Post
Topic
Board Altcoin Discussion
Re: Why Youengine (YOUC) failed
by
culuuton
on 13/11/2020, 07:34:24 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.

isn't it too soon to declare this project a failure? Despite the drastic drop in prices and low trading volume. At least now it has improved and the team promises a product will be released in the near future. At least wait until the product is there.
 
However, for point no 4 I agree with you.
Some signs affect the quality of the project, but it also depends on the team's efforts. After a few days of catastrophic price drop, the YOUC is having an upward correction, so it is impossible to conclude in a hurry. We wait for more updates from the dev team.