Do you think advisors help new projects?

[slaman29]

Good advisors could actually be of help if they are consulted. Sadly, in most cases the core team just try to thrive of the influences of advisors, instead of seeking to learn from them. People get interested when they see some big names as advisors, but that shouldn't be the primary reason of getting advisors.

Even in real life you don't see that many public listed projects really put their advisors to good use. But there you have it. Having a good advisor that actually consults than a big name guy with no real technical expertise is 10x better for your project... but gains you nothing in terms of interest from investments. That's the sad reality.

[19Nov16]

Good advisors could actually be of help if they are consulted. Sadly, in most cases the core team just try to thrive of the influences of advisors, instead of seeking to learn from them. People get interested when they see some big names as advisors, but that shouldn't be the primary reason of getting advisors.

Certainly, the presence of an advisor certainly makes investors optimistic about the future of project and collect moneyt, unfortunately many projects do not provide definite information about the adviser so it is not convincing for investors.

[TomArayaSlaya]

If the advisor is actually known and has some successful credible project at his portfolio then i think its actually normal to trust them If the project team are doing their work those advisor will make it gain some ground

[Redemption59]

I think advisors stand the chance of filling the gab between success and failure of a project. Personally I think advisors do help new projects very well in different categories. Most of these advisors are pioneers in the crypto industry who knows much as to how, who and when to do anything pertaining to the project as they help in directing the project onto a successful platform.

[irixo10]

Yes I do but in this case has to do with good and experienced advisors. If really the advisors has nothing to offer I don't any project team will be happy employing their services. Now talking about success, some advisors can help draw hype to a project which will of course lead to success while some will add both hype and the neccessary experience so as to ensure long term sustainability; therefore it can be seen that although advisors helps projects to be successful, it comes on different ways.

[danggoron]

Yes I do but in this case has to do with good and experienced advisors. If really the advisors has nothing to offer I don't any project team will be happy employing their services. Now talking about success, some advisors can help draw hype to a project which will of course lead to success while some will add both hype and the neccessary experience so as to ensure long term sustainability; therefore it can be seen that although advisors helps projects to be successful, it comes on different ways.

In conclusion, the advisor must have a big influence on the success of a project in forming a wide market network. Especially well-known advisors who play a role in cryptocurrency will certainly increase investor confidence before joining, moreover the advisor has handled successful projects in the market before.

[aemma]

I do think advisors help new projects, because the success of the platform will also count as their success thus giving them more prestige to be used by other projects. Also, the advisors needs to be people with great experience and if possible Influence, as it will go a long way in convincing investors to invest while giving them confidence. However, we also need to study the project to know if it worth it or not, as most advisors can be there for short term profitability.

[princeyeboah]

Advisors really do have impact on projects , the only issue is if the projects really do listen and make Use of the advise they give to them ! The advisors have the capacity to guide the projects which is why they were appointed ! Majorly they do have impact on the projects

Of course, the role of advisors cannot be underestimated in project development yet not all the advice can be employed especially when it does not go in line with the goals of the project. This is why the advisor and the rest of the team members must reason together, use their discretion and cryptocurrency expertise to run the project as a team. With this, the project can achieve its goals.

[confreslamp]

I think there is a certain amount of successful advisors that have already worked with several projects and made them to succeed. Otherwise, an advisor is just another guy that believes he can run a crypto project. Unfortunately, a lot of such advisors fail.

[Kwansimaa]

Of a fact, the duties played by advisors cannot be taken for granted however not every advice goes in line with the mission of the project and care must be taken then when adhering to issues in terms of that. Advisors play key role as in they help in directing the project to a perfect ending since most of these board of advisors are key factors and knowledgeable in the field of crypto and finance. Honestly, the success of most projects is as a result of their board of advisors which means advisors really help new projects.

[Chemcrier]

Going by what I have seen from top Cryptocurrency advisors like Ian Balina and John McAfee, I would say that Advisors do not aid projects at all because they seem to be after lining their own pockets, unless it's technical advisors in the field of that project that would assist in the actual development of the project.

[hirngespenst]

Of course, they do! I have seen some project who hadn't good partners nor good updates, but they raised their all-cap only because they had good known advisors. But if your project is not good enough, then famous advisors can't help you. Roger Var is an advisor of Livenpay and Azbit projects and both projects suffered a lot!

[Inu.Guren]

i see few of ico campaign project can be successfull because they hired good advisor for their team, in some case of course advisor is needed to build community and make investor more interest to invest in the project they managed, that's why for now job as advisor is just for people with good reputation in blockchain and cryptocurrency ecosystem

[Finestream]

It's more appropriate if we look on the team who will manage the project and those who are responsible on the success or failure of the project.

An advisor's job is just to give their advise but it's still up to the CEO or the manager of the project if he will follow the advise or not, and also, I think advisors name are put as part of the project just to market the project to raise a good amount but in the inside, we don't know how big their involvement in the development of the project, some advisors are just even get paid for their names but not their job IMO.

[PuertoLibre]

Using the reputation of the ICO advisors is not an appropriate method for increasing the awareness in my opinion. The advisors talk from their experience and their experience doesn't always matter in most cases especially in the new projects. New projects also don't consider the current situation in the IEOs and delaying the proejct will be better from the timing perspective. About the 50% of the IEOs on the exchanges as Binance can take the successful roadmap goals.

[dongosquad]

Of course, they do! I have seen some project who hadn't good partners nor good updates, but they raised their all-cap only because they had good known advisors. But if your project is not good enough, then famous advisors can't help you. Roger Var is an advisor of Livenpay and Azbit projects and both projects suffered a lot!

Moreover, influential advisors in cryptocurrency must always be used as a reference, speculation is often used as a basis for analysis. Projects supported by influential advisors will definitely have a higher appeal, of course, it will be in vain if it is not supported by the strategy and quality of the project, as you explained. Conversely, a strong project, a good strategy and product, will certainly provide a good image as well and will automatically attract market interest, even without a special advisor.

[efxtrader]

Of course, they do! I have seen some project who hadn't good partners nor good updates, but they raised their all-cap only because they had good known advisors. But if your project is not good enough, then famous advisors can't help you. Roger Var is an advisor of Livenpay and Azbit projects and both projects suffered a lot!

Moreover, influential advisors in cryptocurrency must always be used as a reference, speculation is often used as a basis for analysis. Projects supported by influential advisors will definitely have a higher appeal, of course, it will be in vain if it is not supported by the strategy and quality of the project, as you explained. Conversely, a strong project, a good strategy and product, will certainly provide a good image as well and will automatically attract market interest, even without a special advisor.

An experienced advisor in the world of cryptocurrency will certainly help a project to survive amid the intense competition in new coins. In addition, a well-known advisor can attract many investors and also provide guidance on how a product is created and marketed

[BITDV]

It's depend on advisors it self, are they used for brand/marketing only? are they used to make project looks greatin first appereance?

Sure on their web, they will give position to their advisors. However we can not know what is function of advisors on a project. Are they really help project to find investor or announce project to their network? Only internal team know this issue.

I also still looking way to knwo about this

[mcnocon2]

I don't really think advisors helps new projects in making decisions or enhancing the project even more. Advisors for me are more like to gain a public trust coming from the community that the advisors supports this project and that means that is a legit project. That's all they can help with the project.

[mika11]

I think the current successful project has three main elements:
1: Money
2: Community
3: Foundation