Why are so many company founders in advisory role for another when they haven’t created anything themselves?
Looking at a bunch of company team members I find a lot of founders and cofounders of crypto companies in advisory roles for another newer company. What advise can they possibly give if they themselves have not produced anything of value to the world? I guess to me it just looks like money grab after money grab - advisor gets a cut while the company benefits from their image. Am I just being too cynical or is crypto fund raising just a scam after scam designed to funnel as much money as possible into private pockets from the public? The team member pages even make the advisors sound like some sort of crypto OGs when all they have done is ran their own ICO with no product to show for. I won’t name names but if you want to discuss further we can go see into the rabbit hole.
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