Post
Topic
Board Altcoin Discussion
Re: Why Youengine (YOUC) failed
by
abel1337
on 06/11/2020, 03:43:10 UTC
I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.
They got a hype which is good actually by using McAfee name in every ads they are made. but the thing is, they didn't use this in proper way, if they raised a good amount they must list it in a good exchange not to those cheap exchange, I don't know what is their exchange but it is a big factor or they may use that money to hire in YouTuber that can help them to promote in his channel. They lack in marketing that's why it failed. Projects needed to spend money for their marketing and not hold fund for it.