5 Ways To Benefit From Your ICO Advisors
These days are ICO Advisors are, along with a Whitepaper and a Roadmap, a mandatory must-have for every new project. It is commonly assumed that they ensure the credibility of an ICO. But for the project's website. 5 of them.
►An Advisor Can Vet Your Idea
Industry knowledge of doing business. Ask for your ICO and create a token.
►An Advisor Can Ensure Legal Compliance
Let's not delude ourselves in thinking that ICOs are exempt from the law. You must be careful to avoid unintentionally committing any offenses. A skilled advisor can be quite helpful to cover your back. Ask for advice and guidance on how to comply with AML and KYC laws.
►An Advisor Can Introduce You To Institutional Investors
Institutional investors and venture funds are now increasingly looking at ICOs as the returns they have generated are very difficult to ignore. However, VCs are highly selective when it comes to supporting an ICO or a startup. A well-known Advisor with a good reputation can help you to look credible in the eyes of VC decision makers. Moreover, an Advisor can have the connections in the world of institutional investors, which makes it even easier to get the funding you desire.
►An Advisor Can Help You Out With A Financial Plan
Once you get your first money from investors, it’s crucial to spend them wisely. Many ICOs fail to deliver their product or service even after reaching the funding goals. They spend the money on the wrong things instead of sticking to a viable financial plan. If your Advisor is proficient in budgeting, don’t hesitate to use his skills for the benefit of your project.
►An Advisor Can Assist You With A Go-To-Market Strategy
A decent marketing strategy is essential for an ICO since the market is flooded with projects seeking investment. In order to stand out from the crowd, you should develop a step-by-step plan of asserting yourself and making your project noticed. An experienced advisor can be of a great help when it comes to creating a PR and marketing strategy.
ICO Advisors come in an array of different skills and capacities. What is your project advisor? It’s a real challenge. It will be mutually beneficial. http://ptoken.io
There are many great ideas for blockchain and DeFi projects, but most founders are struggling to access funds to scale. Due to this development, venture capitalists (VCs) get pitched countless times a…