Why Youengine (YOUC) failed

[Towerbreeze]

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.

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[JHORN]

There are some that still makes gains out of this project, that's what bounty hunting is all about, even weak projects can bring high profits some times, some bounty hunters are able to sell at 0.05$ I belief so start acting like a real bounty hunter, profit is profit, reward is reward and I don't care where it's coming from.

[Festac]

Tbh this project has very good use case and they follow their roadmap very well, I believe it's not over until it's actually over, just because bounty hunters dumps and price is way down doesn't mean it can't recover but that's on the team, they may be lucky if they are able to come up with something new

[Kezacky]

This can be a special experience for me personally, especially Not to judge a project by its cover. Moreover, their project has attracted public attention by recruiting the name "John McFee" in it. I am also a participant in it and I have spent 3 weeks with him. I began to realize that the gifts they were giving were very large and I thought this would not come true. so at the same time I chose to go and choose another project.

[KaratX]

Don't be too quick to judge this project mate, the team may have less experience about crypto but they are hard working and reliable, they still go on distributing the exact amount of tokens they promised their promoters, this is a sincere team we should respect them, youengine is a tokenized platform for advertisers and it's already well connected, you could end up eating your words later

[JeffBrad12]

Just see that from the daily trade volume combined with how much the allocation that used for bounty and that will make sense to avoid dealing with such a project. There were so many projects that didn't even aware of that. Im feeling doubt if they were the new players but as far as i know if there are no so many projects have good experience in running the campaign.
A different story will be happening with this coin can enter the major exchange site with a better volume and demand.

[yurez]

It's early to bury Youengine as the product launch hasn't even taken place yet.  The team does not cheat bounty hunters and continues to distribute rewards, and also promises to list on some exchanges within the next few months.  Let's see what will happen by the spring of 2021 and then we will draw conclusions.

[wxxyrqa]

Just see that from the daily trade volume combined with how much the allocation that used for bounty and that will make sense to avoid dealing with such a project. There were so many projects that didn't even aware of that. Im feeling doubt if they were the new players but as far as i know if there are no so many projects have good experience in running the campaign.
A different story will be happening with this coin can enter the major exchange site with a better volume and demand.

Actually, this project is very interesting and has very great prospects in the future. All that is happening today is a drop in price due to the massive sale of coins after distribution. But nevertheless, we need to wait until December 12, when listing on 2 major exchanges, including Binance, will be available, and then the situation will change dramatically.

[tvplus006]

Tbh this project has very good use case and they follow their roadmap very well, I believe it's not over until it's actually over, just because bounty hunters dumps and price is way down doesn't mean it can't recover but that's on the team, they may be lucky if they are able to come up with something new

Youengine allocated bounty hunters too large payments, which amounted to tens of thousands of dollars at the ICO price. Therefore, those who have already received tokens tried to make a profit by selling them at the market price, which led to a decrease in the price. And this price will decrease even more when the other bounty hunters receive their tokens for the work done.

[Anonylz]

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.

Using small exchange is not necessarily the reason why a project should fail, (i know it can contribute to failure somtimes if care is not taken) i have seen i project like  Free Ton with no actual exchange except the telegram bot exchange but still maintain a good price despite conducting a bounty campaign,
i think the problem lies heavily on the team and their inability to be transparent with the community, what is the point of lying rather than coming out openly about the project,
perhaps maybe the allocation to hunters was part of the reason why the ship sinking fast, this is why limited participants and decent allocation is better for project in other to prevent price dump.

[NoG-NoG]

I was thinking to join and participate to their bounty campaigns when it is still running knowing how high is their bounty rewards but I think it is still a good thing knowing that there are several issues especially about youengine failing their own project. I also agreed that maybe one reason why they turns out to fail is because the team developers is just looking to raise funds then runaway and in for that I feel so pity to the investors of this project.

[masterrex]

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's too early to judge the project base on its token price today, I believe it's just temporary because of the bounty payment dumping, Just considered the total supply it was 11Billion so I guess the circulation is not that big to permanently drag the price to the bottom and the project is unique with 4 interfaces in just one App the team is clearly visible and not anonymous it is more transparent compared to many Defi projects out there and it was listed already in multiple exchanges so let the team finished the job, by the way, I was already filled my bag with YouCash tokens because it is cheaper for now.

[Cadaver20]

You pointed out some good reasons for YOUengine failed. We often see that tokens price drop 200-500% whenever Bounty Hunters are paid. YOUengine is no exception. Before paying Bounty Hunters, the price of 1 YOUC was >0.12. Whenever bounty hunters are paid, a large amount of tokens are enter into the exchanges and then price dumps. However, I am hopeful that the price of YOUC will be pumped again.

[joseyphil82]

I don't know why the team introduced 4 different bounty campaigns for this project, one is more than enough and they would have safe alot of tokens too, the bounty allocation is too big and that's what scared me off, instantly I knew the token will be worthless or dump real hard, well it's not too late if the team can come up with new strategy.

[Nhor1011]

Tbh this project has very good use case and they follow their roadmap very well, I believe it's not over until it's actually over, just because bounty hunters dumps and price is way down doesn't mean it can't recover but that's on the team, they may be lucky if they are able to come up with something new

That's true! I agree with you, YOUC is still in the process to recover. In my opinion, As long as the project still exist and continue to move even slowly it means it's has a possibility to recover and rise one day but of course all of this will happen depends on the project team and their strategy to attract more investors and gain their trust.

[tyz]

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.

Well, this point alone is a red flag. You can't count how many projects he has promoted over the past few years and none of them have come close to being successful. As an investor, one should follow the rule: Do not invest in a project in which John McAffee is involved.

[jessyj48]

I won't consider this as a failure, the team should be praised honestly for keeping their promise to bounty hunters, if it's one of those new projects today they will come up with new excuse just to avoid paying bounty hunters, this project use case is all about watching ads and getting paid, that isn't good enough but still the impossible can happen

[jessyj48]

The one thing I don't like here is John McAfee involvement, that guy is full of shit, he knew nothing about blockchain technology but still pretends like he understands all, every projects that he gets involved with goes down and never rise again, he shouldn't have make is way into crypto space in the first place.

[Stanlo]

I'm tracking YouEngine, it seems the project team know what they are doing, they knew that bounty hunters will sell off their tokens and that's why they still keep distributing bounty tokens, the project is yet to launch, that's what many people don't get, once the dump is over the project will be fully launched and they will go for high crypto exchange, only those who hold will benefit

[aioc]

Tbh this project has very good use case and they follow their roadmap very well, I believe it's not over until it's actually over, just because bounty hunters dumps and price is way down doesn't mean it can't recover but that's on the team, they may be lucky if they are able to come up with something new

I also believe that, let's give them a benefit of the doubt the fact that they distributed tokens to their bounty hunters just when many hunters are screaming escrow the tokens from other projects, they are just starting out, don't kill them yet they are still on it we never know what's going to happen next year or beyond, if they give up then that's the time that we can call it a shitcoin.