(Newswire.net — June 9, 2018) — The recent trends in blockchain and cryptocurrency have opened the market for professional advisors. Just like the financial advisors for investments and traditional banking, these specialists help guide customers on their new journey. While blockchain expertise may seem available from a wide variety of venues, it is important to consider the sources. With this market remaining relatively new, you cannot rely on individuals with extended years of experience. Resources are easily wasted when the wrong advisor is brought in. There are some basic services you need to look for, as well as some red flags that offer warnings. Find the right advisor for your blockchain and cryptocurrency needs.
The “Experts”
It seems like there are experts advertising everywhere. In reality, many of these individuals are simply trying to jump on the bandwagon. They read a little bit about the cryptocurrency market, and claim to be able to help you navigate it. A proper ICO advisor is not that easy to find. When you do find a qualified one, they are going to be booked solid. Start your search well ahead of when you actually need the services. This allows time to find a legitimate professional.
Blockchain and Cryptocurrency have been around a relatively short period of time. This can make it difficult to know who to trust. Instead of looking for someone with long-term experience, you need to find someone with a decent quantity of experience. This can be done by asking the right questions. Find out what they have been involved in with blockchain and cryptocurrency. The title of ICO expert can only be earned through experience.
Integrity
As with anyone you plan to work with, it is important to find out what is behind the person’s name. In traditional professions you may look for the proper educational background or training. Since the blockchain and cryptocurrency phase is so new, there has not been time for these qualifications to present themselves. You may have to dig a little deeper to find an ICO advisor with integrity. Look for research done by the individual. An advisor that is truly serious about the profession, contributes to the field in some way. White papers, web content, and research can help you discover their talents.
Spot an Imposter
In any profession, you need to be on the lookout for imposters. The ICO advisor role is no different. When a person is simply trying to bring in revenue, they reach out to all areas to get business rolling in. You can spot a low quality advisor, by looking into their blockchain endeavors. If they seem to be sitting on the board of several different startups, you may have someone that is more interested in quantity than quality.
A quality ICO Advisor remains choosy about the clients they take on. They know that one or two sincere clients supply a better salary than several uncertain ones. They should be concerned about their reputation, meaning that they back up what they say. If you are unable to verify their qualifications through references, then you may be dealing with someone who is talking more than doing.
ICO Advisors are often out to make a name for themselves without a true understanding of the market. Watch out for these impostors when choosing the one you plan to work with. Take a good look at their accomplishments and research ideas to get a better understanding of what they can do for you. As blockchain and cryptocurrency become more mainstream, the dishonest advisors may begin to dissipate. Until then, it pays to be vigilant about who you choose for your project.