I have been an investor in the AppCoins project since its beginning, when Aptoide conducted an ICO for it and raised 15 million euros, i.e. since the end of 2017. I'm probably one of the biggest individual investors at the moment.
 
I truly believed in their idea and supported them as early as in the pre-sale and ICO stage. I later bought their APPC only to see their value continuously fall thanks to their laziness and incompetence. Even after they were delisted from Binance and Huobi (Crypto Exchanges), I was among the investors who kept on supporting them and gave constructive suggestions for the project’s future. And how did they respond? They banned us from the project’s main Telegram group without any explanation. I later tried to get in touch with them personally. I sent them a list of liquid exchanges that would have listed their APPC. Nothing! Then I proposed mediation for solving the problem of the few remaining investors. Again nothing! The management ignored all my efforts to get in touch with them directly through LinkedIn, Twitter, and Medium. All my questions on email were answered with sheer copy-paste replies.   

I have collected evidence from their current and past employees saying that they had intentionally abandoned the project. Their recommendation was that I sell my APPC tokens and invest in other crypto projects.  (I can't upload these pictures, because I want to protect their identity).

The problem here is not the token’s decrease in value per se. The issue is that they failed to fulfill as much as 10% of the pledge in their White Paper, which only served to help them raise the 15.3 million euros, money that they managed to waste while selling only the tokens intended for the Team & Advisors. The tokens intended for Operations, Bootstrap, and Reserves remained unused. That clearly proves that they were not interested in successfully operating the project in the first place. The problem is that the APPC lost its utility and remained out of the billing system of the project; and that they abandoned the project intentionally. Not to mention that the manner in which they communicate with their investors is unacceptably disrespectful.

In the meantime, all links on the project’s site have been redirected to the Catappult Console project, which has the same goal, solves the same problems as Appcoins, and has the same founders and employees as Aptoide and Appcoins.
 
As for their delisting from Binance and Huobi, Binance has already disclosed the reasons, unambiguously stating that the problems include: “Commitment of team to project, Level and quality of development activity, Level of public communication, Evidence of unethical/fraudulent conduct or negligence.” https://www.binance.com/en/support/announcement/binance-will-delist-appc-evx-rdn-on-2021-12-27-feb78d8d93f54540a5ade2a970da87b3