some find Macaffee to be a reputable though he is mostly just shilling for money per tweet but the project he seem to have been an advisor seem to have a god success as well.