Post
Topic
Board Altcoin Discussion
Re: Why Youengine (YOUC) failed
by
kingzpro
on 07/11/2020, 20:31:39 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.
It is too early to call youengine as a failed project.
The team and company behind the project is a solid one with years of experience and success.
I believe they are working to develop the best platform for the users and supporters.
I do have reservations about large total supply of 11 billion tokens because such a large supply sound very old tokenomic model.
But i am sure the circulating supply would be much smaller.
I still trust the team and i would give them good 6 to 8 months before i would be judging them and their project.